sell buy sell He will probably be able to do such a move in the future, at first he hits an upper and then a fall and again a upper and then the main fall
DJI trade ideas
Long Scalp - Look goodUse proper risk management
Looks like good trade.
Lets monitor.
Use proper risk management.
Disclaimer: only idea, not advice.
DOW JONES 1D MA50 supporting huge Inverse H&S push!Dow Jones (DJIA) has been trading within a Channel Up for the past 15 months. The pattern that could be the strongest driving force however in the coming weeks is an Inverse Head and Shoulders (IH&S), which is about to complete its Right Shoulder.
As you can see this is being strongly supported by the 1D MA50 (blue trend-line) in the past 30 days and every such IH&S pattern in the last 2 years broke to the upside and hit at least its 1.382 Fibonacci extension.
The 1D RSI sequences between those IH&S fractals are identical and the current RSI Bearish Divergence matches perfectly all previous Right Shoulder formations that preceded the 1.382 Fib push.
As a result, a 46400 Target would be an ideal technical Higher High for the Channel Up.
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US30 - 6H OutLookHi all feel free to add input into this outlook.
Looking to sell directly off the OB within the 71% range of the OTE entry model.
Aiming to take out sell side Liquidity and possible move into the Demand zone after a couple days
Good Luck if you decide to follow and be sure to leave your input
US30 I Bearish Continuation Based on the D1 chart, the price is approaching our sell entry level at 344,295.65, a pullback resistance.
A rejection at this level could drive prices lower toward our take profit at 43,313.48, a pullback support that aligns with the 50% Fibonacci retracement.
The stop loss is set at 45,048.64, a swing high resistance.
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US/30, dropping down to daily support price smashed through the 1 hour support area, now i think price will react of 4 hour support
or head down & react of the daily support area. still bullish overall, i will be looking for
buys off the 4 hour support & daily support areas. we could get some lower timeframe sells if this continues to drop to the daily support area.
Bearish drop?S&P500 is rising towards the pivot and could drop to the 1st support.
Pivot: 44,428.26
1st Support: 43,846.79
1st Resistance: 44,809.04
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DOW JONES Rectangle bottom formed. Bullish.Dow Jones hit today its MA200 (4h) and rebounded.
This has come too close to the bottom of the Rectangle pattern that dominates the price action in the past 3 weeks.
Trading Plan:
1. Buy on the current market price.
2. Buy again if the price closes above the Falling Resistance.
Targets:
1. 44450 (MA50 4h and Falling Resistance).
2. 45000 (top of Rectangle).
Tips:
1. The RSI (4h) got oversold and rebounded like on the February 3rd Low. Strong buy signal.
Please like, follow and comment!!
US30: Example of trading range situationIn this trading range situation neither the buyers nor the sellers have the upper hand.
Indeed, to gain the upper hand on one or the other, one of the two lines must be broken with force, that is to say the resistance line or the support line.
In the present case it is the support line which was forcefully broken by the sellers where supremacy over the buyers thus led to a heavy decline.
Dow Bullish sideways consolidationThe Dow (US30) index price action sentiment appears bullish, supported by the longer-term prevailing uptrend. However, since reaching an all-time high on 04th December 2024 the Dow index price action is consolidating in a sideways trading range.
The key trading level is at 44460, the current swing low. A corrective pullback from the current levels and a bullish bounce back from the 44460 level could target the upside resistance at 44835 followed by the 45060 and 45140 levels over the longer timeframe.
Alternatively, a confirmed loss of 44460 support and a daily close below that level would negate the bullish outlook opening the way for a further retracement and a retest of 44265 support level followed by 44160 and 43980.
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Dj trading I dea Hi traders what is your view?according to my view and analysis am expecting a small rejection towards lower trendline support before a breakout to the upside however I don't control the market ,market can goo all the way up from the current prices and that doesn't mean it won't come down, still soo position yourselfs accordingly and don't be in hurry (FOM0)I won't give you exactly point but expect anything thank you.
US30 (Dow Jones) H1 Analysis: Descending Resistance TestLooking at the H1 timeframe for the US30, we're seeing an interesting technical setup:
Market Structure:
Price trading beneath a clear descending resistance line
Consolidation pattern forming in recent sessions
Moving averages tightly grouped, indicating potential breakout setup
Recent lower highs respecting the descending trendline
Key Levels:
Major Resistance: 44,767 (Descending Trendline)
Current Price: ~44,518
Support Level: 44,153
Immediate Resistance: 44,592
Technical Indicators:
Volume showing decreased activity in recent consolidation
Momentum indicators showing neutral bias
Price compressing between moving averages
Lower timeframe structure indicates potential bearish continuation
Trading Considerations:
Watch for reaction at descending trendline
Volume increase needed for valid breakout
Key support at 44,153 needs to hold for bullish scenario
Potential for continuation of range-bound condition
s
US30 stalls amid Fed uncertainty and trade policy risks
Macro:
- The Dow remained in a prolonged sideways trend within a tightening range, navigating Fed policy uncertainty, geopolitical risks, and evolving trade policies.
- Markets expect it to stay range-bound until the Trump administration finalizes tariff measures early next month.
Technical:
- US30 is trading in a tight range at the previous top level and awaits an apparent breakout to determine the potential trend.
- If US30 breaks above the resistance at 45000, the index may continue rising to 47146, the 100% Fibonacci Extension level, which is confluence with the Ascending Channel's upper bound.
- On the contrary, a closing below 44000-44200 may prompt a further correction to restest the following support at 43300.
Analysis by: Dat Tong, Senior Financial Markets Strategist at Exness
SIMPLE SMART MONEY CONCEPTa 15min schematic, whereby we are in an uptrend and we have a major break of market structure(MBOS) to the upside, within the MBOS there's a shift of market structure to the upside, where we mark our Demand OB, which has an inefficiency, that has to be filled we patiently waited for the market to make a return to the OB(RTO) making internal liquidity. We used the Quasimodo level and inducement as confluence, and waited for the sellside pool of liquidity resting at the wick to be swept and executed our trade.
So BRIEFLY, the schematic comprises of
-BOS
-DEMAND OB
-INEFFICIENCY(NEAR OB)
CONFLUENCE
-INDUCEMENT
-QML
SWEEP
