Possibility of correction As long as the index does not stabilize above the 88.6% level, there will be a possibility of changing the trend. Otherwise, the upward trend is likely to continue
US30 trade ideas
US30- Bearish ReversalUS-30 has made a bearish divergence and also broke a prominent trend line. Wait for the break for previous HL to take the entry and set the previous HH as a stop loss. Profit target should be the next 4H support.
Sell Setup Last Close: 41405 , Sell On Rise Around 41785---41885 For The Target 39889---37998
Bubble About To Busrt
Dow Jones
# Dow Jones - H1
📣 By analyzing the 1-hour timeframe, with the breakout of the resistance level around 41,124, you can consider buying with a target of 41,500.
⛔️ Stop Loss: 40,800
On the other hand, with the breakout of the 40,800 level, a decline in the index towards 40,400 is expected.
⛔️ Stop Loss: 41,124
DOW JONES RESPECTED THE ___.600 LEVEL41.600 level respected successfully🚨, today it was not that bad for DJI, after NVDIA📈earnings beat consensus🙌🏾
Us30 Sell ShortA bit of a risky sell but shortly we are expecting the drop we have been waiting for just requires a lil bit of bravery and patience .We are testing the waters.
Dow Jones | TAThe action that happened between 5-August through 26-August, is a classic pull-back. The last candle ended in a bearish note. Yesterday's session works as bearish confirmation based on candlestick reading. 2-3 additional red candles would give further strength to the bearish side, as this would still be considered early since only one session closed red.
The move that is developing now, starting after the 26-Aug. high and with confirmation yesterday, is the continuation of the move that started 18-July 2024. The pull-back is a normal market reaction as traders look for direction, not knowing what to expect. Everything is clear now. The FED will cut rates.
Cutting interest rates is the time to take profits. So, prepare for the drop.
A major correction tends to precede the change in the FEDs policies. After the correction we tend to experience long-term growth due to easier access to credit; some people call it "easy money."
Thank you for reading.
Thanks a lot for your continued support.
Namaste.
US30 Poised for Consolidation with Bearish Bias Below Key LevelThe price reached our targets perfectly, The US30 is expected to consolidate between 41,345 and 41,030 until a breakout occurs.
Stability above 41,365 will support a rise towards 41,760.
Stability below 41,365 will favor a decline towards 41,030, with a move below this level indicating a bearish trend to 40800 and 40480
Key Levels:
Pivot Line: 41345
Resistance Levels: 41450, 41720
Support Levels: 41180, 41030, 40800
Expected Trading Range Today: The price is likely to fluctuate between support at 40800 and resistance at 41365.
Trend: Bearish as long as the price remains below 41365.
previous idea:
US30US30 broke our Trendline with our 5/6 touches and now its busy re-testing of the Supply Zone which is the London Session right now hence im pleased with my Entrie.
Possible setups for tomorrow after unemployment rate news We have filled the fair value gap from the 15 min TF. US30 has been bullish on the 1h, 4h and 1D Timeframe. Which gives us more confirmation that we might still be bullish. As i said in my last post if trend line was broken we might see a break to ATH, but for that to happen we needed high volume news, yesterday there was no news. we were bearish for the day, but yesterday makes my bias even stronger since the gap was filled and we touched a support area and then bounced on that area back up. Tomorrow at 8:30AM there is unemployment claims news, Forecast is expected to be the same as previous. If it stays the same we might see some consolidation or even bearish movements. But if claims were better than expected probability of breaking ATH is HIGH. Heres what i suggest if actual unemployment claims show up lower than previous and forecast.
1) go to 5 min TF find a good bullish entry with confirmation.
2) If and when price gets to ATH, move your SL to breakeven and take off half of your profit.
3) Keep dragging your SL 30 pips under the actual price after it breaks ATH.
Remember Trading is all about increasing your probability %, nothing is 100%. So keep your risk management tight and keep an eye on it and keep your charts simple.
Possible setups for tomorrow after unemployment rate news We have filled the fair value gap from the 15 min TF. US30 has been bullish on the 1h, 4h and 1D Timeframe. Which gives us more confirmation that we might still be bullish. As i said in my last post if trend line was broken we might see a break to ATH, but for that to happen we needed high volume news, yesterday there was no news. we were bearish for the day, but yesterday makes my bias even stronger since the gap was filled and we touched a support area and then bounced on that area back up. Tomorrow at 8:30AM there is unemployment claims news, Forecast is expected to be the same as previous. If it stays the same we might see some consolidation or even bearish movements. But if claims were better than expected probability of breaking ATH is HIGH. Heres what i suggest if actual claims show up higher than previous and forecast.
