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Dowjones

Hellena | DJI (4H): Long to resistance area 41680 (Wave 5).Dear Colleagues, I believe that the price is still in an upward movement. At the moment, the higher order wave “4” is finishing forming. Either it has finished forming, or it will renew the minimum in the support area of 40071. After that I expect the continuation of the movement in the wave of higher order “5”. So I expect the price at the level of the maximum of the wave “3” 41680. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
BLACKBULL:DJ30.FLong
by Hellena_Trade
4
US30 Outlook ICT ConceptsDow Jones Industrial Average (US30) Analysis 💰 Welcome to Your Channel! Welcome to our channel where we delve into the intricacies of financial markets. Today, we focus on US30, dissecting its current price action to uncover strategic trading opportunities. Join us as we analyze key levels and market dynamics, aiming to refine our trading strategies and maximize potential gains. 💡 Previous Analysis Review: The price has swept the previous month high (PMH) and the buy-side liquidity (BSL) above it, placing it in a deep premium. 📍 Current Market Overview: The current price is around 40,920.69. The price has swept the previous week low (PWL) and tapped into the 4-hour Fair Value Gap (FVG). 🔍 Identifying Key Levels: • PMH: Previous Month High • PWL: Previous Week Low • PWH: Previous Week High • PML: Previous Month Low • BSL: Buy-Side Liquidity • SSL: Sell-Side Liquidity • EQH: Equal Highs • EQL: Equal Lows • FVG: Fair Value Gap, highlighting areas of imbalance 📊 Key Considerations: • Current Price Position: The price is trading around 40,920.69, after sweeping the PMH and BSL, and now in a deep premium. • PWL and 4H FVG Interaction: The price has swept the PWL and tapped into the 4H FVG, also aligning with the Optimal Trade Entry (OTE) levels. • OTE Levels: The current price is within the OTE levels, suggesting a potential lower movement. 📈 Bearish Scenario: Given the current price action and key considerations, a bearish scenario is possible if the following conditions are met: Target SSL and FVG Below: The price can be expected to go lower from here, targeting the SSL and the FVG below it, or even the PWL, which is close to the equilibrium (50%) of the range. 📉 Bullish Scenario: A bullish scenario should be considered if the following conditions are met: Clearing Sell-Side Liquidity: For any bullish scenario and long positions, we need the sell side of the chart to be cleared from liquidity. Once the liquidity is cleared, we can then decide on potential long positions. 📊 Chart Analysis Summary: Bearish Expectation: The expectation is for the price to potentially move lower, targeting the SSL and the FVG below it, or even the PWL, which is close to the equilibrium (50%) of the range. Bullish Expectation: For a bullish scenario, we need the sell side of the chart to be cleared from liquidity. After the liquidity is cleared, we can consider long positions. 🙏 Thank you for joining us! Exploring US30 today highlighted the importance of effective risk management in trading success. Prioritize research, implement robust strategies, and seek guidance for confident market navigation. Stay tuned for more insights on our channel. Here's to profitable trading and continuous learning! ⚠️ Disclaimer The information provided here is for educational purposes only and should not be taken as financial advice. Always conduct your own research and consult a licensed financial advisor before making any investment decisions.
BLACKBULL:US30
by RealArmin
Elliott Wave Analysis: Dow Futures (YM) Resumes Bullish TrendShort Term Elliott Wave View in E-Mini Dow Jones Futures (YM) suggests the trend should continue higher within the sequence started from April-2024 low as the part of daily sequence. It favors upside in wave 5 of (5) since 18-April, 2024 low, while dips remain above 40053 low. Since April-2024 low of (4), it placed 1 at 40213 high, 2 at 38111 low as dip pullback and 3 at 41672 high. It ended 4 as clear 3 swing zigzag pullback at 40053 low and favors upside in 5, which confirms above 41672 high to avoid any double correction, if breaks below 40053 low. Within 4 correction, it placed ((a)) at 40466 low, ((b)) at 40795 high and ((c)) at 40053 low, which missed the equal leg areas in 4 before resume higher. Above 4 low, it placed ((i)) of 5 at 41051 high and favors corrective pullback in ((ii)), which should remain above 40053 low to extend higher in ((iii)). Within ((i)), it placed (i) at 40685 high, (ii) at 40158 low, (iii) at 41029 high, (iv) at 40863 low and finally (v) at 41051 high as ((i)). It placed (a) of ((ii)) at 40606 low and favors bounce in (b) before turning lower in (c) to finish ((ii)). As long as it stays above 40053 low, it should resume higher in 5 and can extend towards 42052 – 42671 area to finish the impulse started from April-2024 low before correcting lower. Alternatively, if it breaks below 40053 low, it can do double correction towards 39432 or lower levels before it should turn higher.
