US WALL ST 30
US30 - POST NY SESSION ANALYSIS - 05032022Price today pushed down to around 33000 and kind of just hovered between there and 33300
Ranging market full of indecision pending tomorrow's FOMC Meeting.
Keep an eye on the news for interest rate decision and other news that can send this moving.
I anticipate price will continue in this range of 33000 - 33300 throughout Asian session and early London session tonight.
From there I think the bearish move will continue with news fueling this but we will see.
Have a good night!
US30 - PRE NY SESSION ANALYSIS - 05032022US30 - PRE NY SESSION ANALYSIS - 05032022
Definitely looking bearish still.
Looking for a retrace in price with signs of exhaustion on the M5, M15, M30, or even H1 to get into a sell on the continuation of the downward momentum with a stop above previous structure.
Happy Trading!
DOW JONES 📉📉📉Expecting bullish price action on DOW JONES after price takes out weekly lows liquidity + institutional figure 33000$ where a lot of stops loses where, we have a clear bullish momentum confirmation on the H4 and we should go bullish from there.
What do you think ? Comment below..
US30 - PRE NY SESSION ANALYSIS - 05012022Overall bias coming into the first trading day of the month is still definitely bearish.
I'm looking for price to retrace a bit before getting in on a sell order.
Patiently waiting for signs of exhaustion/reversal near previous structure highs on the lower TFs along with confluence around the 38.2 fib level drawn out which falls in a supply/demand zone.
Happy trading and see you post NY session!
US30 Prediction H1Here is my view for US30 on H1. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
US30USD YM1! DOW 2022 MAY 02 Week
US30USD YM1! DOW 2022 MAY 02 Week
If no exception, market will likely continue toward 32427-32167 Scenario1 extension
from last week's analysis.
Wait for price reaction.
Play scenarios mapped out:
1) Test of 34220 breakdown, and continue toward 32167-32427 region
2) 32167-32427: If level is broken and later market returns to this area,
and is supported, next may be an attempt for an upward move
3) Market not ready for downward move toward 32427, return to clear
demand between 34220 - 33081 region
Price reaction levels
Short on Test and Reject | Long on Test and Accept
36446 35750 35330
34945 34367 34220
33066 32492 32167
Weekly: Average volume down bar close at low = weakness
with some demand
Daily: Ave volume down bar closing at low = weakness
H4: High vol down bar closing off low = minor strength
Remember to like and follow if you find this useful.
Have a profitable week ahead.
US30 Following 2008 Crash PatternI was watching the patterns in 2008 crash, and how it might translate into today's situation.
Although there are quite some differences between the 2 events. We are having a "war" at this point, and hoping it doesn't escalate.
Pray for peace in Ukraine.
That aside. I have the image of the 2008 Weekly candle chart pasted for easy reference against the present market candles. If you look up my previous ideas, I have mentioned the same.
In 2008, it was a head and shoulders, a break of the neckline, a re-test of the neckline and a further dive down.
In the current market, it is not as obvious, but we are making a lower low, on the weekly today (although there is about 6 hours left 'till market closes for the week).
As with a couple of weeks prior, a strong rejection bearish candle (1) led to a fall in 4 consecutive weeks.
2 weeks ago, we had a strong rally but held barely under the close of the strong rejection bearish candle (1) shown in orange highlights.
With a couple more hours before market closes, I do expect that current momentum holds the candle bearish.
Next week, we'll see how the market reacts. Should another bear candle follow, I would anticipate for price to reach lower into a key demand area around 33200.
US30 Dow Jones Crash on MondayNice expanding cone to the downside.
Will likely crash through the week into the FOMC meeting.
US30 - POST NY SESSION ANALYSIS - 04292022What an end to the month :/
After my last post, price floated sideways for a couple hours then right after market open at 9:30AM EST price shot up and stopped me out @ 33875 then shot back down to my TP of 33400 and continued pushing down all the way to my previous TPs earlier in the week of 33200 and 32950
I have to say I'm a bit salty about this but I'm just going to add some pepper and keep it cooking.
In retrospect the 2 things I could have done differently here are:
1. Entered the trade during London session - this would have been the absolute optimal time to enter with a ridiculous risk to reward of 1:5 minimum but the only problem with that is I was asleep and usually am at 2AM. So this is probably not feasible to try and adjust much.
2. Once I was stopped out I could have looked for exhaustion and a sign of the bears coming back into the market on the M1 timeframe. I went down to the M5 and M15 after being stopped out but didn't see any big wicks or clear reversal patterns that indicated to me price was going to start dropping. This combined with a strong bullish close on the H1 off a possible 38.2 fib level on a bullish countertrend and I thought I should just let this one go, and I did :/
3. Once price dropped a bit I could have gotten back in albeit at a lower level but at an indication of exhaustion on the M15 which did occur. I was already checked out of the market by this point tbh and not in front of my trade station just tracking on mobile so I called it in for the week.
I learned some valuable lessons this week including the importance of documenting my trades in detail.
