DOW JONES (US30): Bullish Reversal Confirmed?!
Dow Jones finally looks strong.
I see a high momentum bullish candle after
a confirmed liquidity grab below the underlined demand zone.
I expect up move at least to 41750 resistance.
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Us30signals
DOW JONES INDEX (US30): Pullback From Resistance
Dow Jones Index looks bearish after a test of a key daily/intraday resistance.
An inverted cup & handle pattern on that on an hourly and a strong
intraday bearish momentum this morning leaves clear bearish clues.
I think that the market can retrace at least to 41580 support.
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US30/DJ30 "Dow Jones Industrial Average" Indices 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 and short entry. 🏆💸Be wealthy and safe trade.💪🏆🎉
Entry 📈 :
"The loot's within reach! Wait for the breakout, then grab your share - whether you're a Bullish thief or a Bearish bandit!"
Buy entry above 44,660.0
Sell Entry below 43,800.0
Stop Loss 🛑:
Thief SL placed at 44,100.0 (swing Trade) for Bullish Trade
Thief SL placed at 44,100.0 (swing Trade) for Bearish Trade
Using the 2H period, the recent / nearest low or high level.
SL is based on your risk of the trade, lot size and how many multiple orders you have to take.
Target 🎯:
-Bullish Robbers TP 46,200.0 (or) Escape Before the Target
-Bearish Robbers TP 42,600.0 (or) Escape Before the Target
📰🗞️Fundamental, Macro, COT, Sentimental Outlook:
US30 / DJ30 "Dow Jones Industrial Average" Indices market is currently experiencing a Neutral trend (there is a higher chance for Bullish)., driven by several key factors.
🟣 Fundamental Analysis
- Earnings Growth: The Dow Jones 30 (DJ30) companies have reported strong earnings growth, with an average increase of 10% in the last quarter.
- Dividend Yield: The DJ30 has a dividend yield of 2.1%, which is relatively attractive compared to other asset classes.
- Valuation: The DJ30 is trading at a price-to-earnings (P/E) ratio of 18.5, which is slightly above its historical average.
⚪ Macro Analysis
- Interest Rates: The US Federal Reserve has kept interest rates steady, which is positive for equities.
- Inflation: Inflation remains under control, with the Consumer Price Index (CPI) increasing by 2.3% in the last year.
- GDP Growth: The US GDP growth rate is expected to slow down to 2.1% in 2023, which is still positive for equities.
🔴 Sentimental Analysis
- Trader Sentiment: 55% of traders are bullish on DJ30, while 30% are bearish and 15% are neutral.
- Investor Sentiment: The AAII Investor Sentiment Survey shows that 44.5% of investors are bullish, while 24.5% are bearish.
- Hedge Fund Sentiment: Hedge funds have increased their long positions in DJ30, with a net long exposure of 25%.
🟠 COT Analysis
- Non-Commercial Traders: Net long 35,019 contracts (Increase of 5,011 contracts from last week)
- Commercial Traders: Net short 25,011 contracts (Decrease of 2,011 contracts from last week)
- Leverage: Average leverage used by traders is 8:1
🟡 Institutional Traders
- Goldman Sachs: Net long 20,109 contracts (Increase of 3,011 contracts from last week)
- Morgan Stanley: Net long 15,011 contracts (Decrease of 1,011 contracts from last week)
- JPMorgan Chase: Net long 18,011 contracts (Increase of 2,011 contracts from last week)
🟢 Hedge Funds
- Bridgewater Associates: Net long 30,109 contracts (Increase of 5,011 contracts from last week)
- BlackRock: Net long 25,011 contracts (Decrease of 2,011 contracts from last week)
- Vanguard: Net long 20,011 contracts (Increase of 3,011 contracts from last week)
🟤 Overall Outlook
Based on the analysis, the DJ30 (US30) is expected to move in a bullish trend, with a 60% chance of an uptrend and a 30% chance of a downtrend. The remaining 10% chance is for a neutral trend.
⚠️Trading Alert : News Releases and Position Management 📰 🗞️ 🚫🚏
As a reminder, news releases can have a significant impact on market prices and volatility. To minimize potential losses and protect your running positions,
we recommend the following:
Avoid taking new trades during news releases
Use trailing stop-loss orders to protect your running positions and lock in profits
📌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.
📌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 🤗
"US30 / DJI 30" Indices Market Bullish Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
Dear Money Makers & Robbers, 🤑 💰
Based on 🔥Thief Trading style technical analysis🔥, here is our master plan to heist the "US30 / DJI 30" 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. 👀 So Be Careful, 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 2H period, the recent / nearest low or high level.
Goal 🎯: 44,200.00
Scalpers, take note : only scalp on the Short 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.
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.
💖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 🫂
Dow Jones Index (US30): Bullish Trend Continues
Dow Jones Index updated the all-time high yesterday.
The resistance area based on a previous high turns into support now.
We can expect a bullish trend continuation at least to 45000 - the next psychological resistance.
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US30 H4 - Short SignalUS30 H4
More exhaustion being seen here today, with the dump yesterday of 300-400 points, we are straight back into our sell zone, but we aren't trading much higher than when we started yesterday. That being said, US100 is trading higher, which throws a slight spanner in the works. As long as US30 isn't setting new highs, the DXY is trading above 100 to 101 price, we are still focussed on seeing if we can catch a downside move across stock indices.
