US 30 Technical Analysis US30 Monthly, Weekly, and Daily Technical Analysis
Note: For educational purposes only. This is not financial advice.
Monthly Timeframe:
In April, the US30 (Dow Jones Industrial Average) posted a high of 42,548 and a low of 36,483. The April candle closed within the range of the March candle, signaling strong buying interest, likely driven by fundamental data. The key takeaway from the monthly chart is that April’s close within March’s range highlights buyer strength and the potential for continued bullish momentum.
Weekly Timeframe:
The bullish channel remains intact on the weekly timeframe. Although price briefly broke below the trendline, it quickly rebounded and re-entered the channel in the first week of April.
There has been no break of structure on the weekly chart. Last week's high at 42,858 swept the previous week’s high but closed within the previous week’s range, ending precisely at the prior week’s low. This indicates unclear price action and potential indecision.
If the upcoming week closes above the 43,100 level, this week’s low could be considered a weekly inducement, adding confluence for a potential bullish move. Until then, it remains just a weekly low without significant structure.
Daily Timeframe:
On the daily chart, price action remains indecisive, with no valid break of structure to confirm an upward trend continuation. However, there is a key support zone between 40,800 and 40,660, which aligns with a confluence of a daily trendline—potentially forming a buy zone, but only upon confirmation on lower timeframes.
Interestingly, the price has ranged between the same levels during the periods from March 13 to March 27 and from April 1 to May 20, reinforcing the range-bound nature of the market.
Outlook:
Given the lack of clear directional bias, scalping opportunities may be more appropriate in the upcoming week, especially if the market continues to range. A strong breakout and close above 43,150 could signal a bullish continuation, in which case we would look for a pullback and hold of long positions, targeting the 44,500 level.
US30 trade ideas
US30 Trading Plan – Bearish Outlook Following Support BreakThe US30 (Dow Jones Industrial Average) is currently exhibiting a bearish trend, having recently broken below a key support level. This breakdown signals potential further downside momentum, indicating a shift in market sentiment from bullish to bearish.
Technical Analysis Summary:
Trend: Bearish
Breakdown Confirmation: Price has closed below the previous support level, confirming a breakdown and potential trend continuation.
Entry Signal: Entry positions can be considered on a retest of the broken support level, now acting as resistance, or upon confirmation of continued selling pressure.
Profit Targets:
Target 1: The first profit target is set at the next significant support zone, which has historically acted as a demand area.
Target 2: The second profit target is located at a lower, more established support level, providing a deeper downside opportunity if bearish momentum persists.
Risk Management:
Stop-Loss: A stop-loss should be placed above the newly formed resistance level (formerly support) to protect against false breakouts and trend reversals.
Position Sizing: Risk no more than 1–2% of account equity per trade to maintain proper risk management.
Trade Rationale:
The breakdown of the support level on US30 suggests increased selling pressure and the potential for a continuation of the downward trend. By identifying two profit targets, this plan allows for partial profit-taking at the first support level and full exit or trailing stop at the second, depending on price action and market conditions.
DOW JONES Inverse Head and Shoulders starting new rally.Dow Jones/ US30 has found support today on its 1day MA50 despite the strong correction.
The long term pattern is an Inverse Head and Shoulders and today's 1day MA50 hold may complete its Right Shoulder.
Go long and target the 2.0 Fibonacci extension at 50000.
Follow us, like the idea and leave a comment below!!
WHY I THINK US30 WILL BUY INSTEAD OF SELL🔥 Bias: Bullish continuation
🕒 Timeframe: 60-minute
💎 Instrument: US30 (Dow Jones)
1️⃣ Volume Profile Context
POC (Fair Value): ~41,680
HVN (Acceptance): 41,660–41,700
LVN (Balance Break): 41,540–41,600
2️⃣ Footprint Signals
Seller Imbalances in the 13:00 & 14:00 candles (Δ–159 @ 9.13K & Δ–121 @ 7.97K)
– Price didn’t drop, closed near highs → Supply absorbed
Absorption above 41,700 shows hidden bid
3️⃣ Structure & Key Zones
Higher highs & higher lows intact since the 07:00–08:00 low.
Buy zone / demand: 41,400–41,500 (strong initiative buying & positive deltas)
Support to hold: 41,660–41,680 (POC / HVN)
▶️ Trade Plan
Entry: On pullback to 41,660–41,680 (POC support)
Stop: Below 41,640 (below LVN)
Target 1: 41,880 (previous high & volume shelf)
Target 2: 41,920+ (upper HVN rejection zone)
✅ Confirmation: Look for bullish footprint bars (positive delta, absorption of sellers) at entry zone.
Dow Jonas - Elliot wave📉 DJI — Elliott Wave Top in Sight?
🔍 A long-term analysis with serious implications...
I've been diving deep into the Dow Jones Industrial Average (DJI), using Elliott Wave principles — and what I see may signal the end of one of the longest bull markets in history.
Elliott was right — the massive bull cycle did arrive and extended well into the 2000s. But now, that journey looks to be nearing its final destination.
Currently, I believe we're witnessing the development of an Ending Diagonal pattern — a structure often seen at the end of a major impulse. This formation appears to be completing a set of blue sub-waves, which in turn cap off the larger green primary impulse wave.
📍 The box marks my anticipated top for the DJI. From this point, I expect a strong reversal and the beginning of a major correction.
