Trade Idea: Long (MARKET)Technical Confluence:
Daily Chart:
โข Strong bullish engulfing recovery from recent support (~37,700).
โข MACD starting to curl back up from deeply negative levels โ possible trend reversal.
โข RSI recovering above 50 (currently 52.49), suggesting bullish strength resuming.
15-Min Chart:
โข Sustained uptrend with pullbacks respecting the moving average.
โข MACD crossing positive territory.
โข RSI at 64.77 with room to move higher before hitting overbought levels.
3-Min Chart:
โข Tight consolidation after a sharp breakout to 40,766 โ forming a potential bull flag.
โข RSI at 58.89 โ mid-level with upward momentum potential.
โข MACD histogram shrinking โ possible continuation breakout imminent.
โธป
Fundamental Context:
โข Market Sentiment: U.S. markets are generally supported due to strong earnings reports and decreasing recession fears. Treasury yields have stabilized, and risk appetite is returning.
โข Upcoming Events: FOMC rate decision is key โ bullish bias if they hold or soften tone.
โธป
Trade Details:
โข Entry: 40,770
โข Price is consolidating just under this resistance. Enter on breakout with volume confirmation.
โข Stop Loss (SL): 40,350
โข Below recent support on the 15M chart and under the moving average. Conservative SL with volatility in mind.
โข Take Profit (TP): 41,450
โข Measured move from the flag pattern and aligns with Fibonacci extension and historical resistance.
FUSIONMARKETS:US30
DOWUSD trade ideas
Hanzo | US30 15 min Breaks โ Will Confirm the Next Move๐ US30 โ Hanzoโs Strike Setup
๐ฅ Timeframe: 15-Minute (15M)
โโโโโโ
๐ฏ Main Focus: Bullish Break Out at 41280
We are watching this zone closely.
๐ฏ Main Focus: Bearish Break at 40990
We are watching this zone closely.
โโโ
Analysis
๐ Market Signs (15M TF):
โข Liquidity Grab + CHoCH at 40850
โข Liquidity Grab + CHoCH at 41400
โข Strong Rejections seen at:
โ 41000 โ Major support / Key level
โ 40600 โ Major support / Key level
โ 41280 โ Proven resistance
๐ฉธ Key Zones to Watch:
โข 40990 โ level X 6 Swing Retest
โข 41270 โ Strong resistance (tested 5 times) /15min
โข 41000 โ Equal lows
โข 41400 โ Equal highs
Dow Jons artistic outlook - a proposition for you to take or disWhen I'm looking at my chart, i like to know what this story is about.
This is what
the whole world is looking at,
some say between 1-5 years from, now we are all going to see what it is about.
Most of us want to prosper but there is a certain minority group who doesn't want that. Why? IDK tell me that.
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The chart do not represent a prediction of any kind its more an invitation how to start thinking -about build.
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Time is short although my chart is on 12 month time line
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they say 1-5 years but very unlikely now. I don't know if you can see that
there is a time in next 3 years when the trend goes up.
Its my 10 years of experience i and some hard challenging times. i tracked dow nearly 24/7 for 3 years now so i know what it is about. to explain it to you in full could take some time and here is not a place to do just that.
You can see some general shapes and possible traversals, it happens i track them quite correctly due to my different mind.
"I have good intuition when I'm true to myself
this is my point of view I hope to share with you."
SimonTheBeekeeper
PS:
when things starts to move fast
i have my map to find out
where and how.
--------------
thanks for watching I
US30 โ Key Supply Rejection at 41,000 | Is a Pullback ? The Dow Jones (US30) is currently trading at 41,089, slightly below the critical supply zone between 41,000 - 41,150, as identified by LuxAlgoโs Supply & Demand Visible Range. Price is showing signs of exhaustion after testing the top of the range, hinting at a potential short-term correction.
Chart Breakdown:
Supply Zone: 41,000 โ 41,150 (visible resistance from recent price reaction).
Current Price: 41,089
First Support: 40,971 โ the last breakout zone.
Next Support: 39,703 โ major structure break level.
Demand Zone: 38,735 โ 38,000 (bullish reversal zone, high volume node).
Bearish Scenario:
A clean break below 40,971 could confirm short-term bearish momentum.
Watch for price to fill the inefficiency gap toward 39,703 and possibly test 38,735 if weakness continues.
Red arrows on chart signal likely downside zones if buyers fail to defend higher levels.
Bullish Scenario:
Reclaim and close above 41,150 on strong volume may invalidate the bearish bias and push price to new highs.
Upcoming Volatility Alert:
Key U.S. economic news is on the calendar (highlighted on chart) โ could cause sharp movement in either direction. Stay alert!
Trade Idea: Look for short entries around current levels with stops above the supply zone. Target the 39,703 and 38,735 levels with proper risk management.
---
Will Dow stay strong or finally give in to bearish pressure? Let me know your thoughts in the comments!
