Combined US Equities Lousy Breakout means BreakdownThe combined US equities chart failed to push significantly and is consolidating. when it does this, it looks like it is rolling over to fall off a cliff.
IF we look carefully, besides the weakening technical indicators, there is also weakening price action, with the second or third lower high in the hourly time frame.
That said, the decision box needs to be broken out of, and then the critical support (red line).
Once these give way, it would be too obvious and there should be a sizeable retracement to the previous support, now being the downside target.
Dowjones
DreamAnalysis | Dow Jones Analysis Key Levels to Watch!✨ Today’s Focus: Dow Jones (US30) – A Key Market Mover
Today, we’re diving into the latest Dow Jones price action, pinpointing critical levels to identify potential trends and strategic trade opportunities.
📊 Market Snapshot:
The price is currently oscillating within the previous week’s range. After capturing some crucial buy-side liquidity, such as the Previous Month’s High (PMH), there’s been a strong shift to the sell side.
🔴 Short- vs. Long-Term Outlook:
We’ll break down scenarios for both bullish and bearish setups, providing insights for day traders on how to approach short-term and long-term trends.
🗣 Short-Term Outlook:
In the short term, a potential retracement higher could take out some Buy-Side Liquidity or hit the midpoint (50%) of the range. Following this, the price may continue downward toward sell-side targets, with the Weekly Imbalance as a significant level to watch.
🗣 Long-Term Outlook:
Our long-term perspective remains bearish until the price reaches the Weekly Imbalance at the 50% range mark. From there, we’ll need to observe how the market reacts to assess if further declines are likely.
🕓 Key Levels to Watch:
These levels are likely to shape price movement:
- PMH: Previous Month High
- PML: Previous Month Low
- PWH: Previous Week High
- PWL: Previous Week Low
- BSL: Buy-Side Liquidity
- SSL: Sell-Side Liquidity
- Weekly FVG: Fair Value Gap (Imbalance Zone)
Fair Value Gaps (FVGs) are crucial zones for potential retracement, setting up the next directional move.
📈 Bullish Scenario:
For a bullish setup, monitor lower timeframes (LTF) for a sweep of Low-Resistance Sell-Side Liquidity. Look for entry models targeting higher levels, including a move toward the All-Time High (ATH).
📉 Bearish Scenario:
For bearish opportunities, use lower timeframes like the 15-minute chart. Seek short entry signals within the 4-Hour Imbalance, or wait for a breakdown of Low-Resistance Buy-Side Liquidity for added confirmation.
📝 Final Thoughts:
Stay flexible as market dynamics shift. Monitor these key levels and setups to fine-tune your strategy and capitalize on high-probability trades.
🔮 Coming Up:
We’re also tracking NASDAQ, DXY, EUR/USD, and other major markets, with timely insights as trends evolve.
⚠️ Disclaimer:
This analysis is for educational purposes only and does not constitute financial advice. Always conduct your own research and consult a licensed financial advisor before making any investment decisions.
US30 H4 - Long Signal US30 H4
Something like this would make sense for us on Dow Jones, we gapped up massively to start the week and we are still looking to continue higher, once the dust has settled, we can see where we are on US30 and which zones are in play. Hopefully we can gain something buy catching longs from this 42,300 price when it trades higher and retests again as support price.
We saw a big selloff Friday, dumping as much as 600 points in a single 4 hour period, seeing that move correct and sustaining would be a requirement for what we are after. The market gaps were no doubt significant, being in excess of 100 points.
Weekly Forex Forecast Oct 28th: S&P500, NASDAQ, & DOW This is the Weekly Forex Forecast for Oct 28 - Nov 1st.
The S&P500 and NASDAQ are neutral at the moment, but the trend is bullish. Patience will pay off if we wait for confirmations to bullish orderflow.
The DOW is looking weaker than the other two. It is clear the short term profit targets are to the sell side liquidity.
