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Dowjones

Dow and Russell could extend lowerDow and Rusell2k have rallied back and may be finding seller supply at current levels. If prices go lower and fail to hold recent support, then an extension of the down move could be in play. The majority of the gains stocks have been from the ai and magnificent 7 stocks (nvidia, amazon, tesla, microsoft, apple, google, meta). These stacks are a larger percentage of the sp500 and nasdaq than the dow and russell. The rest of the economy may not be fairing as well as the implied moves of the magnificent 7 which is attracting all the momentum money. Higher rates affecting funding costs would hit industrials in the dow and the small businesses more in the russell2k.
BLACKBULL:US30Short
by optionfarmers
⭐️ EUR/USD - Bulls are coming back ? (READ THE CAPTION)By checking the #euro_dollar chart in the 2-hour time frame, we can see that exactly as we expected, the price entered the desired demand range and started to grow from the same zone, and with more than 70 pips of yield, it was able to grow above 1.069! I still believe that by maintaining the support of the 1.064 range, the price can penetrate to higher levels and we will see the price reaching higher targets! the main idea : Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
Long
by ArmanShabanTrading
13
DOW JONES Attention! These are currently the key levels to know!Following a successful sell signal at the top of the long-term Channel Up (March 28, see chart below), Dow Jones (DJI) is staging its first attempt to resume the bullish trend: Observing past behavior in similar circumstances often helps at making such projections, so we placed Dow's previous correction in August 2023 (right chart) next to today's. The key levels when the index made a similar attempt to regain the long-term bullish trend as the 4H MA200 (orange trend-line) and the 0.618 Fibonacci. As you can see on August 31 it marginally broke above both but failed to close a single 4H candle above them and was subsequently rejected back to the 0.236 Fib. A 4H MACD Bearish Cross took place exactly on that candle's rejection. As a result, we will only buy the break-out if Dow closes a 4H candle above the current 0.618 Fib (38950) in which case we will target the 40000 High. Until then we will sell even the slightest 4H MA200 rejection and target 37900 (Fib 0.236). We can already see a 4H MACD Bearish Cross emerging. The risk either way is low. ------------------------------------------------------------------------------- ** 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
DOW JONES: Pattern worked like beauty. Technical rebound.Dow quickly turned neutral again on its 1D technical outlook (RSI = 49.651, MACD = -238.11, ADX = 37.915) not staying for long on its previous bearish state as after hitting our TP = 37,300 it rebounded emphatically and is about to test the 1D MA50. The pattern was the same as the prior corrections inside the Channel Up: pullback to the 0.382 and -6.95% in particular like on December 20th 2022. Now the price should at least retrace to the 0.786 Fib on this bounce. Long TP = 39,350. See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CAPITALCOM:US30Long
by InvestingScope
US30 Intra-Week Analysis April 23rd 2024After creating a double top at All-Time-Highs, us30 began a steady bearish correction back to the 37200 key level. Then rejecting and still maintaining the overall bearish market structure on higher timeframes. Now looking on the daily timeframe we see a strong hammer head candle formation after rejecting 37200, indicating a reversal and potential bullish move. This week if we fail to see price close above 38600 we can expect a slight pullback to 38000 before looking for continued buys.
