Dow Jones ready to break the support?it shows a good top formation on Dow Jones, exactly 161.8% external retracement, and strong daily candle close for the bearish. So i will go with the short and stop above the top. See you at the bottom! CHEERRRSS!Shortby steveivan2
US30 Went Exactly As We Predicted US30 never size to obey our analysis. We took and unimaginable profit from US30 today... Hold on for our signal on the next move.... Will it break the SbR or not. Stay tuned.by SwiftTradr7
Dow Jones - There Is A Lot More Upside!Dow Jones ( TVC:DJI ) is just starting the next bullish impulse: Click chart above to see the detailed analysis👆🏻 The Dow Jones is anything but bearish and over the past couple of months, value stocks in general have actually been outperforming growth stocks significantly. I do expect all time highs on basically all major indices and the Dow Jones might even head for the $50.000 mark next. Levels to watch: $50.000, $35.000 Keep your long term vision, Philip (BasicTrading)Long03:24by basictradingtvUpdated 121252
DOW JONES ahead of an huge rally based on the 2017 fractal.More than a year ago (September 13 2023, see chart below), we posted a long-term fractal comparison for Dow Jones (DJI) between the 2022 - 2025 and 2015 - 2018 periods: As you can see the 1W MA50/100 Bullish Cross eventually placed the index on a huge rally (even though it had to go lower for a month) that hit Target 1 at 42000. The 1W RSI and MACD sequences in 2024 however evolved in such a how that we have to re-adjust the patterns in order to fit the 2017 price action. The charts now display very symmetric fractals and it appears that we are now on a short-term consolidation (circle) after a +50% rise from the September 2022 bottom. In November 2017, that was the final consolidation before the most aggressive rally of the Bull Cycle that made Dow top and then pull back to test its 1W MA50 (blue trend-line). As a result, we move our final target even higher at 49300, which represents a +71% rise from the 2022 bottom, similar to the rise that priced the January 2018 High. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ 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. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇Longby TradingShot1117
US30- bias long Bullish indications: Major support respected. Bullish engulfer candle from support. Bullish divergence. Resistance broken at 42820 Expecting a retracement at 42791 Trend line resistance is broken. pair moved upwards above the MA Trade plan bias long @ 42796 SL:42703 TP1:42878 TP2:42950 Longby gouthamkulal13
US30 a posibile bullish reversalThe chart analysis suggests that the US30 is at a critical phase, with the price testing an important support zone. The possibilities at this point are: Probable Bearish Continuation: If the support at 42,700 fails, a continuation of the bearish movement is very likely, with targets toward 42,500 and 42,350. Short-term Rebound: If the price manages to hold the current support and break through the dynamic resistance, a rebound toward 43,037 and 43,280 could occur, although this option requires a significant increase in buying pressure.Longby Horazio2
US30US30 is in BULL trend with no divergence at TOP making HL After HH with 0.5-0.618 fib retracementLongby Trade_WithOsamaUpdated 115
US30 -Futures dip ahead of earnings-packed weekFutures dip ahead of earnings-packed week US30 Technical Analysis The price has recently reached a new high, and to confirm a continuation of the bullish trend, it must stabilize above 43,350, potentially targeting 43,630. However, if the price closes a 4-hour candle below 43,215, this would suggest a bearish reversal, with the next target being 42,920. Key Levels: Pivot Point: 43215 Resistance Levels: 43450, 43650, 43870 Support Levels: 43025, 42820, 42450 Trend Outlook: - Consolidation 43350 - 43215 - Bearish By stability below 43215 - Bullish by stability above 43350Shortby SroshMayiUpdated 8
Second Entry for US30 BuyGuys keep holding second entry and close when it gets to the first entry... You can hold some with BREAKEVEN. Enjoy mighty profitLongby SwiftTradr4
22-10 ProbelegUS30 10/22: US stock index futures fell Tuesday as a bond selloff pushed up Treasury yields, putting pressure on interest-rate-sensitive stocks as investors waited for a flurry of corporate earnings to provide clearer market direction. We initiated a sell at 42.77 but will not extend this any further for a while. The trend change is too early for a definitive adjustment.Shortby Probeleg2
DJIA H4 | Potential bullish reversalDJIA (US30) is falling towards a swing-low support and could potentially bounce off this level to climb higher. Buy entry is at 42,779.36 which is a swing-low support that aligns with the 38.2% Fibonacci retracement level. Stop loss is at 42,320.30 which is a level that lies underneath an overlap support and the 23.6% and 61.8% Fibonacci retracement levels. Take profit is at 43,369.56 which is a swing-high resistance at the all-time high. High Risk Investment Warning Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 64% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). 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 TFA Global Pte Ltd. The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.Long02:45by FXCM3313
