Chance of Recovery in DowThis is a simple long idea for the Dow: We had a heavy sell off today, now the VOLD is building a very clean double bottom. Let's seize the chance for a decent reversal.Longby OchlokratUpdated 3
US30 (Sensitive Consolidation Movement )Dow Jones New Forecast You should see a few more months of inflation data that appear to be falling (before any prices are lowered) The price corrected to their support line as we mentioned in the previous chart, so now still has a consolidation between 39790 and 40005 till breaking, from this support line will try to start a bullish trend toward 40005, and above it will get 40130 and more otherwise closing 4h candle under 39785 means will drop to get 39580 Pivot line: 39790 Resistance Prices: 40005, 40130, 40420 Support Prices: 39570, 39360, 39070 The movement range will be between support 39790 and Resistance 40130 Previous idea: by SroshMayi4
DJI Double TopI don't use Fibs but was curious if the lines I had drawn will show up and they do nearly perfectly. I don't use fibs, I use my eyes, and well, maybe I'll look at fibs more as they detected/predicted the same levels. I shorted DJI under 40k thursday pre-market and held the short to 39k Looking at DJI as it has no NVDA in it. Here is your double top. Cool CPI gave us a rally, now we're seeing the stagflation symptoms again. Don't think we'll see a third bounce off of the highs around 40k I believe 40k is long gone. S&P and Nasdaq are harder to read because of NVDA. My read is fundamentals first, chart second. There is an explanation for the moves.Shortby decklyndubsUpdated 4
Us30 potential long to end the week Nice range to retrace back into the 4hr Order block to take higher Paytience pays Longby Onlypips4xUpdated 113
US30We can attempt to short US30 from specified level as it break HL ,also trading in rising wedge pattern (reversal pattern) , also bearish divergence occur indicate that it moves downward. SL , TP mention in chart.UShortby SignalEdge3
US30 - THU 23 MAY 24 - TRADE SETUPAMD Setup Price manipulation to the upside. The market is likely to deliver to the downside. 15:30 - Unemployment Claims 16:45 - Flash Manufacturing PMI - Flash Services PMIShortby karenzialvin4
CHART BREAKDOWN US30: Key Levels, Targets and Thoughts!🎯Brief Description🖊️: The chart provides insights into critical market levels, emphasizing an essential supply zone (medium-risk sell zone) spanning from 39600 to 39570. Additionally, medium-risk sell zone between 40050-40090, respectively, are highlighted. Things I Have Seen👀: Medium-Risk Buy Zone🟠: Noted between 39600 and 39570, suggesting another area with moderate risk for potential buying positions. Medium-Risk Sell Zone🟠: Noted between 40050 and 40090, suggesting another area with moderate risk for potential selling positions. Bearish Targets📉: 40000: Possible retracement area. 39900: Possible retracement area. 39800: Area with laying low liquidity. Ultimate Target: 39600- Essential Demand Zone Bullish Targets📈: 39700: Possible retracement area. 39850: Possible retracement area. 40100: Area with a lot of liquidity. What's Important Now❗ Currently, the crucial approach is to wait and observe the price action at this level. We need to assess how the market reacts before considering any decisive moves. Stay observant and responsive to real-time developments in the market.by TTradessss4
US30 dropSeeing a sell on us30 as we can see price created a correction now we looking to dropShortby Beanieboyy3
SELL US 30Perfect opportunity to sell US 30 SELL AT 40010 - 40050 TARGERT 39800 - 39600 -39500UShortby ZIYADAVAKHIDOVAUZUpdated 2210
Re Entry after SL2nd attempt t longs on US30 after previous SL. Low lots tight SL,high riskULongby PassivePips3
US30USDUS30USD - The Price has given a breakout from Potential Reversal Zone of Bearish Bat Pattern Sellers will remain in control. Before Reversal, we have observed bearish divergence.Shortby mhamzasaeedm3
US30 SELL NOW!!!!!!!!!!US30 Made a new highs today completing my last previous analysis predictions on us30 now price just run liquidity at 39900 am expecting further drops on us30 till 37800 is completed now am looking for bearish moves JOIN AND ENJOY..........Shortby CAPTAINFX216
🚀 US30 (Dow Jones) Breakout Alert! 🚀🚀 US30 (Dow Jones) Breakout Alert 🚀 Hello Traders, Exciting news on the US30 (Dow Jones) front! The index has successfully broken through the key resistance level around 39,990 and is currently trading at 40,023.9. 📈🎉 Key Points: - Resistance Breakout: The price has moved past the crucial resistance level, indicating a potential bullish continuation. 🚀 - Body Structure: The area marked as "BODY STRUCTURE" around 39,161.8 served as a solid base for this upward move. 🔄 Next Steps: - Watch for Pullbacks: There might be minor pullbacks towards the breakout level, providing potential entry points for new positions. 🔍 - Target: Keep an eye on the upper resistance levels for potential profit-taking zones. 🎯 Chart Highlights: - The green zone represents the breakout level around 39,990, which has now turned into support. 🟢 - The red zone below marks a previous support area around 38,956.2. 🔴 - The blue box indicates the current trading range above the breakout level. 🔵 Stay updated for more insights and trade ideas. Let’s capitalize on this bullish momentum! Happy Trading! 🚀📈Longby MrCharlie1Updated 48
