Get started

Jones

US30 / Reached ATH, then downside or yet...Futures Inch Up with Focus on Interest Rates and Nvidia Results The price reached its all-time high as we anticipated yesterday before pulling back. The US30 is expected to consolidate between 41,345 and 41,030 until a breakout occurs. Stability above 41365 will support a rise towards 41760. Stability below 41365 will favor a decline towards 41030, with a move below this level indicating a bearish trend for the week. Key Levels: Pivot Line: 41180 Resistance Levels: 41365, 41450, 41720 Support Levels: 41030, 40810, 40480 Expected Trading Range Today: The price will likely fluctuate between support at 40800 and resistance at 41430. Trend: Bearish as long as the price remains below 41345. previous idea:
OANDA:US30USDShort
by SroshMayi
3
US30 4H / Continuation to 40030 and then...Equities Rise as Fed Minutes Indicate September Rate Cut Likely Current Technical Outlook: The trend suggests a potential upward movement as long as the price stays above 40,860. The market is expected to consolidate between 41,030 and 40,850 until a breakout occurs. Bullish Scenario: Stability above 40,850, could drive an increase toward 41,030, with further gains potentially leading to 41,345. Bearish Scenario: Should the price reverse and stabilize below the pivot line at 40,800, a bearish trend may emerge, targeting 40,480 and 40,320. Key Levels: Pivot Line: 40900 Resistance Lines: 41030, 41345, 41600 Support Lines: 40800, 40660, 40470 Expected Trading Range Today: The price is likely to fluctuate between support at 40800 and resistance at 41130. Trend: Upward movement.
OANDA:US30USDLong
by SroshMayi
3
Fed Minutes & Jackson Hole Speech Set Stage for Market Movement Market Outlook: Minutes from the Fed's July policy meeting are due later today, followed by Chair Jerome Powell's speech at the Jackson Hole economic symposium on Friday. Market participants expect Powell to hint at a potential rate cut in September, though any emphasis on persistent inflation could dampen investor sentiment. According to the CME's FedWatch tool, there is currently a 69.5% probability of a 25 basis-point cut and a 30.5% chance of a more aggressive 50 basis-point reduction. Current Technical Outlook: The trend suggests a potential upward movement as long as the price stays above 40,800. The market is expected to consolidate between 41,030 and 40,850 until a breakout occurs. Bullish Scenario: If the price trades above 40,850, it could drive an increase toward 41,030, with further gains potentially leading to 41,345. Bearish Scenario: Should the price reverse and stabilize below the pivot line at 40,800, a bearish trend may emerge, targeting 40,480 and 40,320. Key Levels: Pivot Line: 40860 Resistance Lines: 41030, 41345, 41600 Support Lines: 40700, 40500, 40330 Expected Trading Range Today: The price is likely to fluctuate between support at 40800 and resistance at 41130. Trend: Upward movement.
OANDA:US30USDLong
by SroshMayi
Bearish Trend Expected Below Key Resistance at 40420Technical Analysis: US30 The price has reached the resistance level of 40420, as mentioned in the previous analysis, and has since dropped, consolidating between 40060 and 40420. Current Outlook: The US30 is expected to decline as long as it trades below 40420, targeting 40060. A break below 40060 would suggest a continuation of the bearish trend. Bullish Scenario: For a bullish trend to be confirmed, the price needs to stabilize above 40420, with confirmation coming from a 4-hour candle closing above this level. Bearish Scenario: As long as the price trades below the resistance line at 40420, it is likely to test 40060. A break below 40060 would indicate a downtrend towards 39790. Key Levels: - Pivot Line: 40420 - Resistance Levels: 40640, 40580, 41050 - Support Levels: 40080, 39880, 39600 Today's Expected Range: The price is anticipated to fluctuate between the support at 40060 and the resistance at 40650. Previous Idea:
OANDA:US30USDShort
by SroshMayi
US30 / Historical Resistance Reached and New All-Time HighTechnical Analysis: Historical Resistance Reached and New All-Time High As mentioned in the previous analysis, the price has reached the historical resistance level of 41,030, stabilized above it, and recorded a new all-time high of 41,390, continuing its run towards 42,100. Current Outlook: The price is expected to correct to 41,030. Stability below this level would indicate a bearish trend. However, as long as the price remains above 41,030, the bullish trend will likely continue towards 42,100, especially with the strong impact of earnings on the market. Bullish Scenario: Stability above 41,030 suggests a continuation of the bullish trend towards 41,400 and 41,830. There is also the possibility of a retest of the 41,030 level. Bearish Scenario: The bearish trend will be activated if the price stabilizes below 41,030 and closes a 4-hour candle under this level. This would confirm a bearish move towards 40,420 and 40,005. Key Levels: - Pivot Line: 41,030 - Resistance Levels: 41,390, 41,500, 41,830 - Support Levels: 40,750, 40,450, 40,080 Today's Expected Range: The price is anticipated to fluctuate between the support at 40,080 and the resistance at 41,830. Previous Daily chart: previous weekly chart :
