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Dow Jones Industrial Average Index forum

27 minutes ago

40k to be tested, sell 40400

40 minutes ago

US30 Intraday Trade Setups

🛒 Intraday Buy Trade Setup

Entry: 40,379 📍 (Retest of 61.8% Fib + Swing Low)
Stop Loss: 39,950 🛑 (Below Daily Support Cluster)
Take Profit 1: 40,728 🎯 (Daily Pivot & 38.2% Fib)
Take Profit 2: 41,150 🚀 (Upper Bollinger Band & VWAP)

Rationale:

Bullish divergence on 1H RSI (14-period)
Morning star candlestick pattern at 40,379 demand zone
Institutional bid cluster detected via volume profile

🎯 Intraday Sell Trade Setup

Entry: 40,728 📍 (Daily Resistance & 127% Fib Extension)
Stop Loss: 41,300 🛑 (Above Confluence Zone)
Take Profit 1: 40,379 🎯 (61.8% Fib Retracement)
Take Profit 2: 39,950 🚀 (Swing Low & 200-MA)

Rationale:

Bearish engulfing pattern at 40,728 supply zone
Hidden bearish divergence on MACD histogram
Options-led gamma squeeze resistance

NeomGoldForexVIPSignals

6 hours ago

📈 US30 Daily Analysis Based on Main Key Levels – April 15, 2025

Current Market Price:

40,472

🗝️ Critical Price Zones

Below Price (Demand Cluster):

Immediate Support: 39,465
Strategic Floor: 39,204
Swing Low: 41,400

Above Price (Supply Cluster):

First Resistance: 40,728
Key Barrier: 40,896
Swing High: 44,045

📊 Technical Drivers

1. Fibonacci Confluence

Bull Scenario: 39,204 aligns with 78.6% retracement of rally from 41,400→44,045.
Bear Scenario: 40,896 matches 127% extension of recent consolidation range.

2. Momentum Indicators

RSI: Neutral at 49, showing hidden bullish divergence on 4H chart.
MACD: Histogram turning positive near 39,814 support.

💡 Intraday Trade Setups

Long Opportunity 🟢 (Intraday Buy)

Entry: 39,204 📍
Stop Loss: 37,512 🛑
Take Profit 1: 40,379 🎯
Take Profit 2: 40,728 🚀

Rationale:

Historical liquidity pool at 39,204 coincides with institutional bid clusters.
Bullish hammer pattern observed on 4H timeframe.

Short Opportunity 🔴 (Intraday Sell)

Entry: 40,896 📍
Stop Loss: 41,293 🛑
Take Profit 1: 40,030 🎯
Take Profit 2: 39,465 🚀

Rationale:

Resistance confluence at 40,896–41,293 aligns with options expiry gamma wall.
Bearish volume surge during London session retests.

📉 Risk Management Protocol

Trail stops to entry after TP1 achievement in both setups.
Monitor US retail sales data (15:30 GMT) for fundamental confirmation.

🔍 Market Perspective

US30 consolidates between 39,465–40,896. Favor fade strategies at range extremes with 1:2.5 risk-reward ratios. A decisive break above 41,293 or below 39,204 would signal trend acceleration.

beyond50

9 hours ago

The Daily remains in Bearish Market Bias. A Gigantic move is still coming this week with the presence of the very tall Double Inside Day pattern.

We'll see if the explosive move will be to the downside. Here are some signs:
- Bearish Market (directional) Bias;
- The bullish and bearish trendlines (shown as red and green dotted lines) came together as a Pennant pattern to encourage moves to the downside;
- Price action has been moving under a Falling Window (Gap Down) that still has not closed, so its strong forces of Resistance are still active;
- And, continued consolidation within a very tall Inside Day pattern shows that a breakout from its high at 40,909 was rejected, so a true breakout can be towards the pattern's low at 38,400.

We'll see where the tight "coiling" from the Double Inside Day really springs out in a BIG way. Either to the downside or upside.

beyond50

17 hours ago

The Hourly flipped from Bearish to Bullish (directional) Market Bias after crossing the Bullish Trendline (to the left side of the green dotted line). The bulls are in Overbought Territory, so a retrace to the downside is overdue.

If the bears step in for the retrace to the downside (to cross back to the right of the trendline), there may be a shallow one or a proper retrace towards 40,434 through Mean Reversion. But if the bulls keep rallying to breach the Swing High of 40,791, then more moves to the upside.

*Side Note: There's low volume behind the move of this bullish candle still forming, so the market makers are not participating.