Ascending wedges in DJI vs BTC topsJust a comparison of ascending wedges in DJI and the tops of BTC runs. Not saying we are at the top of this run... but just something to look at as a possible sign if broken.
US30 trade ideas
US30 SELLAnalazying US30 shows me a strong bearish trend on higher TFs.
Even though price is Currently trading on a daily AOI for possible bullish movement,
Price continuously breaking Lower lows.
- As price just retraced to a 2hr/4h Area of Interest, a medium-risk opportunity is presented.
- limit order set and triggered
-Let's see if price continues its bearish momentum with this trade
Like and Comment your thoughts!
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US 30 WALL STREET SHORTLet's try this quick short before the end of the evening
No financial advice.
Make your own choices and be cautious."
us30US 30 - Dow Jones
Bearish Channel as an Corrective Pattern in Long Time Frame and Bullish Channel in Short Time Frame
Break of Structure
Demand Zone
Completed " 12345 " Impulsive Waves
Fibonacci Level - 61.80%
US30 BullishWaiting for the market to retest to the retest area and I think it will push up after that.
Dow Jones/US30 crashes in the end of 2025 !!the chart clearly shows the target and it will last the upward wave to October -December 2025 😁
between 49000-52000
it is the opinion of the Writer 😁
Dow JonesDow Jones timeframe 1h: A descending trendline is drawn from recent highs, indicating downtrend, also There is a supply and resistance zone between approximately 42,500 and 42,600. We can see an overlap between the descending trendline and the resistance area. we expect the downward trend to continue within this range.
#DowJones #DJIA #StockMarket #TechnicalAnalysis #MarketTrends #Investing #MarketUpdate #TradingStrategies #FinanceNews #BullishVsBearish
Major Support & Resistance Levels to Watch in Dow JonesMajor Support & Resistance Levels to Watch in Dow Jones
Long Biased Market -> Wait for CorrectionPrice is moving towards a weak low. This should be ignored and we should wait until we reach the stronger level of demand formed via double bottom + absorption pattern.
Bullish Order Flow, but we need to wait until we reach a fair value to enter this market.
Bearish drop off pullback resistance?DJ30 is rising towards the resistance level which is a pullback resistance that aligns with the 50% Fibonacci retracement and could drop from this level to our take profit.
Entry: 42,400.11
Why we like it:
There is a pullback resistance level that aligns with the 50% Fibonacci retracement.
Stop loss: 42,712.31
Why we like it:
There is a pullback resistance level that is slightly above the 61.8% Fibonacci retracement.
Take profit: 41,786.49
Why we like it:
There is a pullback support level.
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US30The US30 chart still seems bearish to me.
I've specified a setup with its SL and Target levels.
This is just my personal view. Make sure to analyze the setup on this chart according to your own strategy before taking any trades.
Good Luck :)
Falling towards 50% Fibonacci support?Dow Jones (US30) is falling towards the pivot which has been identified as an overlap support and could bounce to the 1st resistance which is an overlap resistance.
Pivot: 41,604.84
1st Support: 40,023.54
1st resistance: 43,3309.76
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Index, Crypto and Metal current performance Crypto and US index are down in YTD. Now it is chance to buy them
Weekly Forex Outlook Sun.Jan.12.2025 - Fri.Jan.17.2025Like and Comments would be appreciated :D Not Financial Advice, Just my outlook/opinion
US30/USD Analysis Hello Guy's this is My OverView For US30/USD, Feel Free To Check It And Write Your Feedback In Comments
US30USD (US Wall Street 30) on a 1-hour timeframe indicates a bearish trend within a descending channel characterized by lower highs and lower lows.
Key points include:
Descending Channel: The price is moving between two downward-sloping trendlines, suggesting ongoing bearish momentum.
Sell Orders Zone: A potential sell entry point is identified just above the current price level around $42,600, indicating expected resistance.
Take Profit Levels:
Tp1 at $42,200: Initial profit target for short trades.
Tp2 at $41,800: Further downside target if selling pressure continues.
Current Prices: The current bid is $42,588.6 with an increase of +84 points (+0.20%).
Overall, traders anticipate further downward movement following resistance at the sell orders zone while eyeing defined profit-taking targets as per the established bearish channel dynamics on this timeframe.
Note: This analysis for educational purposes and not trading advice. Consider market conditions and strategies.
US30 - 30 minute Fully automated strategy!Most traders are WASTING hours staring at charts. Not me.
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US30 BEARISH SIGNAL FORMINGWhats up chat Degen Jake here with yet again another master piece i mean truly i have no clue how i come up with these things.... Lol (sarcasm).
So here we see a beautiful Dow Jones in all her glory already from the GET we know that everything that comes up so quickly like this will go back down quickly as well. We have a white trendline set into place because it does seem like its gonna continue on its bullish pathway. Perhaps after taking weekly liquidity (Highlighted by the blue horizontal ray), it will then want to go ahead and shake toward the downside. Either this or itll go ahead and catch some resistance at this level create a quick higher low and continue on its way up. FOMC on JAN 29 is expected to reduce bps leading in a bullish rally continuation. So, once more we sit patiently and wait to sell this market well be updating yall shortly on what we decide, but for now we speculate.
Sankara’s Brain: Why does Hegemony and Supremacy work? US30/DowTrumpian economics ushers the Neo Titanic era of late-stage capitalism. But are you really ready?
