DOW JONES Cup and Handle completed and eyes a new ATH.Dow Jones (DJIA) has been trading within a Channel Up since the October 2022 market bottom of the Inflation Crisis. Inside this pattern, four Cup and Handle (C&H) formations have occurred with the most recent one, about to complete its Handle this week.
All such C&H patterns, rebounded to at least the 1.382 Fibonacci extension before the next pull-back. As a result, our Target before May remains 46400.
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DOW
DOW JONES Bull Flag completed. Massive rally ahead.Dow Jones / US30 has completed a Channel Down on the 0.5 Fibonacci retracement level.
This pattern is nothing more than a Bull Flag based on September's similar structure that also hit the 0.5 Fib and 1day MA50 and bottomed.
This time, the 1day RSI is also on a Rising Support.
Both corrections took place after a +8.15% rise and September's then went on to rebound to the 1.5 Fib extension.
Buy and target 46700.
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US30-Bearish Momentum in Play as DowJones Drops Below Pivot ZoneUS30 Analysis – February 25, 2025
🔻 Bearish Momentum in Play as Dow Jones Drops Below Pivot Zone
US30 has continued its downward movement, as previously anticipated . The price remains below the pivot line (43,765) and has already tested the support at 43,350. However, to confirm further downside toward 42,770, the price must break below 43,212 with a 4H candle close.
🔹 Technical Outlook:
📉 Bearish Scenario:
As long as US30 remains below 43,760, the downward pressure is expected to continue.
A 4H candle close below 43,212 will confirm a bearish continuation toward 42,770.
📈 Bullish Reversal:
Stability above 43,212 will lead to a range-bound movement between 43,212 and 43,765 until a breakout occurs.
A 4H candle close above the pivot zone (43,765) is required for the bullish trend to resume.
Key Levels to Watch:
Resistance: 43,690 | 43,900 | 44,210
Pivot: 43,580
Support: 43,212 | 43,030 | 42,770
⚠️ Directional Bias:
Currently, US30 is consolidating within the 43,212 – 43,765 range. A break below 43,212 will confirm the bearish trend continuation.
US30 Bearish Momentum | Key Support Levels in FocusUS30 Analysis | February 21, 2025
The price has broken below the pivot line of 44,404, confirming a bearish momentum. Now, it is testing the support zone at 44,051, and a continued failure to reclaim the pivot will strengthen the bearish case toward 43,763 and 43,212 support zones.
For bullish confirmation, the price needs to stabilize above 44,404 and break the resistance zone of 44,500 to initiate a potential recovery toward 44,756 and 45,099.
Key Levels:
Pivot Line: 44075
Resistance Levels: 44190 – 44404 – 44650
Support Levels: 43763 – 43520 - 43212
📉 Directional Bias: As long as the price remains below 44,404, US30 remains bearish, with a high probability of testing lower support levels.
GOLD Looks Like A Giant Bull Trap Price To Fall DramaticallyThis move in gold has been nice but I think its almost over. This was a giant bull trap in my opinion. Over the next few years I see Gold coming down to the bottom trend line then longer term probably below $1000 after it breaks the rising wedge.
I think the Golden Age of America is a real thing. Cheaper energy, more advanced ways of mining, new large gold deposits will be found. Gold will always be relevant but will never be used as money again. No real need for it other than industrial uses. Eventually we'll be able to manufacture gold, silver, and pretty much any other metal and there wont be a need for mining anymore. We're moving forward not backwards.
Best of luck my friends, none of this is financial advice.
Dow Bullish sideways consolidationThe Dow (US30) index price action sentiment appears bullish, supported by the longer-term prevailing uptrend. However, since reaching an all-time high on 04th December 2024 the Dow index price action is consolidating in a sideways trading range.
The key trading level is at 44460, the current swing low. A corrective pullback from the current levels and a bullish bounce back from the 44460 level could target the upside resistance at 44835 followed by the 45060 and 45140 levels over the longer timeframe.
Alternatively, a confirmed loss of 44460 support and a daily close below that level would negate the bullish outlook opening the way for a further retracement and a retest of 44265 support level followed by 44160 and 43980.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
US30 | Consolidation or Breakout? Key Levels to Watch! 📊 US30 (Dow Jones) Technical Analysis – February 20, 2025 📉📈
The US30 has been consolidating around the pivot zone (44,404 - 44,550), showing signs of a potential breakout.
🔹 Bullish Scenario:
If the price stabilizes above 44,560, we can expect a continuation toward 44,756 and 44,926.
A breakout above 45,000 could trigger further bullish momentum toward 45,323.
🔹 Bearish Scenario:
A 4H close below 44,404 may signal weakness, with downside targets at 44,204 and 43,763.
If 43,763 fails to hold, further decline toward 43,212 and 42,769 is possible.
📊 Key Levels to Watch:
🔹 Pivot Zone: 44404 - 44550
🔹 Resistance Levels: 44756 | 44926 | 45323
🔹 Support Levels: 44204 | 43763 | 43212
💬 Will US30 break 44,926 and rally higher, or will it pull back for a correction? Drop your predictions below! 👇🔥
Why the Dow Jones might close its gap with S&P and NasdaqThe S&P 500 and Nasdaq have once again reached record high, leaving the Dow Jones for dust in its choppy consolidation. But I think we're now facing a relative shift in their performance, which could see the Dow lead the way and close its gap with its Wall Street Peers.
