Dirty30
US30 - ready to sellOverall :
The dirty 30 is creating a nice pull back to previous resistance. PAY CLOSE attention to the price level 32900.
If price can remain under 33000... watch the market will drop.
***New month means new wicks. Watch the monthly close***
The fake out
Bulls could easily push the market above 33000. YES but careful! there is no solid bullish momentum.
Time will tell... This is just my thoughts.
DOW30 FAKE OUT COMINGA high confluence set up for us30 to sell. There is a good amount of news that happens this week that will drive price to the best price to sell. We clearly see a double bottom, but we have to understand that earnings just happened, and the world is looking for a bottom we are not ready for yet. Price is going to come to 31200 and more than likely struggle then slam all the buyers.
Dirty 30 back to the MOON? or just Retesting Back with another one, Lets see I believe 30 have to retest an area where it was ranging at for quite some time, as you can see I highlight the ranging area in the white box, also the market is making upward momentum back to its retest area so I would look for buys till the market goes against my bias
US30 mini Retest 30400- 30800 (15 min)
Digging into the sub 29k region, we found support at 29800 levels.
i bought in today 6.20.22 during the NY session @ 3093 / 30102/ 30120 and i have a 30193 position opening up shortly.
This is a mini retest. I do not expect anything more than 30300-30400 level. The 30300 levels mimics the dec 20 levels which is right before the explosion to 30700s.
i don't deem this a TRUE breakout just a mini test.
*** i do have a short order pending at 30050 incase we do fail that would bring lower 29800 flash through to tap the weekly MA at 29300 which signals a FULL bear market and further chaos. ****
US30 mini Retest 30400- 30800 Digging into the sub 29k region, we found support at 29800 levels.
i bought in today 6.20.22 during the NY session @ 3093 / 30102/ 30120 and i have a 30193 postion opening up shortly.
This is a mini retest. I do not expect anything more than 30300-30400 level. The 30300 levels mimics the dec 20 levels which is right before the explosion to 30700s.
i don't deem this a TRUE breakout just a mini test.
*** i do have a short order pending at 30050 incase we do fail that would bring lower 29800 flash through to tap the weekly MA at 29300 which signals a FULL bear market and further chaos. ****
False Hope US30; Swing EntryLet's not deny the bear market we're in, with a Recession more than assured it's only a matter of "when". Currently US30 has been holding support on my 4H and WEEKLY S&R lines and it's been setting lower highs since it hit it's ATH around 36955. All I'm looking for is a good entry for a swing trade down. Again we don't try to tame just mitigate when it comes to beasts like the US30 so if my sell limits are hit I'm watching for a break in the downward barrier that's held since the ATH. If it breaks I'll be exiting and looking for a higher entry, A Recession is in the future but manipulation and other factors may try to signal for a change in direction, but I'll consider those as fake outs, because the unavoidable is here, no matter what tactics the FED goes with a recession is the outcome, it'll either be clean cut or messy.
long on us30 waiting on price to come back down @ 29744 and entering a long position. first target 29981 #getMoney
us30 short then reversal follow up... plotted 50% track on the works here we have a short sell set up to where the possible reversal could be happening at for the buy.
Head & Shoulders? I see a head and shoulders formation on the 1 hour timeframe. I’d like to see it dive for the sell..