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!
US30 trade ideas
Hanzo | US30 15 min Breaks – Confirm the Next Bullish Move🆚 US30 – Hanzo’s Strike Setup
🔥 Timeframe: 15-Minute (15M)
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💯 Main Focus: Bullish Breakout at 40500
We are watching this zone closely.
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Analysis
👌 Market Signs (15M TF):
• Liquidity Grab + CHoCH at 40420
• Liquidity Grab + CHoCH at 39870
• Strong Rejections seen at:
➗ 39900 – Major support / Key level
➗ 40300 : 40400 – Proven resistance
🩸 Key Zones to Watch:
• 40200 – 🔥 Bullish breakout level X 3 Swing Retest
• 40550 – Strong resistance (tested 5 times)
• 40200 – Equal lows
• 40420 – Equal highs
US30: Time to Reverse or Push Higher?Hey Traders,
As you can see on the chart, price tapped into a major level around the $37,000 area, where we saw a weekly liquidity grab followed by a 4H change of character — leading to a strong push up to the $40,800 zone.
Now, we’re looking at two possible scenarios:
📌 Scenario 1:
Price pulls back to the $39,100 area and gives a solid 4H confirmation → Targeting the $41,000 zone.
📌 Scenario 2:
Price breaks below the $39,100 area and the trendline, then pulls back into the same level with confirmation → Targeting the $37,000 / $36,000 area.
⚠️ This is not financial advice — just sharing my view on the current setup.
Be safe, be happy, and have a great trading day.
– Mr. Wolf 🐺
US30: Long Position Setup – Buyers Target Key ResistanceOverview:
The US30 index (Dow Jones Industrial Average) presents a clear long setup as price tests a crucial support zone, with potential bullish momentum targeting higher resistance levels. The chart's long position tool highlights a well-defined risk-to-reward framework.
Key Details from the Chart:
Long Position Tool Breakdown:
Entry Point: Price hovering near the support level, suggesting a strong buying opportunity.
Stop-Loss Level: Positioned slightly below the support to limit downside risk.
Take-Profit Target: Aiming for the next resistance zone above current price levels.
Support and Resistance Analysis:
Support Zone: A reliable level where buyers have repeatedly entered the market.
Resistance Zone: Above the take-profit target, where sellers might step in and stall upward movement.
Volume Insights:
Increased buying interest near the support level signals bullish sentiment. Volume profile analysis confirms strong participation at these levels.
Long Trade Plan:
Entry Strategy: Initiate long positions near the support level, ensuring confirmation with bullish candlestick patterns or a surge in buying volume.
Stop-Loss Placement: Secure the position with a stop-loss below the support level to protect against adverse price movements.
Take-Profit Levels: Target the resistance zone, maximizing potential gains while maintaining favorable risk management.
Market Sentiment:
The chart reflects growing buyer interest, with price action likely to push higher as long as the support zone holds. Traders should remain vigilant for reversal signals and manage positions accordingly.
Closing Thoughts: This long trade setup on US30 offers a well-balanced approach, allowing traders to capitalize on bullish momentum while minimizing risk. As always, patience and discipline are key to executing trades effectively.
DOW JONES Are you willing to bet against a 15 year pattern?Dow Jones (DJI) will close the month today with a massive rebound 1M candle after almost touching its 1M MA50 (blue trend-line). Since the October 2010 break above the 1M MA50, after the market recovered from the 2008 Housing Crisis, the 1M MA50 has been the ultimate long-term Buy Entry as it has always signaled rallies that ranged from +58% to +67%.
The 1M MA50 has also kept the index mostly within the 0.382 - 0.786 Fibonacci range (blue zone) of the multi-year Channel Up. Given also that the 1W RSI also reached in April its ultimate Buy Zone (green), we view this as the best long-term Buy Signal the index handed to us since the September 2022 bottom of the Inflation Crisis.
Since the Bullish Legs that followed have been fairly consistent on average, we expect another 58% rise minimum. Assuming a 'bad-case' scenario of being contained within the 0.786 Fib, then a 56000 long-term Target seems more than fair.
Are you willing to go against this pattern?
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Bearish drop off overlap resistance?Dow Jones (US30) is reacting off the pivot which has been identified as an overlap resistance and could drop to the 1st support.
Pivot: 40,653.80
1st Support: 39,356.30
1st Resistance: 41,490.90
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DJIA H4 | Pullback resistance at 78.6% Fibonacci retracementThe DJIA (US30) is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 41,305.11 which is a pullback resistance that aligns close to the 78.6% Fibonacci retracement.
Stop loss is at 42,743.85 which is a swing-high resistance.
