DJIA H4 | Potential bullish reversalDJIA (US30) is falling towards a swing-low support and could potentially bounce off this level to climb higher.
Buy entry is at 42,779.36 which is a swing-low support that aligns with the 38.2% Fibonacci retracement level.
Stop loss is at 42,320.30 which is a level that lies underneath an overlap support and the 23.6% and 61.8% Fibonacci retracement levels.
Take profit is at 43,369.56 which is a swing-high resistance at the all-time high.
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D-US30
US30: Seize the Opportunity - Buy Signal Active!US30: Seize this buying opportunity on the US30, as market conditions indicate a potential upward trend. The US30 is currently in a reversal phase, making it an ideal time to enter the market. Pay close attention to technical signals and indicators, as the US30 could soon experience a strong rise. Don't miss this buying opportunity on the US30 to maximize your gains.
DOW JONES 1hour Channel Up on its bottom. Buy.Dow Jones / US30 is trading inside a Channel Up and the price hit its bottom today.
By doing so it almost tested the 1hour MA200, which is holding since October 9th.
Also it completed a decline identical in % terms with the first one of the pattern.
This is a strong buy opportunity. Buy and target 43,450 (top of the Channel Up).
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GOLD SHORT TO $2,540 (1H TF)As you've seen on the update, Gold has or is close to completion of Wave 5 (Wave V) of its bullish structure. Waiting for a minor shift in price action to indicate a bear trend is about to start, but I’m looking to short the market now.
⭕️5 Wave Bullish Move Complete.
⭕️Overbought Market Conditions.
⭕️DXY (Dollar Index) Bullish.
US30 (Dow Jones) Weekly Analysis Alert!🚨 US30 (Dow Jones) Weekly Analysis Alert! 🚨
📊 Resistance Zone: 43,500 - 44,000
📉 Reversal Point: 43,300
🎯 Target: 40,300
US30 is showing signs of a **potential fake breakout** near the 43,500 - 44,000 resistance level. A rejection here could lead to a **downward move**, with the next target around 40,300. Watch closely for a reversal near 43,300!
⏳ Keep your eyes on the RSI and momentum indicators for confirmation! This could be a **great shorting opportunity** if the price reverses.
#Trading #US30 #DowJones #StockMarket #TechnicalAnalysis #TradingOpportunities #TraderLife #StockMarketAnalysis #MarketTrends #InvestSmart
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NASDAQ - It's Not All Doom And Gloom...NASDAQ 2WEEK CHART
Red EMA = Weekly 50EMA
Blue EMA = Monthly 50EMA
Nasdaq is on a steady incline but with all good things, it must end... kinda. Every so often we get a big correction. The last time we got a correction was in early 2022 where we saw a drop of 38%! After the corrective period ended, we saw a climb of over 100%.
It is likely that we'll see a similar corrective period soon.
We have the Weekly EMA holding up price, which has been respected really well. We can use that as confirmation to tell us when the corrective period has started.
We also have the monthly EMA which we can use to gauge where we'll bounce off from. We could see another 30%-40% drop for the next correction, which will lead us nicely to the monthly EMA where we have seen a bounce previously.
We're still expecting price to move a little higher so we'll be keeping a close eye on this.
As to what will cause this correction is yet to be determined. Various fundamental factors can play a part such as War, Recession, Inflation etc.
If interested in receiving updates for this analysis, do drop a comment and we'll be sure to keep this updated!
Goodluck and as always, trade safe!
Strong Buy Opportunity on GBP/JPY – Ready to Trade?Exciting trading opportunity on GBP/JPY! If the daily candle closes above the green rectangle, it's a clear buy signal. The stop loss will be placed below the red rectangle, with take profit set at the blue rectangle.
Do you have questions or need analysis on any financial asset? Feel free to reach out to me in private for a comprehensive and tailored analysis!
Bitcoin Buy Opportunity After Strong Confirmation Signal!We are watching for an excellent buy opportunity on Bitcoin! If the daily candle closes above the green rectangle, this will be a clear signal to enter a buy trade. The stop loss will be placed below the red rectangle, with take profit set at the blue rectangle.
Stay tuned for more updates, and if you need a personalized analysis on any financial asset, feel free to contact me in private!