1) go to 5 min TF find a good bullish entry with confirmation.
2) If and when price gets to ATH, move your SL to breakeven and take off half of your profit.
3) Keep dragging your SL 30 pips under the actual price after it breaks ATH.
Remember Trading is all about increasing your probability %, nothing is 100%. So keep your risk management tight and keep an eye on it.
US30 Buy ZoneStep one
* Market creates a sell structure @ 41169
Step two
* Market breaks through support @ 40953
Step Three
* Market breaks towards low of 40750 and quickly recovers in price action. Rally?
Step 4
*Economic data sends the Dow jones back to the resistance zones in step 1 & 2. Recovers to rally to an all time high of 41,500 or 42,000 and quickly sells.
US30 / Reached ATH, then downside or yet...Futures Inch Up with Focus on Interest Rates and Nvidia Results
The price reached its all-time high as we anticipated yesterday before pulling back. The US30 is expected to consolidate between 41,345 and 41,030 until a breakout occurs.
Stability above 41365 will support a rise towards 41760.
Stability below 41365 will favor a decline towards 41030, with a move below this level indicating a bearish trend for the week.
Key Levels:
Pivot Line: 41180
Resistance Levels: 41365, 41450, 41720
Support Levels: 41030, 40810, 40480
Expected Trading Range Today: The price will likely fluctuate between support at 40800 and resistance at 41430.
Trend: Bearish as long as the price remains below 41345.
previous idea:
sell posishionDaily time frame. Important lines are marked on the chart. At first, the price will be corrected, and if the trend breaks, we will see the price drop
Time? Top yet?
buy more and hold at 38K
The panic will end and all the bulls with step forward again soon
US30 Daily/4hr/1hrBefore:
Pre Analysis: Looking for price to respect 41,230 to take long position. In this area we've had multiple rejections which formed a beautiful 1hr support. On the 1hr we can see a possible liquidity grab around 41,180 where on a higher timeframe (Weekly + Daily structure) we have respected putting in HL.
After:
41,230 Area respected again putting in bullish momentum.
US 30 analysis Time frame 30mAccording to the upward trend, we have 30 minutes waiting to hit the 30-minute block, and then with confirmation in the 5-minute time frame, we can also expect to break the ceiling.
US30 ( UNDER BULLISH PRESSURE - 4H US30 / 4H TIME FRAME
HELLO TRADERS
in the last analyses reached our target + 450 pip profit .
Tendency , prices is under upward pressure , until trading above turning level at 2,507$
Upward Condition: With the price holding steady at the current turning level (1) at 41,040 and retest with stabilizing above turning level (2) at 40,680 , it is likely to rise towards the resistance level (1) of 41,401. If it stabilizes above this level, it could then reach the next target level of 41,864.
Downward Condition : To reach the 40,239 support level (1) , the price needs to first break the turning level (2) by closing a 4-hour candle below 40,680 . If it stabilizes below support level (1) , a further decline toward the support level (2) at 39,812 can be anticipated .
TARGET UPWARD ZONE :
RESISTANCE LEVEL (1) : 41,401 .
RESISTANCE LEVEL (2) : 41,864 .
TARGET DOWNWARD ZONE :
SUPPORT LEVEL (1) : 40,239 .
SUPPORT LEVEL (2) : 39,812 .
TURNING LEVEL : 41,040 , 40,680 .
Ath or notBased on rsi, ema and wma , with or without ATH , it's gonna fall towards the marked zone.
Green entry, red sl, thick red hard stop if premature entry taken
US30 DOUBLE BOTTOM BUY SIGNALHere on Us30 price has formed double bottom around level of 41107.3 and is likely to buy more if the line 41275.5 break so targeting profit should be around area of 41452.7 . So Use money management .
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Possibility of changing the trend It is expected that the upward trend will end in the current resistance range and we will see the beginning of the corrective trend.
Otherwise, it will be possible to continue the upward trend until the next resistance range, and then expect a trend change