US100 analysis to follow, but as we mentioned yesterday, we need to see the break and retest to the downside first, to give us the confirmation we desire. With US30, we could argue we already have it.
US30USD Market DecisionThis index has being forming a rising flag for the past few weeks, and it has retested the upper trend line of the flag. Considering that this might be a strong indicator for a bearish momentum, we have to wait for the next candle stick to confirm our position since there is a doji candle stick, which indicates market indecision.
My bias is the bullish momentum will continue if the next candle stick closes above the current one. A more detailed analysis will follow using a shorter time frame.
US30 swing trade idea US30 has reached our level of interest between 41150- 41250 where we look for swing sell setups. Currently waiting for the last impulse upward to get confirmations from the weekly fib and VWAP levels. This is similar to NAS trade, which we sent our earlier. For TP levels, we are currently targeting 40550(750 points) but keeping in mind that this trade has a lot of potential going lower in the last quarter of 2024. Should we break our level of interest, it is likely that we are making a new All Time High. As always, trade safely as you possibly can and always wait for confirmations, before entering a trade. Good luck!
Expect the unexpected.
Fractals Trading Community,
Mei
US30 More Sells I thinkI think it makes more sense logically for US30 to continue to drop and I do believe it has the means and liquidity to do so.
That being said, I wouldn't attempt to try to trade anything on it as of current because it (like gold) is confusing and chaotic.
I will probably be sitting this one out.
Have a good rest of your day folks!
Dow Jones Index (US30) Get Ready For Breakout
Dow Jones closed this week, approaching a horizontal resistance
based on a current All Time High.
Because the trend is strongly bullish, probabilities will be high
that the price will break that.
Daily candle close above the underlined area will confirm the violation.
A bullish continuation will be expected then.
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Dow Jones Index (US30): Bullish Price Action Ahead of The News
In 1 hour, we are expecting US PPI report.
Ahead of the release of that data, I see a bullish price action on US30.
After a test of an intraday support, the Index started quite a long correction
within a narrow horizontal range.
Its resistance was broken with a strong bullish candle,
indicating the strength of the buyers.
The market may bounce.
Goal - 39600
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US30 - Short Signal US30 H4
We fell marginally short of seeing this price trigger yesterday as we approached the underside of our key sell zone. US stock market open may provide the volume and entry point to see and commit to shorts from that 39k price.
Nice confluence zone offering that whole/psychological number, H4 supply and resistance.
Dow Jones Index (US30): Bullish Rally Begins?!
Dow Jones formed a huge double bottom pattern on a daily,
after a quite extended correctional movement from all-time high.
The price turned very bullish on Friday after the release of US fundamentals.
The Index broke a solid horizontal resistance.
The market may start a bullish rally now.
Target - 39000
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Dow Jones Index (US30): Important Breakout
Dow Jones formed a huge double bottom pattern on a daily,
after a quite extended correctional movement from all-time high.
The price turned very bullish on Friday and broke a solid horizontal resistance.
The market may start recovering now.
Target - 39000
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DOW JONES (US30) Trend Following Setup Explained
Dow Jones Index is currently retesting a recently broken horizontal resistance.
Because the trend in strongly bullish, a buying wave may initiate from the underlined
blue area.
Our confirmation will be a bullish breakout - 4H candle close above a resistance line of a bullish flag pattern.
A bullish continuation will be anticipated to 39080 / 39200 levels then.
If the price drops and sets a new lower low, the setup will become invalid.
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DOW JONES ANALYSIS 💸DOW JONES 💸
Chart : 4Hour
Overall Trend : Bullish
Current Market Structure : Consolidation
Scenario 1 :
We are overall bullish on the dow , as we know price has to break & close below 38570 for us to consider taking Selling opportunities. We are currently in a ranging phase . I will be looking for a discounted price to get in on longs .
Dow Jones (US30): One More Bullish Move?!
Looks like we may see one more bullish movement on Dow.
After a test of a key support, the price formed a cup & handle formation.
The neckline of the pattern is broken and we see a positive bullish reaction
after its retest.
I expect a bullish movement to 38040
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Dow Jones Index (US30): Confirmed Bullish Signal?!
Dow Jones retested a recently broken horizontal resistance.
After a test of structure, the market bounced and violated the upper boundary
of a bullish flag pattern.
The violation may trigger a trend following movement.
Goals: 38050 / 38100
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US30 - Short SignalThe 35,000 handle has become a focal point, laden with significant psychological implications. Anticipating potential rejections in this territory, though the extent of their impact remains uncertain. Nevertheless, the exploration of this scenario is deemed valuable, given the considerable corrective movements stemming from last week's market fluctuations and the imminent Consumer Price Index (CPI) release later this week.
US30 D1 - Short SignalUS30 D1
Big daily timeframe again here, you can see how much US30 has given back off the back of the dollar correction. That being said, we blitzed through 33600 resistance with no issues, the next area of correction/pivot may lay around 34000 whole number.
A nice area of D1 resistance and supply, 34000 whole number, and a solid 6R measure to see a 50% correction, from swing low to swing high.
US30 Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.