Long DowI think its fair to assume that it is a good time to try to buy into DOW given the declineLongby ScienceBasedTradingUpdated 6
US30 Will Grow! Long! Please, check our technical outlook for US30. Time Frame: 1D Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is trading around a solid horizontal structure 38,715.0. The above observations make me that the market will inevitably achieve 39,991.0 level. P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like and subscribe and comment my ideas if you enjoy them!Longby SignalProvider116
US30US30 is looking in Bearish Trend as it is printing HH and HL Order type : Buy stop Entry : 38574.62 SL : 38233.57 TP1 : 39456.99Longby SohailChaudhary6
US30 possible long for 38970accumulation phase around 38150-38800 in 1 hour time frame. demand zone for long 38150-38080, stop loss: 37990, target: 39970Longby PyramidFx5
US30 longMonthly; We had a monthly candlestick closure that is very indecisive and we cannot tell if price is headed upwards or downwards Weekly; The previous week's candlestick closed above 38,500 which is a major liquidity region The next major region is 39,100 (which is also the daily region) There is also a head and shoulders formation which indicates that price is headed upwards Daily; From a daily perspective, I expect price to continue going upwards. However, there is a chance of seeing a retest of 38620, which is a major region of support. Price may test 38620 before going upwards so as to collect orders. Since there is no sign of retracement, I just have to sit on my hands and wait. 4 hour; 38,715 is such a massive region where orders are collected. For now I am sitting on my hands as I wait for price to fully show me what is happening.Longby kingmwenja5
US30 BULLISH CONFIRMATION!!The bullish strength formerly develop is currently active as price trades at $38,153 level. A buy opportunity is envisaged from the current market price . Target is 38,491Longby Cartela5
US30 STRONGER Price has has hit tp and still maintain some bullish strength . Buy more Longby Cartela5
DJI Double TopI don't use Fibs but was curious if the lines I had drawn will show up and they do nearly perfectly. I don't use fibs, I use my eyes, and well, maybe I'll look at fibs more as they detected/predicted the same levels. I shorted DJI under 40k thursday pre-market and held the short to 39k Looking at DJI as it has no NVDA in it. Here is your double top. Cool CPI gave us a rally, now we're seeing the stagflation symptoms again. Don't think we'll see a third bounce off of the highs around 40k I believe 40k is long gone. S&P and Nasdaq are harder to read because of NVDA. My read is fundamentals first, chart second. There is an explanation for the moves.Shortby decklyndubsUpdated 7
Good analysis and advice may make you moneyHello, guys The increase in the Dow Jones index due to the increase in profits from the income of companies By examining the trend in the four-hour time frame, the Dow Jones index, having an important support interval in the range of 38,322-38,088, can increase to the previous ceiling resistance in the range of 40,079, in the meantime, the 61.8% Fibo resistance will be seen at 39,289.by Frederic-FUpdated 5
US30 Market Shift: Bullish Targets and Key Liquidity ZonesGreetings, Traders! Brief Description🖊️: Currently, US30 has presented a market structure shift (MSS). Before this shift, we observed the price taking H1 sell stops, indicating that smart money has paired orders. This MSS suggests the potential for bullish institutional order flow. The price has since pulled back into an M15 bullish order block. Things I Have Seen👀: Market Structure Shift🔄: The price has shifted, signaling potential bullish institutional order flow. Order Block Support📈: The price has pulled back into an M15 bullish order block. Liquidity Void🕳️: Yesterday's price action left a significant inefficiency (liquidity void). Today's trading will aim to fill this inefficiency, with the draw on liquidity targeting the last point of efficiency, the H1 bearish order block. Bullish Targets📉: H1 Bearish Order Block: The primary target for filling the liquidity void. What's Important Now❗ We need to observe today's price action to see if it fills the inefficiency and reaches the H1 bearish order block. Best Regards, The_ArchitectLongby The_Archi-tect5
