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Dow Jones Index Cash CFD (USD)

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DJ30 trade ideas

Futures Rise as Markets Focus on Powell’s Jackson Hole SpeechFutures Climb as Investors Eye Powell’s Jackson Hole Speech U.S. stock index futures rose on Friday, with market participants eagerly awaiting Federal Reserve Chair Jerome Powell's remarks at the Jackson Hole Economic Symposium. Investors are looking for hints regarding future interest rate cuts in the world’s largest economy. Current Technical Outlook: The price action suggests a potential move towards 41,030 if it can stabilize above 40,860. Conversely, sustained trading below 40,800 may signal the start of a bearish trend. Bullish Scenario: If the price holds above 40,850, it could drive gains toward 41,030. Further momentum might extend the rally to 41,345. Bearish Scenario: A reversal and stabilization below the pivot line at 40,800 could trigger a bearish trend, with downside targets at 40,480 and 40,320. Key Levels: Pivot Line: 40,850 Resistance Levels: 41030, 41345, 41600 Support Levels: 40660, 40470, 40320 Expected Trading Range Today: The price is likely to fluctuate between support at 40,320 and resistance at 41,170.
OANDA:US30USD
by SroshMayi
Is the retracement over?22/08/24 Today price reached it's highest point 41,814.4 after which it sold down to 40,598.6 signalling a 10H HL as a new type of low. This sell off as a new 23H LH aligned perfectly as point C on a bearish trend line where price previously signalled a 23H HH and 23H LH. Therefore it is fair to think that we are entering into a bit of a retracement before heading to new ATHs. So what happens next? Although price sold down to 40,598.6 signalling a 10H HL as a new type of low I do not believe that the retracement is over as the 8H and the 9H TF are without a HL signal. If the 10H is the biggest TF to signal a HL this means that all the timeframes below must have their respective low points signalled as well. Therefore my bias remains bearish until all the TFs are properly aligned. LH and LL points define a downtrend. Price sold down 40,598.6 signalling a 10H HL as a new type of low. After which price has been buying up and currently signalling a LH on the 1H TF. Using my fibs on the 1H TF this LH can continue bullish to 40,876.8 at the 61.8% retracement level and the MAs before resuming down to signal a new LL and possibly a 23H HL. As long as price remains below the bearish level of resistance at 40,955.3 then the downtrend is still valid.
OANDA:US30USDShort
by jhannellefrancis
US30 Market breadth EMA50 [INVESTIC] Introducing the 50-day Exponential Moving Average (EMA) Market Breadth for the Dow Jones Industrial Average (DJIA). This tool is designed for traders who want to assess the market’s short- to mid-term momentum with precision. By tracking how many of the 30 Dow Jones stocks are trading above their 50-day EMA, the indicator gives a clear view of market strength or weakness over a moderate timeframe. Traders may use the indicator to identify and confirm the market's medium-term trends. It strikes a balance between the sensitivity of shorter-term indicators like the 20-day EMA and the long-term perspective of the 200-day EMA. Displayed as a histogram ranging from 0 to 30, this indicator provides a quick and effective way to see how many Dow Jones stocks are maintaining their trends over this mid-range period. 🔶Usage The 50-day EMA Market Breadth is incredibly versatile, catering to different trading styles. For example: Intraday Trading: While the 50-day EMA is more commonly associated with swing or mid-term trading, intraday traders can still use this indicator to confirm the broader market trend, which is crucial for trading with confidence throughout the day. If the majority of stocks are above their 50-day EMA, it suggests strong underlying momentum. Use this information to support your intraday trades in the direction of the trend. For example, if the histogram shows 20 or more stocks above the 50-day EMA, you might prioritize long positions, knowing that the overall market sentiment is positive. Conversely, if the histogram is low, it may be better to focus on short positions or be more cautious with longs. Swing Trading: For swing traders, the 50-day EMA Market Breadth Histogram is a key tool for timing entries and exits within the market's medium-term trends. You can monitor the histogram regularly to gauge whether the market is supporting your swing trades. If you notice the histogram starting to decline, consider tightening your stop losses or scaling out of positions, as this may signal weakening momentum. Additionally, use the histogram to confirm breakout trades or to stay in trades that are running strong, ensuring that you are aligned with the market’s mid-term direction. Longer-Term Trading: Long-term traders can leverage the Market Breadth to gain insights into the market's medium-term health, helping to fine-tune their long-term strategies. Use the histogram as a barometer for market strength when making decisions about your long-term portfolio. A consistently high histogram suggests a strong mid-term uptrend, which could reinforce your conviction to hold or add to long-term positions. On the other hand, if you see a sustained decline in the histogram, it may be a signal to reassess your portfolio and consider implementing risk management strategies. The indicator can also help you identify potential market lows, when you see the number of stocks on the histogram goes near bottom. No matter your trading style, the 50-day EMA Market Breadth Indicator offers a comprehensive view of market momentum. By integrating this tool into your daily, weekly, or monthly analysis, you can make more informed decisions that align with the prevailing market trends.