OANDA:US30USDLong
by SroshMayi
1
US30 /Critical Levels & Volume Signal Potential Bullish Breakout Technical Weekly Analysis: US30 (Dow Jones Industrial Average) A Short Outlook on the Previous Movement: The US30 has experienced a strong bullish trend, characterized by an ascending trend line that began around early 2023. The price saw significant gains until it reached a resistance level near 40,970.0, where it faced some consolidation and pullbacks. Recently, the price has been trading within a defined range, testing both support and resistance zones. Current Outlook: The current price of US30 is around 39,218.5, positioned near a critical pivot zone. The market is showing mixed signals, with potential for both bullish and bearish movements depending on the price action around key levels. Bullish Scenario: Key Trigger: A break and sustained move above 40,005.0. Targets: The immediate target would be the yearly resistance zone at 43,040.0. Confirmation: The breakout above 39,575, along with strong buying volume, would confirm the bullish continuation towards 40,005 and potentially higher. Bearish Scenario: Key Trigger: A failure to break above the pivot zone and a decline below the demand zone at 38,700.0. Targets: The price could drop towards the strong support zone at 36,460.0, and further down to 34,430.0 if bearish momentum continues. Confirmation: Sustained selling pressure and a close below 38,700 would confirm the bearish outlook. Key Levels: Pivot Line: 39,218.5 Resistance Levels: 40,005.0, 40,970.0, 43,040.0 (Yearly Resistance Zone) Support Levels: 38,700.0 (Demand Zone), 36,460.0 (Strong Support Zone & Breakout), 34,430.0 Expecting Weekly Range Movement: - The anticipated weekly range is between the support at 38,700.0 and the resistance at 40,970.0. A breakout in either direction would define the next significant move. Preferred Direction: - Given the strong historical bullish trend and the proximity to the pivot zone, the preferred direction leans towards bullish if the price can break and sustain above 40,005.0. However, caution is advised as the market could still face significant resistance. Summary: The US30 is currently at a critical juncture. A breakout above 40,005.0 would confirm a bullish continuation towards the yearly resistance zone at 43,040.0, while a failure to break this level and a decline below 38,700.0 would signal a bearish move towards 36,460.0 and potentially 34,430.0. Traders should closely monitor the price action around these key levels to determine the next major trend.
OANDA:US30USDLong
by SroshMayi
Volatility Expected Between Key Support and Resistance LevelTechnical Analysis: US30 The price has reversed from the resistance line at 39575 and has now reached a strong support line. Consequently, significant volatility is expected as the price oscillates between 39045 and 39410, a notably wide range. Current Outlook: The price is likely to touch 39045 before potentially pushing up again. Both scenarios should be carefully considered: Bullish Scenario: Stability above 39230 suggests a move towards 39410. However, if the price reaches the support line at 39045, it must stabilize above this level to maintain a bullish trend. Bearish Scenario: A bearish trend would be confirmed if the price breaks below 39045, targeting 38790, and potentially dropping further from there. Key Levels: - **Pivot Line:** 39230 - **Resistance Levels:** 39400, 39575, 39780 - **Support Levels:** 39045, 38790, 38600 ### Today's Expected Range: The price is anticipated to fluctuate between the support at 38790 and the resistance at 39410. In summary, maintaining stability above the pivot line at 39230 is crucial for a bullish outlook, with targets at 39410. Conversely, a break below 39045 would signal a bearish trend with a downside target at 38790.
OANDA:US30USD
by SroshMayi
US30 Poised for Bullish Surge: Key Levels and Scenarios to WatchTechnical Analysis: US30 After stabilizing above the pivotal zone at 39,410, the price has shifted towards a bullish trend. It appears poised for a retest of the 39,410 level, after which it is expected to resume its upward movement, provided it maintains stability above this pivot. Current Outlook: The price will likely attempt a retest of around 39,400. Should it stabilize above this price, the bullish trend is expected to continue. Bullish Scenario: Sustained stability above 39,410 will bolster the bullish trend, potentially driving the price towards 39,575, and further to 39,780. Bearish Scenario: A bearish trend would be confirmed if the price breaks below 39,410 and 39,350, with targets at 39,230 and 39,045. Key Levels: - Pivot Line: 39,410 - Resistance Levels: 39,575, 39,780, 40,050 - Support Levels: 39,230, 39,045, 38,790 Today's Expected Range: The price is anticipated to fluctuate between the support at 39,360 and the resistance at 39,790.
