US30 - Potential Short Key Observations: 1. Fibonacci Levels: - The chart displays a Fibonacci retracement with key levels: - 0.5 (44,065) and 0.382 (43,828) are critical short-term support levels. - The 0.618 level (44,302) appears to act as resistance. 2. Bollinger Bands: - The price is near the lower Bollinger Band, which often suggests oversold conditions. However, this doesn't confirm a reversal unless supported by other indicators. 3. RSI: -The RSI is approaching oversold levels (below 30), indicating potential buyer interest soon. However, the RSI has not yet diverged, suggesting momentum still favors the downside. 4. Trend: -The overall trend is bearish, with lower highs and lower lows. The recent retracement to 44,302** and rejection indicates the continuation of selling pressure. Recommendations: Short-Selling Scenario (Preferred): - Rationale: The trend remains bearish, and the rejection at 44,302 confirms resistance. - Entry: Wait for price action near the 44,065level. If it breaks downward and retests, consider selling. - Take Profit: Aim for the 0.382 level (43,828) or 0.236 level (43,534) as targets. - Stop Loss: Set a stop above 44,302 to protect against a trend reversal. Buying Scenario (Riskier): - Rationale: If the price respects 43,828 or 43,534 and forms bullish candlestick patterns, you could consider a short-term buy for a retracement. - Entry: Look for a reversal signal at these levels (e.g., hammer or bullish engulfing candle). - Take Profit: Aim for a move toward 44,065 or 44,302. - Stop Loss: Set a tight stop just below 43,534 Conclusion: Currently, the trend is bearish, favoring a sell strategy unless strong reversal signals emerge at key support levels. Please keep in mind, do not risk more than 1% of your account. Please comment, like and share this idea. it will help a lot. Shortby NozukUpdated 4
US30 Broke another Support Level at 44000 - Over CorrectedUS30 is completely overcorrected with market manipulators going to liquidate buyers who think price is about to rise. If price continues to fall, look for there to be no support until 43362 which is way's away. If that happens there is a big opportunity to maintain short trades but it is very risky because US30 is completely over corrected and may go bullish at any moment. Keep an eye out for further selling for intraday opportunities. Long09:29by leslyjeanbaptiste1
Bullish trade idea on US30The bulls of Wall STREET are starting to take over , will start looking for buys once price gives us a breakout of the highlighted area . Share your thoughts in the coments section below!!!Longby Tshiamo_MokgasepeUpdated 4
US 30 Dropped Some but Ready To go Bullish for 7000+ Pips US30 is Currently at a resistance level and above the downward trendline which is good indication price wants to rise now. The last (4) 1 Hour candles have been bullish. Be careful here. The Market makers know we are waiting for the buy and will wait for more buys to be initiated before creating a long wick downward to liquidate the buyers. If there aren't enough buyers in the market they will likely consolidate here for some time before going up. For the best entry wait until price retests 44179 or 44355 for the safest entry. Good Luck to you and let me know your thoughts. Long06:39by leslyjeanbaptiste3
US30 - Once A Castle, Always A Castle!Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. πUS30 has been bullish , trading within the rising channel in blue. After rejecting the $45,000, has been in a correction phase and approaching the lower bound of the channel. Moreover, the zone marked in green is a strong structure. πΉ Thus, the highlighted blue circle is a strong area to look for buy setups as it is the intersection of the structure and lower trendline acting as non-horizontal support. π As per my trading style: As #US30 approaches the blue circle, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...) π Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~RichLongby TheSignalyst15