Take profit is at 39,324.35 which is an overlap support.
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Trade Idea: US30 Long (BUY LIMIT)Technical Analysis Summary
Daily Chart (Macro View)
• Price has bounced off a key support near 37,700 and reclaimed the psychological level 40,000.
• MACD is starting to reverse higher from oversold conditions, showing early bullish divergence.
• RSI is recovering from below 30, now near 49, indicating a potential trend reversal.
• Trend: Medium-term recovery from a correction; possible continuation to recent highs around 44,000.
15-Minute Chart (Tactical Entry Zone)
• Price has broken a downtrend and is now consolidating above previous resistance at 40,000.
• MACD is bullish (histogram rising), and signal lines are above zero.
• RSI at 62.6, suggesting bullish momentum but not yet overbought.
• White MA shows clear upward curvature.
3-Minute Chart (Precision Entry)
• Recent pullback retested the MA and bounced.
• RSI at 66, nearing overbought, but price is in clear short-term uptrend.
• MACD just crossed bullish again after a small consolidation.
⸻
Fundamental Context
• Recent Fed signals suggest potential rate pause or cuts, which is bullish for indices.
• Earnings season has generally surprised to the upside, especially among large caps.
• Macro backdrop: Slowing inflation + strong labor market = supportive of equities.
• Risk appetite is increasing, as seen in tech and industrials rebounding.
⸻
Trade Setup
• Position: Long US30
Entry
• Buy: 40,200 (current price action confirms upward momentum)
Stop Loss (SL)
• SL: 39,700 (below recent 15-min swing low & psychological level)
Take Profit (TP)
• TP1: 41,200 (recent intraday high and near resistance)
FUSIONMARKETS:US30
US30 Breakout from Symmetrical Triangle – Bullish Targets EyedUS30 (Dow Jones) has successfully broken out of a symmetrical triangle consolidation pattern, signaling a shift toward bullish momentum. The breakout is occurring after a strong recovery from April lows, with higher lows supporting upward price pressure.
🔹 Chart Structure:
Symmetrical triangle with a clean breakout above descending resistance.
Series of higher lows indicating accumulation.
Bullish breakout confirmed with price pushing above the 40,580 zone.
🔑 Key Levels:
Current Price: 40,586
Breakout Confirmation Level: 40,580
Immediate Resistance/TP1: 42,762
Major Resistance/TP2: 43,924
Support Zone: 38,950
Invalidation/Stop Level: Below 38,950
✅ Bullish Confluence Factors:
Breakout of symmetrical triangle pattern
Higher lows indicate bullish strength and accumulation
Momentum shift visible on lower timeframes
Positive correlation with improving US equity market sentiment
Anticipation of dovish Fed tone could boost equities
🧠 Fundamental Context:
Market is cautiously optimistic ahead of FOMC this week; dovish stance expected due to recent soft economic indicators.
Earnings season tailwinds and lower bond yields support index gains.
Ongoing political and tariff-related headlines may cause volatility, but technical breakout remains in focus.
💡 Trade Idea:
Bias: Bullish
Entry: On successful retest of 40,580 or continuation above 40,600
TP1: 42,762
TP2: 43,924
Stop Loss: Below 38,950
📌 Note: Watch for pullbacks to triangle resistance-turned-support. FOMC and US macro data releases midweek can impact momentum.
Dow Jones Swing Short IdeaComing off All Time Highs after a trump victory rally it is time for an exhausted bull market to come back and find fair value for the real bulls that buy this. the amount of greed that's sits currently in this market is to dream of for bears, and their time haas come 34500 inbound...this target should come through in the next 12month candle so its a long term leap trade.
DXY has been coming down too much, it's time to hit the kill switch on stocks and worry more on the dollar and all this inflation/tarriffs/war/ trump/ etc . DXY up = stocks down
Potential declineDow Jones is currently struggling to reach 40,872. The index has been rising slowly daily, but the bullish move might decline if it cannot surpass the 40,872 barrier. The bearish move will be fulfilled if price action manages to remain under 40,800, stabilise below the 40,232 and 40,000. This is because of breaking out of the bullish trend and remaining outside and under the mentioned barriers, which will spearhead the likelihood of a downward trajectory.
The potential fall may target 39200 and 38900, which may also lead to the development of the right shoulder of the inverse head and shoulder pattern, potentially for a bullish rise. However, if price action fails to go down and also stabilises above the 40872, the index will likely continue rising into the 41,000 and 42,000s.
