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...
Data released earlier Thursday showed that Britain ran up a higher-than-expected budget deficit in November, adding to the strain on the public finances and underscoring the limited room for pre-election tax cuts by Prime Minister Rishi Sunak's government. The main economic data release Thursday, however, will come from across the pond, with the U.S. economy...
Waiting for price to reach at 34200 zone. if price has a momentum we trade it buy. stops at 32800. nothing is perfect on this idea. Trade at your own risk. Follow for more daily updates and market analysis.
This week's analysis for US30 is distinctly bullish, given its aggressive surge past the all-time highs (ATHs). I believe there's further upside potential, providing traders with opportunities to explore nearby long positions for potential gains. In the provided image, I've identified three potential demand zones where I'll be looking for an accumulation. Among...
US30 is about to complete yet another rally to take it up by 0.63% over 200 points. If you agree give me a like or a comment
The US30 has exhibited a strong upward movement, recently reaching a significant resistance level on both the daily and weekly charts. This video provides a detailed analysis of this trend, meticulously examining price movements and identifying possible trading opportunities by thoroughly assessing multiple timeframes, ranging from weekly to as short as 15...
Last week's price action exhibited significant ranging, mainly influenced by the proximity to all-time highs (ATHs). My current perspective is that US30 is actively generating liquidity, setting the stage for a bearish reaction once the daily supply is mitigated. This particular supply level holds substantial importance as it is the last on the chart, existing on...
Technical analysis for: Dow Jones( US30 ) 05 Dec 2023 Trend : Up Expected scenario : the technical analysis prices will keep moving up on long term but the the technical analysis saying that there is a correction to support level zone ( 35200 to 34600 ) which consider it as strong and good zone for buyers with targeting the highest historical prices at 37000 $ .
The price is on a ranging mode, as indicated in the chart and we will wait until the index shows an opportunity in trading. Meanwhile, my perspective as for now is that the price might fill in the imbalances caused by the bullish market earlier on and my target would be 35960
Well, the price has broken the resistance zone aggressively, and I anticipate that the price will continue with bearish momentum.
US30 has followed the anticipated trajectory, and I foresee it reaching all-time highs (ATHs) very soon. However, given the recent impulsive upward movement in price, a pullback is likely imminent. This presents an opportunity for us to capitalize on, considering the presence of an 8-hour demand zone where the price could retreat to, regaining bullish momentum for...
SPY weekly analysis is here. Hope you do understand the logics and if you have any doubts then please DM me. NOTE:DO NOT SHORT AS SPY WILL RETRACE
The index has been having a strong bull run for the past few weeks, and I am anticipating that the run will continue. According to the client sentiment analysis, it seems most traders are selling this index - 78%, and I am predicting that the price might move in their favor. My entry point is 35400, TP at 35700, and SL at 35250. My target R: R is 1:2 Note -...
Hi Traders ! The US30 Price Broke The Resistance Level (34850.00 - 35096.70). This Resistance Level Becomes a New Support Level. Currently, The Price Pull Back to Important Structure ! and Now it Will Continue its Bullish Movement ! ------------ TARGET: 35450.00🎯
My bias for US30 is bullish, hence why we are looking forward to the nearest buy opportunity which will be the 14hr demand below. This zone has caused a BOS to the upside meaning once a correction back down is complete, it will hopefully mitigate our POI where we will be able to enter buy positions. But we must wait for our lower time frame confirmations like...
Dow Jones Index is consolidating on a key daily horizontal resistance. Analysing an intraday price action, we can spot a horizontal range on a 4H. I would suggest waiting for a breakout of the support of the range - 4H candle close below 34760 - as a solid bearish confirmation. A bearish continuation will be expected at least to 34500 then. Bullish violation...
Here is my analysis for US30USD on H4 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!