Dow Jones index 15 minute fast tradewe can excpect some reaction to this area . 2R reward is a good idea.
US30 trade ideas
Bullish momentum to extend?DJ30 is falling towards the support level which is a pullback support that is slightly below the 23.6% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 43,850.12
Why we like it:
There is a pullback support level that is slightly below the 23.6% Fibonacci retracement.
Stop loss: 43,383.26
Why we like it:
There is an overlap support level that is slightly below the 38.2% Fibonacci retracement.
Take profit: 44,606.77
Why we like it:
There is a pullback resistance level.
Enjoying your TradingView experience? Review us!
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
Bearish reversal?Dow Jones (US30) is reacting off the pivot and could drop to the 1st support.
Pivot: 44,527.60
1st Support: 43,330.76
1st Resistance: 46,048.47
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.
US30 Will Go Down! Short!
Here is our detailed technical review for US30.
Time Frame: 1D
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is approaching a key horizontal level 44,145.21.
Considering the today's price action, probabilities will be high to see a movement to 42,746.00.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
Like and subscribe and comment my ideas if you enjoy them!
US30/DJ30 "DOW JONES INDUSTRIAL AVERAGE" Bullish Heist Plan🌟Hi! Hola! Ola! Bonjour! Hallo!🌟
Dear Money Makers & Robbers, 🤑 💰
Based on 🔥Thief Trading style technical and fundamental analysis🔥, here is our master plan to heist the US30/DJ30 "DOW JONES INDUSTRIAL AVERAGE" Indices market. Please adhere to the strategy I've outlined in the chart, which emphasizes long entry. Our aim is the high-risk Red Zone. Risky level, overbought market, consolidation, trend reversal, trap at the level where traders and bearish robbers are stronger. Be wealthy and safe trade.💪🏆🎉
Entry 📈 : You can enter a Bull trade at any point,
however I advise placing Buy limit orders within a 15 or 30 minute timeframe. Entry from the most recent or closest low or high level should be in retest.
Stop Loss 🛑: Using the 3h period, the recent / nearest low or high level.
Goal 🎯: 44600.0 (or) escape Before the Target.
Scalpers, take note 👀 : only scalp on the Long side. If you have a lot of money, you can go straight away; if not, you can join swing traders and carry out the robbery plan. Use trailing SL to safeguard your money 💰.
Warning⚠️ : Our heist strategy is incompatible with Fundamental Analysis news 📰 🗞️. We'll wreck our plan by smashing the Stop Loss 🚫🚏. Avoid entering the market right after the news release.
Fundamental Outlook 📰🗞️
The US30/DJ30, also known as the Dow Jones Industrial Average (DJIA), is a stock market index that represents the 30 largest and most widely traded companies in the US. The index is a widely followed benchmark for the overall health of the US stock market.
CURRENT MARKET SENTIMENT:
The current market sentiment for the US30/DJ30 is bullish, with the index trading near its all-time highs. The US economy is strong, with low unemployment and steady GDP growth. However, there are concerns about the impact of trade tensions and rising interest rates on the economy.
UPCOMING NEWS:
US GDP Growth Rate: The US GDP growth rate for the second quarter is expected to be released on Friday, with expectations of a 2.0% growth rate.
US Non-Farm Payrolls: The US non-farm payrolls for July are expected to be released on Friday, with expectations of 180,000 new jobs added.
US Unemployment Rate: The US unemployment rate for July is expected to be released on Friday, with expectations of a 3.6% unemployment rate.
Federal Reserve Interest Rate Decision: The Federal Reserve is expected to announce its interest rate decision on Wednesday, with expectations of a 25 basis point rate cut.
Strong US Economy:
Low unemployment rate
Steady GDP growth
Increase in consumer spending
Improvement in business confidence
Monetary Policy:
Federal Reserve adopts a dovish tone
Interest rates are cut or remain low
Increase in money supply
Stimulative monetary policy
Fiscal Policy:
Government implements expansionary fiscal policies
Increase in government spending
Tax cuts or reductions
Infrastructure investments
Earnings Growth:
Strong corporate earnings growth
Increase in revenue and profitability
Positive guidance from companies
Beat of analyst estimates
Valuations:
Attractive valuations compared to historical averages
Low price-to-earnings ratio
High dividend yield
Undervalued stocks
Technical Indicators:
MACD line crosses above the signal line
RSI (14) falls below 30 and then rises back above it
50-period Moving Average (MA) crosses above the 200-period MA
Price closes above the 50-period MA
Bullish chart patterns, such as a head and shoulders or a inverse head and shoulders
Sentiment Analysis:
Bullish sentiment among traders and investors
Increase in long positions
Decrease in short positions
Put-call ratio falls below 1.0
Please note that this is a general analysis and not personalized investment advice. It's essential to consider your own risk tolerance and market analysis before making any investment decisions.
Take advantage of the target and get away 🎯 Swing Traders Please reserve the half amount of money and watch for the next dynamic level or order block breakout. Once it is resolved, we can go on to the next new target in our heist plan.