I feel that this platform gives me a good place to do this while also sharing my findings and journey with others who are also trying to find their way to consistent profits in this trading game.
With that, I hope to continue doing these pre and post NY market analysis videos for my own journaling and growth as a trader but I also hope that maybe you get some value along the way :)
Have a great weekend, take a break from the charts and refresh.
See you pre NY session on Monday!
US30 SHORT ???US30 has now come back to hit our OB on the 4H time frame - Can we see a lovely Continuation down to around the daily low ?
Its moving very smoothly right now.
Anyone else shorting ??
US30 - PRE NY SESSION ANALYSIS - 04292022Price pushed back up to approximately 34000 during Asian session and kinda floated sideways during early London session.
There was some nice exhaustion that formed around 2-3 AM which would have potentially made a good entry point but I wasn't awake for that :/
Price now appears to be pushing down retesting recent support of approximately 33800
As of now I'm staying out, I would like to see price push back up to this 34000 - 34200 level and show some signs of exhaustion/reversal before getting in to continue the larger overall bearish trend which I believe is still intact.
We'll see what happens today as this is the final trading day for the month.
See you after NY session!
Good luck!
US30 - POST NY SESSION ANALYSIS - 04282022Interesting movements today.
Price dropped from my entry of 33650 to about 32250
Did not reach my target of 33200 for a 1:4 risk to reward but I was trailing my stop along the way so I secured profits at 33400 when price started to retrace.
Had it not been for trailing my stop I would have gotten stopped out as after price entered that zone in the 33200s it pushed all the way back up to 33900+
The name of the game on this one was proper trade management without a doubt.
Closing out the week and the month tomorrow I still believe the overall bearish bias is still intact.
I am looking for price to push back up to about 34200 which is a previous level of structure and see if it begins to exhibit any signs of exhaustion or countertrend reversal.
If so I will be looking to get in around this 34200 weekly support and resistance level and continue riding the bearish momentum down to my previous target of 33200.
If price breaks above this level it may indicate the beginning of a reversal in the overall bias and possibly consider a short term buy position but that will all depend on the price action over the next few hours in Asian and early London sessions.
See you all pre NY session tomorrow.
Have a good night!
US30 - PRE NY SESSION ANALYSIS - 04282022As anticipated, price pushed back up during Asian and early London session to approximately the 33650 level which appears to be a strong resistance area and the previous structure from the past couple of days.
Price now appears to be reversing and continuing in the overall direction of the bias on larger timeframes which is still definitely bearish in my opinion.
I've entered at approximately 33655 and my TP1 is 33200 targeting the previous structure low from the last couple of days this week.
If it breaks past this TP1 area I will be trailing my stops and targeting 32925 as my TP2 and my TP3 on a larger more swing like trade will be 325925.
No real major US news today or tomorrow so hopefully should be smooth sailing following the volume and overall bearish market bias.
See you after NY Session today!
Happy Trading!
Dow Jones Prediction D1Here is my view for US30 on D1. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
US30 - POST NY SESSION ANALYSIS - 04272022Not too shabby :)
Price moved exactly as I predicted, dropping down to 33200 before getting pushed back up.
Then it bounced up and down between approximately 33600 and 33200 for the rest of the session.
On the daily we closed weak so I expect price to push back up from it's current level around 33400 retesting the previous highs of the last couple days before the larger overall bearish trend comes back into play.
We will see how the next few hour play out over Asian and early London session.
See you guys pre NY tomorrow!
Have a good night
US30 - PRE NY SESSION ANALYSIS - 04272022After yesterday's drop, price has pulled back to approximately 33600
Showing signs of exhaustion on M5, M15, M30, and H1
This is all occurring between the 38.2 - 50 FIB Levels combined with close proximity to a daily support/resistance level of 33579
I am going to be entering a sell order around 33625 with 100 point stop and targets of 33200, 32925, and 32593
US30 - POST NY SESSION ANALYSIS - 04262022Well that sucks :(
Price didn't come up to the roughly 34200 level that in which I would have been looking for an entry signal.
Instead price continued to drop after the last video I posted this morning around 6AM EST.
Price did go all the way to my projected target of the previous lowest low formed yesterday.
Will keep an eye out for the next potential move..
See you all tomorrow morning Pre NY Session.
Have a good night!
US30 Analysis - 04262022Price is pulling back to the 34000 area however I'm looking for an entry around 34200 roughly
I'm monitoring price to see if it will hit that area and form some sort of exhaustion and/or reversal pattern.
US30 SELLW&D time down trend. Small time correction's end.
I think I'll check the previous bottom again.
US30 Bias 04252022US30 Bias
After a nice drop at the end of last week, US30 is looking bearish in my opinion.
On the weekly and monthly timeframes it has broken below the support area that it has respected for the last few months.
On the lower timeframes we see a strong downtrend which has not yet pulled back to the 38.2 fib level or beyond.
I am anticipating for price to pull back to this area which also has confluence with a resistance level and zone.