Check the comments section below for updates regarding this analysis throughout the week.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
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Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
US30 Analysis in Elliott Waves - Anticipated Correction ScenarioUS30 Analysis in Elliott Waves - Anticipated Correction Scenario :
Fibonacci extensions. This level often signals a potential reversal point, suggesting that a significant correction may be approaching in the short term.
We anticipate a possible correction towards Fibonacci levels, around 23% to 38% of the third wave. The end of this third wave has also formed an ending diagonal, reinforcing the likelihood of a pause or reversal in the trend.
Awaited Confirmation Signals
To confirm the potential for a correction, several technical signals are in place:
Divergences on MACD and RSI: A bearish divergence is present on these indicators, indicating a weakening of bullish momentum and increasing the likelihood of a trend reversal.
Break of the Trend Line: Although the market is still in an uptrend, the break of this trend line would provide final confirmation of the end of the third wave and the start of a deeper correction. Monitoring this break is crucial before entering short positions.
Price Action: On the weekly chart, a Bearish Engulfing pattern has already been observed, further supporting potential sell signals.
Price Targets
First Target (TP1): 38,418, a key support zone expected to serve as the initial correction target.
Second Target (TP2): After a minor bullish correction, we could aim for the 33,735 area as the final target of this downward phase.
After this anticipated correction, we’ll reassess the market to look for new buying opportunities if the bullish trend resumes.
XAU/USD : Bull or Bear ? (READ THE CAPTION)By analyzing the #Gold chart in the 30-minute timeframe, we can see that last night the price dropped to $2708. As I mentioned, due to the sharpness of this drop, I expected the liquidity gap created by the decline to be filled quickly. We saw the price rise from the $2708 demand zone up to $2739, and it is currently trading around $2736.
Pay attention to the $2732 to $2735 range, as it is a key demand zone. If the price can hold above this level, we will likely see further growth in gold. However, if this important support zone fails to hold back the decline, we could potentially see a further drop with the first bearish target at $2727.
In case of continued growth (Scenario 1), the targets will be $2739.5, $2741, $2743.5, $2748, and $2755, respectively.
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
Dow Jones (DJI) Primed for a Bullish Move – Fresh Long Entry!DOW JONES INDUSTRIAL (DJI) Technical Analysis:
In the 15-minute timeframe, Dow Jones Industrial (DJI) has signaled a fresh long trade entry at 42,406.00 with potential upside movement, supported by the break above the Risological dotted trendline.
Key Levels:
Entry: 42,406.00
Stop Loss (SL): 42,294.50
Target 1 (TP1): 42,543.81
Target 2 (TP2): 42,766.81
Target 3 (TP3): 42,989.81
Target 4 (TP4): 43,127.63
Observations:
The price has gained bullish momentum, with a clean break above the Risological trendline.
If momentum sustains, this trade could see all targets successfully hit.
A solid long trade entry is in play for DJI, with upside potential. The Risological dotted trendline serves as strong support, and if buyers maintain control, higher targets are likely to be reached.
Nik by Dl InvestHello community,
A little daily analysis in log scale, because I use the "Adaptive Trend Finder" and "Price Action Ultimate" indicator.
The channel is bearish.
I drew a Fibonacci retracement in log, to see if there is a golden zone.
If the theory works, we have a target around $90.62.
Nothing says that the title will rebound, change of CEO, so we can hope for change in a while.
Make your opinion, before placing an order.
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Average Range Levels + OHLC Statistical Mapping Short SetupMy bias for today was bearish.
My Bearish Model:
Entry: -Manipulation
Stop-Loss: 1/3ADR+
Take-Profit: -Distribution
If you have any questions and eventually wanna learn more about the tool and have chance to receive a discount code. Shoot me a dm.
DOW JONES: testing the 4H MA200 and is expected to rebound.Dow Jones is on a neutral 1D technical outlook (RSI = 48.958, MACD = 306.300, ADX = 31.951) as the Channel Up pulled back to almost test the 4H MA200 for the first time since the September 11th Low. This is basically the top of the support zone of the Channel Up and based on the 1D RSI, a strong buy candidate. We turn bullish, aiming at the 1.5 Fibonacci extension (TP = 43,900).
See how our prior idea has worked out:
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DOW JONES (DJI) Slides Through TP1 & TP2! Eyes Set on TP3 & TP4!Technical Analysis:
On the 15-minute timeframe, the Dow Jones (DJI) short trade has already successfully hit TP1 and TP2, confirming strong downward momentum. Price continues to trade below the Risological dotted trendline, suggesting that the bearish trend is likely to continue.
Key Levels:
Entry: 42,997.92
Stop Loss (SL): 43,161.50
Target 1 (TP1): 42,795.74 (Done)
Target 2 (TP2): 42,468.58 (Done)
Target 3 (TP3): 42,141.42 (Pending)
Target 4 (TP4): 41,939.24 (Pending)
Observations:
After breaking below the Risological dotted trendline, the Dow Jones showed significant selling pressure.
Price continues to respect the downward trendline, supporting the case for further declines toward the remaining targets.
With TP1 and TP2 already hit, the Dow Jones looks primed to move towards TP3 and TP4. Traders should continue to monitor the bearish momentum as the setup points toward more downside potential.
McDonald's CorporationHello,
Daily chart.
With a Fibonacci retracement, we arrive at the 0.382 zone.
The price is still above the 200-period simple moving average.
The chart shows the volume accumulation zones with the ranking.
A file to watch for me, but don't panic for now.
Make your opinion, before placing an order.
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US30 Breakout Setup – Targeting 43700 and 44000 US30 is showing strong bullish momentum with price holding above an ascending trendline,
I am currently seeing consolidation near a key resistance level if price breaks above 43346 it could signal a good buying opportunity,
I am targeting two main levels for take profit:
First target: 43700 (minor resistance).
Second target: 44000 (psychological level).
My Stop Loss is set just below 43000 to protect the trade, right under the 0.618 Fibonacci retracement and trendline support,
Trade Setup:
Buy Entry: Above 43346 on a confirmed breakout.
Stop Loss: Below 43,000 (protected by the Fib 0.618 level and trendline).
Take Profit 1: 43700
Take Profit 2: 44000
This setup has a strong risk reward profile and follows the ongoing bullish trend in US30, Watch for a strong breakout before entering the trade!
Best of luck!
Dow Jones 30-Minute Trade Targeting Key Liquidity ZoneCurrently, this 30-minute Dow Jones (US30) trade is focused on reaching the liquidity zone around 42,840. The price is trading near previous highs, and a fast move is anticipated from this level. Maintaining a strategic approach, we are closely monitoring this zone to confirm whether a breakout will occur or if the market will reject this liquidity level.
Technicals:
• The market has been ranging near previous highs, indicating a possible buildup of orders around this level.
• The price has shown consistent interaction with the FibCloud, suggesting institutional involvement.
• Current market structure points towards a possible bullish move if the liquidity zone is tapped, followed by a rapid price shift to the upside.
• A key resistance zone lies around 42,840, which will be the short-term target for this trade. If broken, this could lead to higher momentum.
Fundamentals:
• The market remains sensitive to macroeconomic factors such as interest rate updates and geopolitical tensions.
• Positive market sentiment has been bolstered by potential stimulus measures from both the US and international economic policies.
• The US Federal Reserve’s rate hike discussions and global monetary easing are contributing to volatility, impacting the broader market.
• Investor focus remains on earnings season reports and data releases such as the upcoming US jobless claims and inflation figures, which could shift market dynamics quickly.
This setup is poised for a quick move, depending on whether liquidity is tapped, leading to a potential sharp reaction.
