US30 SELL ANALYSIS RISING WEDGE PATTERN Here on US30 price form a rising wedge pattern and about to move down so if line 41496.86 that means price is likely to sell more so trader should look for SHORT when that happened and target profit of 40427.97 and 39330.33 . Use money management .Shortby FrankFx14Updated 4
"US30 Powers Ahead, Unstoppable in Its Bullish Climb""US30 Accelerates in a Well-Defined Bullish Movement: Breaking Barriers and Eyeing New Heights Following an impressive breakout from the consolidative triangle pattern near the 42,300 mark, the US30 has embarked on a robust and sustained bullish journey, capturing the attention of market participants. This pivotal breakout served as the ignition point for a powerful upward momentum that continues to strengthen with each passing day, reflecting a broader confidence in economic resilience and corporate earnings. One of the critical areas that traders and analysts had their eyes on was the strong resistance zone around 42,600. This level was not just any ordinary resistance—it was a psychological barrier, aligning closely with the all-time high price for the index. The significance of this level cannot be overstated; it represents a critical test of market sentiment and resilience. As expected, US30 encountered some friction as it approached this level, with price action initially stalling, indicating the presence of considerable selling pressure. However, once the index successfully breached the 42,600 threshold, the bullish narrative took on an even more compelling dimension. The breakthrough above this resistance zone signaled a shift in market dynamics, with bulls gaining greater control and propelling the index higher. What’s particularly notable about this rally is the methodical nature of the price movement—US30 has been climbing steadily, with no sharp corrections or erratic volatility, indicating strong market support and a solid base for further gains. As the price ascends beyond the 42,600 region, all eyes are now on the next key level: 43,180. A decisive move above this level could act as the next catalyst for an even steeper bullish ascent, potentially opening the door for the index to explore uncharted territory and set fresh record highs. Traders are closely monitoring this zone, as a breakout above 43,180 would likely signal another round of intensified buying pressure and solidify US30's position in a long-term uptrend. In summary, US30 is exhibiting a textbook bullish movement, characterized by its breakout from a major technical pattern, the overcoming of a key resistance level, and a slow yet consistent rise in price. With the market sentiment favoring continued gains, any sustained move above 43,180 could lead to even greater bullish potential, pushing the index into new heights previously thought unattainable. As market participants remain on high alert for further developments, it’s clear that US30's current momentum shows no signs of slowing down anytime soon."Longby lonelyPlayer04
US30 (H1)The Dow Jones index was able to close the week with great positivity. Therefore, we are looking forward to buying from levels 42905 in case we get confirmation of price action from this level with a stop loss of an hourly candle below 42736 with a first target at levels 43308, 43500 and 43688. Second scenario: If the Dow Jones index corrects deeply without price action signals that support the rise, we look forward to buying the second, which is the strongest, at levels 42594 and stopping at levels 42368 and holding below it for an hourly candle. With targets at levels 43174, 43306 and 43500Longby OMEREYLUL342
Update to Dow Jones Industrials Time At Mode Back in 2015 I had published a chart with annual data for the Dow Jones Industrials. I will provide a link at the bottom. The research for this patterning is something I did myself by hand using pencil and paper back in the 1980's. These patterns show up in all time frames. There is plenty of room to enhance the research on this technique and a group of us gather in the chat rooms here at TradingView to discuss new trades that set up and point out when trades expire. Notice how these two grey boxes (which are both 50% drops in price) that expand wider in time from the 1960's to the 1980's and the 2000-2010's had a multi-year trend, followed by a monster crash (1987 was 40% and 2000 was 37%) and then just two+ years later there was a secondary bear market of 20% in 1990 and 22% in 2022. Keep in mind this is just for the DJ:DJI and not the Nasdaq Composite or S&P500 which were greater corrections. The 11-year time frame of the 1999-2011 pattern allows for an 11-year rally from 2012 (which was year 1 of the 11-year rally) shows that time expired. As you can see from the 1943-1962 trend, a smaller 5-year mode formed at the end of the 20 year trend and then the market peaked in 1972-1973 when time expired for the second, smaller mode. I had to reconstruct this chart after the data for the previous chart changed symbol. See the link below to see the original. I look forward to your additional research onto this pattern and its implications to the idea that we are in a similar period to 1993-1994 with rally years of 1996, 1997, 1998, 1999 and 2000 ahead of us. All the best, Tim October 19, 2024 3:31PM EST by timwest1414191
