Wedge at the Edge โ Will the Dow Drop from Here?Price is approaching a key supply zone between 41,800 and 42,400, where previous strong selling occurred. A rising wedge pattern is forming, suggesting a potential bearish reversal. If price fails to break above the supply zone and closes below the wedge, a breakdown could lead to a bearish move targeting the demand zone around 39,000โ39,300.
Bearish Bias: Watching for rejection and breakdown confirmation for a short setup.
Key Levels:
Supply zone: 41,800 โ 42,400
Demand zone: 39,000 โ 39,300
Support to watch: 40,600
US30 trade ideas
US30What is US30?
The US30, also known as the Dow Jones Industrial Average (DJIA) or simply the Dow 30, is a widely followed stock market index that tracks the performance of 30 large, publicly traded U.S. companies. These companies are considered some of the most important and influential in the U.S. economy, representing a diverse range of sectors such as technology, healthcare, finance, consumer goods, and industrials.
The index is price-weighted, meaning that stocks with higher share prices have a greater impact on the indexโs value than those with lower prices. The DJIA is calculated by adding the prices of all 30 component stocks and dividing by a divisor that adjusts for stock splits and other corporate actions.
The US30 acts as a barometer of the U.S. stock market and overall economic health, though it only includes 30 companies and is not weighted by market capitalization like the S&P 500.
Companies That Make Up the US30 (As of 2025)
The 30 companies in the US30 include some of the largest and most influential U.S. corporations:
Apple Inc. (AAPL) โ Technology
Microsoft Corporation (MSFT) โ Technology
Nvidia Corporation (NVDA) โ Technology
Visa Inc. (V) โ Financial Services
Johnson & Johnson (JNJ) โ Healthcare
Procter & Gamble Company (PG) โ Consumer Goods
Walmart Inc. (WMT) โ Retail
JPMorgan Chase & Co. (JPM) โ Financial Services
The Coca-Cola Company (KO) โ Consumer Goods
The Home Depot, Inc. (HD) โ Retail
McDonald's Corporation (MCD) โ Consumer Services
UnitedHealth Group Incorporated (UNH) โ Healthcare
The Travelers Companies, Inc. (TRV) โ Insurance
The Boeing Company (BA) โ Aerospace & Defense
Amgen Inc. (AMGN) โ Biotechnology
Goldman Sachs Group, Inc. (GS) โ Financial Services
Caterpillar Inc. (CAT) โ Machinery
Merck & Co., Inc. (MRK) โ Pharmaceuticals
Salesforce, Inc. (CRM) โ Technology
Chevron Corporation (CVX) โ Energy
IBM Corporation (IBM) โ Technology
Honeywell International Inc. (HON) โ Industrials
Cisco Systems, Inc. (CSCO) โ Technology
The Walt Disney Company (DIS) โ Media & Entertainment
Nie, Inc. (NKE) โ Consumer Goods
Verizon Communications Inc. (VZ) โ Telecommunications
American Express Company (AXP) โ Financial Services
3M Company (MMM) โ Conglomerates
Walgreens Boots Alliance, Inc. (WBA) โ Retail
Dow Inc. (DOW) โ Chemicals
How Bond Yields and the US Dollar (DXY) Affect US30 Price Movement
Bond Yields Impact
Rising bond yields (especially U.S. Treasury yields) generally increase borrowing costs for companies, which can dampen corporate profits and weigh on stock prices, including those in the US30.
Higher yields can also make bonds more attractive relative to stocks, causing some investors to shift capital out of equities and into fixed income, putting downward pressure on the US30.
Conversely, falling bond yields reduce borrowing costs and can boost stock valuations, supporting gains in the US30.
US Dollar Index (DXY) Impact
The US Dollar Index (DXY) measures the strength of the dollar against a basket of major currencies.
A stronger dollar can hurt multinational companies in the US30 by making their exports more expensive and reducing the value of overseas earnings when converted back to USD, often leading to downward pressure on the index.
A weaker dollar tends to support US30 companies with significant international sales, potentially boosting the index.
Additionally, dollar strength often reflects risk-off sentiment, which can coincide with stock market declines, while dollar weakness often aligns with risk-on sentiment and rising equities.
Summary
Factor Effect on US30 Price Movement
Rising Bond Yields Negative: Higher borrowing costs, shift to bonds
Falling Bond Yields Positive: Lower borrowing costs, stocks more attractive
Stronger US Dollar Negative: Exporters hurt, overseas earnings worth less
Weaker US Dollar Positive: Boosts multinational earnings, supports stocks
In essence, the US30 reflects the performance of 30 major U.S. companies weighted by stock price. Its price movements are influenced by macroeconomic factors such as bond yields and the US dollar, which affect corporate profitability and investor risk appetite.
Trade Idea: US30 Short ( SELL STOP )Technical Analysis Overview:
1. Daily Chart:
โข Price has retraced sharply into resistance (near 41,300โ41,400), rejecting the 200-day EMA zone.
โข MACD still negative but turning upโsuggests potential for a failed bounce.