Matt Simpson, Market Analyst at City Index and Forex.com
DOW JONES 1D MA50 supporting huge Inverse H&S push!Dow Jones (DJIA) has been trading within a Channel Up for the past 15 months. The pattern that could be the strongest driving force however in the coming weeks is an Inverse Head and Shoulders (IH&S), which is about to complete its Right Shoulder.
As you can see this is being strongly supported by the 1D MA50 (blue trend-line) in the past 30 days and every such IH&S pattern in the last 2 years broke to the upside and hit at least its 1.382 Fibonacci extension.
The 1D RSI sequences between those IH&S fractals are identical and the current RSI Bearish Divergence matches perfectly all previous Right Shoulder formations that preceded the 1.382 Fib push.
As a result, a 46400 Target would be an ideal technical Higher High for the Channel Up.
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DOW JONES: Triangle about to break out.Dow Jones is neutral on its 1D technical outlook (RSI = 53.474, MACD = 190.020, ADX = 26.060) as it is trading inside a Triangle pattern, sideways around the 4H MA50. A crossing over the R1 level will be a long aiming at the 2.0 Fibonacci extension (TP1 = 48,000), while a crossing under the S1 level will be a short aiming at Fib 0.0 (TP = 42,000).
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Dow INTRADAY coiling energy buildup The Dow (US30) index price action sentiment appears bullish, supported by the longer-term prevailing uptrend. However, since reaching an all-time high on 04th December 2024 the Dow index price action is consolidating in a sideways trading range.
The key trading level is at 44460, the current swing low. A corrective pullback from the current levels and a bullish bounce back from the 44460 level could target the upside resistance at 44835 followed by the 45060 and 45140 levels over the longer timeframe.
Alternatively, a confirmed loss of 44460 support and a daily close below that level would negate the bullish outlook opening the way for a further retracement and a retest of 44265 support level followed by 44160 and 43980.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
Party's OverDow Futures daily forming a downwards channel with price targets potentially down to 34k and 31k. These drops would be about 20-40% which is considered a true market crash. The falling wedge pattern plays out until potentially June of 2027, but wedges from the top of the range are dangerous as they can turn into bull traps.
- Economic fundamentals have been disconnected from the financial system for some time but as the underlying economy begins to falter (ex. unemployment wave) markets begin to price in data such as falling retail sales.
- President Trump is going through with mass layoffs in the Federal Government which creates unemployment as the private sector has been going through layoffs and has halted actual new hiring since 2023.
- As more traders have become accustomed to "bad news is good news," they will most likely be wiped out trying to buy dips or chase false breakouts doing what they have always done.
- Tariffs regionalize trade which make global economies and supply chains less interconnected. A global economy that is also very levered up on USD denominated debt needs dollar liquidity to continue to function. By regionalizing trade that liquidity is starved which can lead to financial problems on a global scale if not handled carefully.
- Markets are likely to price in these risks over the next 2-3 months leading asset prices and interest rates lower. Expect individual companies to do well at times but then rotate to others while the Dow index itself falls.
- Even if the Dow were to play out the wedge during 2026, without significant improvements to the global financial system expect that move to be a bull trap or a best lead to minimal gains without a new wave of monetary inflation.
US30 | Holding Support – Ready for the Next Leg Up?📊 US30 (Dow Jones) – Technical Analysis (4H Chart)
🔹 Market Outlook:
Price is trading within an ascending channel, indicating a bullish bias while above key support levels.
The pivot zone at 44,404 is acting as a critical level to maintain bullish momentum.
A break above 44,756 - 44,926 will confirm further upside potential.
🔥 Bullish Scenario:
✅ As long as price holds above 44,404 - 44,570 → Bullish trend remains intact!
📌 Targets:
📍 44,756 (first resistance)
📍 44,926 (next key resistance)
📍 45,099 - 45,323 (major resistance zone & ATH area)
⚠️ Bearish Scenario:
❌ A 4H close below 44,404 could trigger a deeper correction.
📌 Support Targets:
📍 44,260 (first support zone)
📍 43,910 (strong demand area)
📍 Below 43,763 = deeper pullback likely
🔑 Key Levels:
📍 Pivot Zone: 44,404 - 44,570
📍 Resistance: 44,756 | 44,926 | 45,099 - 45,323
📍 Support: 44,404 | 44,260 | 43,910
📌 Conclusion:
✅ Bullish momentum holds above 44,404, targeting 44,756+.
🚀 Break above 44,926 will open the door for a test of 45,099 - 45,323.
⚠️ Drop below 44,404 = possible correction to 44,260 - 43,910.
💬 Do you think we push to new highs or see a pullback first? Drop your thoughts! 👇🔥
DOW JONES is completing a Bull Flag to jump to 46700.Dow Jones / US30 is posting a Bull Flag pattern on the 4hour timeframe, currently between the 4hour MA50 and MA200.
