D-US30
US30 HTF Analysis Nov 21st 2023It's been a while since I've done a US30 trades analysis & predictions but to get back into it we're gonna look from where I left off. Since August 2023 US30 has been in a steady downtrend till early October. This was a result of the FEDs not giving any clarity as to when rates would begin to decrease and other geo-political impacts. We then began to see some exhaustion on higher timeframes approaching previous lows of 33000. Feds then began holding rates steady, appealing to smart money and letting us know that rates may potentially decrease in the near future. Evidently, as a result of this and geo-political tensions between Israel and Palestine, since late October, we began to see buyers flooding into the market after a double-bottom rejection of key level 33000 on higher time frames. Price is now sitting just above key level 35000 and slightly under the previous highs of 35000. This indicates to us that we could begin to see this bull run slow down and potential sells but not before either a rejection of 35500 or a break below 35000. Otherwise, we can continue to look for buys to previous All-Time-Highs if we break and begin trading above 35500.
US30 general viewEnglish
For this index, I see how we are on a bullish rally (Christmas rally) which is about to break its last H(HIGH) and unless something happen with the FOMC on December, I wouldn`t expect to start a bearish movement. We are currently in a monthly OB which is the last H, if it breaks that H, we could expect higher prices and maybe break the ATH price, but we also have the possibility to go down, but in this point, it is up to the FOMC and all they say on December, let`s see how the price moves. By now, it looks better to buy and not to sell, it is more probable to happen.
*THIS IT NOT INVESTMENT RECOMMENDATION OR SOMETHING LIKE THAT, THIS IS ONLY FOR ANALYSIS AND EDUCATION PURPOSE*
Español
Para este ìndice, veo como estamos en pleno rally alcista (Rally navideño) el cual está cerca de romper su máximo anteriores y a menos que la FED comente algo en su reunión en diciembre que afecte al dolar, seguramente siga subiendo, no espero iniciar un movimiento a la baja.
Estamos en pleno OB mensual bajista, el cual puede servir de contenedor para que no suba, pero lo puede romper e incluso subir a su precio ATH y romperlo, vamos a ver cómo se mueve el mercado después de la reunión de la FED en diciembre. De momento, es más probable comprar y tener éxito que vender.
*ESTO NO ES RECOMENDACIÓN DE INVERSIÓN NI NADA QUE SE LE PAREZCA, ESTO ES SOLO PARA ANÁLISIS Y EDUCACIÓN*
Dow Jones Index (US30): Top-Down Analysis & Trading Plan
Dow Jones Index is consolidating on a key daily horizontal resistance.
Analysing an intraday price action, we can spot a horizontal range on a 4H.
I would suggest waiting for a breakout of the support of the range -
4H candle close below 34760 - as a solid bearish confirmation.
A bearish continuation will be expected at least to 34500 then.
Bullish violation of the resistance of the range will make the setup invalid.
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US30/USD Shorts down towards 34400.0 (possibly lower)From my US30 analysis we are currently approaching a key level of supply, even though we are very bullish the market requires a pull back in order to mitigate the inefficiencies left below, Hence why I am temporarily bearish this week. I see price reacting from the daily supply and dropping towards 34400.0 or even lower to more discounted zones in order for price to continue in its bullish trend upwards.
As of current price I would be waiting for a distribution to play out on the lower time frame and a clean CHOCH because we will be counter trend trading back down. As of my designated target, there is lots of imbalances as well as liquidity in the form of asian lows.
Confluences for US30 Shorts are as follows:
- Price about to tap into a daily supply zone that has caused a BOS to the downside.
- Current price has swept lots of liquidity (EQHs) and has taken out swing highs just below.
- Price is premium so it's ideal to sell from this daily supply zone that we are approaching.
- Lots of liquidity to the downside as well as imbalances that needs to get taken.
- Price has been moving bullish and requires a pull back if price wants to continue in uptrend.
- Price is slowly distributing before the mitigation of zone but pending a clean CHOCH.
P.S. we are at the top of this internal structure that has caused a huge break of structure to the downside in which price is more probable to react from. As we have entered a premium POI I would be looking at imminent sells soon as possible once my confluences are met.
US30 presents temporary sideways fluctuationHello everyone,The index price recently surrendered to the control of the sideways tilt, despite its repeated positioning within the axes of the ascending channel, to be affected by the strength of the additional barrier positioned at 35120. We note that it recently presented a weak sideways fluctuation by settling at 35000.
