Could the Dow Jones be bullish?
Hi Dears
I think the Dow Jones will continue to move higher in the coming months and the target indicated in the image will occur when the candles can break the orange line.
You can see an order gathering area in the image that looks like it could gather buy orders and be ready to fly to the target.
Do you think this could happen?
US30
us30 - 15 min ( Buy Scalping Target Range 400 PIP ) ⚡️US30 / FXCM
Best Break Our / Key level's 15m Tf
The analysis of the US30 index, as provided by FXCM, indicates a significant bullish reversal at the key level of 43,620 points based on 15-minute time frame observations. This reversal is further underscored by a notable increase in trading volume, suggesting a robust market sentiment. Our approach emphasizes delivering precise opportunities and thorough analyses rather than mere numerical data, ensuring that clients are well-informed to make sound investment decisions.
🚨Bullish Reversal Out key level + High Volume / 43620 Point
⚡️ We Only Sent Most Accurate Opportunity and Analysis 💲 Not by Number ..+
Market Analysis: US30USD and Trump’s Presidential InaugurationMarket Analysis: US30USD and Trump’s Presidential Inauguration
Overview of US30 (Dow Jones Industrial Average)
The US30USD (Dow Jones Industrial Average) represents 30 of the largest and most influential companies in the United States. Its performance is often used as a barometer for the overall health of the US economy and investor sentiment.
Key Reasons Why US30 May Rally Today
1. Trump’s Inauguration and Pro-Business Policies:
• With Trump being inaugurated as president, market participants are anticipating a renewed focus on pro-business and growth-oriented policies.
• Historically, Trump’s presidency has been associated with corporate tax cuts, deregulation, and infrastructure spending, all of which boosted the markets during his first term. Investors are pricing in similar expectations.
2. Market Optimism and Speculative Rally:
• Political transitions often spark short-term speculative moves, especially when aligned with positive sentiment regarding economic growth.
• Increased investor confidence in the potential for fiscal stimulus and business-friendly legislation is likely driving buying pressure on the US30.
3. Technical Breakout on the Chart:
• The US30USD recently broke above a key descending trendline, signaling a shift from bearish to bullish momentum.
• The index has also formed a higher low pattern, suggesting buyers are stepping in at stronger levels, creating upward momentum.
4. Increased Volatility and Volume:
• The chart shows rising trading volume, which typically confirms stronger price movements.
• The Stochastic Oscillator indicates the market is approaching neutral or oversold levels, suggesting room for further upward movement without hitting overbought territory.
5. Sector-Specific Gains:
• Key sectors like financials, industrials, and technology are likely to benefit from anticipated pro-business policies, driving gains in major components of the US30.
Potential Upside Targets
• Immediate Resistance: 43,750
• If this level is broken, the next target will be 44,000, which aligns with previous resistance zones.
• Support Levels:
• Strong support is located at 43,400, providing a safety net for any minor pullbacks.
Risks to Watch
• Unexpected Announcements: Any policy announcements deviating from pro-business expectations could temper gains.
• Global Factors: Macroeconomic risks, such as geopolitical tensions or unexpected Federal Reserve actions, could impact market sentiment.
Conclusion
The US30USD is positioned for an upward move today, supported by technical bullish signals, increased optimism around Trump’s pro-business policies, and market momentum. Investors and traders should monitor key resistance and support levels closely while leveraging today’s rally for potential short-term gains.
US30 Analysis: Breakout Confirmed with Possible Correction AheadUS30 Technical Analysis
The price has broken the previous resistance level at 43,350, as mentioned earlier, and has reached all bullish targets.
Now, a price correction is expected, potentially dropping to 40,450 or 43,350, before pushing upward toward 43,760.
To confirm a bearish trend, the price must break below 43,350 by closing a 1-hour candle, which could lead to a move toward 43,210. Falling below this level would signal further bearish momentum.
Key Levels:
Pivot Point: 43,440
Resistance Levels: 43,760, 43,900, 44,270
Support Levels: 43,350, 43,210, 42,920
previous idea:
Bearish reversal off overlap resistance?Dow Jones (US30) is reacting off the pivot which has been identified as an overlap resistance that aligns with the 50% Fibonacci retracement and could drop to the pullback support.
Pivot: 43,330.76
1st Support: 41,777.16
1st Resistance: 44,327.75
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Dollar Index Bullish to $111.350!While many people are turning bearish on the Dollar right now & targeting long term downside targets, I remain bullish on the DXY in the mid term. We have 2 zones from where bullish momentum will continue👇🏻
Zone 1: Current Market Price @$109📈
Zone 2: Supply Zone @$107-106📈
US100 Trade LogMarket Context:
- The CPI session’s top wick aligns with a 4H FVG rejection , signaling a high-probability short setup. Oscillators confirm exhaustion, supporting bearish momentum.
Trade Parameters:
- Risk-to-Reward Ratio: 1:2 minimum .
- Base Risk: 1% account risk for initial positions.
- Additional Risk: Two half-contract size positions added, bringing total risk to between 1% and 2% to capture extended targets if price runs higher.
Missed Entry:
- Ideal short entry at the 0.5 level of the FVG , confluenced with the daily Kijun resistance. Hesitation led to a missed opportunity.
Retracement Importance:
- Small retracements, while frustrating, are necessary to sustain upside momentum. They provide clean re-entry points for continuation trades.
Conclusion:
- Strategic use of added risk positions and focusing on high-probability zones like FVGs and Kijun levels is crucial for optimizing profits.
US30 Will Go Down! Sell!
Here is our detailed technical review for US30.
Time Frame: 9h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 43,233.41.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 42,564.96 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
Like and subscribe and comment my ideas if you enjoy them!
