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Dow Jones, breakout and retesting. US30 📈Hello guys, This is an update of previous analysis (blow link). Everything is explained on the chart for you like always. The market has a false break and then came back above the base band, so for now we expect a retest of the zone and the continuation of the upward to the supply zone. Monitor the price's action in the circles to enter. Good luck. If you like the idea, do not forget to support with a like and follow me for next analysis :) Write your comment and opinion below to me
ULong
by ArashBanakar
1
YM1! US30USD DOW 2023 JAN 23 YM1! US30USD DOW 2023 JAN 23 Last week, Dow Scenario1 rejection of 34605 short yielded 900pts (trail stop TP). With this rejection, DOW now exhibits rotation behavior 34605 - 32789. Possible scenarios: 1) Rotational play: Trades can be executed at boundary of rotation range 34605 / 32789. - Long if supported at 32789 - Short if rejected at 34605 2) Rotational breakout/breakdown: - If price breakout, long when price retraces and finds support - If price breakdown, short when price retraces and is rejected Volume Analysis: Weekly: Low vol wide spread S>D bar = weakness Daily: Ave vol up bar close at high = No demand H4: High vol up bar closed off high = minor weakness Price reaction levels Short on Test and Reject | Long on Test and Accept 35750 35228 34416-34605 32789 30513 28635 Remember to like and follow if you find this useful. Have a profitable week ahead.
CBOT_MINI:YM1!
by paradox677
1
Aspects to Market Making Sentiment IIA period of low spread and low volume can indicate a lack of liquidity in the market. This can be caused by a variety of factors, such as a lack of investor interest in the security or derivative, or a lack of market participants willing to trade at the current bid and ask prices. In this case, a market maker may choose to adjust its strategy to manage the risk of holding a large position in the security or derivative. One strategy that the market maker may use is hedging, which involves taking offsetting positions in other securities or derivatives to reduce the risk of loss from unexpected market movements. For example, if the market maker has a large position in a stock and is concerned about a potential price decline, the market maker may use options or short selling to hedge against this risk. Alternatively, the market maker may choose to hold onto its position and wait for market conditions to improve. This may involve adjusting the bid and ask prices to attract more buyers or sellers, or reducing the size of the position to manage the risk of holding a large position in an illiquid market. The market maker's decision to hedge or hold the position will depend on the market maker's risk appetite, the specific market conditions, and the market maker's own outlook on the future movements of the security or derivative. In summary, a period of low spread and low volume can indicate a lack of liquidity in the market, in this case, a market maker may choose to adjust its strategy to manage the risk of holding a large position, one strategy is hedging, which involves taking offsetting positions in other securities or derivatives to reduce the risk of loss from unexpected market movements. The market maker may also choose to hold onto its position and wait for market conditions to improve, adjusting the bid and ask prices to attract more buyers or sellers, or reducing the size of the position to manage the risk of holding a large position in an illiquid market. The decision to hedge or hold the position will depend on the market maker's risk appetite, the specific market conditions, and the market maker's own outlook on the future movements of the security or derivative.
CBOT_MINI:YM1!Long
by SolidWetFX
2
DOW JONES: Oversold. A buy opportunity.Dow Jones turned red on the 1D time frame (RSI = 42.944, MACD = 52.430, ADX = 23.942) but oversold on the 4H (RSI = 24.370, MACD = -196.780, ADX = 55.260), which is the exact conditions we've been eyeing for a buy entry. The sharp drop that followed the 4H MA50 breach closed on the HL trend line. The pattern is a Rising Megaphone and right now the price sits at the very bottom. With the oversold 4H RSI reversing, this is a similar buying opportunity as the last leg of the previous Rising Megaphone on December 6th/7th. We have denoted S1, a pivot (P1) and R1, which is the target. A +4.30% rise is common on this pattern, it suits ideally the 34,490 target. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ## ## Also DONATIONS through TradingView coins help our cause of increasing the daily ideas put here for free and reach out more traders like you. ##
CBOT_MINI:YM1!Long
by InvestingScope
7
How NOT to loose money, 1st do not trade people's ideas do your Home work, do your research and learn learn learn till you become aware of what is going on in mkts and then being able to choose the right path for your and being able to distinguish right ideas and analysis from the wrong ones. *****Passing this cool info (Not mine) : 2. Set realistic expectations When you're investing, your expectations of what you could earn should be realistic. And sometimes, measures like average rates of return can be misleading. For example, if you invested in large-cap stocks between 1926 and 2020, you would've earned an average rate of return of 10.2%. And if you earned this rate of return over 30 years, $100,000 invested would've grown to $1.84 million. But during that same time period, you would've earned a high of 54% in 1933 and a low return of -43% during 1931. If you invested for the first time during a year of losses, it could make you wary of investing. Understanding that your returns won't be linear but instead, an average of positive, negative, and flat returns is important. And understanding this may help you withstand the bad years. 3. Know the difference between a realized and unrealized loss When you look at your account balance and see that it's lower than it was the month before, it may feel as if you've lost money. But the numbers you see on your statement or when you log in to your account are called unrealized losses or gains. These numbers change for better or worse throughout a day of stock market activity and are only considered actual losses or gains when you realize them by selling your holdings. For example, if your account balance was $10,000 last month and you experienced losses this month, it may now be worth $9,000. But you would only lose money in reality if you sell this investment before it gets back to its original value. Over the long term, the stock market has always increased in value, and your investments should, too, as long as you stay invested. 