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US30 trade ideas

DOW JONES: Short term target 44,850.Dow Jones is almost overbought on its 1D technical outlook (RSI = 69.283, MACD = 438.030, ADX = 26.531) and on top of that, the 4H RSI has been inside overbought territory since November 5th. The price action remains inside the Channel Up that started in August but every time the 4H RSI trades sideways like this on overbought ranges, the price enters a smaller Channel Up and leads to the peak HH. That's what we are aiming for now (TP = 44,850). See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CAPITALCOM:US30Long
by InvestingScope
Dow Jones Wave Analysis 11 November 2024 - Dow Jones rising inside impulse wave 5 - Likely to reach resistance level 45000.00 Dow Jones index continues to rise inside the minor impulse wave 5, which previously broke the key resistance level 43500.00 and the resistance trendline of the daily up channel from August. The active impulse wave 5 belongs to the weekly upward impulse sequence (C) from April of this year. Given the clear weekly uptrend, Dow Jones index can be expected to rise to the next resistance level 45000.00 (target price for the completion of the active impulse wave 5).
TVC:DJILong
by FxProGlobal
US30 Trendline Breakout AnalysisRecently, US30 (the Dow Jones Industrial Average) broke through a key resistance trendline, signaling a potential shift in market momentum. Here’s why we think this breakout is significant and why the index may continue to rise: Positive Economic Indicators: Recent economic data has shown resilience, with strong corporate earnings reports and steady employment numbers, reducing fears of an imminent recession. These factors boost investor confidence, attracting buying pressure and supporting upward price movement. Lower Interest Rate Concerns: With inflation showing signs of cooling, the Federal Reserve may ease on aggressive rate hikes, which typically weigh on equities. The market often rallies when the outlook on interest rates is more favorable, as it lowers borrowing costs and encourages investment in riskier assets like equities. Technical Breakout Confirmation: The recent breach of the resistance trendline was supported by high trading volume, which often validates the strength of a breakout. Additionally, other technical indicators, such as moving averages and the Relative Strength Index (RSI), show bullish momentum, suggesting that the breakout is not a false signal. Market Sentiment and Risk Appetite: Investors appear to be shifting toward a "risk-on" mode, with increased demand for growth-oriented and blue-chip stocks in the US market. This shift in sentiment often leads to further gains in major indices like the US30, especially as it represents stable, high-performing companies. Seasonal Trends and Year-End Rally Potential: Historically, the end of the year often brings about a “Santa Claus rally” in equity markets, where stock prices trend upward due to favorable market sentiment and portfolio adjustments. This seasonal pattern may further support the US30’s upward trajectory as we approach the year-end.
BLACKBULL:US30Long
by US30EMPIRE
Bearish Correction Expected with Key Bullish Trigger at 44270Technical Analysis The price has increased by approximately +5.20% over the past week. Today, a corrective move toward 43900 is expected, with a break below 43760 potentially signaling a bearish trend targeting 43350. Alternatively, a break above 44270 would open a new bullish phase, aiming for 44400 and 44600. Key Levels: Pivot Point: 44270 Resistance Levels: 44400, 44600 Support Levels: 43900, 43760, 43350 Trend Outlook: Bearish Correction toward 43900 Bullish Continuation above 44270 previous idea:
OANDA:US30USDShort
by SroshMayi
US30 Will Go Up From Support! Buy! Here is our detailed technical review for US30. Time Frame: 17h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 44,172.7. Considering the today's price action, probabilities will be high to see a movement to 44,971.3. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!
CAPITALCOM:US30Long
by SignalProvider
1
US30 / TRADING INSIDE ASCENDING CHANNEL / 4HUS30 / 4H TIME FRAME HELLO TRADERS Current Price Trends: Following Trump’s win, the US30 index rose by 4.90% , The index is now testing historical peak levels around 44,045, with a potential to reach 44,532 if the upward trend holds. Technical Levels and Price Action: The analysis suggests that if prices stay below a certain “ascending channel line,” it could indicate weakness, possibly leading to a decline , The first potential downside target is a “Fair Value Gap” (FVG) between 43,381 and 42,984 , If prices break this zone, further declines could target another FVG range between 42,716 and 42,335. Trend Confirmation: If the price remains below the second FVG zone, it might confirm a downtrend , Conversely, if it stays above these levels, it suggests potential for a continued increase.
EIGHTCAP:US30Long
by ArinaKarayi
Euphoria LONG for TARGET area 49-52kBased on the long term analysis market could probably top in coming months which are seasonaly strong periods for the markets called as Santa Claus rallies and early beginning of the next year in 49-52k area we could reach some turnaround point. We are now still in very nice and strong uptrend when buy on pullback is reasonable still but based on funds massive long exposure which is unprecedent I expect we are coming to the last euphoria stage for markets which may rocket the price to 50k area. I am cautios and will be looking for short entry opportunities then. Now targeting long entries.
TVC:DJILong
by jzavodsk
KEEP LONG ENTRIES FOR NEXT TOP AT 46500We will move our pivot point up from previous pivot, target price is 46500, timezone is marked between 2nd to 23rd December 2024 to align with the top. Price and time are growing out in well structured Phi models and we expect that if 46500 price is reached within the marked timezone then a strong market correction will follow. Although our actual projection for the major market top still remains at 27th October 2025 we expect that markets will begin to stall if price reaches the 46500 price level earlier. Trade safe
TVC:DJILong
by MENA-MARKETS-PRO