The Dow Jones index ended the correction processBy examining the trend in the daily time frame, the Dow Jones index, having an important support interval in the range of 40,348-40,078, can increase to the previous ceiling resistance in the range of 41,360.Longby arongroupsPublished 3
US30 trade ideaStill a continuation of last weeks movement. After breaking below the support on friday a retest followed and we anticipating for a further continuation to the downside, target being the next zoneShortby SaacTradesPublished 3
Bearish Trend Expected Below Key Resistance at 40420Technical Analysis: US30 The price has reached the resistance level of 40420, as mentioned in the previous analysis, and has since dropped, consolidating between 40060 and 40420. Current Outlook: The US30 is expected to decline as long as it trades below 40420, targeting 40060. A break below 40060 would suggest a continuation of the bearish trend. Bullish Scenario: For a bullish trend to be confirmed, the price needs to stabilize above 40420, with confirmation coming from a 4-hour candle closing above this level. Bearish Scenario: As long as the price trades below the resistance line at 40420, it is likely to test 40060. A break below 40060 would indicate a downtrend towards 39790. Key Levels: - Pivot Line: 40420 - Resistance Levels: 40640, 40580, 41050 - Support Levels: 40080, 39880, 39600 Today's Expected Range: The price is anticipated to fluctuate between the support at 40060 and the resistance at 40650. Previous Idea: Shortby SroshMayiPublished 4
bull runLooking at taking buying opportunities at the current price as the market is saturated with sells from last week it is a counter trade and looking at LTF's High swings as my target areas.by cpointfxPublished 1
US30 market analysis forecastanalysis forecast for dow jones, hence the coming week I see weakness on dollar indexLongby LordemersonUpdated 1111
Correction It is expected that the correction process will end in the current support range and we will see the beginning of the upward trend. If the price crosses the level of 78.6%, the downward trend will continue Shortby STPFOREXPublished 0
PART 5: 67years back in time..This is the last episode. We may return to this analysis to modify it as time goes on. Check back for a new episode. Talking about how we will be trading this market and where our Stop loss should be placed. Thank youLong14:49by awuahbaffourPublished 1
PART 4 67years back in timeWe have previously established the close relationship between the 1899-1929 period and the 1997-2028 market cycle. Various arithmetic sequences and planetary cycles that influenced the price movement during the 1899-1929 cycle are true to happen in the current cycle. As we saw in this video, the price movements already recorded obeyed the same laws as of the 1899-1929 period and would continue to do same.. Check back for PART 5 as we look at the small timeframe and possible ways we can trade the market.Education15:21by awuahbaffourPublished 0
Dow Jones is approaching an important supportHey Traders, in today's trading session we are monitoring US30 for a buying opportunity around 39600 zone, US30 is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 39600 support and resistance area. Trade safe, Joe.Longby JoeChampionPublished 1112
US30 DOW JONES INDEX│ US30 │ 22 - 26 JULY 2024 - Daily timeframe Illustrated by the red & grey dot are the weak & strong highs and lows respectively. The daily timeframe is currently experiencing a pullback and will only be confirmed bearish at the break of 39176.0 Although we are in discount price has not tapped into of the PD Arrays I look for • Bullish bias - Four-hour timeframe Testament to the daily timeframe correction we can see that the four timeframe has switch bearish and our closest swing high is 41424.6. No swing low has formed yet on this timeframe and price could go even lower from this point. We will have to wait for price action to determine that for us. • Bearish bias - 15-minute timeframe Price is in a range; we have created both swing lows & highs but have no seen a violation of either of the two. This is all just fractal evidence of what is happening on the long and medium term timeframes. • Consolidation Once we have a clear directional bias on the 15-minute timeframe we can drop lower into our entry timeframe, which is the 5-minute timeframe, and look for any entry model that aligns with the bias established on the short-term timeframe ©Austin Palmer for FONOS Fx, 2024. Longby Austin_PalmerPublished 1
US 30 - Ranges overview Here is what I will be looking for upcoming week on US 30. As you can see we've broken out of the HTF range (red line) and we are currently trading back towards the sellside. IF we break back within the range and hold expect some downside pa towards 39500. This will confirm a deviation of the highs of the range. IF we hold the current sellside...expect us to retrace towards the buyside liquidity and to continue towards new ATH. No need to impose your WILL on the MARKET. LET IT COME TO YOU AND TRADE WHAT THE MARKET SHOWS YOU PLAN....PATIENCE....EXECUTE Stay safe and never risk more than 1-5% of your capital per trade. The following analysis is merely a price action based analysis and does not constitute financial advice in any form.by Patrick2707Published 0
PART 3: 67years back in timeContinuation of our DJI series. Check back for PART 4Education11:21by awuahbaffourPublished 110
The US30 bearish out look. High probability sell set up inbound on us30. If support can not hold. Shortby samstoobadPublished 3
PART 2: 67years back in timeContinuation of the cyclic Movement of the DJI market. Make sure you watch the previous post and check back for PART 3Education10:11by awuahbaffourPublished 330
PART 1 67years back in Time.Here and elsewhere we may not get the best insight of things until we witness them grow from the beginning... Aristotle 322 AD check back for part 2Education11:41by awuahbaffourPublished 2
US30 LONG POSITION2 WEEK-LONG BUY POSITION Possibly can reach above current ATH price 2 areas to look for buy position - - - - wait for bounce on m30-h1 timeframe for confirmationULongby CourageousBookwormUpdated 6
US30 - SHORT Trade CallOn 1h TF, Bearish divergence is present on RSI. On closing of red candle SHORT Trade is in Order. SHORT Trade Entry Sell Limit : 40780 Stop Loss: 40820 TP1: 40740 TP2: 40700 Shortby Golden_SpurUpdated 6
Weekend Outing Funds US30 to make a drop going into the weekend. a 1 to 4 risk to reward trade. see chart for entry and exist. trade RESPONSIBLY Shortby wizzywise1Updated 11
Trade summary DJ30 reversal continuation tradeNice reversal situation on DJ30 in a very bullish chart showing weakness yesterday with a fakeout high on the daily and a FRD close out of balance... today the continuation trade 3rd hour NYShort03:19by TC888Published 2
US 30 MAINTAINS A BULLISH STRUCTURE Price trades at 40400. I suggest a bullish trend to develop so soon from the current A buy opportunity can be obtained around that price level Longby CartelaPublished 2
DJI 40590 to 41300 target hit what next ?? The DOW JONES reached the upper target of 41300 with a print of 41390 and into it spiral 927.7 to the tick. we are now in minor wave 4 of 5 of 5 at best the worst is we upthrust out of the 4th wave triangle I talked about . DO NOT BE LONG DIA from here out .or until the structure forms a abc and pulls back to .382 of wave 3 of 5 by wavetimerPublished 2
WATCH DOW JONES NEXT POTENTIAL MIVE TODAY!!!! 🚨 US 30 HIGH PROBABILITY SELL SETUP🚨 * Here We Can See Clearly The Next Potential Move For US 30 Today. * Keep Your Eyes Close On Your Trading Positions. * Happy PIP Hunting Traders. * FXKILA *UShortby FX-PIPHUNTERUpdated 15