US30
DOW JONES starting a bullish streak to 48500.Dow Jones / US30 is trading inside a Channel Up since August 2022 and is right now on the 3rd straight green 1week candle.
Even though it is approaching the top of this 2.5 year pattern, the upcoming Bullish Cross on the 1week MACD indicates that the rally that is starting could be of a similar magnitude like November 2023 and October 2022.
Consequently, we expect this to reach at least the 2.0 Fibonacci extension on a diverging Channel Up.
Target 48500.
Previous chart:
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US30 - Make or Break zone!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 US30 is currently retesting its all-time high at $45,000.
🏹For US30 to enter the price discovery phase and reach new ATHs, an 4H candle close above $45,000 is required.
📉On the other hand, if the last major low marked in red is broken downward, a deep correction towards the orange support would in play.
For now, we wait! ⏱️
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. This helps me cover the cost of providing regular insights.
US30 Forecast: Bullish Continuation or Pullback? Key Levels& GDPUS30 Technical Analysis
The price has reached the resistance level at 44,920 and is currently attempting to break above it, aiming for 45,100 and potentially setting a new all-time high (ATH).
Today’s GDP release is expected to significantly impact the market. Given the high expectations surrounding the report, the bullish trend may continue under strong upward pressure.
A 1-hour candle close above 44,920 could pave the way for 45,100 and 45,320.
Conversely, if the price remains below 44,760, a bearish move could be supported, targeting 44,610 and 44,410.
Key Levels
Pivot Point: 44920
Resistance Levels: 45100, 45320, 45550
Support Levels: 44760, 44410, 44160
CHFJPY Symmetrical Triangle Pattern AnalysisCHFJPY is currently trading at 170.100, with a target price set at 165.000. The trade setup suggests a potential gain of over 500 pips if the price reaches the target. A symmetrical triangle pattern has been identified on the chart, a common technical pattern indicating consolidation before a breakout. In this case, the breakout has already occurred to the downside, signaling a bearish trend. Traders often expect strong momentum after a confirmed breakout, reinforcing the probability of price decline. The target of 165.000 is likely based on measured move calculations from the triangle pattern. Risk management strategies, such as stop-loss placement, are crucial to mitigate potential reversals. Fundamental factors like central bank policies or economic events could influence the trade’s outcome. If selling pressure continues, the price may reach the target faster than anticipated. Monitoring key support and resistance levels will help assess trade validity.
Dow Jones 30 is near its all-time high. Can we create a new one?Can the Fed help the MARKETSCOM:US30 move a bit further north and establish a new all-time high? There is a possibility for that, however, we need to wait for the Fed press conference, when market volatility may increase significantly. That said, let the market settle and we can see what we can do. Check the video for more details.
TVC:DJI
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AUD/JPY Bearish Pennant Breakout and 500+ Pips TargetAUD/JPY represents the Australian Dollar against the Japanese Yen in the forex market. The current price is 96.800, with a target price of 86.000, indicating a strong bearish outlook. The expected price drop suggests a potential gain of 500+ pips if the trade moves as predicted. The analysis is based on the bearish pennant pattern, a continuation pattern signaling potential further downside. The price is currently consolidating within the pennant, awaiting a breakout. A bearish breakout would confirm strong selling pressure, leading to a sharp decline. Traders anticipate a drop toward the 86.000 level once the breakout occurs. This setup aligns with technical analysis, where pennants often lead to significant price movements. If the breakout is confirmed, momentum could accelerate the decline. Risk management is crucial, as false breakouts can occur.
DOW JONES close to a rejection. See where to buy & target 47000.Dow Jones (DJI) gave us the most optimal buy entry on our previous call (January 09 2025, see chart below), as we bought right below the 4H MA200, which was the bottom of the 1-year Channel Up, and on minimum risk it hit our 45000 Target:
The price is currently about to break above Resistance 1. As this chart shows, every time a sub-1D MA50 (blue trend-line) rebound broke above a Resistance 1 level, it was only on a marginal note and then corrected back to the 1D MA50.
The two notable examples where August 30 2024 and May 20 2024. After the correction bottomed and the bullish trend was resumed, the rebound that followed reached the 1.5 Fibonacci extension, making a roughly +8.50% rise from the Low.
This indicates that the next Higher High of the Channel Up should be a little over 47000 and that will be our Target after we catch that 1D MA50 pull-back entry.
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Dollar Index Bullish to $111.350 (UPDATE)The Dollar has melted down to our second POI, down to $107 & so far has bounced back up. It is possible that price might still drop a little lower, but overall I expect the Dollar to turn bullish again.
We've seen Wave 4 correction complete, followed by a 'BOS' above Wave 3 high confirming the bull run will continue. Retest of supply zone completed, now time for the move up to continue📈
US30 - 15 min ( Best Buy & Sell Scalping After Break Out ) The analysis of the US30 index on the 15-minute time frame indicates a bearish sentiment following the breach of key levels, specifically the 44820 and 44620 areas, accompanied by significant trading volume. Such conditions suggest a potential downward trend, underscoring the importance of precise opportunities rather than mere numerical assessments in trading strategies. This approach aligns with our commitment to delivering the most accurate market analysis.