The last time we came across this pattern was with the early September Bull Flag.
Both patterns started after a +8.20% rise on the index.
If the new one repeats September's, then we should see an immediate rally to the 1.5 Fibonacci.
Buy and target 46700.
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Dow (US30) coiling price action after increase in US PPI dataThe Dow (US30) index price action sentiment appears bullish, supported by the longer-term prevailing uptrend. However, since reaching an all-time high on 04th December 2024 the Dow index price action is consolidating in a sideways trading range. Today, Thursday 13th February 2025 the US (PPI) Producer Price Index data was published showing the increase to 3.5% on a yearly basis in January. The annual core PPI rose to 3.6% in the same period, surpassing market forecasts of 3.3%. On a monthly basis, the PPI and the core PPI rose 0.4% and 0.3%, respectively.
The key trading level is at 44206, the current swing low. A corrective pullback from the current levels and a bullish bounce back from the 44206 level could target the upside resistance at 44980 followed by the 45080 and 45200 levels over the longer timeframe.
Alternatively, a confirmed loss of 44206 support and a daily close below that level would negate the bullish outlook opening the way for a further retracement and a retest of 44000 support level followed by 43740.
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
DOW JONES One last drop below the 1D MA50 is possibleDow Jones (DJIA) has found itself in an uncomfortable spot as it's been trading sideways within the 1D MA50 (blue trend-line) and Resistance 1 of the December 2024 High, for the past two weeks.
The 1D RSI has already started trending downwards on a Bearish Divergence while the 1D MACD just completed a Bearish Cross. The times we've seen all those conditions fulfilled within the 2-year Channel Up, are in mid-May 2024 and early May 2023.
On both occasions, the price got rejected on Resistance 1 and pulled back below the 1D MA50 to form a Higher Low. After the 1D MACD formed a Bullish Cross, the price confirmed a technical reversal and targeted the 1.5 Fibonacci extension before the next pull-back.
As a result, you might want to keep a buy order waiting for a sub-MA50 drop and buy once a MACD Bullish Cross is formed to target 46500 (Fib 1.5 ext).
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DOW JONES: Necessary correction to lated target 46,600.Dow Jones is neutral on its 1D technical outlook (RSI = 53.301, MACD = 170.540, ADX = 30.319) as it is trading sideways on top of the 1D MA50 for the past 2 weeks. The long term pattern is a Channel Up that every time it rebounded on a HL bottom and hit the R1, it always pulled back again to test the 1D MA50. Consequently, this is a necessary technical correction that will allow the index to attract enough buying momentum again to go after a new HH. Aim for a minimum +8.41% increase (TP = 46,600).
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DOW JONES Can the 1D MA50 save the day once more?Dow Jones (DJIA) has been trading within a year long Channel Up and this week's pull-back has so far found Support just above the 1D MA50 (red trend-line). As this chart shows, every 1D MA50 contact that was made after a Channel Up bottom (Higher Low), was a buy opportunity as the blue arc patterns highlight.
The green arcs are the Channel bottoms and technically the strongest buy opportunities and in the past 10 months we've only had 3 of those. This is the 4th blue arc however, the medium-term buy opportunity.
Regardless of colour, the 4H RSI pattern on each of those buy opportunities, has been the same. And the resulting rally has either hit the 1.5 Fibonacci extension or made a +8.33% rise.
This time the 1.5 Fib is a bit closer to the price, so that will be our medium-term Target at 46750.
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DOW JONES: Buy signal above the 4month RectangleDow Jones just turned bullish on its 1D technical outlook (RSI = 56.676, MACD = 255.440, ADX = 30.051) as it hit the 4H MA50 after an instant rebound on the 4H MA100 inside the same session. This is a strong bullish reversal but the buy signal will be validated if the price crosses over the 4month Rectangle pattern. The rally from its January 13th bottom has been with a significant correction until Friday's and today so far and according to the November rally which was two-fold, if this is the start of the 2nd bullish stage, it should be -1.70% weaker than the first. This implies that from today's low we should rise by +6.30%. This gives us a TP = 46,550 but in order to overcome the bearish pressure of the Rectangle, we will buy only if then price crosses over it.
See how our prior idea has worked out:
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DOW JONES starting a bullish streak to 48500.Dow Jones / US30 is trading inside a Channel Up since August 2022 and is right now on the 3rd straight green 1week candle.
Even though it is approaching the top of this 2.5 year pattern, the upcoming Bullish Cross on the 1week MACD indicates that the rally that is starting could be of a similar magnitude like November 2023 and October 2022.
Consequently, we expect this to reach at least the 2.0 Fibonacci extension on a diverging Channel Up.
Target 48500.
Previous chart:
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Dow Jones 30 is near its all-time high. Can we create a new one?Can the Fed help the MARKETSCOM:US30 move a bit further north and establish a new all-time high? There is a possibility for that, however, we need to wait for the Fed press conference, when market volatility may increase significantly. That said, let the market settle and we can see what we can do. Check the video for more details.
TVC:DJI
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