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US30 trade ideas

Market Analysis: US30USD and Trump’s Presidential InaugurationMarket Analysis: US30USD and Trump’s Presidential Inauguration Overview of US30 (Dow Jones Industrial Average) The US30USD (Dow Jones Industrial Average) represents 30 of the largest and most influential companies in the United States. Its performance is often used as a barometer for the overall health of the US economy and investor sentiment. Key Reasons Why US30 May Rally Today 1. Trump’s Inauguration and Pro-Business Policies: • With Trump being inaugurated as president, market participants are anticipating a renewed focus on pro-business and growth-oriented policies. • Historically, Trump’s presidency has been associated with corporate tax cuts, deregulation, and infrastructure spending, all of which boosted the markets during his first term. Investors are pricing in similar expectations. 2. Market Optimism and Speculative Rally: • Political transitions often spark short-term speculative moves, especially when aligned with positive sentiment regarding economic growth. • Increased investor confidence in the potential for fiscal stimulus and business-friendly legislation is likely driving buying pressure on the US30. 3. Technical Breakout on the Chart: • The US30USD recently broke above a key descending trendline, signaling a shift from bearish to bullish momentum. • The index has also formed a higher low pattern, suggesting buyers are stepping in at stronger levels, creating upward momentum. 4. Increased Volatility and Volume: • The chart shows rising trading volume, which typically confirms stronger price movements. • The Stochastic Oscillator indicates the market is approaching neutral or oversold levels, suggesting room for further upward movement without hitting overbought territory. 5. Sector-Specific Gains: • Key sectors like financials, industrials, and technology are likely to benefit from anticipated pro-business policies, driving gains in major components of the US30. Potential Upside Targets • Immediate Resistance: 43,750 • If this level is broken, the next target will be 44,000, which aligns with previous resistance zones. • Support Levels: • Strong support is located at 43,400, providing a safety net for any minor pullbacks. Risks to Watch • Unexpected Announcements: Any policy announcements deviating from pro-business expectations could temper gains. • Global Factors: Macroeconomic risks, such as geopolitical tensions or unexpected Federal Reserve actions, could impact market sentiment. Conclusion The US30USD is positioned for an upward move today, supported by technical bullish signals, increased optimism around Trump’s pro-business policies, and market momentum. Investors and traders should monitor key resistance and support levels closely while leveraging today’s rally for potential short-term gains.
BLACKBULL:US30Long
by US30EMPIRE
Dow Jones Forecast: Rebounding into the Bullish ChannelThe Dow Jones Industrial Average (DJIA) has rebounded into its up-trending parallel channel, established between May and December 2024. The latest dip outside the channel retested the November 2024 low at 41,739 before climbing back above the 43,000-barrier. Bullish momentum faces a test with Trump's return and upcoming Q4 earnings reports. Fibonacci Retracements and Key Support Levels Using the retracement tool for the range between April 2024 (37,700) and December 2024 (45,078), key support levels have been identified. If the Dow reverses back outside the channel and falls below the 42,400 and 41,800 support zones, declines could extend to critical support levels at 41,400, 40,400, and 40,000, aligning with the 50% and 61.8% Fibonacci retracement levels. Fibonacci Extensions and Key Resistance Levels Using the extension tool for the range between April 2024 (37,700), December 2024 (45,078), and January 2025 (41,739), key resistance levels have been derived. A close above the 43,700 high (0.272 Fibonacci) will bring the next resistance levels into view: 44,500, 45,200, and 46,000, aligning with the 38.2%, 50%, and 61.8% Fibonacci extension levels. — Razan Hilal, CMT
FOREXCOM:US30
by FOREXcom
Bearish reversal off overlap resistance?Dow Jones (US30) is reacting off the pivot which has been identified as an overlap resistance that aligns with the 50% Fibonacci retracement and could drop to the pullback support. Pivot: 43,330.76 1st Support: 41,777.16 1st Resistance: 44,327.75 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.