Blessings people. Are you well?
I'm just easing back into the site myself.
I've given you the most basic chart for your head tops!! You're welcome. It just illustrates my main direction today.
I entered the premarket with the hands-off (alerts only) approach and a wide stop.
Targeting 250 points of the US 3 to close out and historic week
I may also use a scalping strategy between the LSE and NYE opens
The pips are falling out of the sky. The bulls 🦬 can smell the blood. Even us bears 🐻can't resist the fresh meat in the woods this evening.
As the Fed looks to justify every reason slash rates and discount public spending it's truly a feast indeed.
As always on the menu is the working class, as the new deconstructionists claim their deck chairs on the reality TV show on Trump Neo-Titanic.
In short lads, just like the first time around - it's a good year to get rich. (Again)
Stay safe and profitable. ✊🏿
🔚
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Bio 🅱️:
Charles Sankara
Day Trader
Why does hegemony andsupremacy work? Trumpian economics ushers…Why does hegemony and supremacy work? Trumpian economics ushers The Neo Titanic era of late-stage capitalism.
Blessings. Good? I’m just easing back into the site myself.
An easy basic plain chart for your head tops!! you’re welcome.
entered the premarket with the hands-off approach and a wide stop.
Targeting 250 points of the US 3 to close out and historic week
I may also use a scalping strategy between the LSE and NYE opens
The pips are falling out of the sky. The bulls 🦬can smell the blood. Even the bears 🐻 like me can't resist the fresh meat in the woods tonight.
As always on the menu is the working class, as the new deconstructionists position their chairs on the reality TV show Neo-Titanic.
It’s a good year to get rich.
DJI reached resistance.The price has reached the center of the wide ascending channel and a trendline that served as a bottom of an old channel that was broken during December dump - now it's a resistance.
I also see 2h divergences on 2h RSI on US30, but not on DJI yet. I think it will grind the resistance for some time, create more divergence and go for a pullback.
US30 Key Event,Technical & Structures,Trading Scenario'sKey Events to Monitor
WEF Annual Meetings (Jan 20–24 Whole Week)
⦁Any unexpected global economic policy announcements could impact market sentiment and cause sudden volatility.
Unemployment Claims - Jan 23 (High Impact) Previous: 217K | Forecast: 220K
⦁A lower-than-expected value may signal economic strength, likely pushing US30 higher. A higher-than-expected value could lead to a downside move.
Crude Oil Inventories Previous: 2.0m
⦁Impacts energy and manufacturing sectors. A significant deviation from forecasts may cause volatility, indirectly affecting US30.
Flash Manufacturing PMI (Forecast: 49.4) Friday, Jan 24 (High Impact)
⦁Below 50 signals contraction, which could pressure US30 lower.
Flash Services PMI (Forecast: 56.8)
⦁A strong reading here can offset manufacturing weakness, supporting bullish sentiment.
Existing Home Sales
⦁Measures consumer confidence and spending; a significant miss may lead to bearish moves.
Revised UoM Consumer Sentiment (Previous: 73.2)
⦁Strong consumer sentiment is bullish for US30.
Tips for Events and Levels Interaction
⦁During Unemployment Claims and PMIs, watch for false breakouts around key levels like 43,375 and 43,700.
⦁Pay attention to consumer sentiment data: Strong data could cause a surge to resistance; weak data might lead to sell-offs.
⦁Adjust stop-losses wider during high-impact news to avoid being stopped out by volatility.
Technical Analysis: Levels and Structure
Resistance Zones
43,250 – 43,700 (Scalping/Day trading Resistance Levels)
⦁Price faced rejection at this resistance Level 43,250 after the Break above, forming a key short-term supply area.
⦁IF its holds above, More buys to next resistance @ 43700.
44,025 – 44350 (Swing Resistance Levels)
⦁A breakout above 43,700 would likely aim for this region as the next target.
Support Zones
43,250 - 43200
⦁Immediate minor support. A break below could see a test of lower levels.
43025 -42980
⦁Stronger support region where buyers might step in.
42815 - 42775
⦁Critical support to watch if selling pressure intensifies.
Trend and Indicators
⦁Short-Term Trend: Bullish after breaking out of the downtrend line, but price now shows consolidation near resistance.
⦁RSI: Approaching overbought territory, indicating potential short-term pullbacks.
Moving Averages
⦁20 & 40 MA: Positioned bullishly, signaling continued upside momentum unless the price falls below 43,015.
Trading Scenario's
Bullish Scenario
1. If price Rejects Above 43300 - 43250 - (Current Resistance that broke)
Look for bullish reversal signals.
Entry: 43315 - 43325.
StopLoss: 43200.
Targets: 43700 and then 44025.
2. If price pull back to 43025 - 42980 and reject above.
Entry: 43015 - 43025.
StopLoss: 42900.
Target: 43325 and then 43700.
Bearish Scenario
1. If price breaks below 43325 - 43250 and reject below.(Current Support after break out)
Entry: 43250 - 43225.
StopLoss: 43325.
Target: 43025 and then 42775
2. If price Price breaks 42815 - 42775 with and reject below.
Entry: 42775 - 42750
StopLoss: 42815.
Target: 42600 and then 42450 (Supply Zone).
