US30 Short Setup: Riding the Retrace to Key Support Levels!Since the elections, traditional markets have been climbing to new highs, showcasing strong bullish momentum. However, I’m now eyeing a short opportunity on the Dow Jones (US30) as it retraces to key support zones around 44,400–44,500. This area appears to be a strong support zone, and my plan is to capitalize on the retracement for a potential long setup near the 44,000 price range.
Currently, US30 is trading below the FibCloud, suggesting room for a retrace to the 44,800 level before continuing lower. My strategy here is to profit from the retracement, then re-evaluate for a long trade based on market conditions near the support levels.
Key Levels:
• Support Zone: 44,300–44,500
• Resistance Zone: 44,800
• Take Profit: 44,440
• Stop Loss: Above 45,100
Market Outlook:
With tomorrow being a U.S. bank holiday, volume may vary significantly. I’ll closely monitor price action and market reactions for further confirmation. This trade aligns with the broader market behavior while taking advantage of shorter-term retracements.
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.
Downjones
US Markets Demonstrate Confidence Despite Election JittersThe US markets are currently demonstrating a bullish sentiment, despite concerns surrounding the upcoming election.
All major indices, including the S&P 500, NYSE Composite, and Nasdaq Composite, have formed a bullish Cup & Handle chart pattern and have subsequently broken to follow an upward trend.
While the S&P 500 and NYSE Composite have reached new all-time highs, the Nasdaq Composite is close to its highest peak, further reinforcing the positive market outlook.
'This overall bullish sentiment suggests that the upward trend in the US markets is likely to continue, even in the face of election-related uncertainties.
Dow Jones 10/10 MoveDow Jones - DJI
Description :
Bullish Channel as an Corrective Pattern in Short Time Frame and it has Breakout the Lower Trend Line , It will Complete its Retracement at Previous Strong Support or till its Lower Trend Line at Fibonacci Level - 61.80% / 78.60%
Entry Precautions :
Wait until it Rejects with Strong Bearish Price Action
DOWNJONES OverviewA few days ago, we've entered and hold 1st position around 3000 pips til now.
Technically the price is going to retrace to around buy zone that I marked and expect to completed the wave 4
Then go up to sweeps the BSL(Buy side liquidity) to formed wave 5 and the expected target will be around 35400 level
DJ30 H4 | Potential bearish reversal?Looking at the H4 chart, price is currently in our sell entry zone at 32523, which is an overlap resistance along with 38.2% Fibonacci retracement. Our take profit will be at 32268, which is an overlap support along with 38.2% Fibonacci retracement. The stop loss will be at 32862, which is slightly above the swing high resistance.
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SNP500 Bullish Short-Term Expectation Analysis This expectation is a framework to look for a potential trading setup; I recommend you to not just execute based on these levels. I always wait for confirmations on lower timeframes
Click on Boost (like) to support these free analyses!
This Analysis was done using my complete Strategy which includes:
- Smart Money Concepts
- Multi Timeframe Liquidity and Market Structure
- Supply And Demand
- Auction Theory
- Volume Analysis
- Footprint
- Market Profile
- Volume Profile
- Wyckoff
- Etc.
DJI - Mind The Gaps Because Pigs Get clappedThe Dow Jones is in a precarious spot and is going to be hard to call. I have been eyeing this upper gap for some time with an expectation of a fill, notably we created one today that is below us. The upper gap would clearly put us in line with a Santa Claus rally. I've been bearish forever and do expect the lower one to fill eventually. Not financial advice, DYOR
US30 Favoring Buys until PRZ is broken!Price sitting at the demand level that created the BOS, i'm favoring buys here until we get a solid break/candle close below the PRZ then i'll look for retests and short opportunities down towards the DL!
Let me know your thoughts!
dow jones in 15min take the chancedear traders and investors dow jones finlly breaking this trend line as support i expect to sell dow jones and target will be in 32785
US30Hello Traders Welcome back to another profit day
If you like my idea please give me a like and comment, That's will be a great appreciation to do more predictions
Here is the full analysis for this pair, Let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
US30 view with smart money concept
Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts.
The information given is not a Financial Advice.
Please support this idea with a like, if you find it useful
have a good profit day guys
US30Hello Traders Welcome back to another profit day
If you like my idea please give me a like and comment, That's will be a great appreciation to do more predictions
Here is the full analysis for this pair, Let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
US30 view with smart money concept
Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts.
The information given is not a Financial Advice.
Please support this idea with a like, if you find it useful
have a good profit day guys
1M DJI: Uh-Oh... looks bad.. As above.
Printing bad news all around.... MACD on 1M likely getting ready to cross with big dump ahead would be my guess.
MACD on 1W also looks like it will head into NEGATIVE territory as well. Bearish divergence on RSI for 1W and 1M charts been going on for quite some time to boot.
Rounded top forming.
Next large gap fill down to 30K in near term looks likely.
Cash is king again... except for that inflation thingy going on.
Will follow.
Good luck traders.
Rejecting Previous Weekly LowUS30 - Previous weekly low is holding and price has broken momentum, I'm looking for a retest back into the demand zone that broke momentum on the LTF before potentially taking this long, we have trapped liquidity that needs to be swiped along with plenty of imbalance!
Let me know your thoughts!
* Disclaimer **
These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only.
SELL US30 EASYEASY PIPS NEW YORK REVERSAL , looking to sell in an institutional supply zone on new york time