#US30 #DowJones #SupplyAndDemand #TechnicalAnalysis #SmartMoney #VolumeProfile #LuxAlgo #PriceAction #Forex #Indices #MarketUpdate
long ideaThis Analysis Can Change At Anytime Without Notice And It Is Only For educational Purpose to Traders To Make Independent Investments Decisions.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView
DOW JONES: The most critical 1D MA50 of all.Dow Jones is neutral on its 1D technical outlook (RSI = 52.914, MACD = -282.250, ADX = 30.751) but has completed 5 green 1D candles in a row, going for the all important Resistance test of the 1D MA50. This trendline has been intact since March 3rd and is on a crucial Resistance cluster as this is where the LH trendline from the ATH is. The 1D RSI is already on an Inverse H&S, which is a positive sign but we need to see a candle closing over the 1D MA50 to validate the restoration of the long term bullish trend. If succesful, we will turn long and target the ATH Resistance (TP = 45,000), which is also just under the 2.0 Fib extension.
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US30 - AnalysisKey Levels to look for:
Resistance - 41250
Support - 40800
Currently price show a neutral trend. Resistance level must be broken for a bullish outlook as long as support is respected. A double top formation near resistance level. Failure to break this level will result in retest of support level.
US30 Stuck at Resistance โ 05/05/2025๐ US30 Stuck at Resistance โ 05/05/2025 ๐
๐ Strong Bounce โ But Watch This Supply Zone!
US30 ripped from the 36,700s all the way back above 41,000 ๐ฅ โ but now weโre seeing price stall just under a major resistance zone at 41,200โ41,300. Bulls have full control for now, but signs of exhaustion are building ๐ฅต.
๐ Key Observations:
๐น Price holding above 40,700 (key support)
๐น 41,200โ41,300 = local resistance zone
๐น 42,359 = next major upside target ๐ฏ
๐น EMAs still bullish but starting to curve โ ๐ possible slowdown?
โ ๏ธ Expect a squeeze or rejection play soon โ market is winding up for the next breakout or pullback ๐ฃ.
๐ฏ Trade Plan:
๐ฐ Current range = 40,700 โ 41,300
๐ป Lose 40,700 = retrace likely to 39,775, possibly 39,200
๐ Break + close above 41,300 = upside open toward 42,359โ42,787
๐ง Mindset Reminder:
๐ Donโt chase highs! Wait for clean structure or rejection
โก When EMAs compress, expect volatility to explode
๐ Patience + plan = edge
Is It Over?Today's red Doji candle at the underside of the downtrend line is a high potential short entry point if not already. Despite the rally the past week or so, it is far from convincing...no real conviction to buy this market and who can blame them.
The current wave 2 bounce will be followed by wave 3 down as the most likely scenario, or we are in a wave 4 to be followed by a wave 5 to complete, any firm close below the lows gives us our answer.
Gold is selling off, our $3400 target was met and reversed in a now wave 4 down, this may approach the $3160 area, or a sideways move before another strong wave 5 up.
This is a great opportunity to accumulate physical metals to protect yourself from the coming reset.
Appreciate a thumbs up, Good Trading and God Bless you all!
US30 Trading Into Major Resistance - Look For Dow Jones Retrace๐ US30 Analysis: At the moment, I'm watching the US30 as it looks overextended ๐ and is trading into previous highs. ๐งฑ If you look left on the chart, it's approaching a key resistance level on both the weekly and daily timeframes.
Iโm expecting a potential retracement ๐ and monitoring for a bearish break of structure on the 30-minute timeframe โฑ๏ธ as a possible setup for a counter-trend short ๐ โ aiming for the imbalance zone visible on that timeframe.
๐ Drawing a Fibonacci retracement from the recent swing low to high, the 50% equilibrium ๐ lines up perfectly with the imbalance area, adding confluence to the idea.
๐ This is shared for educational purposes only and should not be considered financial advice ๐ผ.
Dow Jones Wave Analysis โ 2 May 2025- Dow Jones broke resistance zone
- Likely to rise to resistance level 42000.00
Dow Jones index recently broke the resistance zone between the pivotal resistance level 40815.00 (former support from March and the top of wave A from the start of April) and the 61.8% Fibonacci correction of the downward impulse 5 from March.
The breakout of this resistance zone continues the C-wave of the active ABC correction (2) from the start of April.
Dow Jones index can be expected to rise to the next resistance level 42000.00 (target price for the completion of the active impulse wave C).
DowJones INTRADAY NFP volatility trigger! Momentum is bullish, but todayโs NFP report is a key risk event. A weaker-than-expected jobs number could reinforce rate cut bets and extend the rally. A surprise beat may trigger profit-taking.
