US30 14H We are at the end of the fifth wave and it is likely that the Dow Jones index will take a break up to the specified areas! There is also a divergence in the RSI! What do you think?Shortby Trading-HousePublished 4419
Dow Jones Targets New Highs Amid Fed RateDow Jones Closes at a Record High Above 41,700 Ahead of Major Fed Event Technical Analysis: The price has stabilized within a bullish zone and, depending on that will continue the trend while above 41565 Sustained stability above 41,565 could drive the index higher towards 41,980. Conversely, a break below this level could signal a corrective move down to 41,340. Additionally, a short-term correction to 41,620 is possible from the current price. Key Levels: Pivot Point: 41,620 Resistance Levels: 41820, 41980, 42100 Support Levels: 41565, 41340, 41030 Trend Outlook: Uptrend: Above 41,565 Downtrend: Below 41,340Longby SroshMayiUpdated 15
"Hindenburg's Omen" to predict a stock market crash."Hindenburg's Omen" to predict a stock market crash. "Hindenburg's Omen" is a technical indicator in financial analysis designed to predict a potential significant decline or a stock market crash. Here are the main things to remember about this indicator: Definition and origin Introduced by Jim Miekka in the 1990s. Named after the Hindenburg airship disaster in 1937, symbolizing an unexpected disaster. How it works - Hindenburg's Omen is triggered when several conditions are met simultaneously on a stock market: - A high number of stocks reaching both new highs and lows over 52 weeks (usually more than 2.2% of stocks). - The number of new highs must not exceed twice the number of new lows. - The stock index must be in an upward trend (positive 50-day or 10-week moving average). -The McClellan Oscillator (sentiment indicator) should be negative. Interpretation -When these conditions are met, the Omen suggests underlying market instability and an increased risk of a significant decline. -The signal remains active for 30 trading days. Reliability -The indicator has correctly signaled some historical crashes, such as the one in 1987. -However, its reliability is questionable as it also produces many false signals. Usage -Generally used in conjunction with other forms of technical analysis to confirm sell signals. Traders can use it to adjust their positions or as an alert for increased market monitoring. It is important to note that, like any technical indicator, the Hindenburg Omen is not infallible and should be used with caution, in conjunction with other analytical tools. In the following photos, a harmonic "BLACK SWAN" pattern was detected on the DOW JONES, announcing a stock market crash or a strong correction!Educationby Le-Loup-de-ZurichPublished 4
Hellena | DJI (4H): Long to resistance area 41687. Dear colleagues, I believe that the correction in the wave “2” has already taken place and therefore the impulse wave “3” has started, which according to the rules of wave analysis should reach the resistance area 41687. This is possible in 2 cases: 1) wave 1 has not been formed yet 2) after wave 2 in wave 3 (then this level will be reached 2 times). Manage your capital correctly and competently! Only enter trades based on reliable patterns!Longby Hellena_TradeUpdated 2215
DOW JONES IS NEAR TO THE END OF BULL TRENDYes, you don't read it wrongly. After the shocking Fed's 0.5% cut rate yesterday, market reacted by pushing to the upside, but the force is not strong enough that could be assumed as the last push is being made, BEFORE THE DOWNFALL. Get ready for the huge correction on Dow Jones and "his friends" as S&P500, Nasdaq too. CHEERS!Shortby steveivanPublished 7
Dow Jones Industrial - DJI - is creating a ending diagonalEnding Diagonal Overview An Ending Diagonal is a pattern that signifies the exhaustion of a larger movement. It occurs at the final stages of a trend, either at the end of a five-wave impulse or at the end of an A-B-C corrective structure. Typically, ending diagonals take longer to unfold compared to standard impulses, indicating a slowdown and an imminent trend reversal. Key Rules for Ending Diagonals • Where they appear: Ending diagonals can occur in either Wave 5 of an impulse or Wave C of a corrective structure. • Wave count: An ending diagonal subdivides into five waves. • Wave structure: Each of the five waves in