Dowjones Potential ShortRisk-off sentiment dominates the market amid tightening monetary policies and rising inflation, fueled by Trump's policies. For now, I see a bearish outlook, and this is a bearish setup on Dow Jones that I'm watching closely.
US30FU trade ideas
possibility of uptrendThe index is expected to consolidate above the resistance range, then a continuation of the uptrend is likely. If the support range is broken, a continuation of the downtrend and correction is likely.
Us30-Sell ScenarioSymmetrical Triangle Breakout and retest formation, Bearish flag formation, ABC retracement formation and Order Block
E3 markupHere I demonstrate the flowless look at the charts from a less cluttered view using the E3 strat.
Thanks for looking!
DJI Dow jones industrial avg 24hr potterboxDJI Dow jones industrial avg. 24hr potterbox. The Dow came down and bounce off of the 50 percent line or cost basis. $43,403.41 ish, Hopefully it will continue in this direction. An open and close above the 50 percent line means it will continue up. this box could be modified some, but it looks good right now. Happy Trading.
Weekly Forex Outlook Sun.Feb.23.2025 - Fri.Feb.28.2025Like and Comments would be appreciated :D Not Financial Advice, Just my outlook/opinion
only sellIt is still moving based on the analysis, when it hits the weekly floor, it is likely to move in the direction of the big arrow, maybe 47,000 will be available
US30 move down bearishus30 is short term correcting to the down side but right now it may need to move higher to 400 to 500 points to break the current support level any thoughts are welcomed
sell and buyFirst we continue with sell and then we go at the price of 42750 for buy for the purpose of the roof of the channel
Dow drops on inflation expectations of US consumersThe Dow (US30) index price action sentiment appears bullish, supported by the longer-term prevailing uptrend. However, since reaching an all-time high on 04th December 2024 the Dow index price action is consolidating in a sideways trading range.
The key trading level is at 42980, previous consolidation zone and the rising support trendline . A corrective pullback from the current levels and a bullish bounce back from the 42980 level could target the upside resistance at 43680 followed by the 44080 and 44540 levels over the longer timeframe.
Alternatively, a confirmed loss of 42980 support and a daily close below that level would negate the bullish outlook opening the way for a further retracement and a retest of 42520 support level followed by 41820 (200 Day Moving Average).
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
FVG AND HOLC BUYI think we have hit the low for today and we have a big bearish FVG higher so i target the 50% of her and in 1min TF i entry in bullish FVG
DOW JONES Rectangle bottom formed. Bullish.Dow Jones hit today its MA200 (4h) and rebounded.
This has come too close to the bottom of the Rectangle pattern that dominates the price action in the past 3 weeks.
Trading Plan:
1. Buy on the current market price.
2. Buy again if the price closes above the Falling Resistance.
Targets:
1. 44450 (MA50 4h and Falling Resistance).
2. 45000 (top of Rectangle).
Tips:
1. The RSI (4h) got oversold and rebounded like on the February 3rd Low. Strong buy signal.
Please like, follow and comment!!
Dow30 buy Last week buyers aggressively rejected lower prices at this price levels
44195.7 & 44179.5
20th Feb we see a reaction to this oders with anticipation that buyers will successfully defend their buying interest
US30 (Dow Jones) H1 Analysis: Descending Resistance TestLooking at the H1 timeframe for the US30, we're seeing an interesting technical setup:
Market Structure:
Price trading beneath a clear descending resistance line
Consolidation pattern forming in recent sessions
Moving averages tightly grouped, indicating potential breakout setup
Recent lower highs respecting the descending trendline
Key Levels:
Major Resistance: 44,767 (Descending Trendline)
Current Price: ~44,518
Support Level: 44,153
Immediate Resistance: 44,592
Technical Indicators:
Volume showing decreased activity in recent consolidation
Momentum indicators showing neutral bias
Price compressing between moving averages
Lower timeframe structure indicates potential bearish continuation
Trading Considerations:
Watch for reaction at descending trendline
Volume increase needed for valid breakout
Key support at 44,153 needs to hold for bullish scenario
Potential for continuation of range-bound condition
s
US/30 bullishlooking for price to enter 0.71 fibb area for a buy to the upside,
i will be looking to enter this on a lower timeframe, with a possible scale in depending on market structure. alert set for the 0.71 fibb area.
check the trendIt is expected that the triangle range will be broken upwards and we will witness the beginning of the upward trend.check
US30 Liquidity We swept some liquidity.. i was looking for a short trade but first we should wipe out this liquidity
US30We can attempt to buy US30 from specified level as it make HL , also 0.618 FIB level intact indicate that it moves upward.
SL , TP mention in chart.
Weekly Forex Outlook Sun.Feb.16.2025 - Fri.Feb.21.2025Like and Comments would be appreciated :D Not Financial Advice, Just my outlook/opinion
US30 Short IdeaLooking to short US30 from this level. Companies are far too over valued. Consumer sentiment came in Friday at the lowest level in two years. Key resistance level. See a pullback into a key level. When the dow fails to break thursday high on friday. A lower low is formed on the following open. If we dont see a lower low, then it may be a bullish trend day.