"US30 Powers Ahead, Unstoppable in Its Bullish Climb""US30 Accelerates in a Well-Defined Bullish Movement: Breaking Barriers and Eyeing New Heights
Following an impressive breakout from the consolidative triangle pattern near the 42,300 mark, the US30 has embarked on a robust and sustained bullish journey, capturing the attention of market participants. This pivotal breakout served as the ignition point for a powerful upward momentum that continues to strengthen with each passing day, reflecting a broader confidence in economic resilience and corporate earnings.
One of the critical areas that traders and analysts had their eyes on was the strong resistance zone around 42,600. This level was not just any ordinary resistance—it was a psychological barrier, aligning closely with the all-time high price for the index. The significance of this level cannot be overstated; it represents a critical test of market sentiment and resilience. As expected, US30 encountered some friction as it approached this level, with price action initially stalling, indicating the presence of considerable selling pressure.
However, once the index successfully breached the 42,600 threshold, the bullish narrative took on an even more compelling dimension. The breakthrough above this resistance zone signaled a shift in market dynamics, with bulls gaining greater control and propelling the index higher. What’s particularly notable about this rally is the methodical nature of the price movement—US30 has been climbing steadily, with no sharp corrections or erratic volatility, indicating strong market support and a solid base for further gains.
As the price ascends beyond the 42,600 region, all eyes are now on the next key level: 43,180. A decisive move above this level could act as the next catalyst for an even steeper bullish ascent, potentially opening the door for the index to explore uncharted territory and set fresh record highs. Traders are closely monitoring this zone, as a breakout above 43,180 would likely signal another round of intensified buying pressure and solidify US30's position in a long-term uptrend.
In summary, US30 is exhibiting a textbook bullish movement, characterized by its breakout from a major technical pattern, the overcoming of a key resistance level, and a slow yet consistent rise in price. With the market sentiment favoring continued gains, any sustained move above 43,180 could lead to even greater bullish potential, pushing the index into new heights previously thought unattainable. As market participants remain on high alert for further developments, it’s clear that US30's current momentum shows no signs of slowing down anytime soon."
US30 (H1)The Dow Jones index was able to close the week with great positivity.
Therefore, we are looking forward to buying from levels 42905 in case we get confirmation of price action from this level with a stop loss of an hourly candle below 42736 with a first target at levels 43308, 43500 and 43688.
Second scenario: If the Dow Jones index corrects deeply without price action signals that support the rise, we look forward to buying the second, which is the strongest, at levels 42594 and stopping at levels 42368 and holding below it for an hourly candle.
With targets at levels 43174, 43306 and 43500
NASDAQ INDEX (US100): More Growth is Coming Next Week
US100 nicely respected a recently broken horizontal structure resistance.
The price formed an inverted head and shoulders pattern on that and bounced.
I think that the Index will continue growing next week.
Next resistance - 20460
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US30 volatility during the presidential election nightI just found something interesting to share with you. The events that happened on Election Day, November 8, 2016, and in the early hours of the day after were so significant. The group that dumped and pumped assets during that time also bought the COVID crash lows, when everyone thought the world was ending, and then defended their positions. Wow, I mean, who is this group? Just be careful. Even if Trump wins big, I think the volatility will be intense, especially for Bitcoin. I believe it will hit a new all-time high (ATH) and then dump hard.
US30_reversal-only-at-43750so looking at US30, from a zoom'd out view, and where price came from i will onloy start to look at proper pull back below 43 750
this is my analysis of the reversal / pull back level for US30, coming towards the end of Oct / last week of Oct, right in time of the US elections, first week in Nov
Lets see how this play
US30 Great Long ROI TRADE: Must See Good Morning, Trading Family
I wanted to point out a great trading opportunity with some solid ROI potential. US30 held that 43,078 level like a champ, and now it’s making a push toward the 43,468 zone. If we can break through that resistance, the next logical stop is up at 43,605. It’s looking like the bulls have the upper hand right now, and if you catch this move, there’s a sweet reward on the table.
What I really like about this setup is the risk feels pretty manageable. We’re sitting near the lower part of the channel, so if it goes sideways, you’re not too exposed. But if it does what it looks like it’s ready to do, there’s some solid upside waiting. These are the kind of setups I love — clean structure, clear targets, and room for a smooth move.