We would like to remind you of the importance of the stability of the support for the ascending channel extending towards 34910, so that this increases the chances of the price exceeding the previously mentioned barrier, and by achieving the required breakthrough, trading will extend directly towards 35255 and 35490. As for the price falling below the support and presenting it to a negative close, this will force it to activate the downward corrective path, so we expect it to incur many losses that may begin.
Resistance prices: 35254 & 35442 & 35699
Support prices: 34728 & 34469 & 34084
The general trend expected for today: bullish with stable support
US30 DJI on 20-11-2023 : BEARISH BIASEDUS30 Index can go Bullish if,
H1/H4 closing happens above 35000, it can move bullish upto 35150 level.
or it can go Bearish if,
H1/H4 closing happens below 34880, it can move bearish upto 34730 level
#️⃣ Trend expectations from 8:00AM to 12:30PM USA Time EST.
#️⃣ Trade with 1-2% risk only.
3rd time trying, what next? breakout?#US30.. market 3rd time reached at his resistance area,
2 times failed but this time it can behave different.
keep close the red area line and buy above that area. if market hold it now then further buying side expected.
if not then dtop expected only ,,
trade wisely
good luck
US 30 4H : UPTREND US30
New forecast
The index price rose and activated the positive path in Friday’s trading by rushing above the 34185 level, suggesting an upward trend during the coming period.
Therefore the uptrend scenario will be remain valid and effective supported by moving average 50 that is support the price towards rise so our target will be 34249 and stabilized above this line will support the price to reach 34432 , taking into account that stabilized under 34000 will put the price under sell pressure again , also it is possible to do a retest and then rise up .
The expect range trading for today it will be between the resistance line 34292 and support line 34000 until stabilized .
support line : 34185 , 34000
resistance line : 34292 , 34432
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US30 confirms the positivityHello everyone, Despite the weakness of recent trading in the index price and its fluctuation near 35050, its positioning within the axes of the ascending secondary channel shown in the attached drawing and the stability of the support represented by the level of 34728 confirms the positive continuity for the upcoming trading.
Currently, with the Stochastic indicator presenting positive momentum as it rushes towards the 80 levels, the price will be able to overcome the stable barrier at 35050, opening the door to reaching additional stations, which may start from 35245 and reach about 35442 in the medium-term trading.
Pivot Price: 35050
Resistance prices: 35254 & 35442 & 35699
Support prices: 34728 & 34469 & 34084
The general trend expected for today is bullish
US30 forecast, shortThe Dow Jones Industrial Average (DJIA), Dow Jones or the Dow for short tracks the performance of 30 of the biggest companies in the US including Boeing, Intel, and Dow. It’s often used as a barometer for the overall performance of the country’s equity markets. Historically it’s one of oldest and most followed indices. The chart is a useful measure of US economic health. Follow the Dow Jones live with the real-time chart and view the latest Dow forecasts, news and analysis. Key pivot points and support and resistance will help you trade the Dow Jones today and into the future
US30: Anticipating Retracement to 34,300 SupportThe US30 has been on a remarkable bullish streak, surging toward monthly resistance levels. As historical data suggests, these levels often trigger retracements.
With the current bullish momentum showing signs of exhaustion, a retracement to the key support level at 34,300 appears likely.
Monthly resistance has been consistently hit, signaling a potential reversal.
This analysis is based on historical price action, technical indicators, and personal interpretation. Always conduct thorough research before making trading decisions.
US30 - Short SignalThe 35,000 handle has become a focal point, laden with significant psychological implications. Anticipating potential rejections in this territory, though the extent of their impact remains uncertain. Nevertheless, the exploration of this scenario is deemed valuable, given the considerable corrective movements stemming from last week's market fluctuations and the imminent Consumer Price Index (CPI) release later this week.
DOW JONES: The top is close. Pullback expected.Dow Jones is unfolding the second rally sequence of the 1 year Channel Up and has reached today the 0.786 Fibonacci level of July's High. The 1D technical outlook is about to turn overbought (RSI = 68.650, MACD = 236.580, ADX = 32.415) and as the rally approaches the R1 level (35,100) as well as being almost on the +9.05% range from the bottom, we are looking towards a late April peak formation and pullback.
The pullback is expected to be at a -2.75% minimum, like June 23rd that reached the 1D MA50. Sell, TP = 34,300.
See how our prior idea has worked:
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