Ascending WedgeAscending wedge of this run up. Watching for breaks and retest of ranges. GL!by Weavs8443
Quick Rally For 3030 Has Fallen to a High volume trading area reaching the point of control that could act as a strong support, added There's also a strong Hidden Bullish Divergence on the RSI that gives great indication that we could see a rally up from this daily support lvl (42,300) back to the "trend line" break & previous structure low,(Filling the sell side imbalance -FVG) Confluences on This Trade - Rejecting Daily support lvl 42,266 - Rejecting Demand zone - @ 38.2 Fib Retracement - Hidden Bullish Divergence (RSI) - Buy Side imbalance fill - Daily Volume Support Lock in with your LTF Bullish Entry Signal, WAIT FOR YOUR CONFIRMATION AND **RISK ACCORDINGLY Intro to the next possible move: After this bullish move - price could reject the Trend line and previous structure low, then continue down. **This bullish to bearish move would give price action a "Head and shoulders ish" Pattern on a HTF. Caution on the Bearish Sell- we have high volume right below the 41,000 bank lvl that could act as a support. with all of that being said the one thing that gives me great hesitation on the 2nd part of this move The "Bearish Sell" is the fact that this current pull back only brought price down to the 38.2 Fib lvl, so this could just be a minor pull back for a big Bullish continuation move.Longby brianfjUpdated 449
DOW JONES: 5 month Channel Up bottomed and 1D MA100 hit. BullishDow Jones turned bearish on its 1D technical outlook (RSI = 35.675, MACD = -65.830, ADX = 38.532) after yesterday's sharp drop due to the Fed announcing an outlook shift to 2 rate cuts in 2025 from 4 previously. Technically though that fall presents a unique long term buy opportunity as despite crossing under the 1D MA50, it managed to hit the 1D MA100 for the first time since Aug 8th while touching the bottom of the 5 month Channel Up. Today the price is showing the first signs of rebounding. The 1D RSI rebounding from below 30.000 (oversold) is also a great bullish indicator. The drop that resembles most December's is the first bearish wave of the Channel (July-August). When it recovered, the rebound hit the R1 level at first and that is our target (TP = 45,000). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##Longby InvestingScope8
US30 4HFollowing up on the Dow Jones analysis ( link here ): As anticipated, the previously stated targets were successfully hit. However, the Dow Jones is expected to continue its decline toward the 42,000 level, where the market is likely to enter a correction phase. Looking ahead, I predict a break below 41,670. The next identified targets are 41,120 and 40,820, but I will hold off on focusing on them for now. As the market evolves and new data emerges, I will provide updated and precise analyses. Stay with me and enjoy accurate, professional insights.Shortby GreyFX-NDS6
US30 MovementGo Through The analysis The price of US30 Seems In Buy Side. Take Entry From current Price Stay in Buy Side These are Targets to Up Side If Price. Our Goal To Buy Side 1st Target 43,760 2nd Target 44,000 important to key Factors before Making Trade. Keep Eye On The target That's the US30 Movement. Plz Support with like and Comments for more insights to Fallow me.Longby Sense_Trading2210
Dow Jones Potential UpsidesHey Traders, in today's trading session we are monitoring US30 for a buying opportunity around 43300 zone, Dow Jones is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 43300 support and resistance area. Trade safe, Joe.Longby JoeChampionUpdated 3317
trend dji#dji Will the Dow Jones reach its previous ceiling? Support range 43200 and 42300 43700 and 44450 resistance ranges With the high stabilization of the resistance of 43700, we can hope for the rise of the price ceiling.by arongroups1
uptrendIt is expected that the continuation of the upward trend will form until the specified resistance levels. Then there is a possibility of a trend changeLongby STPFOREX3
Is another big crash coming ?This chart displays the Dow Jones Industrial Average (DJIA) monthly candlestick data alongside its 200-month simple moving average (SMA), highlighting significant historical declines and their characteristics. Here's the analysis: Key Observations: 1. Bearish Phases (Highlighted in Blue Boxes): Major drawdowns over the years are shown, with the percentage drop, the number of bars (months), and the trading volume involved. These events align with historical financial crises or economic downturns: 2000-2003 (-36.94%): Reflects the Dot-Com bubble burst. 2007-2009 (-52.12%): Represents the Global Financial Crisis. 2020 (-37.58%): Associated with the COVID-19 pandemic shock. 2. Recovery Time: The recovery periods vary significantly: Dot-Com Bubble: Took 37 bars (1,127 days). Financial Crisis: Longer with 18 bars (548 days) of drawdown and prolonged recovery beyond the charted downturn. COVID-19 Crash: Shortest at 2 bars (58 days) due to rapid monetary intervention. 