US30 / Bearish PressureTechnical Analysis The price dropped based on my previous analyses Today, US30 is expected to consolidate between 44270 and 43900 until a breakout occurs. The price has stabilized below the zone between 44,400 and 44,270, indicating a potential decline toward the 43,900 and 43,760 levels. A break below these levels would likely trigger a further drop toward the 43,350 level, However, before this decline, the price may undergo a correction toward the 44,270 level. Alternatively, if the correction continues toward the pivot level at 44,400 and successfully breaks it, the bullish momentum is likely to strengthen significantly. Key Levels: Pivot Point: 44270 Resistance Levels: 44410, 44590, 44750 Support Levels: 43900, 43760, 43490 Trend Outlook: Bearish MomentumShortby SroshMayi4
RR = 1.62 Buy idea bullish crab pattern + bullish ABCD Pattern + Strong bullish RSI divergence : potential reversal scenario PS never risk more than 2% of your capital per tradeLongby slim70
US30 BACK TO BULLISH?For the last 3 months (beginning of September) US30 has completed 3 gold zone Fibonacci setups, while making new highs shortly after. It is now at the 4th gold zone (.618-.5 give or take) and may be looking to reject anywhere in this realm and buy for ATH or possibly a new ATH. This would be the 4th consecutive gold zone fib setup in 3 months. With CPI matching the exact forecast and the Feds rate cuts more than likely awaiting to happen, this looks like a perfect time to buy here at this zone. A first TP would be ATH around 45,085 A second TP could possibly be a NEW ATH several hundred points above the previous (targets never seen before May be hard to pinpoint with an exact TP price) Nonetheless this looks like a solid trade idea. Thoughts?Longby FatherDomenic118
Dow Jones Breakout and Potential RetraceHey Traders, in today's trading session we are monitoring US30 for a selling opportunity around 44,900 zone, US30 was trading in an uptrend and successfully managed to break it out and currently is in a correction phase in which it is approaching the retrace area at 44,900 support and resistance area. Trade safe, Joe.Shortby JoeChampion1110
US30 1HIn continuation of the Dow Jones analysis, which you can view here and here , the market spent some time consolidating to complete orders. So far, we have seen a decline of approximately 800 points. There is a possibility of temporary buyer activity, but no clear signs of a bullish market are visible yet. For now, the target remains at 43,800, and I will observe how the market behaves next.Shortby GreyFX-NDS4
Be Careful Going Short on US30 Wait for Retest of 44156US30 is faking as if its going to sell. This may be the case however the likelihood that this pair is still falling is minimal. What we are seeing is market manipulation. They are going down to take the liquidity from the buyers in the market then going up. If this is the case, look to short only after a retest and ride it down to the next two support levels maximum. What do you think? Comment BelowLong05:34by leslyjeanbaptiste1
US30 Likely to consolidate for 24-72 Hours before Going BullishAs we pay attention for US30 to rise its important to remain patient. The market makers are likely to consolidate US30 at this point to hold both buyers and sellers into their trades before bouncing up for a great bullish trend. Look for price to break the current resistance level and wait for a retest of the zone 44351 followed by a big bullish move. Long02:51by leslyjeanbaptiste4
DOW JONES: Neutral 1D means buy opportunity.Dow Jones is neutral on its 1D technical outlook (RSI = 53.536, MACD = 330.150, ADX = 20.923) as it is on the bearish wave of the 4H Channel Up, towards the 4H MA200, which on November 19th priced the last HL. The 4H RSI got oversold and rebounded today above its MA period, which twice before has been a buy signal. We are going long here, aiming at the 1.382 Fibonacci extension (TP = 45,400). See how our prior idea has worked out: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##Longby InvestingScope11
US30 Breaks Bearish Trendline - Look for Big $$$ to go BullishUS30 has officially closed above the bearish trendline at 44300. Now we look for price to go above the current support line at 44350. Once that happens look for price to change trend and begin to go bullish for approximately 7000+ pips. Hope you are ready for the ride. Comment and let me know your thoughts below! Short05:21by leslyjeanbaptiste4
US30 SWING TRADE US30 has been on a bearish trendline that is likely to meet a weekly trendline that has been trending since August 2024Shortby alantaylor2151112
Acw us30 bullish case We see price making a new ath and heading towards 46000 in early 2025 Before experiencing a correction around Feb - March 2025Longby Alpha_Capital_Wealth2
"US30 / DJ30" Dow Jones Industrial Avg Index Market Heist PlanHola! Ola! My Dear Robbers / Money Makers & Losers, π€ π° This is our master plan to Heist "US30 / DJ30" Index Market based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal / Trap at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Entry π : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent / Nearest Low Point take entry should be in pullback. Stop Loss π : Recent Swing Low using 30 timeframe Attention for Scalpers : Focus to scalp only on Long side, If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money π°. Warning : Fundamental Analysis news π° ποΈ comes against our robbery plan. our plan will be ruined smash the Stop Loss π«π. Don't Enter the market at the news update. Loot and escape on the target π― Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. πSupport our Robbery plan we can easily make money & take money π°π΅ Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style. Stay tuned with me and see you again with another Heist Plan..... π« Longby Thief_TraderUpdated 7
DOW JONES 25-year Cycles show the clear picture you should know.Almost 8 months ago (April 12, see chart below), just when Dow Jones (DJI) was recovering from April's correction, we sent a clear message not to lose sight of the greater picture and to stay bullish: The reason was the index' clear cyclical pattern since the February 2009 bottom of the U.S. Housing Crisis. The index has grown by +17% since that analysis (from 38459 to 45080) and we can't see a reason not to complete the pattern and hit our 48850 Target, which is our projection for this Cycle's Top. On this updated chart is on the 1W time-frame, in contrast with April's which was on the 1M, we have added to key elements. The Channel Up that is dictating the pace of the Bull Cycle since the Feb 2009 bottom and the Fibonacci retracement levels, which show that after the Bull Cycle topped, the subsequent Bear Cycle corrected within the 0.236 - 0.382 Fibonacci Zone at least before the bottom was formed. In fact, all Cycles hit the 1M MA50 (blue trend-line) upon the Bear corrections and those didn't start before the 1W MA50 (red trend-line) was broken (1M candle close below). Our 48850 Target is technically the minimum estimate as that was the % rise of the previous one (Cycle 4), which was the least aggressive compared to others (Cycle 3 = +77.19%, Cycle 2 = +75.09%, Cycle 1 = +99.62%). If Cycle 5 peaks higher, we will draw the Fibonacci retracement levels from that top and re-adjust our expected 0.382 Fibonacci bottom for the Bear Cycle (or if the 1M MA50 gets hit first). As far as timing of the Cycle 5 Top is concerned, we expect that to be on December 2025 the earliest, again based on the Cycle with the minimum time length (Cycle 3), excluding Cycle 1 which was the most aggressive as it was the first after the U.S. Housing Crisis bottom. ------------------------------------------------------------------------------- ** Please LIKE π, FOLLOW β , SHARE π and COMMENT β if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- πΈπΈπΈπΈπΈπΈ π π π π π πLongby TradingShot4436
Us30 for buyso build long positions effectively in US30 (Dow Jones) after a pullback, it's important to align your strategy with the broader market context and use technical analysis to identify the right entry points. Hereβs a more detailed explanationLongby iraza5
US30 Is Bullish! Buy! Here is our detailed technical review for US30. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a key horizontal level 44,204.8. Considering the today's price action, probabilities will be high to see a movement to 45,600.0. P.S Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback. Like and subscribe and comment my ideas if you enjoy them!Longby SignalProvider226
Return to the upward trend!!As always, the mathematical model NDS has been used in developing this idea. π As you can see, the Dow Jones index π is expected to complete its final downward step around the 44152 region. Following this, it will likely head upward π to complete node F3 within F3, in line with the rules of fractal mathematics π, and ultimately reach its ALL-TIME HIGH once again πβ¨. Our expected targets are as follows: π―. π― first target = 44469 π―secend target = 44724 π―third target = 44900 π―FINAL TARGET = 45064 Longby Matin0094411