Right now, it’s all about watching how it reacts around 43,468. If we break that level with volume, the path toward 43,605 becomes a lot clearer. That’s the spot where I'd start scaling out some profits, but if momentum keeps rolling, there could be even more on the horizon.
If this helps you out, make sure to follow, boost, and share with anyone else who could use it. Let’s grow this trading community together and keep finding setups with that sweet risk-to-reward edge. Stay sharp and trade smart, family.
Mindbloome Trader
US30 Near Resistance Zone: Bullish Breakout or Pullback Ahead?
The price has recently reached its all-time high (ATH) and is currently testing the resistance zone near 43,250.
If the price breaks above this resistance zone, it could potentially continue towards higher levels, with the next resistance around 43,750.
However, if the price fails to break this resistance, a pullback is likely, with support at 43,025 and 42,818.
Best Direction:
The best direction will depend on how the price behaves around the resistance zone:
Bullish: If it breaks and closes above 43,250, this suggests a continued upward trend.
Bearish: If it fails to break above this resistance and reverses, look for a pullback towards the support levels at 43,025 and 42,818.
Key Levels:
Pivot Point: 43250
Resistance Levels: 43450, 43650, 43870
Support Levels: 43025, 42820, 42450
Trend Outlook:
Bearish By stability below 43025
Bullish by stability above 43250
US30 / UNDER Q3 EARNING , AFTER BREAKOUT THE CHANNEL / 4HUS30 / 4H TIME FRAME
HELLO TRADERS
The chart mentions a breakout from a price channel followed by the publication of Q3 earnings, suggesting that these two events contributed to the rise in the US30’s price, reaching a new all-time high (ATH) of 43,323.
It notes that prices are currently trading below the ATH, implying a potential pullback or correction.
The analysis identifies a demand zone between 42,877 and 43,649. The text suggests that if prices stabilize within this zone, there is potential for a bullish reversal, with prices possibly rising back to the ATH and even reaching new historical peaks between 43,620 and 44,005.
For a bearish scenario to play out, the text suggests that prices would need to break below a Fair Value Gap (FVG) between 42,404 and 42,238. Breaking this level could confirm a downtrend.
Despite the potential for a pullback, the overall tone of the analysis is bullish, as prices are said to be under upward pressure after breaking out of the channel.
ATH : 43323
Demand Zone : 42,877 and 43,649.
FVG : 42,404 and 42,238.
US30 sell opportunityAt US30 Empire, we believe the US30 (Dow Jones) is primed for a drop based on several key technical indicators. Here’s why:
1. Stochastic Oscillator in Overbought Territory: The stochastic oscillator, a momentum indicator, is signaling that US30 is in an overbought zone. This suggests that the index may have risen too far, too fast, and is due for a correction. Historically, when the stochastic hits these levels, we see a pullback in price.
2. Trend Lines Indicate Resistance: Our trend lines, drawn from key highs and lows, show that the US30 is approaching a major resistance level. This resistance aligns with the index being at its highest price ever. Typically, markets struggle to break through strong resistance without a significant retracement first.
3. Pivot Points Signaling Reversal: Based on pivot point analysis, the US30 is sitting at a major pivot level. This level often acts as a turning point in price movement, and combined with other indicators, it suggests the potential for a reversal.
4. Support and Resistance Levels: The US30 is currently testing long-standing resistance levels. As price fails to break through, this creates a barrier that historically leads to a downside correction. These resistance levels, matched with the overbought stochastic, signal that sellers may soon take control.
Overall, the combination of overbought stochastic levels, trend line resistance, pivot points, and price reaching historical highs makes a compelling case for the US30 to drop from here.
US30 Will Fall! Sell!
Take a look at our analysis for US30.
Time Frame: 9h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a significant resistance area 43,093.6.
Due to the fact that we see a positive bearish reaction from the underlined area, I strongly believe that sellers will manage to push the price all the way down to 42,352.4 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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DOW30/US30 - SWING TRADE ONLYTeam, with the DOW/US30, we are doing swing trade.
With swing trade, we require to leave room for stop loss, so our target is also big as well
We prefer to enter SHORT at 43069-43085
STOP loss can be TIGHT at 42115 or SWING STOP LOSS at 43215
Target at 42815-45
then Target at 42410-56
PLEASE NOTE: With the swing trade, we could hold the trade for a few days until the target is reached. If we lucky we can get the target hit within the same day demand on how the market react due to data.