US30 Potential Bullish ContinuationHi there,
US30 appears bullish on the H2 timeframe, but I am anticipating a dip before the bullish continuation.
The price broke above the significant high of 40,860.28 and formed a low, creating a relative bullish wave toward the high of 42,473.33. This low is significant and remains open for a future revisit.
The potential resistance level is 42,949.85, with a market bias toward 43,528.16.
Happy Trading,
K.
Not a trading advice,
US30USD trade ideas
Dow ready to go above 200 MA?The Dow has been coiling for the past few days underneath its 200-day moving average, as it watched the tech-heavy Nasdaq 100 break higher. But yesterday support at 41,780 held and this led to a strong bounce. The resulting price action created a hammer candle on the daily time frame. With this latest bull signal, can the index now break above its 200 MA and move higher? The underlying trend is looking increasingly bullish.
By Fawad Razaqzada, market analyst with FOREX.com
DOW JONES WEAK TRENDDOW JONES WEAK TREND
The Dow Jones has been experiencing some fluctuations lately. While it surged over 300 points recently, there are concerns about economic slowdown indicators, such as weak labor market data and declining consumer confidence. Some analysts believe that the Federal Reserve may cut interest rates in response to these trends. However, strong earnings from big tech companies like Microsoft and Meta have helped offset some of the downward pressure
US30: Next Move Is Up! 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 42,259.4 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❤️
US30 Recently will breakoutUS3O A new forecast a new downtrend zone
Forecast from Mr Martin11 Date 14 May 2025
US30 Bearish Pattern Analysis Currently showing a bearish structure The price appears to be nearing a breakout to the downside.
Targets to watch
1st Target 40,500
2nd Target: 39,500
if the bearish breakout confirms (possibly with strong volume and a close below recent support), the price may push toward these lower support levels. If you'd like, I can help you with a chart annotation or deeper technical analysis (e.g., support/resistance levels, RSI, MACD, Fibonacci retracement).
you may find more details in the Chart Thanks Good Luck Traders.
DOW - H&S is getting progressed. 📉 DOW JONES – Head & Shoulders Pattern Formation (Right Shoulder in Progress)
The chart illustrates a clear Head & Shoulders (H&S) pattern, a classic bearish reversal signal, forming on the higher timeframe.
🧠 Pattern Breakdown:
Left Shoulder: Formed in early March.
Head: Sharp dip and recovery formed during early April.
Right Shoulder: Currently in the making, aligning with a weekly resistance near 42,880 levels.
Price is expected to reject this resistance and complete the right shoulder.
📌 Technical View:
Strong rejection expected near the weekly horizontal resistance.
If the right shoulder completes and breaks below the neckline (around 41,500–41,600), it may trigger a measured fall.
Fibonacci levels also align, with the 0.382 and 0.5 retracement acting as potential reaction zones.
🎯 Target:
Target: 40,900 levels (Right Shoulder support zone).
This is a confluence zone where buyers may reappear.
Also forms a neckline test, critical for breakout confirmation or reversal.
🔔 Trade Setup Insight:
Short bias activated near 42,880 resistance zone.
Watch for confirmation via bearish engulfing candles or lower time frame breakdowns.
Targeting 40,900 initially. Further downside possible if neckline breaks decisively.
⚠️ Disclaimer:
This analysis is for educational purposes only and does not constitute investment advice or a recommendation. All trading involves risk. Please perform your own due diligence or consult a certified financial advisor before making trading decisions.
US30 - Potential Sell (Day Trading)Hi Traders,
We might be in a short term SELL on $CMCMARKETS:US30.
Price Action Analysis:
4hr Chart: Price is now in sellers' territory and has approached this level with noticeable struggle. This hesitation makes me wonder if buyers are losing interest and if a potential discount (sell-off) is on the way.
1hr chart: Price still looking bullish. In order to see if the price will fall we will need to monitor it
Lower timeframe: Timing for entry
Good Luck!
STUDY, STUDY, STUDY. Lorenzo Tarati :)
US30 Breakdown May 19thWhy shouldn't you write with a broken pen? Because it's pointless. Just like your life if you don't stay focused on your purpose. Ok let's get to work!
Price is on a beautiful uptrend and right now it's on a retracement down to 42650 area. I believe price will continue to push up to the 42870 Level.
How I'll enter
I am going to wait for price to get down to the 42650 level
Wait for a break of structure as confirmation for a buy (on a 1min)
Then Buy
But like my ex, price does whatever it wants, so be careful and always wait for a break and retest or a break of structure near the key areas.
Have fun. And trade responsibly
US30 Is Very Bullish! Buy!
Take a look at our analysis for US30.
Time Frame: 1D
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is on a crucial zone of demand 42,620.8.
The oversold market condition in a combination with key structure gives us a relatively strong bullish signal with goal 45,530.9 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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 subscribe and comment my ideas if you enjoy them!
