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Dowjones

DJO, Dow Jones in a Triangle - Bullish Continuation expectedHey Guys, Yearly Chart is very Bullish - Broke above ATH and retesting it with this Q2 Candle. However the Monthly Chart Doji indicates a Balanced Market ahead into the start of Q3. A break above the highs would indicate a bullish progression - the Triangle could provide fuel for quite a large move - either up or down. Likely to be a move to the upside - given the higher TF Analysis. 37.800 and 42.000 are the Key Levels for the coming Quarter. Will we see another Quarter of Gains? Or a little pause Pre-Election with some Profittaking under way as well as a ABC Correction towards 35.500? Thanks for reading…
TVC:DJILong
by MeruEU
Us30 Incoming Buy setup!!Why i think US30 will have another leg up!! Look at the time horizon of the bigger picture we see clearly structure is being maintained to upside,on the Daily Timeframe!! As we break down to a lower timeframe, which gives us the direction of our potential move, we clearly see nice rejection on the 38.2 fib level also in confluence with the breakout which act as support now So if you combine the daily trend trajectory plus the H4 timeframe fib level, breakout retest. give us a nice risk to reward to upside H1 timeframe we see a nice buying momentum coming in!! Follow me for more simple breakdown!!
BLACKBULL:US30Long
by ShinForex1
US30 - 15m Buy scalpThe Dow Jones Industrial Average (US30) is currently on an upward trajectory, showing strong bullish momentum on the 15-minute chart. As it continues to rise, it is approaching a key resistance zone that has previously served as a turning point. Traders should watch this level closely, as the price may test and react to this resistance, potentially leading to a breakout or a consolidation phase. This anticipated rise towards the resistance zone signals a pivotal moment for US30's short-term direction, providing opportunities for strategic entries and exits based on price action around this area.
BLACKBULL:US30Long
by Sober_Trading
GOLD (XAU)US inflation eased less than expected in September to 8%, and underlying prices excluding food and energy prices accelerated to a new four decade high Core CPI gained at its highest annual pace in 40 years, rising 0.6% for the month and 6.6% for the year and Fed funds futures are now pricing in 75 bps in December, up from 50. Moreover, terminal rate expectations rose to 4.85% in March. As a consequence, the 10-year Treasury yield rallied to 4.080% while the 2-year yield was up to 4.535%. As measured by the DXY index, the US dollar dropped by 1% to almost 112.14 as risk sentiment returned to markets. At the time of writing, the DXY index is down by some 0.73% having fallen from a high of 113.92 to a low of 112.147 so far Gold close to very important support level 1550-1500 and If it break down then we go back 1450-1400 support zone 1300-1200 is a good buy and long zone , my short position at 1940 is still open Can bears break 1500 support zone?
TVC:GOLDShort
by moonypto
10
XAU/USD: Gold Update, Testing Key Levels, Potential for RecoveryBy analyzing the #gold chart on the 4-hour timeframe, we can see that after hitting the third target of $2337 from our last analysis, gold faced heavy selling pressure and failed to reach the subsequent targets. