Ascending wedges in DJI vs BTC topsJust a comparison of ascending wedges in DJI and the tops of BTC runs. Not saying we are at the top of this run... but just something to look at as a possible sign if broken.
US30 trade ideas
US30 SELLAnalazying US30 shows me a strong bearish trend on higher TFs.
Even though price is Currently trading on a daily AOI for possible bullish movement,
Price continuously breaking Lower lows.
- As price just retraced to a 2hr/4h Area of Interest, a medium-risk opportunity is presented.
- limit order set and triggered
-Let's see if price continues its bearish momentum with this trade
Like and Comment your thoughts!
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US 30 WALL STREET SHORTLet's try this quick short before the end of the evening
No financial advice.
Make your own choices and be cautious."
us30US 30 - Dow Jones
Bearish Channel as an Corrective Pattern in Long Time Frame and Bullish Channel in Short Time Frame
Break of Structure
Demand Zone
Completed " 12345 " Impulsive Waves
Fibonacci Level - 61.80%
US30 BullishWaiting for the market to retest to the retest area and I think it will push up after that.
Trade Uni - LONG DOW (current price 42340)See support hold and new bullish momentum kick in after a new trend break, we see higher prices during the next few sessions. Keep proactive with trade management as markets are lively at the moment. First level higher is at the 200 day ema at 43035 then resistance at 43356.
Trade busts if price fall below 41618 support level.
Dow JonesDow Jones timeframe 1h: A descending trendline is drawn from recent highs, indicating downtrend, also There is a supply and resistance zone between approximately 42,500 and 42,600. We can see an overlap between the descending trendline and the resistance area. we expect the downward trend to continue within this range.
#DowJones #DJIA #StockMarket #TechnicalAnalysis #MarketTrends #Investing #MarketUpdate #TradingStrategies #FinanceNews #BullishVsBearish
Bearish drop off pullback resistance?DJ30 is rising towards the resistance level which is a pullback resistance that aligns with the 50% Fibonacci retracement and could drop from this level to our take profit.
Entry: 42,400.11
Why we like it:
There is a pullback resistance level that aligns with the 50% Fibonacci retracement.
Stop loss: 42,712.31
Why we like it:
There is a pullback resistance level that is slightly above the 61.8% Fibonacci retracement.
Take profit: 41,786.49
Why we like it:
There is a pullback support level.
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US30The US30 chart still seems bearish to me.
I've specified a setup with its SL and Target levels.
This is just my personal view. Make sure to analyze the setup on this chart according to your own strategy before taking any trades.
Good Luck :)
check the trendIt is expected that after a pullback to the resistance level and trend line, a trend change will occur and we will witness the start of a downtrend. A break of the support zone will confirm the downtrend
Falling towards 50% Fibonacci support?Dow Jones (US30) is falling towards the pivot which has been identified as an overlap support and could bounce to the 1st resistance which is an overlap resistance.
Pivot: 41,604.84
1st Support: 40,023.54
1st resistance: 43,3309.76
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.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
US30/USD Analysis Hello Guy's this is My OverView For US30/USD, Feel Free To Check It And Write Your Feedback In Comments
US30USD (US Wall Street 30) on a 1-hour timeframe indicates a bearish trend within a descending channel characterized by lower highs and lower lows.
Key points include:
Descending Channel: The price is moving between two downward-sloping trendlines, suggesting ongoing bearish momentum.
Sell Orders Zone: A potential sell entry point is identified just above the current price level around $42,600, indicating expected resistance.
Take Profit Levels:
Tp1 at $42,200: Initial profit target for short trades.
Tp2 at $41,800: Further downside target if selling pressure continues.
Current Prices: The current bid is $42,588.6 with an increase of +84 points (+0.20%).
Overall, traders anticipate further downward movement following resistance at the sell orders zone while eyeing defined profit-taking targets as per the established bearish channel dynamics on this timeframe.
Note: This analysis for educational purposes and not trading advice. Consider market conditions and strategies.
Weekly Forex Outlook Sun.Jan.12.2025 - Fri.Jan.17.2025Like and Comments would be appreciated :D Not Financial Advice, Just my outlook/opinion
Analyzing Symmetrical Triangle Breakouts: A Bearish Setup for USUS30, representing the Dow Jones Industrial Average index, is currently trading at 42,500 with a target price of 41,500, indicating a bearish outlook. The price action is forming a symmetrical triangle pattern, a technical setup that reflects market indecision as it consolidates within converging trendlines. This pattern typically precedes a breakout, which could occur in either direction, though in this case, traders are anticipating a bearish breakout. A decisive move below the triangle's lower trendline would confirm the breakout, signaling a continuation of the downward trend. Once the breakout is validated, the price is expected to head toward the target of 41,500, offering a potential opportunity for short positions. Confirmation of the breakout is essential to avoid false signals, and traders should watch for strong momentum and volume supporting the move. This setup highlights the importance of monitoring key technical levels to capitalize on market movements.
Is it possible that the US30 index will continue to decline?
I think the Dow Jones index will continue to decline and correct over the next few weeks. The first target I have for this week is clearly shown in the image.
What do you think of my analysis?
If you like my analysis, just follow me.
US30Here are some daily Scenarios.
Trend is UP.
Consolidating at the bottom of the channel.
Tapped into demand zone 3 times.
Might get a manipulation in the demand zone and go higher.
Might also get a breakout from the channel, that will accumulate Short positions, but probably the breakout will fail and we'll resume the uptrend.
US30 BUY OPPORTUNITY Price dropped to a support level of 41918 a buy opportunity is envisaged from the current market price. Target is 46249 level.
DOW , patiently waitTeam, i have been scalping all day with the DOW
very tuff market, but good result
but we are waiting for the resistance to break and follow the chart.
Looking for 60-150 points up tonight once it break above.
Dow Jones Reactivates: What Will the Employment Data Bring?The Dow Jones index is back in the spotlight on Friday, marking the return of Wall Street after Thursday's pause for the Day of Mourning in honor of former President Jimmy Carter. The day is loaded with key data, with the U.S. jobs report being the main catalyst for the market.
Positive Opening: Moderate Recovery
The Dow Jones is up 0.25% in early trading, driven by cautious investor optimism. This advance reflects an initial favorable response to the market reopening, although the ultimate direction will depend on economic data released during the day.
Employment Report: A Decisive Factor
The main focus of the day is on the December employment report, which is expected to show the creation of 154,000 nonfarm payrolls and a steady unemployment rate at 4.2%.
• Impact on the Dow Jones:
o Better-than-expected data: If the numbers beat expectations, they could stoke fears of further rate hikes, pressuring the index lower. They could boost cyclical sectors such as financials and industrials, strengthening the index.
o Worse-than-expected data: A lower-than-expected result could reinforce the idea of a less aggressive Fed, benefiting rate-sensitive sectors such as technology and consumer discretionary.
o Disappointing data: Could generate downward pressure, especially in stocks sensitive to economic growth.
Dow Jones Technical Outlook
- Key resistance: 42,605.55 points, a level that could be reached if the data surprises to the upside.
- Immediate Support: 42,361.31 points being the second support zone at lows of 42,290.51 points, which would act as a floor in case of a weak employment report.
- Check Point (POC) / RSI: Currently around 42,506 points and the RSI at 54.16% indicating balance around the check point.
- Average crossover: Currently the long term average crossover made a bearish turn crossing the 50 average below the 100 average consolidating the fall to the low of 42,290.51 (the current strong support zone).
- Range: 42,605.55 and 42,290.51
Conclusion
The Dow Jones faces a crucial day, with the jobs report as the main driver of movement. Investors will be watching closely how the jobs data influences the economic outlook and monetary policy, which will determine the direction of the index in the near term.
Ion Jauregui - Analyst ActivTrades
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All information has been prepared by ActivTrades ("AT"). The information does not contain a record of AT's prices, or an offer of or solicitation for a transaction in any financial instrument. No representation or warranty is given as to the accuracy or completeness of this information.
Any material provided does not have regard to the specific investment objective and financial situation of any person who may receive it. Past performance is not reliable indicator of future performance. AT provides an execution-only service. Consequently, any person acing on the information provided does so at their own risk.
Potential bullish rise?Dow Jones (US30) has reacted off the pivot and could potentially rise to the 1st resistance which is a pullback resistance.
Pivot: 42,239.75
1st Support: 41,800.58
1st Resistance: 42,858.37
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.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
Just enough to give bulls hopeWave C has retraced more than I was expecting, but it is just near the optimal range where Bulls are back into euphoria and Bears are afraid to short.
I am expecting to see a downward push soon, otherwise I have my clear invalidation level for this scenario. My overall downward target for this remains the peak made in COVID rally which i have shown in my previous weekly wave count of DOW.