an ending diagonal consists of three smaller waves. • Wave overlap: In an ending diagonal, Wave 1 and Wave 4 overlap, unlike a standard impulse. Guidelines for Identifying an Ending Diagonal • Wave size: Wave 1 is typically the largest among Waves 1, 3, and 5. • Contracting vs. Expanding Diagonals: • In a contracting diagonal, Wave 5 often terminates slightly beyond the trendline connecting Wave 1 and Wave 3. • In an expanding diagonal, Wave 5 typically ends before the trendline connecting Wave 1 and Wave 3. • Wave 3 extension: If Wave 5 is an ending diagonal, Wave 3 is most likely to be extended. • Implication of extensions: Wave 5 extensions, truncated fifths, and ending diagonals all suggest a significant reversal is approaching. • Sub-wave structure: Unlike typical impulses, the sub-waves Wave 2 and Wave 4 do not alternate in terms of structure. Both corrections are usually simple ZigZag patterns. • Throw-over phenomenon: Often, prices may briefly shoot beyond the trendline connecting Wave 1 and Wave 3 in a phenomenon known as a throw-over, indicating extreme exhaustion. This is followed by a sharp reversal. • Trading opportunity: A strong buying opportunity usually emerges when prices break above the diagonal trendline connecting Wave 2 and Wave 4. Internal Wave Structure The internal structure of an ending diagonal follows a 3-3-3-3-3 pattern. Each of the five waves in the diagonal subdivides into three smaller waves, typically following an A-B-C ZigZag pattern. This differs from a typical impulse, which subdivides into a 5-wave structure. Conclusion Ending diagonals mark the completion of major trends and serve as powerful reversal signals. Recognizing their internal wave structure and the key characteristics such as the overlap of Waves 1 and 4, the throw-over, and their 3-wave subdivisions can help traders identify impending reversals and take advantage of new trend opportunities.Shortby integer256Published 115
DOW JONES Is a post Fed decline valid before an October rally?The day has come when the Fed will finally cut the Interest Rates for the first time since the early 2022 hike cycle and the question in the market is whether it will be by -0.25% or -0.5%. High volatility is expected intra-day but technically Dow Jones (DJI) remains within an uptrend (Channel Up) both medium-term (5-months) and long-term (2 years). The last support and bounce was offered by the 1D MA50 (blue trend-line) on September 11 and that broke the remarkable symmetry that the index had so far with the March - August 2023 fractal. That fractal suggested that after a (dotted) Channel Up, the index should make a correction below the 1D MA200 (orange trend-line) but on September 11 instead of breaking below the 1D MA50, the index rebounded (as mentioned above) and diverged from the fractal. This means that the Bullish Led (green Channel Up) may this time start earlier and the rally may break above the 2-year Channel Up and finally deliver a new long-term pattern, possibly more aggressive. Seasonality however is a big factor for investors and as we can see, the last two Septembers (2023, 2022) have been bearish, extending corrections that started in August but eventually managed to price a bottom in October. As a result, any remark by Chair Powell during the press conference that isn't well received by the market, can initiate a short-term pull-back towards the 1D MA200, ranging from -5.07% to -6.90%. In our opinion, if that takes place, it will be a tremendous buy opportunity until at least the end of the year. If however Powell delivers what the market is expecting (and more), we expect the pattern to continue its divergence from the 2023 fractal and enter the more aggressive bullish pattern earlier. If the more aggressive pattern prevails, a 46000 target is very probable by the end of the year. Notice that this divergence is also evident when comparing the 1D RSI sequences of the two fractals. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇by TradingShotPublished 2228
TIME TO SHORT US30 AT 42192-42185We have setting up this trade for last 4 hours we been successfully short them earlier. First target will be at 42037, please ensure take profit 50% bring stop loss to BE then target further. to 41968.2 then target 3 at 41889Shortby ActiveTraderRoomPublished 4
