Second Entry for US30 BuyGuys keep holding second entry and close when it gets to the first entry... You can hold some with BREAKEVEN.
Enjoy mighty profit
US30 trade ideas
22-10 ProbelegUS30 10/22: US stock index futures fell Tuesday as a bond selloff pushed up Treasury yields, putting pressure on interest-rate-sensitive stocks as investors waited for a flurry of corporate earnings to provide clearer market direction. We initiated a sell at 42.77 but will not extend this any further for a while. The trend change is too early for a definitive adjustment.
DJIA H4 | Potential bullish reversalDJIA (US30) is falling towards a swing-low support and could potentially bounce off this level to climb higher.
Buy entry is at 42,779.36 which is a swing-low support that aligns with the 38.2% Fibonacci retracement level.
Stop loss is at 42,320.30 which is a level that lies underneath an overlap support and the 23.6% and 61.8% Fibonacci retracement levels.
Take profit is at 43,369.56 which is a swing-high resistance at the all-time high.
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DJI- Correction to 40k zone?Since mid-September, the Dow Jones Industrial Average ( TVC:DJI ) has resumed its upward trend, reaching new all-time highs.
This recent rally reflects investor optimism and strong market momentum.
However, despite this bullish movement, the rise appears to be contained within a rising wedge pattern, which can often indicate a potential reversal or the weakening of an uptrend.
For traders and investors, a key confirmation of this potential correction would be a decisive drop below the 42,500-42,700 support zone. If the Dow30 breaks below this critical level, it could trigger a larger sell-off, possibly pushing the index down toward the 40,000 level—a significant psychological and technical support zone.
While it’s still too early to confirm whether this correction will take place, it’s important to keep an eye on the price action around the 42,500-42,700 range.
If the index fails to hold this zone, it could mark the end of the recent uptrend and the start of a broader market pullback.
In summary, while the Dow30 has been reaching new heights, caution is warranted due to the rising wedge pattern and key support levels.
If these signals confirm a correction, we may see the index retracing toward 40,000 in the near future.
Another Buy Opportunity on the Dow / US30This is a simple but effective approach for me that I have been using to trade US30 for some time now.
This is a top down analysis from weekly all the way to 15M.
Everything is bullish so I will never be selling this pair. That's why I am looking for a dip or pullback of this pair going to my buy zones.
I have 3 possible buy zones because we will never know where price will reverse.
So I am setting my alerts on these zones for me to be ready once it triggers.
I will update this idea again once price visited the zone for a possible 5M TF entry to get a better risk reward and targeting the All-time high or even higher if we get a very strong momentum since we have a red news later on New York session therefore we will have possible more volume coming in for this market.
US30: Seize the Opportunity - Buy Signal Active!US30: Seize this buying opportunity on the US30, as market conditions indicate a potential upward trend. The US30 is currently in a reversal phase, making it an ideal time to enter the market. Pay close attention to technical signals and indicators, as the US30 could soon experience a strong rise. Don't miss this buying opportunity on the US30 to maximize your gains.
DOW JONES 1hour Channel Up on its bottom. Buy.Dow Jones / US30 is trading inside a Channel Up and the price hit its bottom today.
By doing so it almost tested the 1hour MA200, which is holding since October 9th.
Also it completed a decline identical in % terms with the first one of the pattern.
This is a strong buy opportunity. Buy and target 43,450 (top of the Channel Up).
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US30 Idea ContinuationFrom last weeks sell idea, it seemed to respecty the consolidation area. With reaspect to the charting will be including wicks to ensure a larger more accurate supply/demand zone.
Overall bullish with making more highs but expecting a mild consolidation
#US30 Time to Lock in ProfitsBased on the current Elliott wave count, it appears that the price is at or nearing the top of wave 5 on the daily timeframe. As a result, we might anticipate a price downturn, if not a full reversal.
At this point, it would be prudent to lock in profits and prepare for a potential downward movement.
Additional confluences, such as the occurrence of bearish divergence in two degrees, and appearance of rising wedge pattern in 4H timeframe, further support the possibility of a top formation.
US30 short on retracement The Dow has been bullish for the past four weeks and a slight pullback to the 42728 psychological level is probable before it resumes to trend.
DOW/US30 - GOOD TIME TO SHORTTeam, we are shorting the DOW at 43315-43345
STOP LOSS at 43465
target at 43265-55
target at 43195-83205
target at 43112-25
Once the Price hits the first target, BRING stop loss to BE. Ensure take 60-70% profit .
Dow Jones (US30) - Elliott Wave Count5th wave seems to be finished as an ending diagonal. We can expect price to fall sharply anytime soon now.
US30 10/21/24💡
🔍 5hr time frame: Price is currently over extended.
Bias: Neutral, waiting for price to correct into the 10/20emas.
US30 SELL ANALYSIS DOUBLE TOP PATTERNHere on Us30 price form double top and try to go move down so if line 43065.7 break so there is a chance of moving more down so trader should look for SHORT with expected profit target of 42936.5 and 42777.4 . Use money management
US30 Market Analysis (Sell Bias):US30 Market Analysis (Sell Bias):
We are selling US30 due to key technical indicators pointing towards a potential downside move. The price is currently at strong resistance levels, where past price action has shown difficulty in breaking higher. In addition, the trend lines indicate a downward trajectory, and pivot points are aligning with this resistance, reinforcing the sell signal.
The stochastic oscillator is also showing overbought conditions, suggesting the index is overextended and due for a pullback. With these factors in play, a sell position aligns well with the current technical setup.