CAPITALCOM:US30
by Investic_analytics
US30 Market breadth EMA20 [INVESTIC]Introducing our Market Breadth Indicator for the Dow Jones Industrial Average (DJIA), based on the 20-day Exponential Moving Average (EMA). This tool is designed for traders looking to gauge short-term market sentiment and momentum within the Dow. By tracking how many of the 30 Dow Jones stocks are trading above their 20-day EMA, this indicator offers a quick and precise snapshot of the market’s short-term strength or weakness. Traders can use this shorter-term market breadth indicator to identify emerging trends, confirm the direction of the market, and make more timely trading decisions. The 20-day EMA provides a more responsive view of market conditions compared to the longer days EMA, making it ideal for traders focused on capturing near-term movements. Displayed as a histogram ranging from 0 to 30, the indicator helps you quickly assess how many Dow Jones stocks are in a bullish or bearish stance over the short term. 🔶Usage The Market Breadth based on the 20-day EMA is perfect for traders of all styles, from those who thrive on fast-paced intraday action to those with a longer-term view. Here’s how you can apply this indicator in different trading scenarios: Intraday Trading: Market Breadth is a powerful tool to spot shifts in momentum throughout the trading day. As the market moves, the histogram will quickly reflect changes in the number of stocks trading above their 20-day EMA, helping you identify potential entry or exit points. As an example, this tool can be use to find short-term lows or peaks. As the histogram rises above the green zone in the session it may indicate increasing buying pressure, suggesting opportunities for quick long positions from the low. Also it can help spot potential rebound in the near term, for example, a rising number of stocks while the index declines could signal a quick short-term trades. Swing Trading: Swing traders can use the Market Breadth to time trades more effectively within short- to medium-term trends. When the histogram is consistently high, it indicates that the majority of Dow stocks are experiencing short-term uptrends, making it a favorable environment to hold onto positions. However, if the histogram starts to drop, it may be an early warning that the trend is losing strength, prompting you to consider exiting or tightening your stop losses. This indicator helps you stay in tune with the market’s short-term direction, optimizing your swing trade entries and exits. Longer-Term Trading: While the 20-day EMA is more commonly associated with short-term analysis, it can still be valuable for longer-term traders who want to keep a pulse on shorter-term market movements. By monitoring the Market Breadth over weeks or months, you can spot when the market is reaching its peak or its low on a shorter timescale. The 20-day EMA Market Breadth is a versatile tool that provides actionable insights across various trading horizons. Whether you’re looking to capture quick intraday moves, time your swing trades with precision, or keep an eye on short-term trends as part of a longer-term strategy, this indicator is designed to enhance your market analysis and trading decisions.
CAPITALCOM:US30
by Investic_analytics
US30 Market breadth EMA200 [IAS]Introducing our Market Breadth Indicator, specifically designed for traders looking to gain a deeper understanding of the overall health of the Dow Jones Industrial Average (DJIA). This indicator tracks how many of the 30 Dow Jones stocks are trading above their 200-day Exponential Moving Average (EMA), giving you a quick snapshot of market momentum. Traders typically use market breadth indicators to assess whether the market is broadly strong or weak. When more stocks are trading above their 200-day EMA, it suggests a healthy, bullish environment. Conversely, fewer stocks above this threshold could indicate a weakening market or a potential downturn. Our indicator takes this concept and visualizes it in an easy-to-read histogram, ranging from 0 to 30, where 0 represents no stocks above the 200-day EMA and 30 represents all stocks above this key level. 🔶Usage Using the Indicator in your trading is straightforward, you can simply implement it by looking for: 1. Bullish Signals: When there are higher number of stocks highlighted in red (e.g., 25-30) trading above their 200-day EMA, it’s a strong signal that the market is in a robust uptrend. 2. Bearish Signals: When the histogram starts declining towards the lower end (e.g., 0-10, where below 6 is highlighted in green). This can be use as a warning sign that the market might be entering a bearish phase. 3. Confirming Trends: The indicator is also useful for confirming trends. For example, if the overall market is rallying but the histogram is showing a decline in stocks above the 200-day EMA, it could be a sign of underlying weakness. This divergence can alert you to potential trend reversals. This indicator is versatile and can be adapted to various trading styles, whether you’re an intraday trader, or a longer-term investor. Intraday Trading: For intraday traders, this tool can be use to find short-term lows or peaks. As the histogram rises above the green zone in the session it may indicate increasing buying pressure, suggesting opportunities for quick long positions from the low. Conversely, if the histogram declines from a red zone, it could be a signal to explore short setups. Using this indicator alongside your usual intraday strategies can help you fine-tune your entries and exits, reducing risk and enhancing your trading precision. Longer-Term Trading: For longer-term investors or those looking to position trade on a weekly basis, Market Breadth is an excellent tool to assess the overall health of the market. A histogram consistently near its upper range (e.g., 25-30) over several weeks signals a strong, sustained uptrend, making it a good time to add to positions or initiate new ones. On the other hand, a gradual decline in the histogram over time may indicate that the market is weakening, suggesting a more cautious approach, such as rebalancing your portfolio or exploring defensive strategies. This longer-term perspective can help you stay aligned with the broader market trend, reducing the risk of being caught on the wrong side of a major market move. By using the indicator across different timeframes, you can better align your trading strategy or even plan your risk management with the underlying market conditions, making more informed decisions whether you’re trading by the minute or planning for the months ahead.