DJIA Price Action & SMC Analysis: Strategic Buy & Sell SignalsPEPPERSTONE:US30 DJIA Price Action & SMC Analysis: Strategic Buy & Sell Signals
Analysis:
Price Action Strategy:
The DJIA chart on the 1-hour timeframe shows a consolidation phase followed by a breakout. A Break of Structure (BOS) is marked, indicating a shift in market sentiment. The price has broken above a previous resistance level, suggesting a bullish trend. The volume profile highlights strong buying interest between 42,200 - 42,400, reinforcing the bullish setup.
Smart Money Concepts (SMC):
Key SMC elements identified:
Change of Character (CHoCH): Two CHoCH points signal a transition from bearish to bullish sentiment.
Fair Value Gap (FVG): Multiple FVG zones show areas where price may retrace to balance liquidity. The green FVG around 42,200 - 42,400 is crucial, aligning with volume profile data.
Break of Structure (BOS): Confirms the bullish continuation.
ICT Strategy:
Institutional trading levels and liquidity analysis:
Fibonacci retracement levels:
0.382: 42,495.3
0.5: 42,444.5
0.618: 42,393.6
0.705: 42,366.1
0.786: 42,321.2
The 0.5 retracement level is acting as a strong support zone, providing a potential buy opportunity.
Buy Strategy:
Entry: 42,586.0
Take Profit 1 (TP1): 42,637.0
Take Profit 2 (TP2): 42,800.0
Stop Loss (SL): 42,289.8
Sell Strategy:
If the price breaks below 42,289.8, consider a sell position:
Entry: 42,289.8
Take Profit 1 (TP1): 42,200.0
Take Profit 2 (TP2): 41,800.0
Stop Loss (SL): 42,586.0
Final Thoughts:
This DJIA analysis integrates Price Action, Smart Money Concepts (SMC), and ICT strategies, leveraging key indicators such as BOS, CHoCH, FVG zones, and Fibonacci retracement levels. These elements provide traders with a strategic framework for buy and sell opportunities, allowing them to make well-informed decisions.
DowJones INTRADAY key trading level at 41790US stocks point to slightly lower open as traders react to global and economic developments.
Main drivers:
Trump’s Gulf Visit: Markets are watching for any new investment deals or geopolitical tensions. A $600B Saudi investment deal was announced yesterday, and Trump is now heading to Qatar.
Tariff Optimism: Hopes of US-China tariff easing have supported recent rallies and reduced fears of a slowdown.
Rate Cut Expectations Lower: Stronger sentiment has reduced chances of near-term rate cuts by the Fed, ECB, and BoE. This may limit upside for some rate-sensitive stocks.
ECB Outlook: ECB’s Villeroy said a rate cut is likely this summer, keeping some dovish tone in Europe.
US CPI Impact: Markets are still digesting yesterday’s inflation data, which could affect future Fed moves.
Trading Takeaway:
Momentum is supported by global optimism, but fading rate cut hopes and geopolitical risks may keep gains in check. Stay alert for headlines out of the Gulf.
Key Support and Resistance Levels
Resistance Level 1: 42550
Resistance Level 2: 42910
Resistance Level 3: 43370
Support Level 1: 41790
Support Level 2: 41470
Support Level 3: 41220
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.
US30 Reversal Brewing? Key Demand Zone Holding Strong!The Dow is reacting sharply from a key demand zone around 41,881 – 41,905, hinting at a potential short-term reversal.
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Technical Breakdown:
Demand Zone Held: Price bounced multiple times off the orange zone, signaling strong buyer interest.
Bullish Candles Forming: Current price action shows momentum shifting in favor of bulls.
Upcoming Target Zones:
42,145 – Minor resistance / possible take-profit for scalpers
42,398 – Major supply zone where sellers could re-enter
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Potential Scenarios:
1. Bullish Play:
Buy above 41,905 after a solid bullish candle close
First TP: 42,145
Second TP: 42,398
SL: Below 41,860
2. Bearish Rejection (Invalidation):
If the price fails to hold 41,880 support, expect a deeper push toward 41,700 and below
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Why It Matters:
We’re heading into a major U.S. data release (see calendar icon on chart). Volatility is expected, so watch this zone closely for a breakout or rejection!
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What’s Your Bias?
Scalping the bounce or waiting for confirmation? Drop your trade setups in the comments below!
#US30 #DowJones #Indices #Forex #PriceAction #TechnicalAnalysis #TradingView
Is It Over?Today's red Doji candle at the underside of the downtrend line is a high potential short entry point if not already. Despite the rally the past week or so, it is far from convincing...no real conviction to buy this market and who can blame them.
The current wave 2 bounce will be followed by wave 3 down as the most likely scenario, or we are in a wave 4 to be followed by a wave 5 to complete, any firm close below the lows gives us our answer.
Gold is selling off, our $3400 target was met and reversed in a now wave 4 down, this may approach the $3160 area, or a sideways move before another strong wave 5 up.
This is a great opportunity to accumulate physical metals to protect yourself from the coming reset.
Appreciate a thumbs up, Good Trading and God Bless you all!
Trade Idea: US30 Long (BUY LIMIT)Justification:
Technical Analysis:
1. Daily Chart:
• Strong bullish reversal from recent lows.