US30 volatility during the presidential election nightI just found something interesting to share with you. The events that happened on Election Day, November 8, 2016, and in the early hours of the day after were so significant. The group that dumped and pumped assets during that time also bought the COVID crash lows, when everyone thought the world was ending, and then defended their positions. Wow, I mean, who is this group? Just be careful. Even if Trump wins big, I think the volatility will be intense, especially for Bitcoin. I believe it will hit a new all-time high (ATH) and then dump hard.by trollist0
DJIDJI it is trying to go for those zones which may offer strong resistance are the targets.started going up having taken support is previous day low.Longby OM-MADY-stockmarketclasses0
US30_reversal-only-at-43750so looking at US30, from a zoom'd out view, and where price came from i will onloy start to look at proper pull back below 43 750 this is my analysis of the reversal / pull back level for US30, coming towards the end of Oct / last week of Oct, right in time of the US elections, first week in Nov Lets see how this playLong20:00by CryptAlo0
US30 Price still Bullish, Could potentially retrace to the 50%-61.* zone or the 78% zone. Keep a look outLongby addiv1860Updated 223
US30 Great Long ROI TRADE: Must See Good Morning, Trading Family I wanted to point out a great trading opportunity with some solid ROI potential. US30 held that 43,078 level like a champ, and now it’s making a push toward the 43,468 zone. If we can break through that resistance, the next logical stop is up at 43,605. It’s looking like the bulls have the upper hand right now, and if you catch this move, there’s a sweet reward on the table. What I really like about this setup is the risk feels pretty manageable. We’re sitting near the lower part of the channel, so if it goes sideways, you’re not too exposed. But if it does what it looks like it’s ready to do, there’s some solid upside waiting. These are the kind of setups I love — clean structure, clear targets, and room for a smooth move. Right now, it’s all about watching how it reacts around 43,468. If we break that level with volume, the path toward 43,605 becomes a lot clearer. That’s the spot where I'd start scaling out some profits, but if momentum keeps rolling, there could be even more on the horizon. If this helps you out, make sure to follow, boost, and share with anyone else who could use it. Let’s grow this trading community together and keep finding setups with that sweet risk-to-reward edge. Stay sharp and trade smart, family. Mindbloome TraderLongby Mindbloome-Trading1
Seeing potential buys The market failed to break it last low it made, now returning to it previous high, but in this case, if we fail to break that resistance level the market in, then we will sell, bit for now I'm just waiting on the close of the candle above the resistance line for more conformation. What's are your thoughts ???Longby M_1234-zondo1
Prepare for another retest and BUYUS 30 responded well and fell to our zone... We took quite some profit... Prepare to buy from our RBS zone... It's a good buy position. Remember, the major trend is UP TREND. Enjoy your profit.Longby SwiftTradr2
Supports For No mans LandAs we continue to make more HHs there are opportunities that present themselves. The Green line is a measurement of the average of set of previous candles. Overall bullish but currently intraday sells pre market.Shortby Dekab0
US30 Near Resistance Zone: Bullish Breakout or Pullback Ahead? The price has recently reached its all-time high (ATH) and is currently testing the resistance zone near 43,250. If the price breaks above this resistance zone, it could potentially continue towards higher levels, with the next resistance around 43,750. However, if the price fails to break this resistance, a pullback is likely, with support at 43,025 and 42,818. Best Direction: The best direction will depend on how the price behaves around the resistance zone: Bullish: If it breaks and closes above 43,250, this suggests a continued upward trend. Bearish: If it fails to break above this resistance and reverses, look for a pullback towards the support levels at 43,025 and 42,818. Key Levels: Pivot Point: 43250 Resistance Levels: 43450, 43650, 43870 Support Levels: 43025, 42820, 42450 Trend Outlook: Bearish By stability below 43025 Bullish by stability above 43250Longby SroshMayiUpdated 7