Note: Please remember to adjust this trade idea according to your individual trading conditions, including position size, broker-specific price variations, and any relevant external factors. Every trader’s situation is unique, so it’s crucial to tailor your approach to your own risk tolerance and market environment.
Dow Jones - There Is A Lot More Upside!Dow Jones ( TVC:DJI ) is just starting the next bullish impulse:
Click chart above to see the detailed analysis👆🏻
The Dow Jones is anything but bearish and over the past couple of months, value stocks in general have actually been outperforming growth stocks significantly. I do expect all time highs on basically all major indices and the Dow Jones might even head for the $50.000 mark next.
Levels to watch: $50.000, $35.000
Keep your long term vision,
Philip (BasicTrading)
DOW JONES ahead of an huge rally based on the 2017 fractal.More than a year ago (September 13 2023, see chart below), we posted a long-term fractal comparison for Dow Jones (DJI) between the 2022 - 2025 and 2015 - 2018 periods:
As you can see the 1W MA50/100 Bullish Cross eventually placed the index on a huge rally (even though it had to go lower for a month) that hit Target 1 at 42000. The 1W RSI and MACD sequences in 2024 however evolved in such a how that we have to re-adjust the patterns in order to fit the 2017 price action.
The charts now display very symmetric fractals and it appears that we are now on a short-term consolidation (circle) after a +50% rise from the September 2022 bottom. In November 2017, that was the final consolidation before the most aggressive rally of the Bull Cycle that made Dow top and then pull back to test its 1W MA50 (blue trend-line).
As a result, we move our final target even higher at 49300, which represents a +71% rise from the 2022 bottom, similar to the rise that priced the January 2018 High.
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DOW JONES 1hour Channel Up on its bottom. Buy.Dow Jones / US30 is trading inside a Channel Up and the price hit its bottom today.
By doing so it almost tested the 1hour MA200, which is holding since October 9th.
Also it completed a decline identical in % terms with the first one of the pattern.
This is a strong buy opportunity. Buy and target 43,450 (top of the Channel Up).
Follow us, like the idea and leave a comment below!!
XAU/USD : $2700 Reached, What's Next ? (READ THE CAPTION)Upon reviewing the gold chart on the 4-hour timeframe, we can see that gold has finally managed to break above the $2700 level, just as we anticipated in our previous analysis. Currently, it is consolidating above this level. Note that the $2714 level is a key supply zone (based on important Fibonacci ratios) for gold, which is why the price reacted to it. However, at the moment, gold is trading around $2711, and I still expect further growth from gold unless I see otherwise on the chart, in which case I’ll update you. The next short-term targets for gold are $2727 and $2743.7. Keep an eye on how the price reacts to these levels. Also, the most important support zone for gold is between $2673 and $2688.7.
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
US30 (Dow Jones) Weekly Analysis Alert!🚨 US30 (Dow Jones) Weekly Analysis Alert! 🚨
📊 Resistance Zone: 43,500 - 44,000
📉 Reversal Point: 43,300
🎯 Target: 40,300
US30 is showing signs of a **potential fake breakout** near the 43,500 - 44,000 resistance level. A rejection here could lead to a **downward move**, with the next target around 40,300. Watch closely for a reversal near 43,300!
⏳ Keep your eyes on the RSI and momentum indicators for confirmation! This could be a **great shorting opportunity** if the price reverses.
#Trading #US30 #DowJones #StockMarket #TechnicalAnalysis #TradingOpportunities #TraderLife #StockMarketAnalysis #MarketTrends #InvestSmart
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S&P500, NASDAQ, & DOW JONES Weekly Outlook Oct 21The 3 Indices are in position to move higher. I am looking for buys setups, as my bias is bullish. My first targets are the PWHs, and potentially ATHs.
I've included some notes on how I project bullish targets above ATH's. Tell me what you think of it in the comments section.
Check the comments section below for updates regarding this analysis throughout the week.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.