"⚡️US30 / FXCM
Best Break Our / Key level's 15m Tf
🚨Bearish After Break key level + High Volume / 44820 Area
🚨Bearish After Break key level + High Volume / 44620 Area
⚡️ We Only Sent Most Accurate Opportunity and Analysis 💲 Not by Number ..+
US30 Hits Key Supply Zone: Bullish or Bearish Break Ahead?US30 Technical Analysis
The price has reached a key supply zone, a strong resistance area between 44750 and 44925. Breaking above this zone will turn the Dow Jones into a bullish area, potentially setting a new high around 45500.
Currently, the market is reacting within this zone. The next 4-hour candle needs to stabilize below 44750 to confirm a bearish move.
Alternatively, closing a 4-hour or 1-hour candle above 44760 will support a bullish move toward 44930. Breaking above 44925 will further confirm the bullish trend, targeting 45100.
Key Levels
Pivot Point: 44760
Resistance Levels: 44920, 45100, 45500
Support Levels: 44610, 44410, 44240
Previous idea:
US30 - 15 min ( Sell Scalping After Break )The analysis of the US30 index on the FXCM platform indicates a significant bearish trend following the breach of a key level, particularly in the 15-minute time frame. A noteworthy high volume was observed around the 44,610 mark, further reinforcing the bearish sentiment. This assessment is grounded in precise opportunities and thorough analysis rather than mere numerical evaluations, ensuring that stakeholders are well-informed of the current market dynamics.
⚡️US30 / FXCM
Best Break Our / Key level's 15m Tf
🚨Bearish After Break key level + High Volume / 44610 Area
⚡️ We Only Sent Most Accurate Opportunity and Analysis 💲 Not by Number ..+
US30 Will Grow! Long!
Please, check our technical outlook for US30.
Time Frame: 8h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 44,032.57.
Taking into consideration the structure & trend analysis, I believe that the market will reach 44,606.36 level soon.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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DOW JONES: Channel Up rebounding on the MA50 (4h).Dow Jones is trading inside a Channel Up which hit today its MA50 (4h).
That was right at the bottom of the Channel Up, which is a strong buy signal.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 45400 (+3.86% rise like the previous Leg).
Tips:
1. The RSI (4h) is also rebounding in a similar manner as the January 13th low.
Please like, follow and comment!!
Notes:
Past trading plan:
US30 - 15 min ( Sell Scalping Target Range 180 PIP )In the context of trading the US30 on the FXCM platform, we identify a critical bearish reversal key level situated in the 44580 area, characterized by high trading volume on the 15-minute timeframe. It is imperative to note that our analyses are grounded in accuracy rather than numerical data alone. We prioritize delivering the most precise trading opportunities tailored to enhance decision-making for our clients.
DOW JONES: Absorbing tech sector's losses.Dow Jones remains heavily bullish on its 1D technical outlook (RSI = 63.633, MACD = 251.980, ADX = 35.788) and in contrast with Nasdaq's heavy losses, which is rattled by DeepSeek, it is rising. It seems that industrial stocks are absorbing quite a significant portion of tech's losses. Dow's long term Channel Up pattern remains intact and last week's crossing over the 1D MA50 and the bearish wave, confirmed that we are at the start of the new bullish wave. Based on the HL of the 1D RSI that was completed on the January 10th bottom, we draw strong comparisons with the October 27th 2023 bottom. If the index holds the 1D MA50, we expect the next high to be at 48,000 and after a pullback, complete the wave by May on a +20.75% rise (TP = 50,500), same as the increase of the 2024 bullish wave.
See how our prior idea has worked out:
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US30 - 15 min ( Scalping Sell Trade Target Range 150 PIP ) The 15-minute time frame analysis of US30 on the FXCM platform identifies a critical bearish reversal key level at the 44,400 area, characterized by high trading volume. This level serves as a significant threshold for potential market movements, indicating a possible shift in sentiment. Traders should closely monitor this zone for further confirmation of reversal patterns, as it may present strategic opportunities for engagement in the market.
⚡️Us30 / FXCM
Best Break Our / Key level's 15m Tf
🚨Bearish Reversal key level + High Volume / 44400 Area
Watching Market for this week. - US30Observations:
Price and Bollinger Bands:
The US30 is trading near the upper Bollinger Band, which often signals potential resistance. It may indicate an overbought condition in the short term.
RSI:
The RSI is at 69.70, nearing overbought levels (70+). This suggests the potential for a reversal or a pullback.
MACD:
The MACD is above the signal line, showing bullish momentum, but the histogram seems to be flattening, which could indicate a weakening trend.
Decision Points:
Buy:
Enter a buy position if the price breaks above 44,570 (upper Bollinger Band) with strong volume, confirming bullish momentum.