OANDA:US30USDLong
by SroshMayi
US30 Reaches Target, Eyes Key Support and Resistance LevelsTechnical Analysis: US30 The price has reached our target of 39360 after stabilizing above the previous support line at 39045. Current Outlook: The price may attempt a retest toward 39045 but should stabilize below 39400 and 39360. Bullish Scenario: For a bullish trend, the price needs to break above 39410, aiming for targets of 39575 and 39780. Bearish Scenario: Stability below 39360 will support a bearish trend toward 39230, and further decline to 39045. Key Levels: - Pivot Line: 39360 - 39410 - Resistance Levels: 39575, 39780, 40050 - Support Levels: 39230, 39045, 38790 Today's Expected Range: The price is expected to move between the support at 39045 and the resistance at 39575. previous idea:
OANDA:US30USDShort
by SroshMayi
1
US30 Bullish Momentum Continues with Key Support at 38,790 Technical Analysis: US30 The US30 index retested the 38,790 level and then surged approximately 150 points, continuing its upward momentum toward the 39,050 level. Bullish Scenario: As long as the price trades above 38,790, it will likely push up to 39,050. Bearish Scenario: If the price breaks below the support levels at 38,790 and 38,760, it could decline to 38,580. Sustained trading below this level may result in a further drop to 38,400. Key Levels: - Pivot Line: 38,790 - Resistance Levels: 39,050, 39,350, 39,700 - Support Levels: 38,580, 38,400, 38,290 Today's Expected Range: The price is expected to move between the support level at 38,760 and the resistance level at 39,050. In summary, maintaining a position above 38,790 supports a bullish outlook with higher resistance targets, while trading below this level indicates potential bearish movement towards lower support zones. Previous idea:
OANDA:US30USDLong
by SroshMayi
Dow Jones US30 - Lets attack ATH again!Hi Again, Today I am sharing opportunity for long positions just before much anticipated FOMC meeting tonight. Call it a risky trade, but if longing US30 now is risky, what the hell are currencies, gold and especially, NASDAQ and SPX doing ?? The plan is to attack 39700 area and break ATH. Who said 40000 Dow Jones is the limit? Stop loss up to you. Safe stop loss is in 38400 area and lower due to nature of this structure they built. Long now and lets talk tomorrow :) Good luck and play safe!
CAPITALCOM:US30Long
by AdiVV
US30 (Consolidation Zone )Technical Analysis The price is expected to consolidate between 38,790 and 38,580 until a breakout occurs. The bullish pressure remains, especially if the price can break above 38,790, indicating a move towards 39,050. Bullish Scenario: Stability above 38,790 will initiate a bullish trend, targeting 39,050. Breaking this level could lead to further gains, reaching up to 39,350. Bearish Scenario: If the price breaks below the support level at 38,580, it could decline to 38,400. Sustained trading below this level may result in a further drop to 38,050. Key Levels: - Pivot Line: 38,790 - Resistance Levels: 39,050, 39,350, 39,700 - Support Levels: 38,580, 38,400, 38,290 Today's Expected Range: The price is expected to move between the support level at 38,580 and the resistance level at 39,050.
OANDA:US30USD
by SroshMayi
US30 (Looks like bullish confirmation)Technical Analysis The price dropped and reached our weekly target of 38,050, as mentioned at the beginning of the week. Now, the price will likely attempt a retest up to 38,190 and 38,400 before potentially dropping again. The bearish trend will be activated by stability below 38,050, targeting 37,820. A bullish scenario will be triggered if the price breaks above 38,790, aiming for 39,050. Pivot Line: 38,675 Resistance Levels: 38,790, 39,050, 39,350 Support Levels: 38,410, 38,020, 37,820 Today's expected movement range is between the support level at 37,820 and the resistance level at 38,400. previous idea:
OANDA:US30USDLong
by SroshMayi
1
DOW JONES: Close to our Target. Is it a buy after?Dow Jones is almost oversold on its 1D technical outlook (RSI = 31.431, MACD = -279.330, ADX = 39.462) and is approaching our TP = 37,300 that we called nearly one month ago. The target will be a direct hit at the middle of the long term Channel Up and approach the 0.382 Fibonacci. As long as the 1D MA200 supports, we will then reverse to buying, at least on the short term, expecting a rebound to the 0.786 Fib (TP = 39,350) like on January 16th 2023. 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:US30Short
by InvestingScope
The whole market looks bullishBitcoin has a insane large descending triangle or wedge which already broke out from the upside and will have a bullish continuation until end of the year most likely. S&P, Dow, Nasdaq have all a large descendinge broadening wedge which is ultimately bullish. Momentum is being built up and we can foresee a sudden but steady rise as well. Gold has been hammering on the 2000 usd/ounce resistance for the 3th time, but might have a break out as well.. though it could have an averse effect if the stockmarket and cryptomarket turns bullish. Nothing more to say. Place your bets.
