📈 US30 Market Update: Bullish Breakout and Upward Trajectory! 🚀 CAPITALCOM:US30 Exciting developments in the US30 as we witness a significant breakout from the previous downtrend, moving past key resistance zones and gearing up for further upward movement. Here's a comprehensive analysis of the current market situation and the opportunities it presents: ...
Markets have topped out after months of belief that the Fed would drop rates. The Fed will NOT drop rates until the economy is in recession and the markets collapsing...that is how they function. An initial selloff into mid April has been met with a weak bounce so far, this is your prime moment to load your shorts and prepare now for the mother of all bear...
Hi Traders ! On The Daily Time Frame: The US30 Reached a Strong Support Level (37264.94 - 37022.32). The Price Formed a Double Bottom Pattern. At The Moment, The Neckline is Broken ! So, I Expect a Bullish Move 📈 _________ TARGET: 38915.00🎯
📈 Dow Jones Rollercoaster Update! 🎢 Hey traders! 🚀 Exciting news from the Dow Jones Industrial Average! 🌟 After a wild ride down from its all-time high, we're seeing some serious action! 🎉 📉 First off, we've been on a downward trend for a while now, but guess what? 🤔 There's a new sheriff in town! 🤠 The daily chart is showing us a flashy double bottom pattern. 🔄...
📉 Dow Jones Update: Bullish Breakout Signals Potential Recovery! 📈 Hey traders! 🌟 Big news from the Dow Jones market! 📉 After a prolonged correction from its all-time high, we're seeing some serious action! 🚀 🔄 On the 3-hour chart, the Dow Jones has formed a massive double bottom pattern. 📊 This is a classic sign of a potential trend reversal, folks! 💥 🐂 And...
The Dow Jones Industrial Average has recently surpassed the 39273 level, breaching the 61.8% Fibonacci retracement threshold, yet remaining below the 78.6% mark. Currently, the price has encountered a Bearish Order Block in a higher timeframe, suggesting the potential for a reversal, particularly given the overbought conditions signaled by both the stochastic...
I have somewhat a love/hate relationship with head and shoulders. Gotta love them for the epic and highly forecastable reversal trades they produce. However, they're low win rate. About 1/3 in work. Easy to get false signals on the others because the HS is such an obvious pattern. If this turns out to be one of the successful ones, a mighty dump in the DJI is...
The Dow Jones Industrial Average has recently attained a critical juncture, reaching the 61.8% Fibonacci retracement level. This significant milestone is augmented by the convergence of several key technical factors, notably including the Point of Control (POC) volume and divergence signals observed across various indicators. The confluence of these technical...
The US30, also known as the Dow Jones Industrial Average (DJIA), is displaying strong bullish signals, indicating a potential uptrend in its price movement. This bullish sentiment is supported by various technical indicators and market dynamics. Based on the analysis, there is a compelling case for entering a buy position in the US30 index. Traders may consider...
Dow Jones (DJI) broke on Friday above its 1D MA50 (blue trend-line) for the first time since April 10 and even though it failed to close above it, today has already established the price action above it. This is a strong first bullish signal but isn't enough by itself. Even though the 1D RSI has already turned its MA from Resistance to Support, we need to see a...
The price is falling toward a support level, which is an overlap support that aligns with the 23.6% Fibonacci retracement, and could potentially bounce from this level to our take profit target. Entry: 38582.81 Why we like it: There is an overlap support level which lines up with the 23.6% Fibonacci retracement. Stop loss: 38178.37 Why we like it: There is a...
The price action has aligned precisely with our previous projection, successfully achieving our designated target. Currently, the price is oscillating between 39075 and 38820. There is a potential for the price to initially touch 38820. It is critical to monitor the closing of either a 4-hour or 1-hour candle below this level, as such a closure would indicate a...
If price breaks above the current 30 mins bar high, we may see a massive pump on this pair. Hopefully NYSE volume would play an important role here. Warning: trading derivative could result to loss of your capital, kindly apply caution and use only the money you can afford to lose. You are advised to apply proper risk management while trading...
Bearish idea l us30 . There are strong sellers according to the analysis I think we will see new lows after this pull back
📊 According to the strong downward momentum of the price movement and selling pressure in the market, if the range of 38800 units is broken downwards and the price stabilizes below it, the price may fall to the range of 38650 units🎯 and in case of the strength of the range of 38500 units🎯🎯. 📊 Otherwise, the possibility of price increase up to the range of 39,000 units.
Dow Jones formed a huge double bottom pattern on a daily, after a quite extended correctional movement from all-time high. The price turned very bullish on Friday and broke a solid horizontal resistance. The market may start recovering now. Target - 39000 ❤️Please, support my work with like, thank you!❤️
On the chart, I listed the retracement line and the next target if the market wants to move higher. It is possible to short 39400 on a 200-300 move The current trend is bullish
market just reacted from a monthly area of demand. we have daily confirmation. now a 4h entry opportunity is available if we can get a retrace my back to entry before valid hitting weekly or daily supply