Key Support and Resistance Levels
Resistance Level 1: 41200
Resistance Level 2: 42000
Resistance Level 3: 42710
Support Level 1: 39446
Support Level 2: 38490
Support Level 3: 37840
This communication is for informational purposes only and should not be viewed as any form of recommendation as to a particular course of action or as investment advice. It is not intended as an offer or solicitation for the purchase or sale of any financial instrument or as an official confirmation of any transaction. Opinions, estimates and assumptions expressed herein are made as of the date of this communication and are subject to change without notice. This communication has been prepared based upon information, including market prices, data and other information, believed to be reliable; however, Trade Nation does not warrant its completeness or accuracy. All market prices and market data contained in or attached to this communication are indicative and subject to change without notice.
US30 (Dow Jones) โ Short Setup in Play โ May 2, 2025๐ Setup Summary:
Price is trading within a bearish internal channel and has shown a reaction from a lower high inside the upper boundary. Thereโs clear intent to grab liquidity, possibly sweep the short-term high above the descending wedge, then reject sharply.
๐ Trade Idea:
Looking for price to spike up toward the upper channel resistance (~41,250โ41,300), potentially sweep liquidity, then reject and break below the ascending trendline. A clean short could target the 15-min FVG zone and demand block around 40,600, with extended targets toward 40,300.
โ
Confluences:
Bearish market structure and channel
Potential liquidity sweep + internal market trap
Fair Value Gap + previous demand zones below
Trendline break setup for entry confirmation
๐ Bias: Bearish โ short-term rally expected before a move lower
๐ Timeframe: 15-minute chart
๐ Risk-to-Reward: 2.5โ3:1 depending on entry point and target zone
โ ๏ธ Disclaimer:
This is my personal outlook based on technical analysis. It is not financial advice. Always conduct your own research, manage risk appropriately, and use proper trade management. Markets carry risk โ trade safe.
US30 โ Chop or Fakeout?๐ด US30 โ Chop or Fakeout? ๐ด
May 2, 2025 โ 1H Chart Update
After the bullish breakout above 40,700 yesterday, US30 surged to 41,051, but weโre now seeing price stalling just under that level, forming a potential double top or distribution pattern โ ๏ธ
๐ Technical Breakdown:
๐งฑ Price rejected at ~41,050 (previous swing high zone)
๐ Small pullback forming after strong bullish leg
๐ Key short-term support still at 40,700
๐ง Market could be consolidating post-FOMC run or prepping for a deeper pullback
๐ฏ What to Watch:
Bullish Continuation Setup:
โ
Needs a 1H candle close above 41,050
๐ฏ Target: 42,000 โ 42,359 resistance zone
Bearish Scenario:
๐ป Break below 40,700 flips structure short
๐ฏ Downside targets: 40,260 โ 39,775
Neutral Bias If:
Price consolidates between 40,700 โ 41,050 = no clear trend โ stay flat
US30 Breakout from Symmetrical Triangle โ Bullish Targets EyedUS30 (Dow Jones) has successfully broken out of a symmetrical triangle consolidation pattern, signaling a shift toward bullish momentum. The breakout is occurring after a strong recovery from April lows, with higher lows supporting upward price pressure.
๐น Chart Structure:
Symmetrical triangle with a clean breakout above descending resistance.
Series of higher lows indicating accumulation.
Bullish breakout confirmed with price pushing above the 40,580 zone.
๐ Key Levels:
Current Price: 40,586
Breakout Confirmation Level: 40,580
Immediate Resistance/TP1: 42,762
Major Resistance/TP2: 43,924
Support Zone: 38,950
Invalidation/Stop Level: Below 38,950
โ
Bullish Confluence Factors:
Breakout of symmetrical triangle pattern
Higher lows indicate bullish strength and accumulation
Momentum shift visible on lower timeframes
Positive correlation with improving US equity market sentiment
Anticipation of dovish Fed tone could boost equities
๐ง Fundamental Context:
Market is cautiously optimistic ahead of FOMC this week; dovish stance expected due to recent soft economic indicators.
Earnings season tailwinds and lower bond yields support index gains.
Ongoing political and tariff-related headlines may cause volatility, but technical breakout remains in focus.
๐ก Trade Idea:
Bias: Bullish
Entry: On successful retest of 40,580 or continuation above 40,600
TP1: 42,762
TP2: 43,924
Stop Loss: Below 38,950
๐ Note: Watch for pullbacks to triangle resistance-turned-support. FOMC and US macro data releases midweek can impact momentum.
Potential declineDow Jones is currently struggling to reach 40,872. The index has been rising slowly daily, but the bullish move might decline if it cannot surpass the 40,872 barrier. The bearish move will be fulfilled if price action manages to remain under 40,800, stabilise below the 40,232 and 40,000. This is because of breaking out of the bullish trend and remaining outside and under the mentioned barriers, which will spearhead the likelihood of a downward trajectory.
The potential fall may target 39200 and 38900, which may also lead to the development of the right shoulder of the inverse head and shoulder pattern, potentially for a bullish rise. However, if price action fails to go down and also stabilises above the 40872, the index will likely continue rising into the 41,000 and 42,000s.