The Dow Jones Industrial Average (DJIA), Dow Jones or the Dow for short tracks the performance of 30 of the biggest companies in the US including Boeing, Intel, and Dow. It’s often used as a barometer for the overall performance of the country’s equity markets. Historically it’s one of oldest and most followed indices. The chart is a useful measure of US economic...
The US30 has enjoyed a robust bullish run, but recent price action on the 1D and 4H charts indicates potential weakness. I'm anticipating a **sell opportunity** should we observe a decisive break below the current range low, followed by a retest and failure of that level. Potential targets for this trade would align with prior 1D accumulation range...
Hello traders as you can see US30 has been on a bullish trend in the past week and months, it created the ascending triangle pattern that signals the bullish continuation and the price broke above the pattern so now we have to wait for the pullback into that zone and look for bullish trades after the price has created reversing pattern on that zone.
simple trading - follow the trend
A very bullish market always needs a pullback. What a great Head and Shoulders pattern for a reversal to the downside. NAS100 has officially broken below all bullish trend lines on the Daily. NAS100 is looking to create more sell pressure. With NAS100 being at the top of its weekly trend, look for a correction. Massive sell if...
Us30 reached resistance and started to show BOS to the downside on 5mins and 15mins.
Upon seeing this I waited for retracment and rejections at entry zone of 38490.000 with sl@ 39520.00 (30pts).
TP1: 38400.000 TP2: 38350.00 TP3: 38330.00 TP4:38150.00
* Where has the market moved since I entered my trade? Slight profits
* If I looked at the market now, would I...
My bullish bias for US30 remains intact this week. Last week's analysis (Scenario A) unfolded precisely as anticipated. With another upward break in structure, I continue to anticipate US30 to sustain its bullish trajectory. Currently, having cleared liquidity at the recent high, a pullback to another demand area is foreseeable.
My focus shifts to the 12-hour...
CAPITALCOM:US30 The daily pivot is 37105, the first support is 38062, and the second support is 37764. As long as they do not fall below, my target is 38743.
Like and comment if you find value in our analysis.
Feel free to post your ideas and questions at the comments section.
Good luck
My bias for US30 this week remains bullish, especially after it broke structure to the upside following the NFP release. This breakout formed a new demand zone, providing potential buying opportunities. Alternatively, if price doesn't respect this zone, it may decline further to breach the trendline near Point (A) POI and then reach the 3hr demand zone beneath...
Hello traders!
‼️ This is my perspective on DOW JONES.
Technical analysis: Here we are in a strong bullish market structure, so I look only for longs. I want price to make a retracement to fill the imbalances lower and then to reject from bullish order block.
Fundamental news: This week is full of news in USA. Firstly on Wednesday we have Interest Rate followed...
This is the analysis for SPY weekly. It has momentum in it and I am bullish.
Trade with SLs but it has momentum on every single time frame.
NOTE:IT HAS BULLISH MOMENTUM
Take a look at our analysis for US30USD.
Time Frame: 12h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is testing a major horizontal structure 37679.9.
Taking into consideration the structure & trend analysis, I believe that the market will reach 37164.4 level soon.
P.S
Please, note that an...
Pair : US30 Index
Description :
Impulse Correction " ABC " Impulse Completed. Rejecting from the Strong Resistance Level. Completed " 1234 " Impulsive Waves in Short Time Frame. Rising Wedge as an Corrective Pattern in Long Time Frame , Wait for the Proper Rejection / Breakout
he current situation for US30 lacks interest as price has already cleared a significant portion of the supply, resulting in a bearish move to eliminate remaining trendline liquidity. Currently, I am patiently waiting for a new break of structure to occur and the formation of a fresh supply zone. This will provide an opportunity to initiate sell positions targeting...
My bias for this weeks forecast is for US30 to see a temporary bearish move to the downside. As price has now slowed down, it shows that bullish pressure has now become exhausted. To add, we can see there was a clean 4hr supply which has triggered this initial bearish move.
Having observed the expected retracement and correction back up to 37500.0, I now...
Hello guys,
The Dow Jones recently broke through its all-time high.
My prediction is that at least for the short term, there is a correction ahead of the Dow Jones.
After correction, you can think about buying in the specified areas.
long at current prices is very very dangerous, Take care.
According to the stock index chart, it has succeeded in breaking out of its historical ceiling. It is now breaking even to the broken level. The movement path is plotted in the chat.
📉Based on the chart: Important levels are marked
.📢 Please follow your strategy, , this is just my idea
.🙌Please do not forget the ' like' button & Share it with your friends
.✍ I...
