DJI trade ideas
US30 - Make or Break zone!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
๐ US30 is currently retesting its all-time high at $45,000.
๐นFor US30 to enter the price discovery phase and reach new ATHs, an 4H candle close above $45,000 is required.
๐On the other hand, if the last major low marked in red is broken downward, a deep correction towards the orange support would in play.
For now, we wait! โฑ๏ธ
๐ Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. This helps me cover the cost of providing regular insights.
US30The US30, also known as the Dow Jones Industrial Average (DJIA), is a stock market index that tracks 30 of the largest and most influential blue-chip companies in the United States. It represents a diverse range of industries, including technology, finance, healthcare, and consumer goods. Unlike other indexes that are market-cap weighted, the US30 is price-weighted, meaning higher-priced stocks have a greater impact on its movements. It is often used as an indicator of overall economic health and investor sentiment, making it a popular choice for traders and long-term investors.
DOW?
It is very clear.. we had 3 weeks of uptrend.
Currently at week HIGH.
Can we assume down from here?? NO
It is STILL uptrend
Can we assume higher from here? NO
It is at weekly resistance.(to the left)
What I will do.. I will wait the daily
I will set a trigger.. support/resis broken on either side.
The reading of finance/bloom/investing will give some edge of sentiment.
I'm have bias on upside.
I'm no guru
DJIA Breakout Incoming? Bulls Eye 48,000+Dow Jones Industrial Average (DJIA) Analysis โ Bullish Continuation?
The DJIA remains in a strong uptrend, respecting the rising channel structure.
Recent price action shows a successful retest of key Fibonacci support, followed by a bullish bounce, signaling a potential continuation toward new highs.
Dow Jones 30 is near its all-time high. Can we create a new one?Can the Fed help the MARKETSCOM:US30 move a bit further north and establish a new all-time high? There is a possibility for that, however, we need to wait for the Fed press conference, when market volatility may increase significantly. That said, let the market settle and we can see what we can do. Check the video for more details.
TVC:DJI
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DOW JONES close to a rejection. See where to buy & target 47000.Dow Jones (DJI) gave us the most optimal buy entry on our previous call (January 09 2025, see chart below), as we bought right below the 4H MA200, which was the bottom of the 1-year Channel Up, and on minimum risk it hit our 45000 Target:
The price is currently about to break above Resistance 1. As this chart shows, every time a sub-1D MA50 (blue trend-line) rebound broke above a Resistance 1 level, it was only on a marginal note and then corrected back to the 1D MA50.
The two notable examples where August 30 2024 and May 20 2024. After the correction bottomed and the bullish trend was resumed, the rebound that followed reached the 1.5 Fibonacci extension, making a roughly +8.50% rise from the Low.
This indicates that the next Higher High of the Channel Up should be a little over 47000 and that will be our Target after we catch that 1D MA50 pull-back entry.
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Potential buy - US30 W patter - 15 minsQuick buy to 1:1 Ratio.
If Chart breaks price with strong candle at 44908 it indicantes and validates the W Pattern to go up.
Risk no more than 1% of your account for this trade.
this is the second idea for the week. first one was a win, hopefully this one as well.
do not enter only after it breakes the neck price and pay atttention to the 15 mins prior candle and the candle breaking it with.
price action has to give us the trade, do not enter yet only until it breaks it with a good confimaton cadle.
Follow for more.
Comment your thoughts
Also if you enter, pelase comeback and commenet if you profit with the trade.
Regards,
Large 1000 points drop - panic drop signal possible rebound dipThe Dow had a strong dip yesterday and this shows a price in exit after the Fed announcement yesterday. Due to the sudden drop that coincides with the pocket of support at 41,700-42,300, the DJIA may signal a possible rebound. Despite declining momentum, the psychological of the market and price action signal maintain the uptrend sentiment. Hence, we maintain our long-term target at 46,000
US30 Possible Set UPUS 30 Upward trend is still intact however short term selling and long term buys areas are marked on the chart all trades will be executed upon confirmation
upcoming week Likely Sell Zone 44500 area Buying area with 200 - 300 pips target 43200 area incase we get closure below the 43200 area than target will be 42250 area from where we will look for buying
US30 - 15 min ( Best Buy & Sell Scalping After Break Out ) The analysis of the US30 index on the 15-minute time frame indicates a bearish sentiment following the breach of key levels, specifically the 44820 and 44620 areas, accompanied by significant trading volume. Such conditions suggest a potential downward trend, underscoring the importance of precise opportunities rather than mere numerical assessments in trading strategies. This approach aligns with our commitment to delivering the most accurate market analysis.
"โก๏ธUS30 / FXCM
Best Break Our / Key level's 15m Tf
๐จBearish After Break key level + High Volume / 44820 Area
๐จBearish After Break key level + High Volume / 44620 Area
โก๏ธ We Only Sent Most Accurate Opportunity and Analysis ๐ฒ Not by Number ..+
Dow 30 is nearing its ATH, how can we trade it?What's next for the Dow, and how can we trade it to maximize our return and reduce our risk?
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