US30 (Toward Support Zone...)US30 Technical Analysis The price dropped from the pivot line at 39,050, as we noted at the beginning of the week. It is currently heading towards 38,500 and 38,400. If the price stabilizes below this support zone, the bearish trend is expected to continue towards 38,020 and 37,820 for the week. Today, the price is anticipated to consolidate between 38,500 and 38,790 until a breakout occurs. A bullish scenario will be activated if the price breaks above 38,790, targeting 39,050. Pivot Line: 38,675 Resistance Levels: 38,790, 39,050, 39,350 Support Levels: 38,410, 38,020, 37,820 Today's expected movement range is between the support level at 38,400 and the resistance level at 38,790. Previous idea: Shortby SroshMayiUpdated 5
Dow Jones (US30) LONG worth a risk ?After big dump over last days that was overextended after yesterday's Saleforce earnings, the DOW finally is in the demand zone worth a risk. On smaller timeframes we can see some demand building with Change of character and breaks of structure. I opened long with a potential for a return to 39700 based on the new GDP data released, that is favoring interest rate cuts. Stay safe and good luck :)Longby eZ_Real5
US30 Long BiasHello traders! Hope you are all well. I have my eyes set on this long position on the Dow. As you can see there are 2 solid demand zones. 3 options we have here: 1 - Combine both demand zones and increase risk on the position accordingly. 2 - Take the first trade from the higher zone, and if it breaks, buy the bottom demand zone. 3 - risk missing the first trade and wait for the bottom demand zone. I will personally go with option number 2. A new all time high is expected! Let's see! I am entering the trade the moment price hits the demand zone. But, trade safe! ;) Until next time!ULongby NeddFx13Updated 5
US30 SELL NOW!!!!!!!!!!!US30 have been dropping from my first entry for over 5000pips now am seeing to take another entry from 38200 with tp 37694 am taking an entry from that zone because thats the retracement zone using fvg confirmations..Shortby CAPTAINFX24
US30 Trading Plan - 02/Jun/2024Hello Traders, Hope you all are doing good!! I expect US30 to go Up after finishing the correction. Currently US30 has given a nice impulse showing us that buyers are interested to enter the market for pushing US30 upside. Plan to Trade: If market starts to correct from current levels without going further to 39k level, then any correction towards highlighted zone will be a potential BUY. The first target level to look for reaction will be 39k & if it corrects here then the next target will be around 39.5k level. If market keeps on pushing towards 39k level before start to correct, then any correction to highlighted zone will be a potential BUY. In this case the target will be 39.5k level. Look for your BUY entry setups as per the above expectations. Your follow and like will be a token of appreciation. Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management. Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.ULongby For3xScalper5
DOW in H4 chart Hello I have published my idea about DOW in an another chart and that's following our forecasts step by step, but I have decided to show you a little more detailed chart in EW aspect. This is a simple model of Elliott counting that happens so common but there are some good points that's worth to be mentioned. 1. Alternation between (A) and (B) is "pattern". 2. The reactions to the cannel's midline can make it more valid. 3. almost always MACD and RSI tell you the truth but if you have an standard set up 4. be aware of fake weak shadows 5. ? There is a unique analytical structure that can happen very rarely and it is mentioned in the chart; could you tell me what it is!!!!! For trading set up: you have to wait till trend meet the confirmation or invalidation levels. Thanks Shortby AMA_FXUpdated 5
DOW JONES 4h. - Technical analysisMY ANALYSIS The bearish trend is currently very strong for DOW JONES - MINI DJ30 FULL0624. As long as the price remains below the resistance at 39,463 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 38,537 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 37,991 USD as an objective. Crossing it would then enable sellers to target 36,795 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend. MY OPINION BEARISH UNDER 39,463 USD MY TARGETS 38,537 USD (-1.56%) 37,991 USD (-2.95%)Shortby abouelUpdated 4