CBOT_MINI:YM1!
by Elliottwave-Forecast
US30 H4 | Bearish Drop Based on the H4 chart analysis, we can see that the price has just reacted off our sell entry at 40,847.13, which is an overlap resistance close to 61.8% Fibo retracement. Our take profit will be at 40,150.54, an overlap support level. The stop loss will be placed at 41,362.20, which is a swing-high resistance level. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
FX:US30Short
by FXCM
DOW JONES Correction isn't over yet. See where to buy.The Dow Jones Industrial Average Index (DJIA) made initially a direct hit on our July 05 (see 1st chart below) 41000 Target and following the rejection then, is on its way of hitting the 39200 downside Target (July 17, 2nd chart below) as well: Zooming out to the long-term pattern again after a while, we can still see that the dominant technical structure is a Channel Up that first started on the September 30 2022 inflation crisis bottom. On the more medium-term, we can isolate a (dashed) Channel Up that started on the April 19 2024 Low. It appears that the current correction is technically its new Bearish Leg. Symmetrically, we should be expecting the new Higher Low to make contact with the 1D MA50 (blue trend-line). That is our first buy entry. The second is just below the 0.5 Fibonacci Channel level, which can potentially make near contact with the 1D MA200 (orange trend-line), a strong long-term Support. That scenario is drawn based on the October 27 2023 bottom which was after a symmetrical correction (-9.25%) with the March 20 2023 bottom. Similarly, the current Bearish Leg could be symmetrical (-6.84%) with the correction that led to the April 18 2024 Low. For both buy entries, our new long-term Target will be 42400 (Higher High on the medium-term Channel Up). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CAPITALCOM:US30
by TradingShot
US30 - Bearish Momentum Amid Anticipated GDP Data ReleaseTechnical Analysis: US30 Current Outlook: The price is in a strong bearish trend, with potential targets at 39575 and 39400, particularly if the GDP data exceeds expectations. Bullish Scenario: To establish a bullish trend, the price must stabilize above 40060, aiming for 40270 and 40420. An uptrend movement will be likely if the GDP results are lower than expected by approximately 1.4% to 1.6%. Bearish Scenario: As long as the price trades below 40060, the bearish trend will persist. For a more precise bearish outlook, the price should stabilize below 39780, targeting 39575 and 39400. Key Levels: - Pivot Line: 39945 - Resistance Levels: 40060, 40250, 40420 - Support Levels: 39780, 39575, 39400 Today's Expected Range: The price is expected to fluctuate between the support at 39400 and the resistance at 40420. previous idea:
OANDA:US30USDShort
by SroshMayi
US30 ( BREAKOUT CHANNEL ) (4H)US30 HELLO TRADERS Tendency , the price is under bearish pressure , after breakout channel . TURNING LEVEL : the price of turning level around 40,300 , so if the price breaking this level reach a first resistance level , as long as price trading below this level reach a first support level . RESISTANCE LEVEL (1) : this level around 40,674, for reach this resistance the price it will be breaking turning level . RESISTANCE LEVEL (2) : around 41,019 , for reach this level it will be breaking by open 4h candle above resistance level (1) SUPPORT LEVEL (1) : this level around 39,861 , for reach this support level the price need stabilizing below a turning level . SUPPORT LEVEL (2) : support level at 39,469, for reach this level the price will be breaking by open 1h or 4h candle below support level (1) . CORRECTIVE : the price may be corrective turning level at 40,300 , before drooping . TARGET LEVEL : RESISTANCE LEVEL :0.63 , 0.67 . SUPPORT LEVEL : 0.57 ,0.54 .
EIGHTCAP:US30Short
by ArinaKarayi