DJ:DJIShort
by Investic_analytics
US30 ( UNDER BULLISH PRESSURE ) - 4H US30 HELLO TRADERS Tendency , prices is under upward pressure , until trading above turning level at 40,680 Upward Condition :The price is currently experiencing bullish momentum. As long as it remains above the 40,680 turning level , it is likely to move upward toward the resistance levels of 41,040 and then 41,401. Downward Condition :To reach the 40,239 support level (1) , the price needs to first break the turning level by closing a 4-hour candle below 40,680. If it stabilizes below support level (1) , a further decline toward the support level (2) at 39,812 can be anticipated . TARGET UPWARD ZONE : RESISTANCE LEVEL (1) : 41,040 . RESISTANCE LEVEL (2) : 41,401 . TARGET DOWNWARD ZONE : SUPPORT LEVEL (1) : 40,239 . SUPPORT LEVEL (2) : 39,812 . TURNING LEVEL : 40,680 .
ULong
by ArinaKarayi
Could price reverse from here?Dow Jones (US30) is rising towards the pivot which acts as a pullback resistance and could revers to the 23.6% Fibonacci support. Pivot: 41,036.40 1st Support: 40,643.17 1st Resistance: 41,405.66 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
UShort
by ICmarkets
Fed Minutes & Jackson Hole Speech Set Stage for Market Movement Market Outlook: Minutes from the Fed's July policy meeting are due later today, followed by Chair Jerome Powell's speech at the Jackson Hole economic symposium on Friday. Market participants expect Powell to hint at a potential rate cut in September, though any emphasis on persistent inflation could dampen investor sentiment. According to the CME's FedWatch tool, there is currently a 69.5% probability of a 25 basis-point cut and a 30.5% chance of a more aggressive 50 basis-point reduction. Current Technical Outlook: The trend suggests a potential upward movement as long as the price stays above 40,800. The market is expected to consolidate between 41,030 and 40,850 until a breakout occurs. Bullish Scenario: If the price trades above 40,850, it could drive an increase toward 41,030, with further gains potentially leading to 41,345. Bearish Scenario: Should the price reverse and stabilize below the pivot line at 40,800, a bearish trend may emerge, targeting 40,480 and 40,320. Key Levels: Pivot Line: 40860 Resistance Lines: 41030, 41345, 41600 Support Lines: 40700, 40500, 40330 Expected Trading Range Today: The price is likely to fluctuate between support at 40800 and resistance at 41130. Trend: Upward movement.
OANDA:US30USDLong
by SroshMayi
DJIA H4 | Heading into swing-high resistanceDJIA (US30) is rising towards a swing-high resistance and could potentially reverse off this level to drop lower. Sell entry is at 41,032.64 which is a swing-high resistance. Stop loss is at 41,523.00 which is a level that sits above a swing-high resistance at the all-time high. Take profit is at 40,417.18 which is a pullback support. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
FX:US30Short
by FXCM
Bullish momentum to extend?DJ30 is falling towards the support level which is a pullback support that lines up with the 23.6% Fibonacci retracement and could bounce from this level to our take profit. Entry: 40,513.44 Why we like it: There is a pullback support that lines up with the 23.6% Fibonacci retracement. Stop loss: 40,044.69 Why we like it: There is a support level which aligns with the 50% Fibonacci retracement. Take profit: 41,097.91 Why we like it: There is a pullback resistance. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
DLong
by VantageMarkets