US30 / UNDER Q3 EARNING , AFTER BREAKOUT THE CHANNEL / 4HUS30 / 4H TIME FRAME HELLO TRADERS The chart mentions a breakout from a price channel followed by the publication of Q3 earnings, suggesting that these two events contributed to the rise in the US30’s price, reaching a new all-time high (ATH) of 43,323. It notes that prices are currently trading below the ATH, implying a potential pullback or correction. The analysis identifies a demand zone between 42,877 and 43,649. The text suggests that if prices stabilize within this zone, there is potential for a bullish reversal, with prices possibly rising back to the ATH and even reaching new historical peaks between 43,620 and 44,005. For a bearish scenario to play out, the text suggests that prices would need to break below a Fair Value Gap (FVG) between 42,404 and 42,238. Breaking this level could confirm a downtrend. Despite the potential for a pullback, the overall tone of the analysis is bullish, as prices are said to be under upward pressure after breaking out of the channel. ATH : 43323 Demand Zone : 42,877 and 43,649. FVG : 42,404 and 42,238.Longby ArinaKarayi7
RR=2 sell ideabearish shark pattern + breakout of rising wedge + RSI divergence : price might reverse to retest previous support levels PS : never risk more than 2% of your capital per tradeShortby slim70
trend dji#dji Uptrend Support Range 42700 In case of consolidation above 43150 Moving towards your target in the range of 43900Longby arongroups223
Change the trend A corrective trend is expected to form up to the specified support range. Then, according to the behavior of the index in the support range, possible scenarios have been determinedShortby STPFOREX0
We finally hit TP on US30!This was a very long ride spanning two weeks... We tried to layer in another position which got stopped out, however, we held on to our bias because of some level of certainty we have as regards price direction... Here we are at final take profit...Longby WavedepthsAcademy0
US30 FRIDAYSELLoffThursday is "Thurstday", #FridaySELLoff @ 43200.0 {{ SL 43300.0 }} ---------‐----------------------------------------------------------- 43142.0 -- WATCH the REVERSALS , 43048.0 TP¹ 42900.0 TP² 42747.0 TP³ HappyTradingViewShortby ATU_TAD331
US30 sell opportunityAt US30 Empire, we believe the US30 (Dow Jones) is primed for a drop based on several key technical indicators. Here’s why: 1. Stochastic Oscillator in Overbought Territory: The stochastic oscillator, a momentum indicator, is signaling that US30 is in an overbought zone. This suggests that the index may have risen too far, too fast, and is due for a correction. Historically, when the stochastic hits these levels, we see a pullback in price. 2. Trend Lines Indicate Resistance: Our trend lines, drawn from key highs and lows, show that the US30 is approaching a major resistance level. This resistance aligns with the index being at its highest price ever. Typically, markets struggle to break through strong resistance without a significant retracement first. 3. Pivot Points Signaling Reversal: Based on pivot point analysis, the US30 is sitting at a major pivot level. This level often acts as a turning point in price movement, and combined with other indicators, it suggests the potential for a reversal. 4. Support and Resistance Levels: The US30 is currently testing long-standing resistance levels. As price fails to break through, this creates a barrier that historically leads to a downside correction. These resistance levels, matched with the overbought stochastic, signal that sellers may soon take control. Overall, the combination of overbought stochastic levels, trend line resistance, pivot points, and price reaching historical highs makes a compelling case for the US30 to drop from here.Shortby US30EMPIRE0
US30 Hits New High, Caution AheadHello, BLACKBULL:US30 has reached another high, but a pullback towards the 1M pivot point is anticipated. Despite this, the majority remains confident that the upward trend will continue. However, caution is advised at this stage! TradeWithTheTrend3344 by TradeWithTheTrend33442
Time for US30 to take a breather?Dow Jones index has been spiking since the Fed decided to lower interest rates in September 2024. With just two weeks until the 2024 US presidential election, history suggests that the market typically experiences a correction before elections due to uncertainty. Will this time be an exception?Shortby Ch-artwork1
Bearish Divergence Signals Potential ReversalBearish divergence could signal a potential reversal, offering a chance to enter at better buy levels. PEPPERSTONE:US30 Shortby GlebalTrader7