ICMARKETS:US30Short
by ICmarkets
Dow Jones Industrial Average -Elliott Wave Count -01/17/25 The Dow Jones Industrial Average (DJI) since it’s 12/04/24 all – time high has a very clear Elliott wave pattern. From 12/04/24 to 12/20/24 there is a clear five wave Impulse pattern. Followed by an Elliott wave – Expanding Flat correction. Primary target for a top is at the Fibonacci .618 retracement of the 12/04/24 to 01/13/25 decline. Right near this target is another Fibonacci price relationship. Minor wave “C” will be 1.618 the size of Minor wave “A” only 3 – Dow points from the .618 retracement level. The Expanding Flat formation could peak sometime on 01/21/25.
TVC:DJIShort
by markrivest
S&P500 & US30 Active DivergenceDivergence does not always have to be observed through the lens of a lagging indicator. Closes do provide powerful signals as to when a move is likely to reverse direction. They also allow us to enter with a smaller risk. Lets first compare the previous swing lows marked out on both charts (dotted orange horizontal line) on the 20th Dec 2024. Zoom in on the white arrows! What do you see with the closes? Now focus in on the S/R zone in purple. Notice that the block width is created from the highest high and the highest low of the same swing. These are very important inflection points from which to compare closes when observing divergence between both instruments. Now observe the yellow arrows!! What do you see with the closes when comparing the S/R zone in purple? Now look at the yellow UPWARD diagonal median line of both purple pitchforks . have they both touched the same median line? Yes or No? perhaps another line confirming divergence? As an additional confirmation the market has touched the upper line of both light blue DOWNWARD pitchforks on both instruments with the current candle Lets see if we get the reversal. Cheers
CAPITALCOM:US30Short
by inflectionpointtrader
US30 Bulls Taking Control?! Weekly Timeframe Analysis Price Action: • The weekly timeframe remains in a large uptrend, supported by sloping EMAs. Despite a recent fall, this structure remains intact as prices bounced sharply at 42,000, aligning with the 0.618 Fibonacci retracement of the leg starting on September 9th. • Importantly, this bounce reclaimed the 20 SMA after dipping below, showing resilience and strength in the trend. Prices remain in the upper band of the Bollinger Bands, a bullish signal. Trendlines: • A large lower trendline dating back to October 2023 has held firmly during this fall, reinforcing its significance as a structural support. Higher trendlines are less clear, signaling a potential weakening in momentum on rallies. Indicators: • RSI at 57: Above midline but not overbought, showing moderate bullish momentum. • MACD bearish, histogram waning: Suggests that downward momentum is losing strength, a typical precursor to reversal or consolidation. • ADX at 19.65: Indicates a lack of strong trend currently, though negative DMI dominance shows residual bearishness. • Accumulation Distribution Line (ADL): Despite a wick below the 13 EMA, it closed above, with the 13 EMA > 48 SMA, suggesting underlying buying interest. Daily Timeframe Analysis Price Action: • After a long-term rise inside a parallel channel since August, prices broke below this structure on December 16th during the fall. • The bounce at 42,000 coincided with a daily order block, signaling the level’s importance. This bounce aligns with weekly trendline support and suggests a higher low may be forming, further confirmed by price action breaking back above 20, 50, and 100 EMAs during the recovery. Fibonacci Levels: • The daily retracement from the recent fall touched just above the 100% retracement level, showing a deep retracement pattern typical of a sharp corrective phase. Current price action hovers near the 0.5 Fibonacci extension level, facing light resistance. Indicators: • RSI at 54: Regained strength above 50, signaling mild bullish momentum. • MACD green and increasing: While both signal and MACD lines are below zero, the histogram growth reflects recovering momentum. • CMF at 0.08: Positive, indicating money flow into the asset. • ADX at 25.78, falling: The lack of strong trend during this bounce indicates it may be corrective unless the momentum picks up. • ADL dynamics: The ADL line sits above the 13 EMA but below the 48 SMA, reflecting moderate buying pressure without dominance. Order Blocks: • Significance: The bounce off the 42,000 daily order block confirms it as a key support level, and prices are now in a second daily order block near 43,500. These zones are critical for observing further price action. 