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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.
Tra
US30: Strong Growth Ahead! Long!
My dear friends,
Today we will analyse US30 together☺️
The recent price action suggests a shift in mid-term momentum. A break above the current local range around 42,682.9 will confirm the new direction upwards with the target being the next key level of 42,855.1 and a reconvened placement o
US30 on Track for 43KHappy Monday, traders.
Here’s my latest analysis and trade idea for US30. Since April 6th, US30 has been in a strong bull run, breaking above the descending weekly trend line while continuing to print higher highs and higher lows.
Although price action has shown some uncertainty since May 22nd, t
SELL US30US30 is currently testing a macro-level resistance zone that has historically reversed price sharply. The current market behavior hints at a bearish rejection, with a projected move toward 37K first, and potentially 34K later, if broader market sentiment shifts risk-off. This setup provides a favora
Potential Long Setup on Bullish Flag BreakoutThe US30 is currently forming a bullish flag on the 4H chart. A double bottom has developed around the 61.8% Fibonacci retracement level, measured from the most recent bullish impulse — providing a strong point of confluence that adds validity to the pattern.
Should price break above the flag's upp
DOW JONES Analysis This is U30 through my current lens, investigations of price action from W - D - 4H suggest Bullish.
factoring in the current fundamental conditions, I observe the US Dollar.
Monitor the US100 & US500 for any irregular correlation in price delivery between the 4H - 15M
I seek price to attack "Highs
US30 – Head and Shoulders Pattern Signals Bearish Reversal SetupThe Dow Jones Industrial Average (DJIA) is displaying a classic Head and Shoulders formation on the 4H chart, suggesting a potential trend reversal. Price has broken below the neckline and is trading below the Ichimoku cloud, signaling growing downside pressure.
🔹 Pattern: Head and Shoulders
🔹 Curr
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 421
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