โข RSI at 55.33โapproaching overbought in a corrective move, ripe for reversal.
2. 15-Min Chart:
โข Bearish divergence forming on RSI with lower highs.
โข MACD is turning down with momentum fading after a recent high around 41,665.
โข Price has broken short-term moving average support, with momentum shifting down.
3. 3-Min Chart:
โข Clear bearish structure with lower highs and lower lows.
โข MACD and RSI confirm short-term weakness.
โข Price hovering near local support (around 41,302), if broken, would confirm further downside.
โธป
Fundamental Context (Macro):
โข FOMC & NFP results (recent) suggest continued uncertainty in interest rate direction.
โข US manufacturing and employment data have shown mixed signalsโequities vulnerable to downside corrections amid macro volatility.
โข Seasonally, May is often a pullback month (โSell in Mayโ).
โธป
TRADE IDEA โ SHORT US30
โข Entry: 41,295 (current price at resistance zone)
โข Stop-Loss (SL): 41,670 (above recent intraday high and 15-min resistance)
โข Take-Profit (TP): 40,500 (prior support zone on 15-min chart)
FUSIONMARKETS:US30
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
DowJones INTRADAY awaits Fed Rate Decision Key Support and Resistance Levels
Resistance Level 1: 41,450
Resistance Level 2: 41,900
Resistance Level 3: 42,470
Support Level 1: 40,220
Support Level 2: 39,760
Support Level 3: 39,150
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 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).
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 SHORT SELL to Buy long term The US30 is currently on a bullish sugar rush, charging upward like it just chugged three Red Bulls. But hey, even bulls need bathroom breaks! So while itโs flexing its muscles, Iโm sneaking in some quick sell scalpsโbecause why not profit from its little caffeine crashes?
Once this over-caffeinated beast finally pauses to catch its breath (aka retraces), Iโll be waiting with open arms to buy the dip like itโs Black Friday and the US30 is on sale. Long-term buy? Yes, pleaseโjust gotta wait for that โpremium discountโ level. Because in trading, as in life, patience (and a little bit of cheeky scalping) pays off!
Testing Trumps Theory About StocksSo, as you can see, I just kept it simple, Trump made a claim about buying stocks because this country is about to take off like a rocket. I told my wife I will check the charts. It's been a long time but ugh I think we will see a drop towards resistance before we see what he's talking about. This is the monthly I looked at it on the 3 months chart as well same things keeps popping up some pain before profit so I will be looking to buy on our way down this is the DOW but I am for sure looking for similar patterns in other stocks. But the S&P 500 Is looking the same also.
LET ME KNOW YOUR THOUGHTS BELOW.
this is a small reminder that I am not a professional and this is not investing advice I am simply giving my opinion as a fellow student in the art of trading.
DowJones INTRADAY resistance retestKey Support and Resistance Levels
Resistance Level 1: 41,900
Resistance Level 2: 42,470
Resistance Level 3: 43,600
Support Level 1: 40,680
Support Level 2: 40,240
Support Level 3: 39,700
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.
Rejection at Supply Zone โ Bearish Targets Loaded!Price has been rejected at the key supply zone near 41,119, with a sharp drop confirming bearish momentum.
Weโre now trading below 40,736, heading toward the first demand zone around 39,884. If that breaks, the next high-volume support area is 38,397, as shown by the visible range and demand zone.
Bearish Bias
Strong rejection from supply
Lower highs forming
Watching for breakdown below 39,884 to add more short positions
Upcoming Events:
Big US data + FOMC sentiment could accelerate the move. Stay sharp!
Whatโs your bias โ Short or Buy the Dip? Drop your thoughts below!
#US30 #DowJones #SupplyAndDemand #PriceAction #TradingView #SmartMoney #BearishSetup
$DJI & $NDX at MAJOR RESISTANCEDaily
The TVC:DJI has done well since April & we noticed a sentiment change. This is why we turned bullish. Only problem? Lack of volume. We can see that volume stayed under the pink dots. This is an average of 90 days.
We can also see this by the Money Flow. As of now the lowest peak since mid March on this indicator.
---
Weekly
The TVC:DJI RSI hasn't broken the halfway point. This is needed for more bullish momentum.
Money flow is slanting lower. The interesting tid bit is that volume for the week is not bad at all. But compare this to Jan 2024 and 4th quarter of the same year... LOWER.
Posted this yesterday, see profile for more info.
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.
--------------------------------------------------
The chart do not represent a prediction of any kind its more an invitation how to start thinking -about build.
---------------------------------------------------
Time is short although my chart is on 12 month time line
=================================================
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 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
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
Everyone I am shorting DOW/US30Team I am shorting DOW, - MUST have stop loss the price could hit 40912-16 - but short slowly now, with STOP loss at 40960-65
Target 1 at 40750-40735 - reduce 30% volume
Target 2 at 40650-40600 - reduce 50% volume
Target 3 at 40550-740483 - remaining
Once the price reaches the first target, bring STOP LOSS TO BE
NEXT week, I will be releasing a video on how I made 1000% profit in 4 weeks. I would love to share my strategy with the world.