US30 4H US30
stabilizing prices above 34305 will support raising to touch34586 and 34767 and 35012
if the price stable under 34305 then the movement will be between 34140 and 33902
support line : 34140 , 33902 ,33594
resistance line : 34586 , 34586 , 34767
The expected general trend for today: is bearish
timeframe: 4H
US WALL ST 30
I see Ending DiagonalsIn my previous post on US30, I analyzed and talked about the upcoming Bullish Move which has been going on for the past couple weeks.
Although, it seems this bullish move do not consist of Elliot Impulse Waves , instead it consist of Corrective Waves . The Converging Diagonals shown in the chart are showing that the upward Wave W , which started from 25th May has ended today. I am anticipating correction Wave X to be up to 50% - 61.8% of This whole upward Wave W . This downward Price action can go on for even a month.
For the time being, markets are almost near closing. Theres Holiday on Monday. I expect next week, there will be an SL hunt for today's high with ABC Flat . If I see it, I wont be missing that opportunity to short.
I have pinned my previous analysis I did on US30 HTF below.
US30 4H (as noted the level rose)US30
as noted the level rose and remained the same until reached 34586 and 34767 and 35000
if the price stable under 34140 hen the movement will be between 33902 and 33594
pivot price: 34140
resistance price: 34586 & 34767 & 35000
support price: 33902 & 33594 & 33401
Tendency: bullish
timeframe: 4H
UPDATE US 30 ready to break above Ascending Triangle T 39,699Ascending Triangle continues to form on US 30.
It's looking great and we need that one strong catalyst to push it up further.
With the PPI, CPI and NFP out the way - now we can get better momentum for it to rise.
Price>200
RSI>50
Target 1 - 39,699
🚨 US30 HIGH PROBABILITY SELL SETUP SOON 🚨🚨 US30 UPDATE 🚨
* Here we can see the next potential move for US30 in coming hours or day.
* EP(SELL): 34310.84
* TP: 33916.36
* TP2: 33773.26
* No SL provided for this trade.
* Keep your eye close on your trading positions.
* Happy pip hunting traders.
* FX KILLA *
US30 4H US30
stabilizing prices above 34140 will support raising to touch 34300
if the price stable under 34000then the movement will be between 33860 and 33734
pivot price: 34000
resistance price: 34140 & 34300 & 34500
support price: 33860 & 33750 & 33640
US30 4H (bullish volatile)US30
if can stable here for the next 4 hours the direction will be bullish till it reaches 34570
stabilizing prices above 34140 will support raising to touch 34570
if the price stable under 34140then the movement will be between 34140 and 33860
pivot price: 34140
resistance price: 34360 & 34570 & 34750
support price: 33860 & 33750 & 33640
The movement range is between 34140 and 33860
Tendency: bullish volatile
Dow Jones Index (US30): Your Detailed Trading Plan
Top-down analysis on US30.
Daily time frame analysis.
Intraday analysis.
Price action & key levels.
Potential scenarios.
❤️Please, support my work with like, thank you!❤️
US30 (update)US30
as mentioned earlier break the 33734 line the direction is going up
next update touches 34199
but if it goes down it recaches 33974 then 33734
but if under 33734 the direction goes down until it reaches 33491 and 33395 and 33271
YM1! US30USD DOW 2023 June 12 WeekYM1! US30USD DOW 2023 June 12 Week
No change to previous analysis, observing reaction to 34605-34275 area. Last Friday's up bar
showed significant weakness.
Possible scenario:
Short if 34605-34275 is rejected again
Reason:
Higher low toward previous resistance, on reducing volume.
The professionals may engineer a false break to suck in traders unaware of the weakness.
We shall wait to short on rejection of recent high.
Price Reaction Levels:
Short on Test and Reject | Long on Test and Accept
35750 34605-34275
32692 31657
Price Volume Analysis:
Weekly: Ave vol up bar = NTC
Daily: Ultra low vol up bar close off high = significant weakness
Like and follow if you find this useful.
Have a profitable trading week.
*For education purpose only.
US30 and NAS100 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.