3. Trends and Momentum: The 200 SMA provides a clear indicator of long-term trend stability: Downturns saw temporary breakdowns below the SMA, followed by robust recoveries. Overall, the index reflects an upward trend over the decades. RSI (14) Indicator: RSI peaks correlate to market highs; lows often match oversold conditions in major bear markets. 4. Market Volatility and Volume: A noticeable spike in volumes coincides with large bearish moves (e.g., 2007-2009 and 2020 crises), signifying panic-driven trading activity. Recent periods (2020 onwards) show high volatility, accompanied by strong rebounds. --- Conclusions: Historically, even severe bear markets have seen the DJIA recover and continue its long-term uptrend, which aligns with the principle of compounding returns and economic growth. The market tends to break its long-term SMA during extreme crises but eventually recovers. Current RSI values suggest the market may not yet be overheated, but caution is advisable given previous patterns. Would you like a deeper technical analysis or possible forecasting based on this data? Educationby AnkurDasTrader1
DOW JOENS 1469 Points Secured on Risological BUY SELL IndicatorDow Jones Industrial (DJI) on a 15-minute timeframe captured significant profitable movements using the " Risological BUY SELL Indicator ". The tool effectively identified both bullish and bearish entries, allowing traders to secure impressive gains. Highlights of Captured Trades: 584 Points captured in a downward move. 244 Points secured in a bullish retracement. 331 Points caught during a short trade. 310 Points profited in the final bullish rally. The Risological BUY SELL Indicator demonstrated precision in marking key entry and exit points for high-confidence trading decisions. Comment " FREE Trial " to get 7 days unlimited FREE trial of this indicator. Longby ProfitsNinja2
Bullish possibility YM may likely break the green trendline with the motive to go towards the top. However, failure to break the trendline to the upwards may mean bearish continuation.by Two4One41
US30 SELL to trend line idea *I am in no way a financial advisor and you should always do your own due diligence before placing any trade. Do not trade what you are not comfortable with losing. No trade is guaranteed.Shortby l2xinvestors1
Is another big crash coming ?This chart displays the Dow Jones Industrial Average (DJIA) monthly candlestick data alongside its 200-month simple moving average (SMA), highlighting significant historical declines and their characteristics. Here's the analysis: Key Observations: 1. Bearish Phases (Highlighted in Blue Boxes): Major drawdowns over the years are shown, with the percentage drop, the number of bars (months), and the trading volume involved. These events align with historical financial crises or economic downturns: 2000-2003 (-36.94%): Reflects the Dot-Com bubble burst. 2007-2009 (-52.12%): Represents the Global Financial Crisis. 2020 (-37.58%): Associated with the COVID-19 pandemic shock. 2. Recovery Time: The recovery periods vary significantly: Dot-Com Bubble: Took 37 bars (1,127 days). Financial Crisis: Longer with 18 bars (548 days) of drawdown and prolonged recovery beyond the charted downturn. COVID-19 Crash: Shortest at 2 bars (58 days) due to rapid monetary intervention. 3. Trends and Momentum: The 200 SMA provides a clear indicator of long-term trend stability: Downturns saw temporary breakdowns below the SMA, followed by robust recoveries. Overall, the index reflects an upward trend over the decades. RSI (14) Indicator: RSI peaks correlate to market highs; lows often match oversold conditions in major bear markets. 4. Market Volatility and Volume: A noticeable spike in volumes coincides with large bearish moves (e.g., 2007-2009 and 2020 crises), signifying panic-driven trading activity. Recent periods (2020 onwards) show high volatility, accompanied by strong rebounds. --- Conclusions: Historically, even severe bear markets have seen the DJIA recover and continue its long-term uptrend, which aligns with the principle of compounding returns and economic growth. The market tends to break its long-term SMA during extreme crises but eventually recovers. Current RSI values suggest the market may not yet be overheated, but caution is advisable given previous patterns. Would you like a deeper technical analysis or possible forecasting based on this data? Educationby AnkurDasTrader2