Keep in mind that these factors can change rapidly, and it's essential to stay up-to-date with market developments and adjust your analysis accordingly.
💖Supporting our robbery plan will enable us to effortlessly make and steal money 💰💵 Tell your friends, Colleagues and family to follow, like, and share. Boost the strength of our robbery team. Every day in this market make money with ease by using the Thief Trading Style.🏆💪🤝❤️🎉🚀
I'll see you soon with another heist plan, so stay tuned 🫂
US30/DJI morning analysisTechnical analysis for US30 (DJI).
Two bearish counts, both have corrective expanded flat for wave ii or b.
Price tagged .5 fib retracement from ATH to 5 August low, tagged median line target with reaction/profit taking seen last week.
There could be more upside towards ATH to complete the ((c)), but with these bearish counts suggesting either a zigzag or impulse down from ATH, 45105.1 should hold as hard resistance, and both these counts would be invalid with new ATH.
Risk/reward attractive for a short position, with ATH as stop.
US30The US30, also known as the Dow Jones Industrial Average (DJIA), is a stock market index that represents the performance of 30 large-cap companies listed on the New York Stock Exchange (NYSE) and the NASDAQ. These companies are leaders in their respective industries and are considered to be a representative sample of the US economy.
The US30 is a price-weighted index, meaning that the companies with higher stock prices have a greater influence on the index's value. The index is calculated and maintained by S&P Dow Jones Indices.
DX (US Dollar Index):
The US Dollar Index (DX or DXY) is a measure of the value of the United States dollar relative to a basket of six major currencies:
1. Euro (EUR)
2. Japanese Yen (JPY)
3. Pound Sterling (GBP)
4. Canadian Dollar (CAD)
5. Swedish Krona (SEK)
6. Swiss Franc (CHF)
The DXY is a weighted geometric mean of the dollar's value relative to these six currencies. The index is calculated and maintained by Intercontinental Exchange (ICE).
IMPORTANT INFORMATION FOR TRADERS;
Correlation between US30 and DXY:
The correlation between the US30 and DXY is generally negative, meaning that when the US dollar strengthens (DXY rises), the US30 tends to decline, and vice versa. This is because:
1. Export competitiveness: A stronger dollar makes US exports more expensive, which can negatively impact the earnings of US companies and, in turn, their stock prices.
2. Commodity prices: A stronger dollar can lead to lower commodity prices, which can negatively impact the earnings of companies in the commodity sector.
3. Interest rates: A stronger dollar can lead to higher interest rates, which can increase borrowing costs for companies and consumers, potentially negatively impacting economic growth and stock prices.
we need price to push into supply and we sell off us30
Anticipating a Reversal: A Scalper's Approach to US30The US30 is undeniably in a strong bullish trend, showcasing its momentum over the past sessions. However, as with any extended trend, there are moments where price action hints at potential pullbacks or reversals.
In the chart, we see that price has already broken a key support level, which signals a possible shift in market sentiment. This break introduces the probability of a directional change from a bullish bias to a bearish one. While the overall trend remains upward, this presents an intriguing opportunity for scalpers to capitalize on short-term movements.
The Setup
The Support Break
The recent break of support is a critical indicator that bears are attempting to gain some control. However, the market is still influenced by bullish momentum, making this a high-risk setup.
Supply Zone Target
The supply zone highlighted in the chart serves as a strategic entry point for a sell. If price revisits this zone, it could provide an excellent opportunity for a short position, anticipating further downside movement.
Risk Considerations
US30's Bullish Momentum: Even with a support break, US30 remains bullish overall, making this a counter-trend setup.
Scalper’s Mindset: The aim is not to hold positions for an extended period but to take advantage of short-term moves within the supply zone.
Final Thoughts
While this setup carries higher risks due to the prevailing bullish sentiment of the US30, it is a calculated opportunity for scalpers willing to play against the trend. Always ensure proper risk management, as counter-trend trades require discipline and quick decision-making. If the price fails to reject the supply zone and continues higher, it’s best to step aside and reassess.
What’s your plan for this setup? Let’s discuss below! 🚀
US30 Bullish After Retest Amid Policy UncertaintyFutures Dip Amid Trump Policy Uncertainty; Data and Earnings Awaited
U.S. stock index futures dipped on Friday, weighed down by uncertainty surrounding President Donald Trump’s trade policies. Investors are also awaiting key economic data and corporate earnings reports to gain insight into the state of the economy.
US30 Technical Analysis
The price is expected to retest 44400 before resuming its bullish trend. As long as the price trades above 44400, the bullish trend is likely to continue, targeting 44760.
Key Levels
Pivot Point: 44410
Resistance Levels: 44750, 44920, 45090
Support Levels: 44270, 44120, 43900
Trend Outlook
Retest: Likely at 44400
Bullish Trend: As long as the price remains above 44400
previous idea:
US30 Bullish Setup: Bounce from Channel SupportThe US30 (Dow Jones Industrial Average) is trading within a rising channel, indicating a bullish market structure. The price has recently bounced off the channel's lower boundary, which aligns with a key support zone around 42,000. This area has acted as a strong level where buyers regained control.
The overall trend remains bullish, as seen in the series of higher highs (HH) and higher lows (HL) within the channel. If the price forms bullish confirmation patterns, I anticipate an upward move targeting the 44,500 level.
Traders should watch for confirmation signals, such as strong bullish candlesticks or higher lows on lower time frames, before entering long positions.
US30/ BULL MUMENTUMThe price action currently shows bullish momentum, maintaining movement above the 44,090 support level. This sustained movement increases the likelihood of a bullish trend continuation toward the next key level of 44,470. If this level is broken decisively, with a clear 4-hour candle closure above it, the price will likely trade within the strong consolidation zone between 44,470 and the last resistance levels, targeting 45,090 and potentially 45,500 as upside objectives.
On the bearish side, a reversal scenario would require the price to fall and close a 4-hour candle below the critical zone of 44,090–43,770. Such a development would signal weakening bullish momentum and could open the path for further downside movement toward 43,360. If the price continues to decline, the next significant support level to watch would be the demand zone around 42,720–42,290.
US30 BEARISH SIGNAL FORMINGWhats up chat Degen Jake here with yet again another master piece i mean truly i have no clue how i come up with these things.... Lol (sarcasm).
So here we see a beautiful Dow Jones in all her glory already from the GET we know that everything that comes up so quickly like this will go back down quickly as well. We have a white trendline set into place because it does seem like its gonna continue on its bullish pathway. Perhaps after taking weekly liquidity (Highlighted by the blue horizontal ray), it will then want to go ahead and shake toward the downside. Either this or itll go ahead and catch some resistance at this level create a quick higher low and continue on its way up. FOMC on JAN 29 is expected to reduce bps leading in a bullish rally continuation. So, once more we sit patiently and wait to sell this market well be updating yall shortly on what we decide, but for now we speculate.
Sankara’s Brain: Why does Hegemony and Supremacy work? US30/DowTrumpian economics ushers the Neo Titanic era of late-stage capitalism. But are you really ready?
Blessings people. Are you well?
I'm just easing back into the site myself.
I've given you the most basic chart for your head tops!! You're welcome. It just illustrates my main direction today.
I entered the premarket with the hands-off (alerts only) approach and a wide stop.
Targeting 250 points of the US 3 to close out and historic week
I may also use a scalping strategy between the LSE and NYE opens
The pips are falling out of the sky. The bulls 🦬 can smell the blood. Even us bears 🐻can't resist the fresh meat in the woods this evening.
As the Fed looks to justify every reason slash rates and discount public spending it's truly a feast indeed.
As always on the menu is the working class, as the new deconstructionists claim their deck chairs on the reality TV show on Trump Neo-Titanic.
In short lads, just like the first time around - it's a good year to get rich. (Again)
Stay safe and profitable. ✊🏿
🔚
——————————
Important❗️:
Whether you agreed or disagreed with this content, hopefully, you found it useful. Please remember to like, comment and follow.
Let’s support each other to improve, learn and grow.
——————————
Disclaimer⛔️:
Please do NOT use my ideas as the basis for any financial investment.
This content is time, price and market sensitive and intended for educational purposes only.
-——————————
Bio 🅱️:
Charles Sankara
Day Trader
Why does hegemony andsupremacy work? Trumpian economics ushers…Why does hegemony and supremacy work? Trumpian economics ushers The Neo Titanic era of late-stage capitalism.
Blessings. Good? I’m just easing back into the site myself.
An easy basic plain chart for your head tops!! you’re welcome.
entered the premarket with the hands-off approach and a wide stop.
Targeting 250 points of the US 3 to close out and historic week
I may also use a scalping strategy between the LSE and NYE opens
The pips are falling out of the sky. The bulls 🦬can smell the blood. Even the bears 🐻 like me can't resist the fresh meat in the woods tonight.
As always on the menu is the working class, as the new deconstructionists position their chairs on the reality TV show Neo-Titanic.
It’s a good year to get rich.
Just enough to give bulls hopeWave C has retraced more than I was expecting, but it is just near the optimal range where Bulls are back into euphoria and Bears are afraid to short.
I am expecting to see a downward push soon, otherwise I have my clear invalidation level for this scenario. My overall downward target for this remains the peak made in COVID rally which i have shown in my previous weekly wave count of DOW.
US30 : Bullish Zone Stabilization with Key Correction LevelsUS30 Technical Analysis
The price has surged approximately 620 points ahead of Earnings Season and is still attempting to stabilize within the long-term bullish zone, as highlighted in our previous analysis.
Currently, a bearish correction toward 43900 is expected before the continuation of the uptrend.
However, if the price breaks above 44400, it is likely to push higher toward 44750 and potentially 44920.
Key Levels:
Pivot Point: 44270
Resistance Levels: 44400, 44750, 44920
Support Levels: 43900, 43760, 43350
Trend Outlook:
Bearish Correction while below 44400
Bullish Trend if the price breaks above 44400
Previous idea:
