US30 trade ideas
Dow Jones Breakout and Potential RetraceHey Traders, in the coming week we are monitoring US30 for a selling opportunity around 42,400 zone, Dow Jones was trading in an uptrend and successfully managed to break it out. Currently is in a corerction phase in which it is approaching the retrace area at 42,400 support and resistance area.
Trade safe, Joe.
US30 | Bearish Below 42610, Eyes on 42410 and 42160US30 | OVERVIEW
The price has reversed and is now under bearish pressure, following stabilization below the 42690 – 42610 zone.
📉 As long as the index trades below this zone, the bearish trend is expected to continue toward 42410, and a 1H candle close below that level could extend the move to 42160.
📈 Alternative Scenario:
A clear stabilization above 42810 would shift momentum to bullish, targeting higher levels.
Pivot: 42610
Support Levels: 42410, 42160
Resistance Levels: 42690, 42810, 43080
DOW JONES Inverse Head and Shoulders close to a bullish breakoutDow Jones (DJI) has completed an Inverse Head and Shoulders (IH&S) pattern, having formed the Right Shoulder supported by the 1D MA50 (blue trend-line).
The price is now slowly rising to test the upper neckline and if broken, expect a strong movement upwards. Technically, such patterns target their 2.0 Fibonacci extensions. The current one is at 49200 and that's our long-term Target. If you seek lower risk, you may target the 1.5 Fib extension.
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Dow Jones Struggles to Reach 43,000 PointsThe Dow Jones has gained more than 1% over the last three trading sessions and is now attempting to consistently reach price levels not seen since March of this year. The bullish bias has remained steady as investor confidence has recovered, driven by ongoing economic negotiations between the United States and China. The potential easing of trade tensions has helped stabilize market sentiment in the short term, and if this trend continues positively, consistent buying pressure could emerge in the index's movements over the near term.
Sustained Uptrend
Since early April, the Dow Jones has maintained a steady upward trend, and so far, selling corrections have been insufficient to break that trend. However, price action continues to face resistance at the trendline, and if this ongoing neutrality persists, the trendline could come under pressure in the coming sessions.
MACD
The MACD histogram continues to oscillate very close to the neutral 0 line, indicating that momentum between the moving averages remains balanced. As long as this behavior persists, the current neutral tone could become even more pronounced in upcoming sessions.
ADX
The ADX line remains below the neutral 20 level in the short term, signaling that average volatility has been steadily decreasing over the past sessions. This has further intensified the market’s neutral tone near the current resistance zone where the price is trading.
Key Levels:
42,700 points: Current resistance zone, aligned with the recent multi-week highs. This level could become the base for a broader short-term consolidation.
43,800 points: A level not seen since February of this year. A return to this area could reinforce the bullish bias and support a more sustained upward trend.
41,000 points: A critical support level that coincides with the 200-day simple moving average. A move toward this level on the downside could threaten the current bullish structure.
Written by Julian Pineda, CFA – Market Analyst
US30 Technical Analysis – 8th June 2025c US30 Technical Analysis – 8th June 2025
🔍 Chart Overview:
The chart shows a classic range-bound structure with clearly defined support and resistance zones.
📍 Key Zones:
🔼 Resistance Zone: ~$42,900 – $43,000
Marked by multiple rejections (🔴 red arrows).
Price has failed to close above this area convincingly.
Sellers are actively defending this level.
⚠️ Bearish pressure likely to increase if price stays below this level.
🔽 Support Zone: ~$41,750 – $41,850
Marked by strong bullish reactions (🟢 green arrows).
Buyers have stepped in consistently in this demand zone.
A breakdown below this level could trigger further downside momentum.
📈 Current Price Action:
The price is hovering around $42,781.3, just below the resistance zone.
The latest candlestick shows rejection from the top, forming a bearish wick, indicating potential reversal pressure.
The large downward arrow (⬇️) on the chart suggests a bearish bias is expected by the analyst.
📉 Outlook & Strategy:
🔻 Bearish Scenario (High Probability):
If price fails to break and sustain above $43,000, expect a move back down towards the support zone at ~$41,800.
A breakdown below support could lead to deeper downside, targeting $41,500 or lower.
🛑 Invalidation:
A clean breakout and daily close above $43,000 would invalidate the bearish setup and suggest potential continuation higher.
🎯 Trading Tips:
🔹 Short Bias: Look for short entries near resistance with tight stops above $43,000.
🔹 Target: $42,200 → $41,800
🔹 Risk Management: Always maintain a good risk-to-reward ratio and use proper stop-loss.
📌 Conclusion:
⚠️ The chart favors a bearish reversal from resistance unless bulls can push decisively above $43,000. Traders should watch for rejection patterns or breakdown confirmations to align with the bearish move
DowJones uptrend retest Key Support and Resistance Levels
Resistance Level 1: 43192
Resistance Level 2: 43620
Resistance Level 3: 44290
Support Level 1: 42100
Support Level 2: 41420
Support Level 3: 40990
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.
DOW/US30 - TIME FOR RECOVER DURING UK MARKET OPENINGTeam, very sad day to see Israel missle flying
We can only hope the world in peace
We are now finding opportunity to entry LONG DOW/US30
Please set your target 1 and 2 ranges
Make sure take 50-70% at first target and bring stop loss to BE
then second target
Please review the chart carefully and pricing target
Good luck.
Rush and Choke: Why the Patient Dog Wins in the MarketsWhere I come from, the expression “the patient dog eats the fattest bone” is sometimes seen as a myth—mostly because people want to get it fast. But that mindset doesn’t work in trading.
In this game, you have to be patient. Rushing into trades, chasing the market, or trying to force profits will only lead to unnecessary losses. If you’re not careful, that "bone" you’re so eager to grab might just get stuck in your throat.
Patience in trading means waiting for the right setup, managing your emotions, and trusting your strategy. It’s about playing the long game, not the fast one.
So remember: in the markets, the patient dog doesn’t just eat—the patient dog feasts.
DOW JONES: Turning sideways for summer. Massive rise afterwards.Dow Jones is bullish on its 1D technical outlook (RSI = 58.389, MACD = 425.040, ADX = 23.083) but 1W is neutral, a natural outcome of the ranged trading within the 1D MA200 and 1D MA50in the last 3 weeks. It is possible to see the index staying sideways until the end of August and then attempt to complete a +39.50% rise from its bottom, like both prior bullish waves did. Regardless of this a test of the Channel Up top trendline, gives us a fair TP = 48,000 for the end of the year.
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DOW JONES INDEX (US30): Pullback From Support
US30 shows some strength after a test of a key intraday support.
A cup and handle pattern on that and a violation of its neckline
indicate a local strength of the buyers.
I expect a pullback to 42550
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Double Top Pattern Signals Bearish Reversal (Short Trade ActiveThe Dow Jones Industrial Average Index (DJI) on the 4H chart has formed a Double Top pattern, indicating potential trend exhaustion and bearish reversal. The price was rejected near 42,900 twice and has now broken below the neckline, triggering a short trade setup.
🔹 Pattern: Double Top
🔹 Resistance Zone: 42,900 – 43,000
🔹 Neckline Break: ~42,450
🔹 Target Area: 40,878 based on pattern projection
🔹 Fundamental Context: Profit-taking and market uncertainty post recent highs
Bearish momentum active – trade remains valid unless price reclaims and holds above 42,950. Short setup is technically and structurally supported. 📉🧭
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US30 – Price at Key Decision Point 42,810US30 | Technical Analysis
🔺 Current Scenario:
The price is now testing the pivot line at 42,810.
A 4H candle close above this level may confirm a bullish continuation toward the resistance zone at 43,212–43,350, and possibly extend to 43,763.
🔻 Alternative Scenario:
If price fails to hold above 42,810 and drops back below, we could see a pullback toward 42,410, with further downside to 42,158 and 41,777 if that breaks.
Pivot Line: 42810
Resistance Zone: 43212, 43350, 43763
Support Levels: 42410, 42158, 41777
Dow Jones Index Rises Towards Key ResistanceDow Jones Index Rises Towards Key Resistance
On Friday, the Dow Jones Industrial Average (Wall Street 30 mini on FXOpen) climbed above the 42,950 level — a high not seen since early March.
The index has gained around 1.6% since the beginning of June.
Why Is the Dow Jones Rising?
→ Friday’s US jobs report helped ease concerns about the country’s economic outlook. According to ForexFactory, Non-Farm Employment Change came in at +139K, beating the forecast of +126K.
→ On Thursday, Donald Trump and Chinese President Xi Jinping held a call, easing tariff tensions. Market participants also welcomed news that officials may hold trade negotiations in London on 9 June.
Could the DJIA (Wall Street 30 mini on FXOpen) Rally Continue?
Technical Analysis of the Dow Jones Chart
The chart suggests that the 42,950 level is acting as a significant resistance. The price has repeatedly reversed from the 42,660–42,950 area (as shown by the arrows).
At the same time:
→ Friday’s move above 42,950 triggered selling pressure, forming a candlestick with a long upper shadow;
→ This may have been a false bullish breakout of the May high;
→ The price remains within an ascending channel (shown in blue), but the bounces off the lower boundary appear weak.
Given this setup, it is reasonable to assume that intensified bearish activity near 42,950 on the USA30 could lead to a breakout below the channel’s lower boundary.
Additional pressure on the Dow Jones Industrial Average (Wall Street 30 mini on FXOpen) may come from developments in California, where protests have erupted against immigrant deportations, with President Donald Trump and Governor Gavin Newsom trading accusations.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
DOW Might Recover From Today's LossesIsrael's attack on Iran's nuclear facilities has unsettled the markets. After a weak start, the indices, such as the DJIA, initially made little headway and were unable to recover their losses.
We do not expect the markets to plunge to their doom now, but to recover soon.
For the Dow, we initially expect new lows in the entry area shown and then a recovery to the target zone in the coming week.
US30 Breaks Trendline Support – Will Geopolitics Add FuelUS30 (Dow Jones) — Trendline Breach & Rising Geopolitical Risk
Technical Outlook — 13 June, 2025
Current Market Condition:
US30 is currently trading at 42,339, showing early signs of risk-off sentiment following a clear break of both the ascending trendline and the Previous Day Low, with price rejecting from the 42,863 supply zone. This sharp decline aligns with growing tensions between Iran and Israel, which are weighing heavily on investor confidence. The breakdown suggests a shift in momentum, with further downside likely if key support levels fail to hold.
Key Technical Highlights:
Major ascending trendline support has broken, indicating a structural shift toward bearish sentiment.
Price broke below both the Previous Day Low (42,551) and Fib support, invalidating short-term bullish setups.
EMA 50 was lost, and price is heading toward the 200 MA at ~42,100.
Stochastic shows strong bearish momentum, currently in a downward cross and nowhere near oversold.
Major downside levels: 42,100, 41,900, 41,700, and 41,500.
Upside resistance: 42,550, followed by 42,863 and 42,970.
🌍 Geopolitical Factor – Iran-Israel Conflict:
The recent escalation between Iran and Israel has intensified risk aversion across global markets. Defensive sectors are gaining while equity indices like the Dow Jones face increased selling pressure. With concerns over possible oil supply disruptions and global uncertainty, traders are pulling capital from equities and seeking safe-haven assets like gold and bonds.
The volatility spike from this geopolitical conflict may overshadow technical setups, amplifying moves and reducing the reliability of support/resistance zones unless confirmed with volume.
Trade Plan:
🔻 1. Bearish Continuation Setup (Short Bias) – Most Probable
Trigger: Retest of 42,550 fails (previous demand turned supply)
Target: 42,100 → 41,900 → 41,500
Stop Loss: Above 42,600
⚠️ 2. Pullback Bounce (Short-term Buy) – Less Probable
Trigger: Strong bounce from 42,100 with bullish divergence on Stochastic
Target: 42,550 → 42,700
Stop Loss: Below 42,000
Risk Management Note:
Due to the unfolding Middle East conflict, markets may behave erratically and spike unpredictably. Use smaller position sizes, widen SL buffers slightly, and stay alert to news headlines. Prioritize confirmation over anticipation.
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⚠️ Disclaimer: This content is intended for educational purposes only and does not constitute financial advice.