US 30 Summer Rally Trade PlanAh, the sweet smell of summer! 🌞 While everyone else is hitting the beach, we're hitting the charts. The US 30 has dipped into a Daily and H4 Demand zone, teasing us with a lovely ChocH on the H2 Time frame. 📉 But don't fret! The low of 37,699.8 is our rock-solid structural low. If it gets taken out, we might have to rethink things, but for now, it's looking like a prime time for a summer rally! 🌴 Plan A: The Summer Sizzle ☀️ Buy from 38,187.5 and target 39,000! 🏁 We're betting on the sunny side of the street. If the price hits 38,187.5, we're jumping in with both feet and riding that wave all the way to 39,000. 🏄♂️ Plan B: The Backup Plan 📝 If the price doesn't cooperate and our buy limit doesn't trigger, we'll hang tight. Wait for a break in structure at this point, and we'll update our trade plan accordingly. Flexibility is key! 🧘♂️ Ultimately, we're looking to build on longs here to take out the highs. 📈 The Short Game: Not Just Yet! ⏳ Shorts on the US 30? We'll pass for now. 😅 Indexes aren't our favorite thing to short, especially with the summer vibes in the air. We're holding off until November. After this upside move, we'll get in long for the Santa Claus Rally. 🎅 So, pack your trading gear and let's make this summer one to remember! 🌞📊 Longby Mike_SnD4
US30 (Technical and Geopolitical Weekly Analysis)Technical and Geopolitical Analysis: The previous weekly chart indicated a strong upward movement, but the market is now poised to react to geopolitical pressures, particularly the tensions between China and Taiwan, expected to intensify this week and continue into next month. Technical Analysis: Bullish Scenario: If the price stabilizes above 38,700, it is likely to move between 38,700 and 40,050. Any sustained stability above 40,005 will signal a continuation of the bullish trend, potentially reaching 40,970. A retest at 40,005 could occur before the bullish trend resumes. Bearish Scenario: The bearish trend will be confirmed if the price closes below 38,700 on at least the daily chart, targeting 37,990. The next significant support level is 36,460, which is strong support for this year. Key Levels: Pivot Line: 38,700 Resistance Prices: 39,500, 40,005, 40,970 Support Prices: 38,300, 37,990, 36,460 The expected trading range will be between the support at 37,990 and the resistance at 40,050.Shortby SroshMayiUpdated 15
US30 - 15m Buy OpportunityThe recent price action in the Dow Jones (US30) shows a potential buying opportunity after a significant drop. To manage risk effectively, it's essential to make this buy position risk-free by moving the stop-loss to breakeven or into profit. This approach ensures that even if the market reverses, you will not incur a loss on this trade. With the current setup, wait for price action signals to confirm the next movement towards the target levels. Watch for bullish signs such as higher highs and higher lows, or bullish candlestick patterns that indicate continued upward momentum. By doing so, you can maximize profits while minimizing risks.Longby Sober_Trading7
Today's analysis and strategies will help youHello traders 1. US30 on support level. 2. Chances are high for long from this level. 3. once its broken below short we can expect a short un till its long. Daily sharing of reliable signals and advice can help you, follow me if neededby Trade-reaperUpdated 3
US30 BUY WITH LIMIT!!!!!!!!!Last week us30 took out the buy side liquidity and price is making a retracement back into the discount zone for another rally on buys am going in at that zone area with tp 40,099 JOIN AND ENJOYLongby CAPTAINFX24
DJ30 FORECASTThe forecast for the Dow Jones 30 is now leaning towards a bearish trend. Prices are expected to fluctuate between 40050 and 39564. However, if the 4h candle closes below the pivot line at 39,564, the bearish pressure is likely to continue, potentially driving prices down to 39400 and 38825. Key Levels: Bullish Line: 39825, 40050, 40285, 40500 Pivot Line: 39564 Bearish Line: 39400, 39075, 38825, 38445Shortby RojBarwariUpdated 5