Get started
Dow Jones Industrial Average IndexDD

Dow Jones Industrial Average Index

42,129.72USDR
−97.57−0.23%
As of today at 00:01 GMT
USD
No trades
See on Supercharts
Overview News
Ideas
Discussions Seasonals

US30 trade ideas

DJI Daily Chart Analysis: Price Rejected at Mid-Band Resistance The price is below the middle line (likely a 20-day moving average) of the Bollinger Bands, which typically signals bearish momentum. Recent price action shows a lower high and a lower low pattern, indicating the continuation of a downtrend. The candlesticks are mostly red with increasing volume of selling pressure. Bands are widening, suggesting increased volatility. The price recently pierced the lower Bollinger Band, which often indicates a potential for short-term rebound—but in a strong downtrend, this could also mean acceleration to the downside. Key Support Zone : Around 38,000 to 38,500, where previous buying occurred in early April. If broken, further downside to 37,000 is likely. Key Resistance Zone : Near 40,500 to 41,000, aligning with the mid-Bollinger Band. This area has been tested and rejected multiple times.
TShort
by Sahrin
US30 Weekly: Support Under Threat - Prepare for More Downside?US30 Weekly Analysis - Potential Trading Setup Technical Outlook — 21 April 2025 Current Market Condition: US30 on the weekly timeframe is trading within a long-term ascending channel. Price recently experienced a sharp correction, breaking below the middle of the channel and is now testing a key support zone. Potential Trading Setup: Potential Reversal/Long Setup (Primary Scenario): Entry: Look for strong bullish reversal signals within the current support zone (around 37,500 - 38,500). This could include bullish candlestick patterns on the weekly or daily timeframe, coupled with the Stochastic indicator showing a bullish divergence or crossing up from oversold territory. Stop Loss: Place a stop loss below the low of the reversal signal or below the lower boundary of the support zone (below 37,500). Take Profit Targets: TP1: The middle of the ascending channel (around 40,500 - 41,000). TP2: The upper trendline of the ascending channel (currently around 44,000 - 45,000, and rising over time). Bearish Continuation Setup (Secondary Scenario): Entry: If bullish reversal signals fail to materialize and the price breaks decisively below the current support zone (below 37,500), look for short entry opportunities. The Stochastic indicator confirming downward momentum would add confluence to this setup. Stop Loss: Place a stop loss above the high of the breakdown candle or above the broken support zone. Take Profit Targets: TP1: The next significant support level around 34,000 - 35,000. TP2: The lower boundary of the ascending channel (currently around 32,000 - 33,000, and rising over time). Important Considerations: Weekly Timeframe Significance: Trading setups on the weekly chart require patience and can take time to play out. Confirmation is Crucial: Wait for clear confirmation signals, including price action and signals from the Stochastic indicator, before entering any trades. Channel Dynamics: The ascending channel trendlines are dynamic and will change over time. Risk Management: Employ appropriate position sizing and always use stop-loss orders. If you found this analysis valuable, kindly consider boosting and following for more updates. Disclaimer: This content is intended for educational purposes only and does not constitute financial advice.
F
by MarketsPOV
US30 Trade Update – 21/04/2025 🚨 US30 Trade Update – 21/04/2025 🚨 📉 US30 Continues Downtrend! The Dow Jones remains under heavy pressure after rejecting 40,701 resistance last week. Price is now grinding below EMAs with a bearish structure and eyeing the next support at 38,400. 🔍 Key Observations: ❌ Strong rejection from 40,701 📉 EMA 8/21 crossover remains bearish 🔻 Price consolidating near 38,800 ⚠️ If 38,400 breaks → eyes on 36,743 next major support 🎯 Trade Plan: 🔻 Short below 38,400 → Target 36,743 🔹 Long only if price flips 39,800 and holds 🧨 Bearish bias intact unless bulls reclaim trend control 📌 No signs of reversal yet. Trend favors sellers — watch 38,400 for breakout or bounce.
FShort
by h4rVey
Bears Dominate US30 – 36,800 In Sight?Price broke below the 39,070 support zone and is continuing lower. Bears remain firmly in control, with no signs of reversal yet. All eyes on the next key support at 36,800🔽. 🔼 Resistance: 39,070 🔽 Support: 36,800 As long as price remains under 39,070, bearish bias holds. A retest of broken support could act as a resistance for short opportunities. No clean bullish setup unless we reclaim that level. 📰 Sentiment: Risk-off tone continues with traders cautious around economic data and earnings season. 📛 Disclaimer: This is not financial advice. Trade at your own risk.
EIGHTCAP:US30
by SPOT_FX