4-Hour Timeframe Analysis Price Action: • During the fall, a falling wedge structure dominated, with lower highs and lower lows forming within the descending trendline. This bearish structure broke cleanly, signaling a potential shift to bullish momentum. • Prices have now moved to 1.23 retracement of the previous high, confirming bullish structure with a break of prior highs. However, a pullback to test support, either at the lower end of the daily order block or trendline, is likely before continuation. Indicators: • RSI at 69.97: Near overbought, reflecting strong short-term momentum. • MACD green but waning: Suggests the upward move may be slowing. • CMF at 0.21: Strong accumulation, validating the breakout. • ADX at 32: A rising trend with positive DMI dominance, indicating this move is supported by strength but not yet exhausted. Volume Profile: • The POC at 42,410 is a key magnet if prices retrace, with a high-volume node between 42,200 and 43,000, providing structural support for a potential retest. Custom Indicators Weekly: • The first green candle print post-fall indicates renewed strength. The close above the 50 SMA supports the uptrend narrative, making this print significant in confirming higher timeframe bullish momentum. Daily: • After a prolonged absence of green candles during the fall, a single green candle print two days ago signals recovery. However, the lack of consecutive green candles tempers the bullish case and calls for caution. Key Insights 1. Weekly Trend Support: The 0.618 Fibonacci retracement and major trendline at 42,000 align perfectly, making this level critical for sustaining the larger uptrend. 2. Daily Momentum Shift: Recovery of major EMAs (20, 50, 100) and a clean bounce from a daily order block signals that buyers are stepping in at higher levels. 3. Bullish Breakout on 4-Hour: The break of bearish structure is confirmed by strong indicators (RSI, CMF, ADX). However, overbought RSI suggests a pullback may be imminent. 4. Volume Context: The POC at 42,410 and high-volume node below current prices make the 42,200 - 42,500 zone a critical area for buyers to defend on a pullback. 5. Custom Indicators Support Recovery: The green candle prints on the weekly and daily charts bolster the bullish case but highlight the need for sustained momentum.
BLACKBULL:US30Long
by EliteMarketAnalysis
US30 DOW JONES TRADE IDEAThe Dow Jones Industrial Average chart displays a clear upward trend since 2020, characterized by higher highs and higher lows. An ascending channel pattern has formed, with the price currently trading within its boundaries. Key resistance levels are observed at 45,124.0, 44,820.6, and 43,388.8, forming potential supply zones where selling pressure has previously been observed. Key support levels are seen at 41,684.4, 40,084.1, and 38,581.4, forming potential demand zones where buying support has previously been observed. Given the prevailing uptrend and the ascending channel, a long trade could be considered. A long entry could be triggered upon a break above the upper trendline of the channel or a retest of a demand zone. A stop-loss order should be placed below the recent swing low or the 42,000.0 level. The profit target could be set at the 45,124.0 resistance level or the upper boundary of a supply zone. It is crucial to conduct thorough research, consult with a financial advisor, and implement proper risk management strategies before entering any trade.
SKILLING:US30Long
by karabompesi
US30 Bullish LongTitle: Long US30 (Dow Jones Industrial Average) Based on 1-Hour Bullish Divergence Trade Setup: - Asset: US30 (Dow Jones Industrial Average) - Timeframe: 1-hour - Entry: Buy at the close of a bullish candlestick pattern confirming divergence - Stop-Loss: Below the recent swing low on the 1-hour chart - Take-Profit: Based on key resistance levels or a 1:2 risk-reward ratio Analysis: - Bullish divergence confirmed on the 1-hour timeframe - Volume supports potential bullish reversal Trade Plan: - Enter long position on 1-hour bullish confirmation - Set stop-loss below recent 1-hour swing low - Take profit at key resistance levels or using a 1:2 risk-reward ratio - Risk 1-2% of trading capital This trade plan aligns with technical analysis and provides a structured approach to capitalizing on the potential bullish reversal in US30.
BLACKBULL:US30Long
by MAAwan
US30 4H - ATHDow Jones Analysis Previous analysis The market has shown its inability to continue the bearish move and started a bullish rally. I’m keen to see another sign of sellers’ weakness and look for a good buying opportunity. In the longer term, I anticipate the market will aim for a new all-time high, targeting 48,800. The invalidation level for this analysis is the market's failure to break above the 45,000 resistance. Pro Tip: Always stick to your risk management plan and continuously compare the market’s movements with your prior analysis. Remember, analysis is a roadmap, not a guarantee. Follow for updates!
OANDA:US30USDLong
by GreyFX-NDS
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