DOW JONES 4HDOW JONES
if the next 4 hours are above 33734 that's touche the 33974 and 34052 and 34199 gives
but if under 33734 the direction goes down until it reaches 33491 and 33395 and 33271
The movement range is between 33607 and 33734
resistance price: 33947 & 34052 & 34199
support price: 33491 & 33395 & 33271
timeframe 4H
US30 BREAKOUT ZONEit is now 4 hours above 33639 ane the direction is going untl ut reaches 33825 and 33984 then 34164
but if under 33639 fall that is the direction it is going decline untill it reaches 33352 then 33200 then 33017
The expected general trend for today: is bearish with stability of the barrier
support line : 33425 , 33330 , 33200
resistance line : 33640 , 33825 , 33980
timeframe 4H
US30 showing large Ascending Triangle to 39,699Ascending Triangle has been forming since Oct 2022.
There are higher lows and same highs.
Once we get a breakout above, it'll be smooth sailing up.
Price>200
RSI>50
Target 1 is to 39,699
Then world markets will follow including JSE ALSI 40.
Dow Jones Drop OffLooking for a drop off to occur in the market soon.
Seasonality wise speaking June tends to be negative. Thus, I would like to see a drop in the next couple of weeks.
There is a set of relative eq highs above which I have drawn out and will watch price once we clear those highs looking for bearish price action.
The targets are also outlined, and once reached, will re-evaluate the scenario to see if we get further downside.
DJI Looks bearish Im alreeady with a short entry under the resistance entry so now im on BE , its a free risk trade so i will let him go on support target.
Most Relevant Short term Level's / US30 🧑💼33,111 Support on the Weekly Timeframe
34,092 Resistance on the Weekly Timeframe
With Monday Daily candle close, we have just created a Daily resistance zone at 33,760
32,856 is the nearest Daily Support Zone
After the market pumped up +2% last Friday, we can observe a -.61% down Monday.
The Market has been ranging for 6 months plus. I think we will continue to observe a range after the Daily timeframe popped it's head above 33,675 ( Previously a Daily resistance after Friday's Daily candle closed above it )
Monday's price action has had the Market ease off the highs and are idea here is that this will continue into Tuesday's and Wednesday's Trading.
If the Market sticks it heads back up to 33,762 it may offer a good Risk Reward Bearish Setup
buy option on the US30with a retracement down to the support and making a reversal it would be a nice buy option so we can take the buy to continue the move up with the trend
US30 YEARLY BIAS (FOR INVESTORS/SWING TRADERS) Price has been resisting to break pass the 34500 zone, which i believe it's the future price and should be filled probably by end of this month of june. With the bullish momentum that price is holding, it looks like price will break the zone, heading to our all time high 37000 zone.
#us30 #support&resistence #ustec100 #nasdaq #indices #forex #bias #technicalanalysis
The Dow Jones is trying to activate the bullish trackThe index price took advantage of the stochastic rally above 50 to gain new positive momentum, thus forming some bullish waves and settling near 33215, to confirm the price’s attempt to restore the bullish bias, as this initially requires jumping above the moving average 55, which is stable at 33406, and if it holds above this obstacle, it will succeed in reaching Towards the level of 33587, which in turn formed a strong barrier against the recent bullish attempts.
From the above, we recommend observing the price's behavior and waiting for it to achieve the required breach in order to avoid any losses that may result from postponing the bullish attempts to provide an opportunity for the price to fall again towards 32905 before recording any new positive target.
The expected trading range is between 33050 and 33510
The expected general tendency for today: bullish by fulfilling the condition
US30 4HUS30
Dow Jones If you open the 4 hours above 33105 , it will reach 33259 then 33406 then 33587
The zone is very difficult from here,
and now as long as trade under 33105will be bearish to get 32831 and 32716 then 32648
The movement range is between 33240 and 33070
Tendency: bearish volatile
timeframe 4H
US30 Upcoming weeks bullishI am currently following the following weekly outlook on OANDA:US30USD according to my simple ABC zig-zag wave pattern.
So far, the sentiments and conditions are in its favor. I have broken down the last weeks price action into Elliot Waves which is shown in the charts below.
First of all, the upward Impulsive move which started in mid March consisting of impulsive waves is shown below:
Its correction consisted of simple ABC zig-zag in which Wave A consisted of Converging Diagonals , Wave B consisted of ABC zig-zag as well as Wave C .
The sub-Wave C of Wave C Zig-Zag ended last week and consisted of Impulsive waves with aggressive downward movement and the price action stayed in Golden Pocket below 50% of Impulse wave before moving on to starting the first small upward Impulsive Move.
For the time being, the upcoming news regarding Unemployment Rate, Nonfarm Payrolls can increase volatility in the market, but I am hopeful that US30 will continue on its way upward in the coming weeks.