DJI - 2000 pts already moved out of 8000 pts since last posted?It has already moved around 2000 points since last posted on 22nd April. Expecting around 8000 points moved as per mentioned earlier and the levels are still the same. Introduced additional levels for the better understanding. So, another 6000 points move pending before any reasonable correction? let's see.
Upside: 41240.49, 43084.22, 45025.94 and 46967.67
Downside: 34578.53, 32728.34, 30786.61 and 28844.88
US30 AFTERNOON SESSION MAY 13Damn!! Why price acting up for? Lol let's handle it.
Price, after a very heavy push up seems as if its starting to fall off bit. Its making a head & shoulders pattern and its starting to sell. When price breaks and retests the neckline I'm going to get in for the sell and sell it down to 41970. Trade responsibly and have fun.
US30: Next Move Is Down! Short!
My dear friends,
Today we will analyse US30 together☺️
The price is near a wide key level
and the pair is approaching a significant decision level of 42,240.1 Therefore, a strong bearish reaction here could determine the next move down.We will watch for a confirmation candle, and then target the next key level of 42,166.6.Recommend Stop-loss is beyond the current level.
❤️Sending you lots of Love and Hugs❤️
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
Dow Jones Wave Analysis – 12 May 2025
- Dow Jones broke the resistance area
- Likely to rise to resistance level 43000.00
Dow Jones index recently broke the resistance area between the resistance level 42000.00, 61.8% Fibonacci correction of the downward impulse from February and the resistance trendline from the same month.
The breakout of this resistance area accelerated 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 43000.00 (former top of wave 4 from March).
US30 Breaks Out – New Highs Incoming (12/05/2025) 📈 US30 Breaks Out – New Highs Incoming? (12/05/2025) 🚀
US30 just smashed through key resistance at 41,400–41,700 and is now trading above 42,150 🟢. After weeks of range-bound structure, buyers finally broke the chokehold with volume and momentum confirmation.
Both the 20 EMA (white) and 50 EMA (blue) are angled up — and price is riding above them. We’re in strong bullish structure 🧠.
🔑 Updated Key Levels:
📍 New Support: 41,700–41,400 (previous resistance flipped)
⚠️ Mid-support: 40,694
🧱 Major Support: 39,775
🎯 Next resistance to watch: 42,359 (previous swing high zone)
🎯 Playbook Going Forward:
✅ Hold above 41,700? → Expect continuation to 42,359 and possibly 43K+
⚠️ Fakeout alert: If we close back below 41,400 on high volume → bear trap or liquidity grab
🧠 Pullbacks into EMAs = potential long entries with confluence
🧠 Psychology Check:
Don’t short strength — wait for breakdown structure
High breakout = higher risk → let price pull back to react
US30 Reaches Critical Resistance – Breakout or Major Rejection IThe Dow Jones is testing a key supply zone near 41,700 after a strong bullish rally. But with multiple U.S. economic events on deck, this could be a make-or-break moment for US30.
1H Technical Breakdown:
1. Major Supply Zone (Resistance):
41,119 – 41,800 zone is a major supply cluster identified by LuxAlgo’s Visible Range.
Price is consolidating right at the top – signs of distribution may be forming.
2. Key Support Levels to Watch:
39,274: If the price rejects and breaks below this, a medium-term reversal could start.
37,484: High volume demand area and previous macro support – this would be the key bounce zone in case of sharp correction.
3. Bullish or Bearish?
Bullish case: Break and hold above 41,800 could trigger a squeeze toward all-time highs.
Bearish case: If the index fails to clear this supply zone and drops below 41,119, expect pullbacks to 39,274 and potentially 37,484.
4. Macro Catalyst:
Multiple U.S. economic events approaching (highlighted on chart: CPI, FOMC, etc.)
These will bring volatility – timing your entries around them is critical!
Possible Trade Setups:
Short Setup: Wait for rejection near 41,800 with a breakdown below 41,119
TP1: 39,274
TP2: 37,484
SL: Above 41,900
Long Setup: Breakout retest above 41,800 with bullish momentum
TP1: 42,500
SL: Below 41,200
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Let’s debate:
Is this a bull trap or the beginning of another rally?
Comment with your thoughts and setups!
#US30 #DowJones #Indices #TechnicalAnalysis #MacroTrading #SupplyDemand #LuxAlgo #StockMarket
US30 Technical Analysis – GTE VIP Sell AlertUS30 Technical Analysis – GTE VIP Sell Alert
Price has tapped into a strong resistance zone near 41,700, where previous rejections occurred. After a sharp bullish push, momentum appears to be slowing, and the market is overextended on the 1H chart. We expect a potential retracement toward the mid-range or support zone near 41,600–41,550. Stochastic is in the overbought area, signaling a possible reversal.