US30 SHORT IDEA "Seizing the Downturn: US30 Short Trades with High Risk-Reward Potential. These trades are strategically positioned to capitalize on market shifts, offering a clear opportunity for favorable returns amidst downward momentum Look promising as of now lets see where it leads Shortby HVP_87Updated 2
US30 Alert: Key Sell Opportunity and Potential Bullish Surge!Greetings Traders! Brief Description🖊️: Today, I am focusing on trading the US30, with an interest in taking a selling opportunity to reach the H4 bullish order block. Things I Have Seen👀: Liquidity Engineering🔄: Currently, price is engineering liquidity right above the H4 bullish order block using a retail pattern (support zone). Confirmation Buy Zone🟢: Once the price reaches the H4 bullish order block, I will look to buy against the sell stops (stop losses) upon confirmation. Bullish Targets📈: -1st Objective (H1 Buy Stops): Anticipating price having to reach into the H1 buy stops, which is high probable. -2nd Objective (Daily FVG): Anticipating a minor bullish run to reach and potentially fill the DAILY timeframe Fair Value Gap (FVG). What's Important Now❗ Time is crucial. I only trade indices during the New York session morning and afternoon due to the favorable volatility. Stay observant for real-time developments. Stay tuned for a video analysis on the US30. Best Regards, The_ArchitectShortby The_Archi-tect3
DJ30 FORECASTThe forecast for the Dow Jones 30 is now leaning towards a bearish trend. Prices are expected to fluctuate between 40050 and 39564. However, if the 4h candle closes below the pivot line at 39,564, the bearish pressure is likely to continue, potentially driving prices down to 39400 and 38825. Key Levels: Bullish Line: 39825, 40050, 40285, 40500 Pivot Line: 39564 Bearish Line: 39400, 39075, 38825, 38445Shortby RojBarwari3
US30 US30 is showing Bearish divergence at DOUBLE TOP Pattern place a sell at 39745 as it breached its Last HL plus Trendline and double top neckline UShortby Trade_WithOsama2
US30US30 Technical analysis in this Analysis we can see some sell level which I shared, watch it carefully and follow price action. Shortby AFFINITY_MARKETS3
US30. Weekly trading levels 27 - 31.05.2024 During the week you can trade from these price levels. Finding the entry point into a transaction and its support is up to you, depending on your trading style and the development of the situation. Zones show preferred price ranges WHERE to look for an entry point into a trade. If you expect any medium-term price movements, then most likely they will start from one of the zones. Levels are valid for a week, the date is in the title. Next week I will adjust the levels based on new data and publish a new post. ! Please note that brokers have a difference in quotes, take this into account when trading. The history of level development can be seen in my previous posts. They cannot be edited or deleted. Everything is fair. :) ---------------------------------------------- I don’t play guess the direction (that’s why there are no directional arrows), but zones (levels) are used for trading. We wait for the zone to approach, watch the reaction, and enter the trade. Levels are drawn based on volumes and data from the CME. They are used as areas of interest for trading. Traded as classic support/resistance levels. We see the reaction to the rebound, we trade the rebound. We see a breakout and continue to trade on a rollback to the level. The worst option is if we revolve around the zone in a flat. Do not reverse the market at every level; if there is a trend movement, consider it as an opportunity to continue the movement. Until the price has drawn a reversal pattern. Don't forget to like Rocket and Subscribe!!! Feedback is very important to me!by Forex_Hoby2
ChocHow are you trying to catch the wallstreet bus,at the next stop. Here the market is showing us signs of a trend line liquidity development by Godzillaviews2
DOW $16,000 - $DJI Dow Jones Industrial down to $16,000 by 2031Based on my Great Depression Research I think we get a market top +5% - +15% above May 2024. And crash to mean-reversion based on old 1993 - 2018 trading channels which parks us at a 200 weekly bottom of $16,000 on DJI. I am short the market until we prove otherwise. You could replace NASDAQ:NVDA and "Magnificent 7" with NEWCONNECT:RCA and US STEEL from 1929 and the news papers would read exactly the same. They still thought the economy was strong all the way until middle of 1930. There's no way to tell when we are in a great depression bubble that is imploding. The only way to tell is to short the market and if you make money - then we got problems. All my shorts from earlier in May are now max-profit. So I'm adding to shorts. Also all you people who think you're going to be rich; no you're not. You don't know what you're doing. The fact there's so many of you "I'm going to be rich" suckers is why I am bearish. Enjoy your Dow $16,000 suckers.Shortby DarthTrader13572
Is Dow Jones going to bring 1929 back?This picture aims to bring up a sense of wonder as to whether or not Dow Jones could print a 80% correction just as it did in 1929. The reason being ever since 2009 we are have been facing a bullish momentum and also, it hasn´t been so long since the United States started to have an economy with an interest rate above 0%. For those who live overseas that´s a normal reality, but there are enough reasons to build up concern about the Fed´s put into the USA´s economy´s health.Shortby josegarajau2