US Extension from pull back As one can see we have made a solid support at 38.2 and looking for an TP at an 122 extension zone. Everything drawn on 1hr based on 4hr projection with a 15min to 5min entry based in supply or demand zones on those lower time frame.Longby Dekab3
NEW IDEA FOR DOWJONES The Dow Jones index can increase in price up to the 200% Fibo resistance at 43956 on the condition of maintaining and not recording any four-hour close candle time below the important support interval in the range of 42648-42487.Longby arongroups9
#US30 1HFor the US30 on the 1-hour chart, a bearish engulfing pattern has formed, signaling potential selling pressure. This candlestick pattern occurs when a large red (bearish) candle completely engulfs the previous smaller green (bullish) candle, indicating a shift from buying to selling momentum. It suggests that sellers have taken control, and the market may see a further downward move. Forecast: Sell Given the engulfing pattern, the expectation is for a bearish continuation, with potential downside targets as the selling pressure builds. Traders may look for confirmation through additional indicators or price action before entering sell positions.Shortby PIPSFIGHTER1113
Prepare to fly with US30 US 30 has come to a good zone to fly... If you took profit from my last signal or analysis.. Drop a message in the comment section. Check my analysis chart for all explanation.Longby SwiftTradr3
Downtrend 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 identifiedShortby STPFOREX0
US30 Futures Remain Under Pressure as Investors Eye Bank EarningDow and S&P 500 futures remained stable on Wednesday, while Nasdaq 100 futures experienced a slight uptick after a selloff in tech and oil stocks during the previous session. Investors are closely monitoring the quarterly earnings releases from Morgan Stanley and other major banks. Technical Outlook: The price has retreated from its all-time high of 43,200, maintaining a downtrend for US30 companies. Today’s market will be particularly sensitive, as earnings announcements are anticipated. As long as the price remains below 42,820, a decline towards 42,600 and 42,450 is likely. Alternatively, if a 1-hour or 4-hour candle closes above 42,820, stabilization may drive the price up towards 43,025 and 43,200. Key Levels: Pivot Point: 42820 Resistance Levels: 43025, 43260, 43500 Support Levels: 42610, 42450, 42300 Trend Outlook: Bearish By stability below 42820 Bullish by stability above 42820 previous idea: Shortby SroshMayi5
US30 Bullish BLACKBULL:US30 price overall is bullish but after breaking out of the bullish trend price is now heading for 42 400.00 level. That's the support level where we'll see another impulsive move to the upside. Longby Michael080k0
US30 short predictionMy first ever US30 short projection. Price is at the top range of the market structure. I am expecting this to start downward movemwnt. This will take about 8 - 14 days to hit TPShortby bubhei778
Reversal head & shoulders Pattern Neckline Breakout. It has breakout the uptrend as well as neckline the reversal pattern. we can get sell opportunity .its not financial advice just education purposes.by FXNEWSCLUB114
BEARISH RISING WEDGEWe are nearing the US30 elections which will cause a big drop on markets and us30 has given us a setup that may likely let us catch the move at its peakby flyboy_fx1110
US30 UPWARD PUSHWe are continuing the wave by retetsing the previous high in order to make new higher waves and complete the wave cycleLongby flyboy_fx1
Weekly Forex Outlook Sun.Oct.13.2024 - Fri.Oct.18.2024Like and Comments would be appreciated :D Not Financial Advice, Just my outlook/opinion06:47by unkn0wntrad3r111
US30 BUY-Market hit 4h and 15min support and seems to be respecting it. (we see 3 touches on 5 min each higher than the other) -30 minute RSI is currently sitting at 32 -FVG needs to be revisited at 4285 area - 1 min tm seems to show sellers exhaustion -I expect a lower high on 15min tm to start forming - Last but not least, traders intuition tells me its a buy Longby The8thWonderTrader221
October is Going to be a BloodbathDon’t Follow the Herd: A Rare Opportunity to Take Profits Don't believe the media or the herd when they tell you to buy NVDA and hold the stock market. This is a rare opportunity to take profits and possibly speculate short on the market. The current Elliott Wave count implies a crash in October, and NVDA, which topped out nearly 100 days ago, WILL lead the way down. Let's summarize some of the key reasons why you should be bearish: Elliott Wave Ending Diagonal: Signaling a Crash Current Elliott Wave analysis shows we are in an ending diagonal pattern. This formation is known for indicating the final stages of a trend, often leading to sharp reversals or crashes. The completion of this pattern suggests that a major decline may be imminent, with little room left for further upside. THERE DOES NOT NEED TO BE A CATALYST. In fact, with a probabilistic Elliott Wave count, we can predict the so-called "catalyst" before it even occurs. An ending diagonal suggests bank failures may be near. Yield Curve Uninversion: A Recession Signal Warren Buffett Watches Closely The yield curve uninversion is one of the most reliable recession indicators, and it’s no secret that Warren Buffett keeps an eye on it. I’m not a big fan of Buffett, but historically, his timing is incredible, and yield curve uninversion is one of his main timing tools. Historically, this signal has a near-perfect track record in predicting recessions. We’ve now officially entered uninverted territory, and this alone is cause for concern. FED Pivot: Following the Market Lower Looking at past crises, particularly 2007-2008 and 1929-1932, the Federal Reserve’s pivot is often a sign of the central bank following the market lower. From 1929 to 1932, the federal funds rate dropped from 6% to 2.5%, and yet the Dow Jones Industrial Average (DJIA) fell by 89%. Similarly, in 2007-2008, the federal funds rate went from 4.76% to 0.22%, and stocks fell by 54% (DJIA). We are seeing a similar scenario unfold today, suggesting further downside risk ahead. Extreme Sentiment: Higher Than 1929, 2007, and 2021 Sentiment is at extreme levels. Consumer predictions of higher equity prices in the next 12 months are at an all-time high, surpassing even the exuberance seen in 1929, 2007, and 2021. If you’re bullish, just remember—you’re moving with the herd. Momentum Divergence Signals a Major Top A 25-year-long momentum divergence is also flashing warning signs, agreeing with the view that a major market top is near. Take Advantage of Peak Sentiment If your goal as an investor is to buy low and sell high, statistics show us that investors are MOST bullish at the top and MOST bearish at the bottom. If you want to buy low and sell high, then you need to be selling into peak optimism and buying into peak pessimism. This is an opportunity to take profits, hedge, or if you are a experienced trader: speculate short. Good luck, Bardini CapitalShortby BardiniCapitalUpdated 8879
Possible Buy Trade on US30 / Dow JonesThis is my analysis trade for US30. Weekly is bullish all the way down to 4H for HTF direction. I will not chase the price instead. I will wait for the pullback for the price to go to my buying zone for the OB which are showing up from 4H all the way down to 15M timeframe. So for me, this is the best location to buy again for another possible round of bullish action for this market. I added a trade alert so I will not look at this pair in the week until my alert gets triggered. Once price goes to my buy zone and I get my alert, that's the time I will go down and find my possible trade entry on lower timeframe so I can have a tighter stop loss and possibly get a better risk reward ratio. Possible target would be the all time high price as well. I will update my trade idea here once price goes to my buy zone for my possible entry on the lower timeframe.Longby ProfitWithVinceUpdated 2213
DOW JONES Channel Up is turning bearish gradually.Dow Jones is trading inside a Channel Up and is currently very close to its top. So far the bullish wave is a +8.03% from the last Low. The previous bullish wave topped after a +8.33% rise. Technically the index is very likely to top now or on the next MA50 (4h) rebound. Trading Plan: 1. Sell on the current market price. Targets: 1. 42000 (above the 0.5 Fibonacci level, where the last Low was priced). Tips: 1. The RSI (1d) just crossed below its MA trend line. This was the ultimate sell confirmation (September 3rd) on the previous High. Please like, follow and comment!! Notes: Past trading plan: Shortby TradingBrokersView3311
DOW JONES - Potential long !!Hello traders! ‼️ This is my perspective on DOW JONES. Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look for a long. I expect price to continue the retracement to fill the imbalance lower and then to reject from OB. Like, comment and subscribe to be in touch with my content!Longby Snick3rSD7
Dow 30 Tanks! Short Trade Hits First Target – More Downside?The Dow 30 (DJIA) has shown significant bearish momentum, with the short trade reaching Take Profit 1 (TP1) at 42855.11. Key Levels Entry: 42975.00 – The short position was entered as the price broke below this level, indicating bearish sentiment. Stop-Loss (SL): 43072.00 – Placed above recent resistance to protect against a potential price reversal. Take Profit 1 (TP1): 42855.11 – The first target has already been reached, confirming the downward move. Take Profit 2 (TP2): 42661.11 – The next target as the bearish trend continues. Take Profit 3 (TP3): 42467.11 – A further target if selling pressure persists. Take Profit 4 (TP4): 42347.22 – The ultimate profit target signaling a continued decline. Trend Analysis The price has dropped below the Risological Dotted trendline, confirming the strength of the bearish trend. With TP1 already hit, further downside potential is in play, with the price likely to test TP2 and beyond. The short trade on the Dow 30 has successfully hit its first profit target, with further targets likely if the current bearish trend holds. The strong downward move suggests that TP2 and TP3 could be reached in the near term.Shortby ProfitsNinja3
Dow Jones Hits All Targets! Bullish Surge CompletesThe Dow Jones has demonstrated a strong bullish trend, with the long trade reaching and completing all profit targets. Key Levels Entry: 42078.17 – The long position was entered as the price broke above this level, confirming bullish sentiment. Stop-Loss (SL): 41954.95 – Positioned below recent support to manage risk in case of a pullback. Take Profit 1 (TP1): 42230.47 – The first target was achieved, confirming the continuation of the upward trend. Take Profit 2 (TP2): 42476.91 – The second target was hit as the bullish momentum continued. Take Profit 3 (TP3): 42723.35 – Momentum carried the price to the third target. Take Profit 4 (TP4): 42875.65 – The final profit target was reached, signaling a strong rally. Trend Analysis The price is comfortably trading above the Risological Dotted trendline, confirming the strength of the bullish momentum. With all targets hit, the trend continues to reflect a strong upward movement, supported by positive market sentiment. The long trade on the Dow Jones successfully hit all profit targets, with the final TP4 at 42875.65 marking the end of a highly profitable trade. Strong support from the Risological Dotted trendline and continuous upward momentum suggest that the market is favoring bulls in this period.Longby ProfitsNinja3
Don't be Decived ... US 30 is about to fly to the skyUse a reasonable Lot size and hold it to the top... Simply follow the trend after every retracement . Enjoy your profit.Longby SwiftTradr3313
US30 Possible moveWe are in a clear uptrend andmarket is retracing before another heavy impulsive move to the upward sideby flyboy_fx2
US30 Possible moveWe are in a clear uptrend andmarket is retracing before another heavy impulsive move to the upward sideby flyboy_fx1
Bullish bias on US30Price action on Us30 has been on a healthy trend breaking multiple structures to the upside forming HH and HL's Market broke past 42913.0 forming a bullish breaker block. An impulse move occurred to the upside if the market retraces back to the 1H bullish breaker block at 42913 i anticipate continuation of buys at that level and my take profit at 43,176.9Longby Nigel-K-W5