DJ30 trade ideas
Accumulation - price moving from Support to ResistancePrice seems to have broken out of an ascending channel
Forming a range just below our price channel
Currently price is pulling away from support heading for resistance levels
Dow Jones 30-Min Short: Bearish Momentum Building Toward 42kThe Dow Jones has triggered my short position following a significant volume spike, currently trading below the key EMA levels. The technical setup suggests a bearish continuation toward the 42k price zone. This aligns with a short-term correction in equities after December marked the Dow’s worst monthly performance in over two years.
Fundamentals:
• Major indexes continue to struggle, with the Dow and S&P 500 facing extended losing streaks.
• Market sentiment remains cautious as investors digest recent corporate earnings, geopolitical risks, and upcoming key economic data such as ISM Manufacturing PMI.
• Despite a strong year-end rally, December losses reflect broader market uncertainty, further pressuring the Dow.
Technicals:
• Price remains below both the 50 and 200 EMAs, signaling bearish momentum.
• Volume analysis highlights increased selling pressure, confirming bearish sentiment.
• Immediate support at 42,000 aligns with key demand zones and historical price reactions.
With these conditions in play, I’ll manage risk carefully, monitor for any major shifts, and adjust my position accordingly. Pay yourself and trade responsibly!
Note: Please remember to adjust this trade idea according to your individual trading conditions, including position size, broker-specific price variations, and any relevant external factors. Every trader’s situation is unique, so it’s crucial to tailor your approach to your own risk tolerance and market environment.
YM (US30): Trend in daily time framePlease pay special attention to the accurate trend, channels, and colored levels.
Its very sensitive setup, ...............<<<<<<<<<<<<<<<<<<<<<<<
Be careful
BEST
MT
Dow Jones Industrial (DJI): SHORT TRADETrade Overview:
The Dow Jones Industrial (DJI) chart presents a strong short trade setup on the 1-hour timeframe. Using the Risological Swing Trading Indicator , this trade successfully achieved TP1 (43,779.69) through TP3 (42,180.27), with TP4 (41,686.05) remaining highly probable based on prevailing market trends.
Key Levels:
Entry Price: 44,273.91
Stop Loss (SL): 44,673.77
Take Profits:
TP1: 43,779.69
TP2: 42,979.98
TP3: 42,180.27
TP4: 41,686.05
Market Sentiment:
The trade reflects bearish momentum, supported by broader market conditions indicating reduced risk appetite. The Dow Jones continues to exhibit a descending trendline and weaker market confidence.
The Risological Indicator identified precise entry, stop loss, and take-profit levels, enabling a disciplined and profitable trade execution. With three targets already achieved, the setup remains poised to capture further downside momentum.
Buy to sell YM seems to have broken, retested, and rejected a bullish channel as price action is currently moving between 42200 and 43300. Price may push up and try to touch the 43000 and 43300 with stability above to kickstart the bull run. However, a bear run seems favourable as long as the indice remains under 43k. Further confirmation will be solidified with price stability under 42200 and 42000 to target nearby substantial lows.
Price Targets 43,200 Amid Bullish Momentum Above 42,770Technical Analysis
The price will try to touch 43200 while above 42770, so has a bullish momentum from 42770.
Bearish confirmation will be established if the price stabilizes below 42,580.
Key Levels:
Pivot Point: 42770
Resistance Levels: 43210, 43350, 43650
Support Levels: 42770, 42580, 42390
Trend Outlook:
Bullish Momentum: Stabilized above 42,910
Bearish Momentum: Stabilized below 42,770
US30 Will Go Down! Short!
Please, check our technical outlook for US30.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is testing a major horizontal structure 42,499.9.
Taking into consideration the structure & trend analysis, I believe that the market will reach 40,967.2 level soon.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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Something is not right in Dow JonesSomething is wrong lately with the behavior of the Dow Jones index, which appears in the diagrammatic analysis as particularly weakened without having that upward spark that mainly distinguished it from last July until the end of November. Then, as reflected in the daily price chart, it is as if it ran out of fuel.
In fact, the picture has worsened further since it not only breathlessly crossed the medium-term upward channel "C" downwards, but also by the fact that it broke it downwards and when it went to reassess it by testing the lower line at 43,550 points, it crashed. This indication strengthens the scenario of a new downward movement towards the next important support level of 41,350 points.
Below there, we should revise the primary upward formation, thinking about a possible sharp decline even below the limit of 40,000 points. A strong change in the bearish scenario only with the bullish grab from the 43,550 to 44,000 level by the Bulls.
Among the companies that have recorded significant losses since the beginning of last December, reaching up to -16%, are notable names such as NIKE (NKE), Procter & Gamble (PG), Johnson & Johnson (JNJ), UnitedHealth Group (UNH) whose CEO Brian Thompson was shot and killed on December 4 in downtown Manhattan, Chevron (CVX) and Home Depot (HD). The only companies that have taken the uphill path are Boeing (BA), Amazon (AMZN) and the queen of global capitalizations Apple (AAPL).
US30 LongThis analysis focuses on the interplay of weekly and intraday confluences, which collectively point towards a potential bullish scenario. A detailed breakdown of the price movements and key levels is provided to support the thesis.
1. Weekly Confluences
Unmet Target: The price has yet to reach its anticipated target of 45,300, indicating unfulfilled market objectives.
Order Collection Observation: A significant retracement suggests an attempt to collect orders within a specific price region.
The first notable level was 43,500, corresponding to a prior body closure. Price broke through this level and moved downward.
The second key region, 42,100, showed a rejection pattern characterized by a three-pin formation.
Pattern Analysis: An "M" pattern is apparent, signaling that the price may retest its neckline at 43,500.
2. Four-Hour Timeframe Insights
Rejection and Momentum: The price rejected the 42,100 weekly level with strong bullish momentum, forming a bullish setup with a target of 42,600.
Order Collection Confirmation : Despite the bullish target not being achieved, the retracement implies another round of order collection, this time within the 42,328 daily level.
Conclusion and Thesis:
The evidence points to a bullish outlook. While the price is gathering momentum and confirming its intentions, I will wait for clear intraday confirmations before entering the market. Patience at this stage will ensure alignment with the larger trend and reduce exposure to potential false moves.
Quick Rally For 3030 Has Fallen to a High volume trading area reaching the point of control that could act as a strong support, added There's also a strong Hidden Bullish Divergence on the RSI that gives great indication that we could see a rally up from this daily support lvl (42,300) back to the "trend line" break & previous structure low,(Filling the sell side imbalance -FVG)
Confluences on This Trade
- Rejecting Daily support lvl 42,266
- Rejecting Demand zone
- @ 38.2 Fib Retracement
- Hidden Bullish Divergence (RSI)
- Buy Side imbalance fill
- Daily Volume Support
Lock in with your LTF Bullish Entry Signal,
WAIT FOR YOUR CONFIRMATION AND
**RISK ACCORDINGLY
Intro to the next possible move:
After this bullish move - price could reject the Trend line and previous structure low, then continue down.
**This bullish to bearish move would give price action a "Head and shoulders ish" Pattern on a HTF.
Caution on the Bearish Sell- we have high volume right below the 41,000 bank lvl that could act as a support.
with all of that being said the one thing that gives me great hesitation on the 2nd part of this move The "Bearish Sell" is the fact that this current pull back only brought price down to the 38.2 Fib lvl, so this could just be a minor pull back for a big Bullish continuation move.
US100, I like this if we make FVG to IFVG , i think we go higher until Buyside Liquidity!
we need just close above FVG!
Dow Jones, 12M analysisHi, a very Happy new year to all, posing my another 12M analysis
will post some additional information in the comment section shortly including 12M levels
Dow outlook for first half of JanuaryCurrently I am inclined towards the market making a Wave C of ABC flat correction. Although its still holidays week so we can see choppy market during this time.
US30 (SHORT)
1)Breakout of up trend
2)Head and shoulder formation D1 time frame
NB We currently completing Right shoulder.
US30It should go down when it touches the resistance I marked above, but we should still wait for confirmation and see how it reacts.
dow jones positional viewdow jones, positonal view is that it will continue to make lower highs and lower low till march,
from there we need to see, this is classical down trend ,with reasons given in chart, hope i have justified analysis,this is similar analysis i have done with bitcoin , please check it.
US30 gave a bullish intraday opportunity US30 Gave a nice bullish signal from the 42299 support level for a nice intraday opportunity.
Look for price to consolidate between the above mentioned support level and resistance level at 42900.
Look for intraday opportunities between these levels for profits until price decides to return overall bullish again.
DOWJONES Bearish iffollowing the rejection from 43400, the next support is 41650 which is a multi monthly candle consolidation area and where the trend from Oct 2023 is currently at, It's a major major area of support, if broken and confirmed below expect extreme downside price action to 36000
This Shit Weird But God Got Me Happy New Years . God Bless you all , from this moment forward i will trust my process 💯
