Markets have topped out after months of belief that the Fed would drop rates. The Fed will NOT drop rates until the economy is in recession and the markets collapsing...that is how they function. An initial selloff into mid April has been met with a weak bounce so far, this is your prime moment to load your shorts and prepare now for the mother of all bear...
📈 Dow Jones Rollercoaster Update! 🎢 Hey traders! 🚀 Exciting news from the Dow Jones Industrial Average! 🌟 After a wild ride down from its all-time high, we're seeing some serious action! 🎉 📉 First off, we've been on a downward trend for a while now, but guess what? 🤔 There's a new sheriff in town! 🤠 The daily chart is showing us a flashy double bottom pattern. 🔄...
Hi Traders ! On The Daily Time Frame: The US30 Reached a Strong Support Level (37264.94 - 37022.32). The Price Formed a Double Bottom Pattern. At The Moment, The Neckline is Broken ! So, I Expect a Bullish Move 📈 _________ TARGET: 38915.00🎯
The US30, also known as the Dow Jones Industrial Average (DJIA), is displaying strong bullish signals, indicating a potential uptrend in its price movement. This bullish sentiment is supported by various technical indicators and market dynamics. Based on the analysis, there is a compelling case for entering a buy position in the US30 index. Traders may consider...
US30 just grabbed liquidity at 37740 level am expecting a breakouts from that zone till we take out the 37701 then am going in on a long sell till 37001 is completed join and enjoy tell us what you think......?
Hello every one As we all expected, Dow starts a bullish trend from the first day of the week but we do not know if last week correction finished and what I have counted is correct or it is just wave b intermediate of ABC of wave 2 Primary. Note : There is another scenario that say we are in huge recession and what is happening is internal wave of an ABC cycle...
After the conclusion of yesterday's FOMC meeting, the US30 index initially experienced a bullish surge, only to retrace back to its pre-announcement levels shortly thereafter. Within this movement, a notable observation was the emergence of a Fibonacci Volume Gap (FVG) area, particularly evident around the 50% retracement level of the preceding bullish impulse....
Dow Jones (DJI) broke on Friday above its 1D MA50 (blue trend-line) for the first time since April 10 and even though it failed to close above it, today has already established the price action above it. This is a strong first bullish signal but isn't enough by itself. Even though the 1D RSI has already turned its MA from Resistance to Support, we need to see a...
Dow Jones formed a huge double bottom pattern on a daily, after a quite extended correctional movement from all-time high. The price turned very bullish on Friday and broke a solid horizontal resistance. The market may start recovering now. Target - 39000 ❤️Please, support my work with like, thank you!❤️
buy opportunity coming up , we can take this buys towards the upside of 38500 and further . liquidity was grabbed , small game was taken out thus market makers want to take control of market again .
The break of that range to the downside will trigger a short downpour of price. Kindly apply risk management.
Executing a Scalping Position on US30, the price initially reached 38570 before experiencing its first retracement. Currently, the price is undergoing a pullback at the 61.8% Fibonacci level, coinciding with a Bearish order block. Our focus lies on anticipating a rejection of this zone and identifying a new CD Leg Fibonacci extension.
DJ30 is rising towards a resistance level which is a pullback resistance that aligns with the 61.8% Fibonacci projection. A rejection from this level could indicate a double top pattern which could lead to price drop. Entry: 38611.96 Why we like it: There is a pullback resistance level which aligns with the 61.8% Fibonacci projection. Stop loss: 39089.65 Why we...
The price is falling toward a support level, which is an overlap support that aligns with the 23.6% Fibonacci retracement, and could potentially bounce from this level to our take profit target. Entry: 38582.81 Why we like it: There is an overlap support level which lines up with the 23.6% Fibonacci retracement. Stop loss: 38178.37 Why we like it: There is a...
Dear Colleagues, I suppose that the price has started the wave "5" of the higher order. At the moment I expect a correction in wave "2" of lower order, then I expect the beginning of wave "3" with the aim to reach the resistance area 39156.49. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
US30 The price has breached the pivot line and stabilized below it, indicating a continuation of the bearish trend towards 37620. If a 1-hour or 4-hour candle closes below this level, the bearish trend may extend towards 37120. Therefore, the price is likely to fluctuate between 38065 and 37120 until a breakout occurs. Additionally, today's FED and FOMC...
Futures tracking Wall Street's main indexes remained subdued on Tuesday as investors awaited the Federal Reserve's interest rate decision and closely monitored earnings updates. The Federal Reserve Open Market Committee (FOMC) will commence its two-day meeting later today, with markets focused on both the interest rate verdict and Chair Jerome Powell's...
📈 US30 Market Update: Bullish Breakout and Upward Trajectory! 🚀 CAPITALCOM:US30 Exciting developments in the US30 as we witness a significant breakout from the previous downtrend, moving past key resistance zones and gearing up for further upward movement. Here's a comprehensive analysis of the current market situation and the opportunities it presents: ...