CAPITALCOM:US30
by Itskaleel
The idea of a bullish scenario! Think about structureEsteemed analysts and traders, I hope this correspondence finds you in good health and high spirits, prepared to tackle the upcoming week with renewed energy. I extend my best wishes for your continued success in all your business endeavors. It is worth noting that success in trading is largely dependent on the consistent definition and adherence to one's own rules. As a supporter of the Elliott Wave Principle, I consider this methodology an invaluable tool for market analysis. After three years of personal experience, I have developed my approach by combining this principle with meticulous consideration of different market scenarios. I strive to avoid market surprises by maintaining a range of market prospects, which enables me to recognize the market structure forming with 100% accuracy. I am pleased to share my analysis with you, with the caveat that I do not provide buy or sell signals. My perspective on idea analysis is entirely impartial, and if my analysis meets your standards, it may serve as a guide to making an informed decision. For your reference and comparison, I have attached my previous analysis of the same market. All the details of my analysis are clearly labeled for ease of comprehension. Nonetheless, familiarity with the Elliott Wave Principle theory would facilitate an understanding of the analytical idea. My study of the Elliott Wave Principle took nearly three years, during which my understanding and experience with this invaluable tool have grown. My progress thus far is a testament to the legacy of Ralph Nelson Eliot, whose genius has provided the foundation for my achievements. May he rest in peace. I express my gratitude for your continued support and kindness, and welcome your comments and critiques. May my analysis be a valuable asset to your business journey, and I remain sincerely yours, Mr. Nobody The bearish scenario of any corrective pattern and trend continuation
ICMARKETS:US30Long
by mehdi47abbasi79
Hellena | DJI (4H): Long to the resistance area of 38458.Dear colleagues, I believe that wave "4" is not yet completed. To complete it, it is necessary to complete the double zig-zag. I expect that the movement "c" will end in the area of 37350, then I expect growth and the beginning of wave "5" with the goal to reach at least the resistance area of 38458. Be careful, perhaps wave "c" will be a bit shorter and it will mean that the upward movement will start earlier. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
TVC:DJILong
by Hellena_Trade
⭐️ Nasdaq’s 430-Pip Profit Play & Forecast : More Fall Ahead ? By checking the #Nasdaq chart in 4-h time frame, we can see that the price was exactly as we expected, after it entered the Bearish BB supply range, it was accompanied by selling pressure and was able to hit the main target with more than 430 pips profit! In the coming week, we will probably have a short upward movement first, and then with the right trigger, we can come back with a SELL position! I hope you have used it! Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
CAPITALCOM:US100Short
by ArmanShabanTrading
4
Liquidity Crisis may happen, Market TOPPED OUTLiquidity Crisis may happen most of hedgefund did buying treasury bond and then treasury bond margin loan , so they made almost 50x leverage on bond market times over and over now only t-bill s gonna be recognized as collateral so t-bill market happend this method But NFP is too strong, FED didn't do Rate Cut now So t-bill is bubbled now, we are gonna kill it and stock market just knew there's plenty of liquidity until today Only when the tide goes out do you discover who's been swimming naked. So market topped out
TVC:NDQShort
by newjeansoldjean
5
US30Identify which phase of the market you are currently in. DAILY Still in the correct phase of the bull trend. 37060, our significant support area where we believe the correction phase will start to phase out. We had an ascending wedge, which we broke and have just kept going down since then, forming bear flags on the way down. 4H The flat flag pattern is not confirmed as we only have 2 touches on either side, with price hanging in the middle we watch and stay waiting. We have placed to trade ideas, one is the super risk entry the other is the reduced entry. The risk is triggered and we just waiting for the reduced entry to be triggered. 1H Forming a pattern within a pattern (another bear flag) within the possible flat flag. So we can believe the trend we have concluded the bear movement.
PEPPERSTONE:US30Short
by Mhangwane1
Dow Jones: Analyzing Market Sentiment Amidst Powell's RemarksThe Dow Jones Industrial Average, a bellwether index reflecting market sentiment and economic outlook, experienced a notable shift in dynamics following remarks by Federal Reserve Chair Jerome Powell. After a previous push-down impulse triggered by Powell's speech yesterday, the index exhibited a remarkable recovery during the Asian session, opening the new session with bullish sentiment. Powell's indication of a "higher for longer" stance swiftly reversed the previous bearish sentiment, highlighting the market's sensitivity to central bank communications. However, amidst the bullish momentum, the market faces a balancing act as hawkish remarks from Powell and lingering geopolitical risks offset positive developments such as robust quarterly earnings from UnitedHealth and Morgan Stanley. The juxtaposition of these factors underscores the intricacies of market dynamics, where sentiment can quickly pivot in response to changing narratives. From a technical perspective, the Dow Jones remains in a bearish retracement phase. However, an intriguing observation emerges on the H4 timeframe, where divergence in price signals a potential shift in momentum. This divergence, coupled with the bullish sentiment observed during the Asian session, suggests that the index may be poised for growth in the near term. In light of these developments, our strategy revolves around a scalping setup with a focus on short-term gains. We advocate for a close take profit approach, capitalizing on the current momentum while remaining cognizant of potential market fluctuations. Furthermore, we envision a longer setup, aligning with historical data indicating a statistical bias towards long positions during this part of the year, particularly in April.
BLACKBULL:US30Long
by FOREXN1
1