Previous Analysis: US30 is BEARISH. With US30 performing a text-book Break and re-test of the area of price structure ranging between $38,050 - $37,900. Its at the area of price structure that the Market has to demonstrate price rejection to continue my "BEARISH" bias. Current Analysis: US30 demonstrates very strong price rejection with "BEARISH" price action...
I think the Dow entered a downtrend, which turned its high into a short position. The price is likely to correct to 38800 and from there continue its downward trend until it reaches the important support of 35,000.
When it hits the floor and starts an upward wave it may rise to the ceiling and then fall, from my analysis I see a short selling to collect the order and form a lower low. There we see a long post forming a new lower high as we have changed the nature of the market. The non-farm payrolls data could be the deciding factor in whether we continue this week's bear...
Price has fallen into key daily support, and 76 fib zone, formed double bottom on lower tf, yesterdays daily candle closed bullish indicating seller exhaustion.
V1 - Price has been consolidating between these zones for the past two days! Trade only at these zones when price provides PA confirmation for a buy (support) or sell (Resistance).
AMEX:DJIA break below 39000 opened a new bearish wave cycles near-term and possibly long-term
Dow. Will be bullish above 37926 Target 1 38092 Target 2 38149 Target 3. 38203 And you can take sell attempt near to 38203 with small sl 40 point
Hello everyone, Dow Jones 4H NEW FORECAST Index price analysis The index price lost positive momentum as a result of the Stochastic indicator’s attempt to exit the oversold level. The price remains above 37710, which constitutes additional support. Predictions for index trading The price was affected by a state of instability, with trading restricted between...
New Forecast The Dow Jones is approaching a resistance level at 38065. Should it surpass this threshold, the bullish trend is expected to continue till 38385. However, if the price stabilizes below 38065, it is likely to retreat towards 37790. A breach of this level would further reinforce a bearish trajectory, potentially leading the index down to 37630. Pivot...
The Dow Jones symbol has entered a downward trend, which has moved its highs into a short position. It is likely that the price will correct up to 38800 and continue its downward trend from there until it reaches the important support of 35000.
CHECK OUT MY BIO.... Knowledge Required to nail OANDA:US30USD 1, Good understanding of price Trend/directions 2, Absolute respect for Supports and Resistances 3, Knowledge of candle stick patterns 4, Discipline to use partial TP, SL 5, Discipline to wait for confirmations and only act when required See the video for more.
The Dow Jones Industrial Average, a bellwether index reflecting market sentiment and economic outlook, experienced a notable shift in dynamics following remarks by Federal Reserve Chair Jerome Powell. After a previous push-down impulse triggered by Powell's speech yesterday, the index exhibited a remarkable recovery during the Asian session, opening the new...
US30 We saw some nice rejections from this 38,000 region yesterday, hoping for the same type of play, we rejected very close to that 38,000 price. Pushing a high on the retest of just 38,030. Still bullish for the dollar and therefore looking for US30 and US100 to pull south until sentiment changes. Order details as detailed below. Plenty more mileage beyond...
The recent bearish wave is expected to end at the current support range and the start of an uptrend is likely. Then, according to the behavior of the price in the resistance range, the continuation of the movement process will be determined
Dear colleagues, I believe that wave "4" is not yet completed. To complete it, it is necessary to complete the double zig-zag. I expect that the movement "c" will end in the area of 37350, then I expect growth and the beginning of wave "5" with the goal to reach at least the resistance area of 38458. Be careful, perhaps wave "c" will be a bit shorter and it will...
US30 have been moving downtrend creating new lows due to the gap we have that haven't been filled from the sell side liquidity now the price just got rejected from the previous lower high am taking a short from this zone targeting 4000pios join and enjoy
Analysis: Currently, US30 is BEARISH. With US30 performing a text-book Break and re-test of the area of price structure ranging between $38,050 - $37,900. Its at the area of price structure that the Market has to demonstrate price rejection to continue my "BEARISH" bias. Enter accordingly: SL Stop: 1% Entry: TP Take Profit: 3%