Technical Analysis of the Dow Jones Industrial Average The Dow Jones Industrial Average, as one of the most important benchmarks in the US stock market, is currently approaching a sensitive area in the range of 41363-41191 units. A review of the chart shows that this area acts as a strong support level and there is a possibility of a positive price reaction to this level. A full analysis of this situation will be provided below. 1. Price Structure Analysis The Dow Jones Industrial Average has recently exited the ascending channel it had maintained in the past months and entered a corrective phase. This correction has led the index towards the aforementioned support area, which is considered a key and valid level given the history of price performance. Level 41363-41191 units: This support area is obtained from the collision of several technical tools, including Fibonacci ratios (100% and 113% retracement) and the dynamic support of the lower trend line of the channel. Also, the price being near the lower band of the Bollinger Bands indicator also indicates the possibility of slowing down the decline and starting an upward rebound. 2. Bullish scenario If the index can maintain the support area of 41363-41191 units, a positive reaction and price increase can be expected. Short-term bullish targets: The price returns to the resistance level of 43749 units, which coincides with the 38.2% Fibonacci line. This level is considered the initial target for the rise if the price is supported successfully. Breaking through this resistance can pave the way for reaching higher levels in the medium term, including the psychological resistance of 45000 units. 3. Bearish scenario If the index fails to maintain the support area and stabilizes below the level of 41191 units, there is a possibility of continuing the downward trend. Bearish targets: The next support level is around 40800 units, and if it is broken, the possibility of further decline towards 39500 units will be strengthened. This decline could push the index into a deeper correction phase and increase selling pressure in the market.Longby arongroups2
US30 Provides a nice bull move at the 42300 levelUS30 Gave a nice long opportunity At 9:30 am when it quickly pushed up from the 42300 support level. This long will likely reach above the 43200 level and retest this area to continue its bullish move overall. The bulls have arrived!Long08:55by leslyjeanbaptiste1
Price Tests Key Levels as Bullish and Bearish Momentum CompeteTechnical Analysis The price dropped as anticipated in the previous analysis. Today, the price is likely to attempt to reach 41,960. A break below this level would confirm further bearish movement toward 41,740. However, if the price stabilizes above 41,970, it could support a bullish move toward the pivot zone at 42,370. Key Levels: Pivot Point: 42130 Resistance Levels: 42370, 42590, 42770 Support Levels: 41970, 41740, 41560 Trend Outlook: Bullish Momentum: Expected if the price stabilizes above 41,970. Bearish Momentum: Likely with stability below 41,970. previous idea: Shortby SroshMayi3
Mastering the trading on US 30! it is more than just an idea!Hi, I hope you all are doing well * The chart time frame on chart is 4H but all time frames were used on my analysis! * We hit together in this bearish wave ,which I spoke about before it happens, three TPs (have a look on my last two ideas which I attached their links down for you to see) and now it is more complex than before and we need to mind something I will speak about it now. * The overall big wave for US 30 is bullish and what we see in this bearish wave is just a big correction wave because the index is searching currently for its HL to settle on and return back to do another ATH and so on. That is the easy talk because the tough question now is what the index bias now and where could be that HL?! * To answer this question you need to see that chart again now quickly and read what will come below and always keep looking step by step. I do want only to tell you targets! I want you to understand too. * The index retraces from its ATH by the top yellow line, correct and lost 44735 already and I spoke a lot about the importance of that price as all that bearish wave happened because of that! * Then index kept breaking supports levels on the way down and did not care except to the target which the whalers want to send the index too to gain the power again. All the candles at the free fall were on the left side of the purple downtrend line and could not break it so far because if it will be broken, will be the end of the bearish wave but obviously the index till now did not reach to its target! * My TP2 on my last idea was at 43800 and I chose that price carefully and wisely and not further down as I expect a bullish retrace to happen from here at around 43800 or 43780 but to where it could go up to?! * Do you see now the yellow square which I wrote next to it not a safe zone? because the top and the bottom lines of that square are acting as support and resistance zone from 43780 till 43970 this area is so beloved by the market whalers to give a feeling it will go down or up then it could work out with only by luck! because the correct decision to take is to refrain or avoid to set your entry in this area at all and to be patient UNTILL the price break through above or down than that yellow square! * By going down, will send the index directly to 43435 which I said many times before that is the second most important price after 44735! and I said both those levels are game changer by all the means! losing them means further down moves like what happened with 44735 and settling and bounce up from will give the index the needed buy power back! 43435 is at the blue flag on the chart! where will be the TP of that idea ONLY if the index will continue to go down and close under by minimum 1h candle's body and not with a wick as it could retrace back before the closure of the candle then you would lose the trade! * Now have a look on the three blue curved lines and see now where they are heading to?! the first is at the 2HH which acts now as a strong support for index, the second and the third were the points where great bullish momentum started from. Now your your eyes started to see what I see )) * Now then, have a look too on the red line I drew for you to understand that this line is acting as support or resistance, again it is not by luck that it is located at 43435 which is at the TP level! * Then now have a look please on the bottom yellow line of the big rising channel where there is a very big chance still that index could go and touch that line too, but I am not sure yet about it. That is why the HL point will be when the index reaches the red pr the below yellow line )) * Before that last but it is EXTREME important! For US 30 to continue the big overall bullish wave, the 4 HL CAN NOT BE at less level that 3HH but higher or at same level is also acceptable! * Last thing! Guess what also, Do you think still that my Fib level of 38.20% will meet the index in the same point of when the index reaching to the yellow line is luck! nothing is by luck, that is the trading guys! and the beauty of it!! * I did not put a second TP because I do not want to confuse you but you already know where that will be now ;) I sat the idea on neutral not short or long! do not forget the yellow square, above it so will be bullish but down from it would be bearish and if it is meant to be bearish then you know the targets! I think now your minds are telling you 100% bearish then because the puzzle is solved now)) and all make sense! Wait, nothing in the trading is called 100% but say to yourselves, that there is a condition if it happen so I will know what I will do and I will be patient for it because nothing is called 100% and no one is perfect! Note!! My ideas are exclusive to myself only and is not regarded as an advice for traders or investors and are not more than personal thoughts which I just wanted to share with you all and I do hope they could help. I am not selling any signals and I do not take money favour any trades recommendations. They are free of charge all lifelong but I keep the copy rights of them though to not be copied or shared or sold.by moustafa_mareiUpdated 161696
US30 Falls to 42200 and is now in buyers ZoneUS30 Falls yesterday causing much of the traders to lose their bullish trades. The market faked like it wanted to go bullish but slid over 250 points. Price is currently closer to support 42300 and is likely to continue to consolidate between here and 92900. This is a zone to take small intraday trades to make up for any losses sustained with yesterday's slide. For bullish confirmation look for a retest above 42900. Be careful by paying attention to look for higher highs and higher lows. Be safe out there. Good trading. Long09:08by leslyjeanbaptiste3
DOW JONES - BEARISH MOVEHello Traders ! The Dow Jones price failed to create a new higher high ! Currently, The Higher low is broken (change of character). So, I expect a bearish move📉 _______________ TARGET: 43315.00🎯Shortby Hsan_BenhmedUpdated 101026
[b]#US30 | Dow Jones[/b] Long opportunityThis is an in depth analysis of #US30 | Dow Jones based on data presented on the H4 timeframe, we can expect a little resistance from the selling pressure, but the ultimate push to the upside seems to be more prominent. Longby XAUKING_228
US30 Finally Bullish After over 9 sessions of Bearish MovesUS30 is currently showing a bullish move. Its time to eat ppl. Take your longs and hold them. We are in for a ride. Look to take additional longs at the market allows. Look for retests of certain supports as price rises to take advantage of opportunities being presented. Happy Trading. Long09:34by leslyjeanbaptiste5
Bull run incomingYM successfully dropped and reached a support structure which may facilitate a bull run towards the established highs and all-time high in the coming few days or weeks. As long as price action is above 43,400 the indice will likely erase the bearish momentum. However, if the indice fails to go up and drops below the mentioned mark, Dow Jones will continue it's downward movement.Longby Two4One42