Now here's the shocking part:
If this correction plays out in time and reaches the Fibonacci 0.382 level, that would suggest a retracement spanning up to 86 years — yes, 86 years.
This isn’t just about markets anymore — such a scenario could carry massive consequences for the global economy and society as a whole.
If, however, we see a strong breakout above the box, then the ending diagonal thesis would be invalidated, and we might instead be witnessing an extended wave 5 — complete with five internal sub-waves.
But either way — the top is coming. It’s just a matter of when, and how hard we fall.
💬 What are your thoughts? Could we really be on the edge of a generational peak?
US30: Move Up Expected! Long!
My dear friends,
Today we will analyse US30 together☺️
The in-trend continuation seems likely as the current long-term trend appears to be strong, and price is holding above a key level of 41,589.0 So a bullish continuation seems plausible, targeting the next high. We should enter on confirmation, and place a stop-loss beyond the recent swing level.
❤️Sending you lots of Love and Hugs❤️
Dow Jones breakdown or setup for 15 percent rally?The Dow looks weak but this might be the setup traders dream of. We break down two possible bullish patterns forming — an inverse head and shoulders and an ascending triangle — and explain how Trump’s EU tariffs could shape the next move. Target gains up to 15 percent with risk reward ratios as high as 7.5 to 1.
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KOG - US30Quick update on this as it's looking like it's stretching out early buyers and has caught some at the top.
We've added the red boxes to this and we're keeping a close eye on that lower one around 41400-500 as long as 42000 holds us down. If we get it we get it, but it needs to go straight down before going up.
As always, trade safe.
KOG
Potential downward moveUS30 has been bullish since selling to 36,500 and later retested the lower bound but settled at 37,800. Upon settling above these figures, the indice has been gradually growing, intending to touch the established highs at 42,800 and further up at 45,000. If the price action manages to stabilise above 42,800, the bullish move will still continue until the top.
However, if price fails to settle above 42,800, a bearish correction may be likely, in search of a support structure that will initiate a bullish rise again.
US30 BULLISH BIAS RIGHT NOW| LONG
US30 SIGNAL
Trade Direction: long
Entry Level: 41,822.1
Target Level: 42,718.6
Stop Loss: 41,224.4
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 9h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
✅LIKE AND COMMENT MY IDEAS✅
Bull Run To New Highs?The Dow got slammed on Wednesday, down 2%, no follow through yesterday.
Despite all the look of this rally being a bounce to sell, notice the uptrend line of support developed, this is the dynamics of markets, morph and twist to shake out weaker hands.
Would not be surprised to see a resumption of this rally to all time highs into June/July, the tariff wobbles are gone for now, any firm close below the trend line changes the trend.
We buy this market now at support in prospect of a larger rally to resume.
Appreciate a thumbs up, Good Trading & God Bless you all!
US30 (Dow Jones) – Major Demand Zone Hit! Will We See a ReversalThe US30 has just tapped into a high-interest demand zone around the 41,767.01 level, showing signs of bullish reaction after a strong selloff from the 42,800 supply area.
Here’s what I’m watching:
1. Demand Zone Bounce:
Price is holding above the demand zone (orange box), with increasing volume on the bounce – suggesting potential accumulation by smart money.
2. Immediate Resistance Levels:
We have two major upside targets:
42,288.87 – Minor resistance (possible retest zone)
42,810.50 – Key supply zone (major selloff origin)
3. Breakout Potential:
A break and close above 42,288.87 with strong volume could signal continuation toward the upper range.
4. Bullish Confluence:
Price is holding a bullish 15-min structure
Previous support flipped to resistance now acting as potential magnet
Double bottom structure visible within the demand range
Trading Idea:
If the demand zone holds and price breaks 42,012 resistance, I’ll look for longs targeting 42,800+, with stops below the recent low.
What do you think? Will US30 rocket from here or crash through the floor?
Like if you're watching this zone.
Comment your target for this week – bull or bear?
Dow Jones Index (US30): Time to Grow
As I predicted yesterday, US30 nicely respected
a wide daily support cluster.
A pullback from that is now confirmed with a violation
of a minor horizontal resistance on a 4H.
The index may reach 42200 level soon.
❤️Please, support my work with like, thank you!❤️
I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Potential bearish drop?Dow Jones (US30) is rising towards the pivot, which lines up with the 61.8% Fibonacci retracement and could drop to the 1st support.
Pivot: 42,435.88
1st Support: 41,294.81
1st Resistance: 43,025.39
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Hanzo / US30 15m Path ( Confirmed Breakout Zones )🆚 US30
The Path of Precision – Hanzo’s Market Strike
🔥 Key Levels & Breakout Strategy – 15M TF
☄️ Bearish Setup After Break Out – 41750 Zone
Price must break liquidity with high volume to confirm the move.
☄️ Bullish Setup After Break Out – 41950 Zone
Price must break liquidity with high volume to confirm the move.
🩸 15M Time Frame Confluence
————
CHoCH & Liquidity Grab @ 41820
Key Level / Equal lows Formation - 41600
Strong Rejection from 42000 – The Ultimate Pivot
Strong Rejection from 41450 – The Ultimate Pivot
🔥 1H Time Frame Confirmation
Twin Wicks @ 41750 – Liquidity Engineered
Twin Wicks @ 41450 – Liquidity Engineered