US30 sellI believe US30 is heading lower for numerous reasons: - It is really hard to deduce anything from price action on the 3 month and monthly timeframe. - However, price on the weekly did hit a major liquidity level at 37,250 and rejected it with a lot of bullish orders. - 40,750 is a liquidity level that has price has failed to close above in two consecutive weeks. - Moreover, the two previous weeks, price has rejected 40,750 by forming a lower low the next week, which indicates that price is bearish. - Last week, we saw a bearish candlestick closure on the weekly, which indicates that there is not enough momentum/buy orders for price to go higher. - Hence, the weekly timeframe is bearish - The daily timeframe confirms the weekly bias with a number of confluences. - First of all, we see that price took a lot of buy orders at 37,250 and formed a double bottom. - Price peaked at 40,750 and the level has been rejected twice with a double top. -What confirms my bearish bias is that price is that we saw a candlestick closure below 39,560 (this is a region where we see a daily body closure). - On the daily, price is hence bearish and the next liquidity points are at 38,250 and at 37,500. - I believe that price is headed to those regions - On the 4 hour timeframe, we see that price has already formed a textbook sell setup. - Price collected sell orders at 40,000 on Thursday. - Price then retraced from the 39,000 level and collected more sell orders at 39,400. - My 4H take profit is at 38,650. - Until then, my job is to monitor whether price will fail to reach that target and collect more sell orders at 39,400 or at 39,000.
FShort
by allan_mwenja2000
2
US30 – Monthly Market Structure Analysis (April 2025) – OLHC BUY As we analyze the monthly structure of the US30 index for April 2025, several key technical developments and strategic insights are worth noting: 1. Monthly Low Established: The price action for this month has thus far established a significant low, indicating a potential bottoming pattern that may signal the beginning of a bullish move. 2. Key Support Level and First Rejection: A strong bullish rejection was observed at the 37,000 level, which has proven to be a substantial support zone. This level held firmly, suggesting strong buyer interest and institutional accumulation. 3.Target Projection: My primary take-profit target for this upward move is projected at **41,834.42** , which aligns with higher timeframe resistance and Fibonacci extension levels. This offers a favorable risk-to-reward scenario for long entries. 4. Waiting for Confirmation: At present, I am closely monitoring price behavior near a **minor support zone**, where I anticipate another rejection that could provide the ideal entry signal for initiating buy positions. Patience remains key as we await further confirmation. 5. Strategic Considerations: - Risk Management: Traders are advised to apply proper risk management protocols. Avoid over-leveraging, and ensure your trade size is appropriate to your account equity. - Discipline: Do not rush into trades. Wait for solid confirmation signals, such as bullish candlestick patterns or momentum shifts, before committing capital. - Market Conditions: Be aware of upcoming economic events or fundamental news that may impact US indices, and adjust your strategy accordingly. 6. Community Engagement: If you found this analysis insightful and aligned with your trading view, feel free to like, share, and follow for more structured market updates and trading ideas. Let’s trade smart, stay patient, and manage risk with precision. All the best this month!
BLong
by ezeepips
DETAIL ANALYSIS OF US30 US30 has reversed from bullish to bearish on daily timeframe However on monthly timeframe the long term Bullish trend is intact on Monthly timeframe applying SMC i have marked the chart and possible scenario is of downward likely market will take on the previous low and apparently on daily time frame its probably 4th wave low is yet to be identified therefore will look for selling with stop above 41000 Note: Only for educational purpose not a financial advice
B
by Awii_Khan
2
US30 Outlook on 4H TF - LONG US30 - Bullish Wave 5 Push to 42,000 📈 We're still in a Wave 4 correction on the daily, but price just retested Wave 4 lows at 38,900 area and held (for now). Now forming a double bottom on the 4H, and Wave 1 is starting on the 1H. Looking for a Wave 5 push up toward 42,000 before a major selloff. Key Levels: 🔹 Support: 38,970 🔹 TP Zones: 40,000 → 41,000 → 42,000 🔻 Short Bias kicks in after Wave 5 completes (Target: 38,100-38,200) Plan: Buy dips while above 38,900, scale out near 42K, watch for reversal confirmation.
OLong
by breeanapaige1
Bearish drop?Dow Jones (US30) is reacting off the pivot nd could drop to the 1st support that lines up with the 61.8% Fibonacci extension. Pivot: 39,291.00 1st Support: 37,024.36 1st Resistance: 40,624.32 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.
IShort
by ICmarkets
Avoid Trading Indices on Long Weekends and Bank HolidaysTrading indices during long weekends or bank holidays can be risky due to lower liquidity and higher volatility. Many major financial institutions and market participants are away, leading to thinner trading volumes. This can cause exaggerated price swings, making it harder to execute trades at desired levels. Additionally, unexpected news or geopolitical events over the extended break can trigger sharp gaps when markets reopen, increasing the chances of significant losses. Another key concern is the lack of immediate reaction time. Since markets are closed for an extended period, traders have no opportunity to adjust positions in response to breaking news. This can leave portfolios exposed to unforeseen risks. Spreads on indices also tend to widen during these times, increasing trading costs. For these reasons, it’s often safer to wait for normal trading conditions rather than risking unpredictable moves during illiquid holiday sessions.
FEducation
by KeN-WeNzEl