US30 POTENTIAL SELL Trade Idea US30 Sell Opportunity US30 Timeframe 30-Min Entry 41990 Target 41950 Range 30-75 pips Stop Loss 42055 Rationale Price imbalance at 41990 indicates potential sell-off Risk-reward is favorable with a target of 30-75 pips and a 65-pip stop loss Execution 1 Sell at 41990 2 Close near 41950 3 Set stop loss at 42055 Shortby BluezFxTradersPublished 3
US30 9/20/24💹 👁️ Outlook 30m Context Time Frame: Price is re-accumulating and surfing the emas 10/20 and expecting price to push higher towards that 30m hh Daly Bias: Bullish Keeping an eye on this. 👁️Longby angelvalentinxPublished 3
US30 updateWhat I see is not what everyone sees,but the results behind my work is amazing, I might be not good in writing but am good on following right by the right time I don't mess a chance n goo against the trend nah,goo big or goo home if you die die 😀 Longby mulaudzimphoPublished 223
Rate Cut Incoming. Buckle Up"What the Yield Curve and Fed Moves Mean for Your Next Trade." Historically, when the Federal Reserve lowers the federal funds rate while the yield spread is negative (also known as an inverted yield curve), it has often been an indicator of an impending market correction or recession. Let’s break this down: Historically, the bond market is a key indicator. Typically, long-term bonds offer higher yields than short-term bonds; This a healthy sign. When that flips and short-term yields surpass long-term ones, we get what’s called an inverted yield curve. This inversion signals that investors are getting nervous about the near-term economy. When the Fed then steps in to lower rates, they’re trying to stimulate growth, but it often comes too late. Looking back at past events: The dot-com crash of 2000: The yield curve inverted, the Fed cut rates, and a 35% market correction followed. The 2008 financial crisis: Again, the yield curve inverted, rates were cut, and the market saw a major downturn exceeding 50%. Going back even further, the same pattern held in the 1970s and 1980s. The big questions are: Why does this combination signal trouble? Will this pattern repeat itself again? While history tends to repeat itself, the data shows that when the Fed cuts rates with a negative yield spread, market corrections often follow. The inverted curve suggests tighter credit conditions, reduced lending, and lack of confidence, all piling on top of one another creating a recipe for disaster. Stepping back even further, we see that investor sentiment and the bond market tend to lead the way. Credit tightens, and companies cut back on spending. Another a perfect recipe for an economic slowdown and market drop. It's a familiar cycle. So lets buckle up. Shortby oh92Published 1110
US30 POTENTIAL SELL OPPORTUNITYSell Opportunity for US30 (1-Hour Chart) Trade Setup: We are looking to initiate a sell position on US30, targeting a strong bearish momentum observed around the 42076 level. Entry Point: Sell at or near 42076. Target: Aim for a profit target of 30-80 pips below the entry point. **Stop Loss:** Place a stop loss 65 pips above the entry to manage risk effectively. Current market conditions indicate heavy bearish momentum, making this an opportune time to capitalize on potential downward movement. We will monitor the trade closely and secure profits if necessary to safeguard gains. **Risk Management:** Ensure position sizing aligns with your overall trading strategy to mitigate potential losses.Shortby BluezFxTradersUpdated 112
US30 TO NEW ATH OF $43,050 (UPDATE)US30 is up another 1% in profit since our update yesterday. Market is extremely bullish, but it is also very close to our final target of $43,050😍 If the weekly candle closes with a huge wick or shows any sign of bearish sentiment, I will look to close out my entire position & call it a wrap with our US30 investment! This has been a beautiful trade this past year & I hope you all made plenty of profits from this buy. I will let you know when I decide to close out this trade!Longby BA_InvestmentsPublished 5
US30 Tp and targetUs30 165 pips Tap hit today morning 1:2 RR NOW at fibo 1.618 the wolf pattern I'm looking sell side Shortby DNA_traderofficialsPublished 3
US30-BREAKOUT4YR: Resistance was broken and the price have been above the resistance. 18: Breakout of the previous High which is flag formation on small timeframe 1D": Pin Bar, waiting to buy close off the Pin bar, at the US Open Longby Jeremiah_CapitalPublished 2
