DJI I am into this trade.
Dow Jones Industrial Average Index forum
๏ปฟDJI I am into this trade.
US30 Switching to the 4-Hour timeframe, it's a similar situation as the Daily. The candles are stuck between a Gap Down (acting as Strong Resistance) and Gap Up (acting as Strong Support).What's above the Gap Down? If the bulls close that Gap with a candle close at 40,299, they can head for the S&R Zone (that starts at 40,468) above and Swing High of 40,788.
So, we'll either get a breakout from one of the two Gaps or consolidation between them.
US30 Looking at the Daily that is in Bearish (directional) Market Bias, the bullish candle still forming is struggling against the Resistance of the Gap Down, while getting Support below from the Gap Up. Overall, it's between a natural form of Support & Resistance - wedged between the two Gaps.We'll see if the bulls close the Gap Down at 40,299 to rise up more or just consolidate between the Gaps today.
Also, notice the Pennant formed from the two trendlines (in red and green dotted lines). Their shape had encouraged the down moves earlier. That is another formed of Resistance the bulls would have to deal with.
TQQQ Volume's low, but the surge is hugeโpretty suspicious. Staying on the sidelines for a bit.SQQQ 
NDX DJI 
SPX
US30 40200...300..40.500 sell ๐ ๐ฎ John's tgt 39234...38555
US30 US30 Intraday Trade Setups - April 23, 2025
๐ Intraday Buy Setup
Trade Entry: 39,593 ๐ฏ
Stop Loss: 39,280 ๐ซ (-0.8% from entry)
Take Profit 1: 39,850 โ (+0.65%)
Take Profit 2: 40,120 โ (+1.33%)
Reason:
Strong confluence at 38.2% Fibonacci retracement (39,550โ39,620 zone)
Daily support cluster from prior swing lows and ascending trendline
RSI rebounding from oversold territory (29.8 โ 42.1)
๐ Intraday Sell Setup
Trade Entry: 40,054 ๐ฏ
Stop Loss: 40,320 ๐ซ (+0.66% from entry)
Take Profit 1: 39,820 โ (-0.58%)
Take Profit 2: 39,590 โ (-1.16%)
Reason:
Resistance at 61.8% Fibonacci extension (40,040โ40,080 zone)
Bearish divergence on 4H MACD histogram
Volume drop near key supply area
US30 ๐ US30 Daily Analysis Based on Main Key Levels - [April 23, 2025]
Daily Current Market Price (DCMP): 38,309
Market Position: Trading above structural support at 38,255 and below immediate resistance at 38,498
๐ Critical Technical Levels
Resistance (Above DCMP)
๐ 38,498 - Intraday sell trigger (1.272 Fib extension)
๐ 39,307 - Liquidity zone (4H timeframe)
๐ 40,354 - Macro resistance
Support (Below DCMP)
๐ข 38,255 - High-conviction buy zone (61.8% Fib retracement)
๐ข 38,099 - Volume-weighted support
๐ข 37,638 - Trend-defending level
Swing Levels
โ๏ธ Swing High: 42,819 (Daily timeframe)
โ๏ธ Swing Low: 37,801 (4H timeframe)
๐ Intraday Trade Setups
Buy Opportunity
Entry: 38,255 ๐ฏ
Stop Loss: 37,638 ๐ซ
Take Profit 1: 38,936 โ
Take Profit 2: 39,645 โ
Rationale:
Confluence of 61.8% Fib retracement & historical support
Bullish RSI divergence developing on 4H chart
MACD histogram nearing bullish crossover
Sell Opportunity
Entry: 38,498 ๐ฏ
Stop Loss: 39,307 ๐ซ
Take Profit 1: 38,099 โ
Take Profit 2: 37,801 โ
Rationale:
Resistance aligns with 1.272 Fib extension
Bearish order block on daily timeframe
Declining volume above 38,500
๐ Technical Landscape
Fibonacci: 38,255 marks 61.8% retracement of 37,801-42,819 swing
RSI: Neutral at 52.1 with hidden bullish divergence
MACD: Signal line compression suggests breakout potential
Volume Profile: Thin trading at 38,300-38,500 range
๐ Fundamental Catalyst
Fed Chair Powell's speech (23 April)
US Q1 GDP preliminary estimate release
Geopolitical tensions impacting risk sentiment
US30 double top forming 1 hr
US30USD Based on ๐ฅThief Trading style technical and fundamental analysis๐ฅ, here is our master plan to heist the US30/DJI "Dow Jones" Index CFD Market. Please adhere to the strategy I've outlined in the chart, which emphasizes short entry. Our aim is the high-risk Yellow MA Zone. Risky level, oversold market, consolidation, trend reversal, trap at the level where traders and bullish robbers are stronger. ๐๐ธ"Take profit and treat yourself, traders. You deserve it!๐ช๐๐Entry ๐ : "The vault is wide open! Swipe the Bearish loot at any price - the heist is on!
however I advise to Place sell limit orders within a 15 or 30 minute timeframe most nearest or swing, low or high level for Pullback Entries.
Stop Loss ๐:
๐Thief SL placed at the nearest/swing High or Low level Using the 1D timeframe (41000) Day/Swing trade basis.
๐SL is based on your risk of the trade, lot size and how many multiple orders you have to take.
Target ๐ฏ: 35000 (or) Escape Before the Target
US30 Special Alert!On the Hourly that is in Bullish (directional) Market Bias, a Double Inside Day formed. Watch for a BIG move to come, either to the upside or the downside.