4. Have an appropriate time horizon How soon you need your money could impact how well you keep your money invested during stock market crashes. If you won't need your money for 25 years and you suffer a 30% loss, you may shrug it off knowing that your account value could return back to that value in a few years. But if you plan on using the money next year, you may panic at the idea of losing any of it. Before you invest one penny, think about your time horizon. And the closer it is, the more conservatively you should invest. Without the threat of missing your goal looming over your head, losses may not seem so devastating, and you'll be less likely to give up on investing due to a short-term drop. 5. Control emotions Controlling your emotions is no easy task, and when you're losing money, it can feel like it will go on forever. But declines have never lasted forever. Learning how you can control your emotions when you're feeling this way can be the difference between experiencing subpar returns that lag benchmarks or keeping pace with them. When you feel as if the sky is falling and it seems as if there's no end in sight, revisiting stock market corrections of the past can be helpful. Even during some of the periods of the most extreme losses, investors who stayed the course often recouped their losses within a few years. From 2000 through 2002, if you'd invested only in large-cap stocks, you would've lost about 38% in total. If you had $100,000, it would've decreased to around $62,000. But by 2006, you would've regained all of your money and been ahead slightly.. 6. Invest in line with your risk appetite How do you feel about volatility? Do you barely notice it and realize that it's a normal part of a market cycle? Or does it make your stomach drop every time it happens? You can earn more over the long term if you have more aggressive investments, but in a year of losses, these types of investments could also lose more money. And if the losses seem too big, these investments may be too risky for you. If this happens, staying invested may be harder. Making sure that you're invested in line with your risk tolerance can help you prevent this. You should also find an asset allocation model that suits your appetite for risk, even if it yields a lower average rate of return. Investing should help you meet your goals instead of putting you further away from them. While your account value increasing or decreasing regularly is normal, you don't have to lose money. And controlling your fears, making sure you hold suitable investments, having realistic expectations about how your accounts will grow and the time frame in which those gains will happen can help you avoid it.
SP:SPXEducation
by samitrading
2
DOW JONES The High volatility zone continues to pay offThe Dow Jones Industrial Average (DJI) followed our previous call (almost) 3 weeks ago to perfection as after trading within the Triangle, it broke to the upside and hit the 34300 target: The strong rejection of this week simply validates the argument that we've made since November, that the blue zone will be a High Volatility region for Dow as it is a confluence of major Support (Bear Cycle Lower Highs trend-line), Resistance (34300 August 16 High) and MA levels (1D MA300 and 1D MA50 (yellow and blue trend-lines respectively)). It is now testing the (dashed) Higher Lows trend-line, which if successful can make another trip to 34300. But if it doesn't hold, the real medium-term Support Zone is within the former Lower Highs trend-line and (mostly) the 1D MA200 (orange trend-line), which has already held once successfully on December 20. A break below targets the 31725 Support (1) first and (on a much less likely scenario) the 30100 Support (2) in extension. But why give away our 1D RSI blue-print and the symmetricality of each bullish - bearish phase that has been holding exceptionally well since the February 24 2022 bottom? As we explained in detail in our previous analysis, each bearish phase has been around 250 (4H) candles i.e. roughly 60 days. Considering that this is not a Bear Cycle bearish leg as it is obviously more sideways than making Lower Lows, we should be seeing an end of this phase by the 2nd week of February, if not earlier. Based on the 1D RSI though, it has already started to form the bottoming process (green rectangle) as shown by the previous sequences. As a result, investors should be more patient with such drops and willing to buy the pull-back at this stage, than looking to short to Lower Lows. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
U
by TradingShot
5
US30 to find support at previous lows?DOW30 - Intraday - We look to Buy at 32845 (stop at 32645) Continued downward momentum from 34358 resulted in the pair posting net daily losses yesterday. The 261.8% Fibonacci extension is located at 32845 from 34358 to 33784. We have a 78.6% Fibonacci pullback level of 32845 from 32437 to 34347. Although the anticipated move higher is corrective, it does offer ample risk/reward today. Our profit targets will be 33370 and 33470 Resistance: 33200 / 33570 / 34034 Support: 32845 / 32812 / 29068 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
OANDA:US30USDLong
by OANDA
DJI Potential for Bullish Continuation Looking at the H4 chart, my overall bias for DJI is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a pullback buy entry at 33418.59, where the 50% Fibonacci line is. Stop loss will be at 32573.43, where the recent low is. Take profit will be at 34712.28, where the previous swing high is. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
TVC:DJILong
by VantageMarkets
1
DOW JONES: Why bother when the long-term is so clear?The Dow Jones Index on the 1W chart technically got above the neutral point only last week (RSI = 59.193, MACD = 453.990, ADX = 36.049), which on the long-term (year to year basis) are levels the market deem good enough to buy. The price is establishing the 1W MA50 as its new long-term Support and if we draw the log Channel Up of Dow since the bottom of the 2008 real estate bubble, we see that every time it gained back the 1W MA50 after a 1W MA200 test, a new rally started. From a Higher High to Higher High stand-point, the date range is similar (minimum 1120 days, maximum 1365). According to that model, the next Higher High can be around July 2025 max. On a 1W MACD basis, this new rally could be more similar with the one that started in 2016, as both are rising after a double bottom. The Fibonacci channel tool adds great value at finding the projection of the trend as on this Channel Up make effective pivot levels. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ## ## Also DONATIONS through TradingView coins help our cause of increasing the daily ideas put here for free and reach out more traders like you. ##
TVC:DJILong
by InvestingScope
4