DJI- Correction to 40k zone?Since mid-September, the Dow Jones Industrial Average ( TVC:DJI ) has resumed its upward trend, reaching new all-time highs. This recent rally reflects investor optimism and strong market momentum. However, despite this bullish movement, the rise appears to be contained within a rising wedge pattern, which can often indicate a potential reversal or the weakening of an uptrend. For traders and investors, a key confirmation of this potential correction would be a decisive drop below the 42,500-42,700 support zone. If the Dow30 breaks below this critical level, it could trigger a larger sell-off, possibly pushing the index down toward the 40,000 level—a significant psychological and technical support zone. While it’s still too early to confirm whether this correction will take place, it’s important to keep an eye on the price action around the 42,500-42,700 range. If the index fails to hold this zone, it could mark the end of the recent uptrend and the start of a broader market pullback. In summary, while the Dow30 has been reaching new heights, caution is warranted due to the rising wedge pattern and key support levels. If these signals confirm a correction, we may see the index retracing toward 40,000 in the near future. by Mihai_Iacob227
Another Buy Opportunity on the Dow / US30This is a simple but effective approach for me that I have been using to trade US30 for some time now. This is a top down analysis from weekly all the way to 15M. Everything is bullish so I will never be selling this pair. That's why I am looking for a dip or pullback of this pair going to my buy zones. I have 3 possible buy zones because we will never know where price will reverse. So I am setting my alerts on these zones for me to be ready once it triggers. I will update this idea again once price visited the zone for a possible 5M TF entry to get a better risk reward and targeting the All-time high or even higher if we get a very strong momentum since we have a red news later on New York session therefore we will have possible more volume coming in for this market. Longby ProfitWithVinceUpdated 7
US30: Seize the Opportunity - Buy Signal Active!US30: Seize this buying opportunity on the US30, as market conditions indicate a potential upward trend. The US30 is currently in a reversal phase, making it an ideal time to enter the market. Pay close attention to technical signals and indicators, as the US30 could soon experience a strong rise. Don't miss this buying opportunity on the US30 to maximize your gains.Longby abdelkader225
DOW JONES 1hour Channel Up on its bottom. Buy.Dow Jones / US30 is trading inside a Channel Up and the price hit its bottom today. By doing so it almost tested the 1hour MA200, which is holding since October 9th. Also it completed a decline identical in % terms with the first one of the pattern. This is a strong buy opportunity. Buy and target 43,450 (top of the Channel Up). Follow us, like the idea and leave a comment below!!Longby TheCryptagon12
US30 Idea ContinuationFrom last weeks sell idea, it seemed to respecty the consolidation area. With reaspect to the charting will be including wicks to ensure a larger more accurate supply/demand zone. Overall bullish with making more highs but expecting a mild consolidationShortby Dekab0
#US30 Time to Lock in ProfitsBased on the current Elliott wave count, it appears that the price is at or nearing the top of wave 5 on the daily timeframe. As a result, we might anticipate a price downturn, if not a full reversal. At this point, it would be prudent to lock in profits and prepare for a potential downward movement. Additional confluences, such as the occurrence of bearish divergence in two degrees, and appearance of rising wedge pattern in 4H timeframe, further support the possibility of a top formation.Shortby mohemati117
US30 short on retracement The Dow has been bullish for the past four weeks and a slight pullback to the 42728 psychological level is probable before it resumes to trend.Shortby JeffersonTrades1
DOW/US30 - GOOD TIME TO SHORTTeam, we are shorting the DOW at 43315-43345 STOP LOSS at 43465 target at 43265-55 target at 43195-83205 target at 43112-25 Once the Price hits the first target, BRING stop loss to BE. Ensure take 60-70% profit .Shortby ActiveTraderRoom1
Dow Jones (US30) - Elliott Wave Count5th wave seems to be finished as an ending diagonal. We can expect price to fall sharply anytime soon now.Shortby sikle1
US30 10/21/24💡 🔍 5hr time frame: Price is currently over extended. Bias: Neutral, waiting for price to correct into the 10/20emas.by angelvalentinx1
US30 SELL ANALYSIS DOUBLE TOP PATTERNHere on Us30 price form double top and try to go move down so if line 43065.7 break so there is a chance of moving more down so trader should look for SHORT with expected profit target of 42936.5 and 42777.4 . Use money managementShortby FrankFx14Updated 1