According to the downward trend of the Dow Jones, we are still waiting for correction from the specified point
Considering the reaction of the index in the support range, it is expected that the upward trend will advance to the resistance range and even the resistance levels. After the possible upward wave, the continuation of the downward trend is expected
Nasdaq/US30 is always up to us to know where it is about to go, and now see.... Now we taking buys to the PSTG 1 AND 2 Which now fit
Pair : US30 Dow Jones Description : Double Top in Short Time Frame Completed " 12345 " Impulsive Waves Fibonacci Level - 261.2% RSI - Divergence Bullish Channel as an Corrective Pattern in Short Time Frame and Rejection from Upper Trend Line
Bullish indications: Resistance broken at 38227 Inverted head and shoulder pattern broken. trend line resistance broken. Made a new high possible change of trend. Bullish divergence in 4 hr time frame. Trade plan bias long @ 38247 SL:37953 TP1:38550 TP2:38826
Today i forgot to publish the information on US30 as you can see re-entry levels are already:
US30 - LONG us30 looks like gonna go up to any of the red line and if we get any sell setup we we can sell again, this week im expecting up move. risk small and use Stop Lost.
DOW JONES 30 │ US30 │ WEEKLY OUTLOOK Daily-timeframe Much like the four-hour timeframe, this timeframe is bearish and tapped into a strong demand. It may reach higher into the supply zone above current price. However do not be fooled into buying, the wick is left behind is too enticing for stop/sell orders the market would definitely like to reach below that area...
DJI Dow Jones Index, Expecting good Upside. DJI took support from demand zone. made strong pin bar on daily candle. Shall move up from here untill this zone is not broken. Expecting targets of 38500, 39000, 39500, 40000+ View for education only.
I'm placing my order at this liquidity grab region where the buyers at some point stepped in but lost the fight. Up there could you could find trapped traders and more sellers interested to sell at that level again.
Bearish 15min range POIs marked out, tapped into daily bullish OB,
Rounded Bottom or Cup & handle Bullish pattern formation Higher High Higher Low swings RSI > 60 Target 1 = 38750 Target 2 = 39050
Monthly and weekly trends are bullish Price is breaking out H4 cloud
On Friday the US indices closed mixed with the Dow Jones up +0.56%, and Nasdaq and S&P500 up -2.05% and -0.88% respectively. This is a result of their lower exposure to BigTech, the dangers of inflation on the dollar and US consumer price data their favorite inflation indicator. This week we have as key data releases from the Tech sector that will emerge this week...
Bullish range , possible entries to scalp, anticipating price to move in premium on HTF
due to on going conflict and certain a.i running things to the upside for me on us30
Previous Analysis: US30 demonstrates very strong price rejection with "BEARISH" price action candles developed in the previously mentioned price range between $38,050 - $37,900. Price appears to be in an "ACCUMULATION phase", low-key consolidation but a wider range of price movement or fluctuation. Its following this phase in market movement we can begin to...
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...