• MACD is crossing up sharply, showing fresh bullish momentum.
• RSI at 62.33 — rising but not yet overbought (room to run).
• Price reclaiming key moving averages.
2. 15-Minute Chart:
• Clear uptrend continuation.
• MACD and RSI confirm bullish momentum.
• Price consolidating at recent highs — potential breakout formation.
3. 3-Minute Chart:
• Short-term consolidation near highs with low RSI (38.84) — possible dip-buy opportunity.
• MACD near zero — primed for a new short-term wave.
Fundamental Analysis (as of early May 2025 context):
• Likely market optimism surrounding softer inflation data and potential rate cuts.
• Dow components (industrials, financials) benefit from economic soft-landing expectations.
• VIX (if tracked) remains subdued, confirming risk-on sentiment.
⸻
Trade Plan (Long):
• Entry: 42,360
Near current consolidation zone on lower timeframes.
• Stop Loss (SL): 41,850
Below recent swing lows and key moving average support (approx. 510 pts risk).
• Take Profit (TP): 43,380
Targeting previous resistance area on the Daily chart (approx. 1020 pts reward).
FUSIONMARKETS:US30
US30 Sell Setup before the BIG MOVE TO THE MOON" US30 has been moonwalking higher like it’s got a VIP pass—thanks to those cozy deals between the US and EU. The bulls are charging like they’ve had one too many energy drinks, and honestly, it’s getting a little too enthusiastic up here.
So, I’m eyeing a sneaky short sale for a quick snack of profit before the long-term feast. But I won’t just dive in like a reckless lemming—oh no, I’ll wait for my trusty confirmations to wave their little green (or red?) flags first.
As for the long game? Once my short-sell shenanigans hit those sweet support levels (and hopefully bounce like a trampoline), I’ll switch teams and ride the buy train. Because why pick a side when you can profit from both?"
Hope that brings a smile while keeping your trading strategy sharp! 😆📈
US30 Breaks Out of Wedge – Bulls Eyeing 43,000 Next?Big breakout alert on the Dow Jones Index (US30)!
Key Technical Highlights:
Falling Wedge Breakout: Price broke out of a large falling wedge pattern, often a bullish continuation signal.
Clean Retest: We’ve seen a breakout above the neckline, followed by a minor consolidation – a healthy sign of trend continuation.
Trendline Confluence: Price is now riding the ascending trendline, showing strong bullish structure and momentum.
Next Zone to Watch: Immediate resistance near 43,000 could be the next key level. If bulls maintain momentum, that zone may be tested soon.
Trade Outlook:
Bias: Bullish, as long as price stays above 41,500–41,800 area.
Invalidation: A drop below the ascending trendline would invalidate the breakout and shift sentiment to neutral.
What do you think? Is this a bull trap or is the Dow ready to continue higher? Share your analysis below!
Smash that like button, comment your setup, and follow for more clean technical charts.
#us30 #dowjones #indextrading #priceaction #chartanalysis #breakoutstrategy #technicalanalysis #tradingview
US30 - At Resistance? Holds or not??#US30 #DOWJONES - market just reached near to his current resistance region.
And if market hold it in that case we can expect a drop from here.
So don't be lazy here and only short below that.
Note: we will go for cut n reverse above region on confirmation.
Good luck
Trade wisely
US30 Approaching Key Resistance Within Rising Channel:🧠 Chart Context & Overview
Chart Type: Candlestick
Time Frame: Appears to be Daily (based on price action and spacing of dates)
Current Price: ~$40,798.4
Indicators:
EMA 50 (Red): ~40,065.2
EMA 200 (Blue): ~41,475.6
Trend Structure: Ascending channel with higher highs and higher lows forming since early April.
🔍 Technical Breakdown
📈 Trend Analysis
The price is moving within a rising parallel channel, respecting both upper and lower boundaries.
The recent bullish candles indicate momentum building towards a breakout or test of resistance.
🔄 EMA Confluence
Price is above the 50 EMA, showing short-term bullish momentum.
EMA 200 is acting as overhead resistance (~41,475), aligned with the top of the channel—a key decision zone.
📊 Support & Resistance Levels
Immediate Resistance: ~41,475 (EMA 200 & upper channel boundary).
Support Levels:
~40,065 (EMA 50)
~39,000 (mid-channel support zone)
~38,000 (lower channel boundary)
📌 Scenarios to Watch
✅ Bullish Case:
A clean breakout above the channel and the 200 EMA (~41,475) with strong volume could trigger a trend continuation toward:
42,500 – next psychological and historical resistance
Potentially higher if macro sentiment aligns
⚠️ Bearish Case:
Rejection at 200 EMA or the upper channel could lead to:
A pullback to the mid-channel zone (~39,800–40,000)
Further downside to retest the lower channel support (~38,000)
📅 Outlook
The chart currently supports a bullish bias within an uptrend structure, but the key resistance zone (41,475) must be broken decisively for confirmation. Watch for volume and candle structure near that level to assess breakout validity.