US30 - 15 min ( Sell Scalping After Break Targe Range 300 PIP )Introduction to US30 Analysis: This document aims to provide an insightful analysis of the US30 index, utilizing the 15-minute time frame to identify key breakout levels and bearish trends.
Key Level Identification: The primary focus is the critical breakout level at 43,110 points, which serves as an important indicator of market sentiment.
Market Sentiment: A bearish outlook is projected following the breach of the key level, corroborated by high trading volume, indicating a potential downward trend.
Trade Recommendations: Traders are advised to closely monitor price action around the identified key level to capitalize on potential short-selling opportunities.
Emphasis on Accuracy: Our analysis prioritizes precision over volume, ensuring that only the most accurate opportunities are conveyed to our clients.
Conclusion and Guidance: Continued vigilance and adherence to this analysis are recommended to navigate market movements effectively and maximize investment potential.
⚡️US30 / FXCM
Best Break Our / Key level's 15m Tf
🚨Bearish After Break Out key level + High Volume / 43110 Point
⚡️ We Only Sent Most Accurate Opportunity and Analysis 💲 Not by Number ..+
US30 Gain as Bank Earnings Impress Inflation Report in SpotlightFutures Rise on Strong Bank Earnings; Inflation Data in Focus
Strong quarterly earnings from major Wall Street banks lifted U.S. stock index futures on Wednesday, with investors eagerly awaiting a key inflation report due later in the day.
US30 Technical Analysis
The price has reached the resistance level at 42770 and is expected to consolidate between 42770 and 42590 until a breakout occurs. Volatility is anticipated during the CPI release:
If the CPI exceeds 2.9%, bearish pressure may drive the price down to 42380.
If the CPI comes in below 2.9%, bullish momentum could push the price toward 42930 and 43210.
Key Levels
Pivot Point: 42770
Resistance Levels: 42910, 43170, 43350
Support Levels: 42590, 42400, 42130
US30 Breakout And Potential RetraceHey Traders, in today's trading session we are monitoring US30 for a buying opportunity around 42900 zone, Dow Jones was trading in a downtrend and successfully managed to break it out. Currently is in a correction phase in which it is approaching the retrace area 42900 support and resistance zone.
Trade safe, Joe.
US30 I Bullish continuation but opportunity for pullbackWelcome back! Let me know your thoughts in the comments!
** US30 Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
Gold 1H Intra-Day Chart 15.01.2025Gold has started the year of really bullish. But I see this as a liquidity grab, so my next step would be to look for shorting zones.
Option 1: Shorting at current market price towards $2,650.
Option 2: Once price reaches $2,650, next target would be $2,620 or a small retracement back up towards $2,680.
DOW JONES Falling Wedge to break upwards soon.Dow Jones is trading inside a Falling Wedge.
Right now it is on the MA50 (4h) after rising on a bullish wave to the pattern's top.
The pattern is very close to be completed and Falling Wedges tend to break to the upside once completed.
Trading Plan:
1. Buy on the next pull back.
Targets:
1. 43500 (under the 2.0 Fibonacci extension).
Tips:
1. The RSI (1d) is on higher lows, i.e. a bullish extension since December 18th. Sign that a bullish break out is ahead.
Please like, follow and comment!!
Notes:
Past trading plan:
"Analyzing the Dow Jones Chart: Current Market in a Trading RangCurrently, the Dow Jones is exhibiting a trading range pattern, as seen on the chart. The price is consolidating between key support and resistance levels, indicating indecision in the market. According to my trading plan, it is essential to remain patient and wait for a clear breakout or breakdown from this range to confirm the next directional move.
Key Observations:
The market is respecting the boundaries of the trading range.
No significant trend is currently forming, suggesting potential opportunities after a breakout.
Maintaining discipline and waiting for confirmation is crucial to avoid premature entries.
I'll monitor the price action closely for any signs of a breakout above resistance or a breakdown below support to align with my strategy. For now, patience is key.
US30 - 15 min ( Buy Scalping Trade After Break 42150 ) The analysis of the US30 index on the FXCM platform indicates a bullish trend following the breakout of a key level at 42,150 points, accompanied by high trading volume. This development suggests a significant opportunity for traders, as our focus remains on delivering precise and accurate market insights rather than mere numerical data. It is essential for investors to remain vigilant and capitalize on these pivotal moments in the market.
⚡️US30 / FXCM
Best Break Our / Key level's 15m Time Frame
🚨Bullish after Break Out key level + High Volume / 42150 Point
⚡️ We Only Sent Most Accurate Opportunity and Analysis 💲 Not by Number ..+
DOW JONES: contact with the 4 month Support Zone. Strong hold.Dow Jones approached the oversold limit today on its 1D technical outlook (RSI = 38.566, MACD = -404.260, ADX = 33.712) as it hit the S1 Zone, which is in effect since late September 2024. The last test of this Zone (November 4th 2024) also coincided with the 4H RSI getting oversold (under 30.000) and the price was also trading inside a Channel Down. By early next week, we expect the index to initiate a similar rebound, aiming at the 0.786 Fibonacci level (TP = 44,300).
## If you like our free content follow our profile to get more daily ideas. ##
## Comments and likes are greatly appreciated. ##
Bearish drop off pullback resistance?DJ30 is rising towards the resistance level which is a pullback resistance that aligns with the 50% Fibonacci retracement and could drop from this level to our take profit.
Entry: 42,400.11
Why we like it:
There is a pullback resistance level that aligns with the 50% Fibonacci retracement.
Stop loss: 42,712.31
Why we like it:
There is a pullback resistance level that is slightly above the 61.8% Fibonacci retracement.
Take profit: 41,786.49
Why we like it:
There is a pullback support level.
Enjoying your TradingView experience? Review us!
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.