Sell:
Consider selling if the price rejects the resistance around 44,570 or if the RSI crosses back below 70, signaling a reversal.
Recommendation:
Short-Term Outlook: Watch closely for a rejection or confirmation at the upper Bollinger Band. Based on current indicators, a slight pullback seems more likely.
Place stop-loss orders appropriately to manage risk, regardless of your choice.
Suggested Entry and Exit Levels
Sell Setup:
Entry Point (Short Sell):
If the price rejects 44,570 (upper Bollinger Band) or shows a bearish candle pattern near this resistance.
Take Profit Levels:
Target 1: 44,000 (midpoint of the Bollinger Bands).
Target 2: 43,800 (lower Bollinger Band).
Stop Loss:
Place the stop-loss slightly above 44,600 to avoid getting stopped out by minor volatility above resistance.
Buy Setup:
Entry Point (Buy):
Enter on a breakout above 44,570, with a confirmation candle closing above it (e.g., a strong bullish candle).
Take Profit Levels:
Target 1: 44,700 (short-term resistance based on the next round number).
Target 2: 45,000 (psychological level and likely resistance).
Stop Loss:
Place the stop-loss below 44,400, slightly under recent support, to limit risk.
Additional Risk Management Tips:
Position Size: Adjust based on your risk tolerance (e.g., no more than 1-2% of your account balance per trade).
Volume Confirmation: Use higher volume to confirm breakouts or rejections.
Follow for more ideas.
Bearish reversal?Dow Jones (US30) is reacting off the pivot and could drop to the 1st support.
Pivot: 44,527.60
1st Support: 43,330.76
1st Resistance: 46,048.47
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.
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Gold 1H Intra-Day Chart 26.01.2025After this week's huge pump, I do believe Gold will be hitting $2,800+ soon. There's 2 ways in which it'll happen;
Option 1: Price consolidates around CMP, trapping in new sellers before it shoots up.
Option 2: We see a downwards retracement towards $2,720 before price recovers up again in February.
US30/DJ30 "DOW JONES INDUSTRIAL AVERAGE" Bullish Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
Dear Money Makers & Robbers, 🤑 💰
Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the US30/DJ30 "DOW JONES INDUSTRIAL AVERAGE" Indices market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. Be wealthy and safe trade.💪🏆🎉
Entry 📈 : You can enter a Bull trade at any point,
however I advise placing Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest.
Stop Loss 🛑: Using the 3h period, the recent / nearest low or high level.
Goal 🎯: 44600.0 (or) escape Before the Target.
Scalpers, take note 👀 : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
Warning⚠️ : Our heist strategy is incompatible with Fundamental Analysis news 📰 🗞️. We'll wreck our plan by smashing the Stop Loss 🚫🚏. Avoid entering the market right after the news release.
Fundamental Outlook 📰🗞️
The US30/DJ30, also known as the Dow Jones Industrial Average (DJIA), is a stock market index that represents the 30 largest and most widely traded companies in the US. The index is a widely followed benchmark for the overall health of the US stock market.
CURRENT MARKET SENTIMENT:
The current market sentiment for the US30/DJ30 is bullish, with the index trading near its all-time highs. The US economy is strong, with low unemployment and steady GDP growth. However, there are concerns about the impact of trade tensions and rising interest rates on the economy.
UPCOMING NEWS:
US GDP Growth Rate: The US GDP growth rate for the second quarter is expected to be released on Friday, with expectations of a 2.0% growth rate.
US Non-Farm Payrolls: The US non-farm payrolls for July are expected to be released on Friday, with expectations of 180,000 new jobs added.
US Unemployment Rate: The US unemployment rate for July is expected to be released on Friday, with expectations of a 3.6% unemployment rate.
Federal Reserve Interest Rate Decision: The Federal Reserve is expected to announce its interest rate decision on Wednesday, with expectations of a 25 basis point rate cut.
Strong US Economy:
Low unemployment rate
Steady GDP growth
Increase in consumer spending
Improvement in business confidence
Monetary Policy:
Federal Reserve adopts a dovish tone
Interest rates are cut or remain low
Increase in money supply
Stimulative monetary policy
Fiscal Policy:
Government implements expansionary fiscal policies
Increase in government spending
Tax cuts or reductions
Infrastructure investments
Earnings Growth:
Strong corporate earnings growth
Increase in revenue and profitability
Positive guidance from companies
Beat of analyst estimates
Valuations:
Attractive valuations compared to historical averages
Low price-to-earnings ratio
High dividend yield
Undervalued stocks
Technical Indicators:
MACD line crosses above the signal line
RSI (14) falls below 30 and then rises back above it
50-period Moving Average (MA) crosses above the 200-period MA
Price closes above the 50-period MA
Bullish chart patterns, such as a head and shoulders or a inverse head and shoulders
Sentiment Analysis:
Bullish sentiment among traders and investors
Increase in long positions
Decrease in short positions
Put-call ratio falls below 1.0
Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions.
Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan.
Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly.
💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀
I'll see you soon with another heist plan, so stay tuned 🫂