Bearish Market BIASThe market broke out of a strong resistance and is looking highly likely to go retest that zone before a further continuation to the down side .
DJI trade ideas
Ready for a lower low?As we can see a regain of strength of the bears, pre market we have seen heavily consolidation.
With multiple confirmations, the time is 8:50 and we shall update once the market opens
US30 Holds Bearish Bias Below Key Resistance LevelsUS30 Technical Analysis
As long as trades under 42450 will support a bearish trend to touch 42125and below that will get 41950 as well
Stability above 42,125 may prompt a move toward 42,300 and 42,450; however, a bullish reversal requires a breakout above 42,590.
Key Levels:
Pivot Point: 42280
Resistance Levels: 42770, 42910, 43050
Support Levels: 42125, 41950, 41750
Trend Outlook:
- Bearish by stability below 42450
- Bullish by stability above 42590
previous idea:
DreamAnalysis | Dow Jones Analysis Key Levels to Watch!✨ Today’s Focus: Dow Jones (US30) – A Key Market Mover
Today, we’re diving into the latest Dow Jones price action, pinpointing critical levels to identify potential trends and strategic trade opportunities.
📊 Market Snapshot:
The price is currently oscillating within the previous week’s range. After capturing some crucial buy-side liquidity, such as the Previous Month’s High (PMH), there’s been a strong shift to the sell side.
🔴 Short- vs. Long-Term Outlook:
We’ll break down scenarios for both bullish and bearish setups, providing insights for day traders on how to approach short-term and long-term trends.
🗣 Short-Term Outlook:
In the short term, a potential retracement higher could take out some Buy-Side Liquidity or hit the midpoint (50%) of the range. Following this, the price may continue downward toward sell-side targets, with the Weekly Imbalance as a significant level to watch.
🗣 Long-Term Outlook:
Our long-term perspective remains bearish until the price reaches the Weekly Imbalance at the 50% range mark. From there, we’ll need to observe how the market reacts to assess if further declines are likely.
🕓 Key Levels to Watch:
These levels are likely to shape price movement:
- PMH: Previous Month High
- PML: Previous Month Low
- PWH: Previous Week High
- PWL: Previous Week Low
- BSL: Buy-Side Liquidity
- SSL: Sell-Side Liquidity
- Weekly FVG: Fair Value Gap (Imbalance Zone)
Fair Value Gaps (FVGs) are crucial zones for potential retracement, setting up the next directional move.
📈 Bullish Scenario:
For a bullish setup, monitor lower timeframes (LTF) for a sweep of Low-Resistance Sell-Side Liquidity. Look for entry models targeting higher levels, including a move toward the All-Time High (ATH).
📉 Bearish Scenario:
For bearish opportunities, use lower timeframes like the 15-minute chart. Seek short entry signals within the 4-Hour Imbalance, or wait for a breakdown of Low-Resistance Buy-Side Liquidity for added confirmation.
📝 Final Thoughts:
Stay flexible as market dynamics shift. Monitor these key levels and setups to fine-tune your strategy and capitalize on high-probability trades.
🔮 Coming Up:
We’re also tracking NASDAQ, DXY, EUR/USD, and other major markets, with timely insights as trends evolve.
⚠️ Disclaimer:
This analysis is for educational purposes only and does not constitute financial advice. Always conduct your own research and consult a licensed financial advisor before making any investment decisions.
Uptrend According to the behavior of the index in the current support range, possible scenarios have been identified. As long as the index is above the support range, the continuation of the upward trend is more likely. Otherwise, the downward trend to the support levels will be possible
US30 H4 - Long Signal US30 H4
Something like this would make sense for us on Dow Jones, we gapped up massively to start the week and we are still looking to continue higher, once the dust has settled, we can see where we are on US30 and which zones are in play. Hopefully we can gain something buy catching longs from this 42,300 price when it trades higher and retests again as support price.
We saw a big selloff Friday, dumping as much as 600 points in a single 4 hour period, seeing that move correct and sustaining would be a requirement for what we are after. The market gaps were no doubt significant, being in excess of 100 points.
Bullish pullback The indice might retest the established highs, after bouncing back up from the support structure. However, the indice may continue it's downward trajectory if it fails to continue upwards and also by stabilising below 41,886.
US30 BEARISHUS30 continuous its beaeish trend in h1
printing HH & HL
NO sign for reversal
good to sell
US30 (Dow Jones industrial average) Daily At this current stage of retracement, we saw price slipping lower towards low of month/ higher high that broke structure to the upside📈. Look carefully, we have a few key factors that will influence our market as this is nfp week as well. For all we know, price remains bullish overal on weekly and daily TF📈. We have 📉bearish internal structure which could be aligned with a weekly setup before nfp.
Look at our blue/green Fibonacci retracement tool:
- price has formed swing high & swing low
- Price is at discount zone asour market is worth FWB:42K at current market price and is expensive to buy more assets to fuel a bigger trend.
- we have a POINT of interest around price GETTEX:41K
This exact zone is at a weekly demand zone that has an inducement LTF zone (current demand price is reacting to). It is also an unmitigated demand zone on daily timeframe.
This is no trading signal but you can find a good entry on 4H timeframe respecting our bearish internal structure
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US30 (Dow Jones industrial average) Daily At this current stage of retracement, we saw price slipping lower towards low of month/ higher high that broke structure to the upside📈. Look carefully, we have a few key factors that will influence our market as this is nfp week as well. For all we know, price remains bullish overal on weekly and daily TF📈. We have 📉bearish internal structure which could be aligned with a weekly setup before nfp.
Look at our blue/green Fibonacci retracement tool:
- price has formed swing high & swing low
- Price is at discount zone asour market is worth FWB:42K at current market price and is expensive to buy more assets to fuel a bigger trend.
- we have a POINT of interest around price GETTEX:41K
This exact zone is at a weekly demand zone that has an inducement LTF zone (current demand price is reacting to). It is also an unmitigated demand zone on daily timeframe.
This is no trading signal but you can find a good entry on 4H timeframe respecting our bearish internal structure
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Could US30 drop from here?The price is rising towards the resistance level which is an overlap resistance that lines up with the 23.6% Fibonacci retracement and could drop from this level to our take profit.
Entry: 42,413.14
Why we like it:
There is an overlap resistance level that aligns with the 23.6% Fibonacci retracement.
Stop loss: 42,768.22
Why we like it:
There is a pullback resistance level.
Take profit: 41,939.71
Why we like it:
There is a pullback support level.
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US30 BUY ANALYSIS US30 BUY ANALYSIS
Technical Analysis:
1. Ascending Channel:
• The price is trading within a well-defined ascending channel. The current position of the price is at the lower boundary of the channel, which typically acts as a strong support zone.
• Buying near the lower trendline is a strategic move, as the expectation is for the price to move back up towards the upper boundary of the channel, following the trend.
2. Support and Risk Management:
• The lower channel boundary aligns with a previous key support level, increasing the probability of a bounce. This provides a favorable risk-to-reward ratio, with a clear stop-loss below the channel.
• The trade setup targets a move to the upper channel boundary, offering a potential upside while keeping risks managed.
3. Bullish Momentum:
• The overall structure remains bullish, with the price making higher highs and higher lows within the channel. This indicates that the broader uptrend is intact, making a buy position at support more attractive.
Conclusion:
The decision to buy US30 here is based on the current position within the ascending channel, taking advantage of the support provided by the lower trendline and targeting a potential move back towards the channel’s upper boundary for profitable opportunities.
USA30 H1 time frame possible entry.Hi traders am expecting a rejection from 41800 n a bit of consolidation before a pick however we are on earnings report since last week,if you want to trade it well do your own analysis in smaller time frame n see if you gonna find same zones n see where you can place stop looses I recommend you to hold a trade for week if you are to talking it atleast for better bread your risks is the one that's gonna tells you how long you can last in the trade thanks.
US30 H4The Dow Jones continued its decline and did not give us a chance to buy based on the previous analysis. The Dow Jones has reached a very difficult area so far, a no-decision area. Therefore, we must wait and see who will win.
DOW JONES - Short from bearish OB !! Hello traders!
‼️ This is my perspective on DOW JONES.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. My point of interest is imbalance filled + rejection from OB.
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US30USD Will Go Higher From Support! Long!
Here is our detailed technical review for US30USD.
Time Frame: 9h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The price is testing a key support 42,119.2.
Current market trend & oversold RSI makes me think that buyers will push the price. I will anticipate a bullish movement at least to 42,845.4 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
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Dowjones- us30 forcast Dow jones is negative, we may see alittle retracement upword and down trend continue .
Target in analysis .
US30 I Potential long from bottom of the channel & weekly levelWelcome back! Let me know your thoughts in the comments!
** US30 Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Thanks for your continued support!Welcome back! Let me know your thoughts in the comments!
Us30 longUs30 overall momentum is bullish, BOS on H4, imbalance attempt to be refilled at discounted area. Fingers crossed when market opens...
US-30 DJIAThis 4-hour chart of the Dow Jones Industrial Average Index (DJIA), shows recent price action and key technical indicators. The index has been in a bullish trend since mid-September, reaching highs near the 43,000 level. However, recent price action indicates a bearish correction, with the price currently testing support around 42,000.
If the price holds above 42,000, a potential buying opportunity may arise. Initial targets would be set around the 42,800–43,000 resistance.
The seasonality of DJIA during the presidential cycle also shows an upward move from end-October till mid-November.
NEW IDEA FOR DOWJONES An increase in the profits of companies can help to increase the price of the Dow Jones index
By examining the trend in the one-hour time frame, the Dow Jones index has the support of 42078, and now, provided it is maintained, the rate can rise to the resistance of the ceiling of the descending channel in the range of 42879.
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.