Bearish drop?DJ30 is reacting off the the resistance level which is a pullback resistance that aligns with the 161.8% Fibonacci extension and could drop from this level to our take profit. Entry: 41,785.78 Why we like it: There is a pullback resistance level that aligns with the 161.8% Fibonacci extension. Stop loss: 42,102.21 Why we like it: There is a resistance level that lines u with the 127.2% Fibonacci retracement. Take profit: 41,103.61 Why we like it: There is a pullback support level that lines up with the 38.2% Fibonacci retracement. Enjoying your TradingView experience? Review us! Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.DShortby VantageMarketsPublished 6
Short here or short on rise.. lets see..The news.. Rate cut, probably well do discounted. It's just a study not a trade suggestion. Channel, pattern support, resistance.. that's all in there. I use indicators but this looks like a clear concept so avoiding indicators reading. Shortby anandnarapaneni47Published 3
Dow Jones Index (US30): What to Expect from FOMC? Dow Jones Index is very weak ahead of FOMC today. The market is stuck within a horizontal range on a 4h time frame. Depending on the reaction of the price to its boundaries, I see 2 potential scenarios. Bullish Scenario If the price breaks and closes above 41820 - the resistance of the range, we can expect a bullish continuation at least to 42000 level. Bearish Scenario A bearish breakout and a candle close below 41440 will push the price lower at least to 41200 level. Wait for FOMC and then follow the market after a breakout. ❤️Please, support my work with like, thank you!❤️ Shortby VasilyTraderPublished 114
US30For US30 , I expect the area between 42,236 and 42,330 to be a very strong resistance zone. If the price fails to break through it, we will likely see a correction down to the 39,989 level. This analysis will be invalidated if the price exceeds this zone and a daily candle closes above it.by ChartMakerProPublished 2
US30 / UNDER FOMC PRESSURE - 4HUS30 / 4H TIME FRAME HELLO TRADERS In August, the prices saw a price decline of 6.91%, reflecting a period of downturn. However, in September, there was a notable recovery, with prices rising to an all-time high (ATH) of 41,852. This peak represents the highest level achieved thus far in the prices history. Currently, prices are trading below this ATH, which suggests that the market is still testing its limits. If the current price trajectory remains below the ATH of 41,852, further declines could be anticipated. Support levels to watch for potential price corrections are at 41,340 and 40,853. These levels might serve as points where the price could stabilize or experience a rebound. On the other hand, if the prices manages to close above the ATH on a 4-hour candle, it could indicate a shift towards a bullish trend. This would suggest that the market sentiment has turned positive and could lead to further gains. In this scenario, the price might approach new resistance levels, with potential targets at 42,282 and 42,703. These levels represent possible areas where the price might encounter selling pressure or where further gains could be capped. Overall, the price dynamics are influenced by how it performs relative to the ATH, with potential implications for both downward corrections and upward advances depending on market behavior. UPWARD TARGET : 42,282 , 42,703. DOWNWARD TARGET : 41,852 , 40,853.UShortby ArinaKarayiPublished 8
Dow Jones buy analysis Us30 analysis got 150 pips profit running, 1:2 RR Follow RM, MM always placing right side Longby DNA_traderofficialsPublished 2
Gold Rush Knocks Dow Jones Industrial Average Off Its FeetGold as a value asset continues to shine brightly, having reached a new all-time high near $2,600 on Monday, September 16, marking the 30th all-time high for gold prices this year, 2024. It is also noteworthy that the Dow Jones Industrial Average (DJI) to gold (XAUUSD) ratio is gravitating to ever lower values, while the time-tested indicator of a U.S. recession, based on the US labor market behavior signaling that one is imminent. Thanks to @chinmaysk1 and its full of worth open source script Recession And Bull Run Warning, that I truly believe is one of the best over many. by PandorraPublished 2