BITSTAMP:BTCUSDLong
by Wolverinos
DJ30 H4 | Potential pullback before bullish bounceDJ30 could fall towards a pullback support and potentially bounce off this level to rise towards our take-profit target. Entry: 37,665.45 Why we like it: There is a pullback support level Stop Loss: 37,247.85 Why we like it: There is a pullback support level Take Profit: 38,250.77 Why we like it: There is a resistance that aligns with the 161.8% Fibonacci extension level 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.
DLong
by VantageMarkets
DOW JONES 1st 1W Bullish Cross since 2016. Can we see 42k next?Dow Jones (DJI) is forming this week the first MA50 (blue trend-line) / MA100 (green trend-line) Bullish Cross (when the former crosses above the latter) on the 1W time-frame since September 2016 (assuming January/ February 2021 was flat due to the COVIC flash crash). This on its own is a major long-term buy signal, especially since the 1W MA50 has been supporting since March. As you can see the 2022 - 2023 price action is very similar to the 2015 - 2016 sequence. Both fractals started on a Bear Cycle under Lower Highs, which bottomed after marginally breaking below the 1W MA200 (orange trend-line). The new Bull Cycle was confirmed after the price broke above the Lower Highs trend-line and turned it into a Support being formerly a Resistance. The 1W MA50/100 Bearish Cross signified the bottom. Notice how even the 1W RSI and 1W MACD fractals are identical with their respective Higher Lows. It appears that Dow is currently past the initial Channel Down and on the Circle pattern, which in 2016 was the final consolidation before a hyper aggressive rally that topped in January 2018. Before that top it reached the 1.5 and 1.786 Fibonacci extensions. We treat the current pull-back as the last opportunity to buy this upcoming rally while the price is still that low. Having relatively low expectations, we expect to see at least 42000 (1.5 Fibonacci) by the end of Q1 - start of Q2 2024. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
TVC:DJILong
by TradingShot
8
D-JONES, Important Levels To Consider Next Times!Hello Traders Investors And Community, welcome to this update-analysis where we are looking at the DOW JONES Industry Index 4-hour timeframe perspective, the recent price-action, the current importances in the structure, what to consider next times and how to handle upcoming situations in the right manner. As the overall stock-market is recovering from its corona-breakdowns seen this year there are major indices which already filled important key-levels such as the huge gap in the SPX which I mentioned and now filled properly, the DOW is still below these levels and could possibly follow-up with its gap-fill. In this case I detected some important signals which can make this happen when the DOW moves correctly within its range, but this does not mean the market is comptletely bullish as the bear-market is still not confirmedly over bearish action can increase again as markets approaching solid supply zones. Looking at my chart you can watch there that the index just moved above its descending-channel-formation and formed this smaller ascending-channel-formation where it also moved above the upper boundary, these factors give an increased bullish pace within here and can indicate continuation to the upside which will be given when the index manages to travel above the last rising resistance of its channel as you can watch it in my chart, it is either possible to form a consolidation before doing this or a immediate breakthrough, a consolidation is more likely within this structure. When this properly plays out the index will look for the gap to be filled which will be crucial as this can be a point where supply enters the market as people taking profit and the price moves to the downside therefore it can also be considered a possible short-zone as you can watch it marked in my chart. It is highly important to take note that although the index sending some decent bullish signals at the moment it is still not confirmedly bullish not only because there are still remaining strong resistance-levels but also because there is still a huge difference between real economy and stock-market as stock-market is showing gains real economy is in a decline, to provide a healthy unspeculative market environment these two need definitely move together. When the index approaches the higher levels we need to elevate and be prepared for possible bearish signs as this will be crucial level where selling pressure can enter while many retailers rushed into the market to do not pass away the rally smart-money is still not fully in the market and in the sidelines this can be a indication for more bearish pressure assuming over the course of next weeks and months. In this manner, thank you for watching, support for more market insight and have a good day! “Forecast is a mixed fortune in todays market environment. ” Information provided is only educational and should not be used to take action in the markets
TVC:DJI
by VincePrince
1
DOWJONES (Critical movement)US30 last week was positive for DowJones and raised 2.25% so this week will move inside the circle which means will try to touch 34580 also and then will drop to reach 34260 however this week NFP will affect the market on Thursday and Friday and generally, 34170 is a strong support for this week and 34580 is a strong resistance pivot price: 34260 support price: 34170 & 34040 & 33950 resistance price: 34350 & 34465 & 34650 The movement range is between 34170 and 34580
U
by SroshMayi
2