Bullish bounce off pullback support?Dow Jones (US30) is falling towards the pivot and could bounce to the 161.8% Fibonacci resistance.
Pivot: 44,596.08
1st Support: 43,933.71
1st Resistance: 45,393.31
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DJ30 trade ideas
US30 (Dow Jones) may return to growthThe Dow Jones is declining (correction) following a technical false breakout, as well as local news. The overall trend is upward, with the correction serving as a means to gather liquidity prior to growth. Confirmed support, previously consolidation resistance, at 44600 can be considered a reference point. If buyer interest can keep the price in the buying zone during the retest, the price will continue to rise.
A false break of 44600 - 44620 and consolidation of the price above this level will confirm readiness for growth...
Bullish bounce off overlap support?Dow Jones (US30) is falling towards the pivot and could bounce to the 1st resistance which acts as a swing high resistance.
Pivot: 44,596.08
1st Support: 44,267.57
1st Resistance: 45,106.42
Risk Warning:
Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary.
Disclaimer:
The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice.
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
US30: : Local Bullish Bias! Long!
My dear friends,
Today we will analyse US30 together☺️
The recent price action suggests a shift in mid-term momentum. A break above the current local range around 44,802.50 will confirm the new direction upwards with the target being the next key level of 44,914.32 and a reconvened placement of a stop-loss beyond the range.
❤️Sending you lots of Love and Hugs❤️
DOW JONES INDEX (US30): Another Gap For Today?
I see another gap up opening on US30 Index.
I think it will be filled today. A formation of an intraday
bearish CHoCH on an hourly time frame suggests
a highly probable bearish continuation.
Goal - 44943
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KOG - US30US30
Looking at this we have a clean reversal in play suggesting we’re going to get lower order regions before a potential RIP. The red boxes have been added and may give us opportunities to capture the tap and bounces on the smaller TFs.
If we can support lower, we could very well see this push up into the ideal target level we have illustrated.
Please do support us by hitting the like button, leaving a comment, and giving us a follow. We’ve been doing this for a long time now providing traders with in-depth free analysis on Gold, so your likes and comments are very much appreciated.
As always, trade safe.
KOG
US30: Local Bearish Bias! Short!
My dear friends,
Today we will analyse US30 together☺️
The in-trend continuation seems likely as the current long-term trend appears to be strong, and price is holding below a key level of 44,774.9 So a bearish continuation seems plausible, targeting the next low. We should enter on confirmation, and place a stop-loss beyond the recent swing level.
❤️Sending you lots of Love and Hugs❤️
US30 Forecast: Target Locked, Buy Zones in Sight!Good morning friends ☀️
I've prepared a fresh analysis for US30 (Dow Jones).
My current target is 45,470. Even if the price dips to 45,050 or 44,800, I fully expect it to reach that 45,470 mark.
These levels represent strong buying zones and powerful retest regions—don’t forget that.
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OVERVIEW The price is currently undergoing a bearish correctionUS30 OVERVIEW
The price is currently undergoing a bearish correction, targeting 44910. To confirm a bearish trend continuation, the price must break below 44770, which would likely lead to a move toward 44610.
However, if the price stabilizes above 44910 on the 4H timeframe, a bullish reversal may begin. A confirmed break above 45100 would strengthen bullish momentum and open the path toward 45290.
Key Levels:
• Pivot Line: 45045
• Support: 44910 – 44770 – 44610
• Resistance: 45100 – 45290
Dow Jones Index Analysis (US30 / Dow Jones):🔹 The index broke below a key support zone yesterday and is now consolidating between 44,720 USD and 44,620 USD.
1️⃣ If bullish momentum leads to a break and close above 44,740 USD, the price may retest the 44,970 USD zone.
2️⃣ However, if the price breaks below 44,600 USD and holds, a decline toward 44,350 USD is likely.
⚠️ Disclaimer:
This analysis is not financial advice. It is recommended to monitor the markets and carefully analyze the data before making any investment decisions.
Dow Jones Futures Edge Up Ahead of Fed, GDP & Tech EarningsDow Jones Futures Edge Up Ahead of Fed, GDP & Tech Earnings – Bearish Bias Below 44,770
Dow Jones futures rose slightly overnight as investors brace for a packed session. Key events include the release of Q2 GDP data before the market opens, the Federal Reserve’s policy decision in the afternoon, and earnings reports from major tech firms later in the day.
Yesterday, the Dow Jones managed to break below the ascending channel, which technically indicates a new bearish signal for today.
The price stabilizing below 44,770, along with an attempt to break the support line at 44,610, suggests a potential downward move.
Initially today, before the opening of the New York session, the price may attempt to rise toward 44,770 as a retest. However, we anticipate a decline afterward, aiming to break and pass the support level at 44,610, and then extend the drop toward 44,360.
The bullish scenario becomes valid only if the price stabilizes above 44,770. If it can trade above this level for a longer duration, it may rise further toward 44,910.
Key Levels
• Support: 44,610 - 44,360.
• Resistance: 44,770 - 44,910 - 45,100.
US30 Correction with in a Downtrend ChannelUS30 is currently in a consolidation phase within a broader bullish trend. From our previous analysis, the index has shown strong upward momentum. However, to confirm a potential bearish shift, the price would need to break back below key support levels, potentially leading to a deeper correction.
If the price stabilizes above 44,000 on the 4H timeframe, this would strengthen the bullish momentum. A sustained move above this level could open the path towards the next targets at 45,200 and 45,400.
You May find more details in the chart.
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DOW JONES INDEX (US30): Bullish Move From Trend Line
There is a high probability that US30 will continue rising today,
following a test of a solid rising trend line on a daily.
As a confirmation, I see a cup & handle on that after its test
on an hourly time frame.
Goal - 45000
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US30 Massive Bullish Breakout!
HI,Traders !
#US30 is trading in a strong
Uptrend and the price just
Made a massive bullish
Breakout of the falling
Resistance line and the
Breakout is confirmed
So after a potential pullback
We will be expecting a
Further bullish continuation !
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