The Dow Jones Might Recover From Its LossesAfter the significant price losses, a recovery in the Dow is expected on the last two trading days of this week. The price target lies between the 38.2% and 50% retracement of the entire downward movement, which is a conservative choice.Longby Ochlokrat2
Bearish Trend Targets 42,450 Unless 42,910 BreaksUS30 Technical Analysis The price has dropped by approximately 500 points, reaching the support zone as anticipated in yesterday's analysis. It has now stabilized below the pivot zone, indicating that the bearish trend is likely to continue, targeting 42,580 and 42,450. As long as the price remains below 42,770, it is expected to decline further toward 42,450. Conversely, a break above 42,910 would signal a shift to a bullish trend, with the next target at 43,215. Key Levels: Pivot Point: 42770 Resistance Levels: 42910, 43050, 43215 Support Levels: 42590, 42450, 42300 Trend Outlook: - Bearish By stability below 42770 - Bullish by stability above 42910 previous idea: Shortby SroshMayiUpdated 3
NEW IDEA FOR DOW By examining the trend in the four-hour time frame, the Dow Jones index has important support in the range of 42365, and now, provided it is maintained, the rate can rise to the resistance of 42978.Longby arongroups2
DJI Long opportunityIf price will cross above 42532.15 then we can see up move till at least 42935 - 42900 . price is currently at institutional controlling zone. Trade at your OWN risk . I am not SEBI registered .Longby amit17gajjar0
longLooking at taking buying opportunities at the current price range targeting the HTF swing high price area.Longby cpointfx1
Weekly Forex Outlook Sun.Oct.20.2024 - Fri.Oct.25.2024Like and Comments would be appreciated :D Not Financial Advice, Just my outlook/opinion09:06by unkn0wntrad3r112
Dow Jones Short Term Sell IdeaH4 - Bearish convergence Currently it looks like a pullback is happening. H1 - Bearish trend pattern Currently it looks like a pullback is happening Until the strong resistance zone holds I expect the price to move lower further after pullbacks.Shortby VladimirRibakov2
Are We There Yet?Our top trend line has been touched a few times and rejected now, three days of falls could be the catalyst of the top being in and the early beginnings of a major turn down. Down days repeatedly see increased volume compared to light volume on up days...usually the market hold up until the Punch & Judy show in November. They don't ring the bell at the tops, lets watch the next few days, any further heavy selling can take us down to 39,500 area...October surprise? Appreciate a thumbs up, good trading and God Bless you all!Shortby Fractal7777740
DOW/US30 - SMALL RISK BIG REWARDTeam, I understand your fear about the down trend, we been doing very well with the DOW/US30 But today we are going to take a little RISK entry at 42450-42455 STOP LOSS at 42425 Target 1 at 42515-25 Target 2 AT 42675-76 Note: Once the price hit first target, bring stop loss to BE, dont forget to take 50%-70% partial profit. This is 3R-5R reward. just play small volume Longby ActiveTraderRoom9
US30 Breakout Setup – Targeting 43700 and 44000 US30 is showing strong bullish momentum with price holding above an ascending trendline, I am currently seeing consolidation near a key resistance level if price breaks above 43346 it could signal a good buying opportunity, I am targeting two main levels for take profit: First target: 43700 (minor resistance). Second target: 44000 (psychological level). My Stop Loss is set just below 43000 to protect the trade, right under the 0.618 Fibonacci retracement and trendline support, Trade Setup: Buy Entry: Above 43346 on a confirmed breakout. Stop Loss: Below 43,000 (protected by the Fib 0.618 level and trendline). Take Profit 1: 43700 Take Profit 2: 44000 This setup has a strong risk reward profile and follows the ongoing bullish trend in US30, Watch for a strong breakout before entering the trade! Best of luck!Longby kashifone1Updated 2
US30 LONGS-Market is respecting daily tm 4hr, & 30min support - FVG at 42555 needs to be revisited -RSI currently at 30 - Expecting lower high to be created by London session or sooner - Weekly support got hit todayLongby The8thWonderTrader1
New York Session Recap - US30, GBPUSD, USDCAD [L]Took 3 trades in New York Session - US30 Weekly Trend Reversal, GBPUSD Weekly Trend Breakout, and USDCAD Daily Breakout . I go over what I saw in the market this session.14:32by nohypetrader1
US30 Nearing 1M Pivot, Decline ExpectedHello, BLACKBULL:US30 is approaching the 1M pivot point, making it likely to be tested again soon. Currently, the price is expected to decline to the 1M pivot point and possibly lower. TradeWithTheTrend3344 by TradeWithTheTrend33442
US30 10/23/24💡 🔍 Daily time frame impulse: Price has made an impulse above the 10/20emas 🔍 Daily time frame correction: Price has corrected into the 10/20emas. ⌛ I will be waiting for the 4hr time frame to make a impulse and show a valid impulse above the 10/20emas as well as a correction into the 10/20emas just like the Daily has showed. Bias: BullishLongby angelvalentinx2
Retest of a highDow Jones might retest a near term as a result of the bearish move. A drop and stability under 43k, will likely see further downward movement. Longby Two4One41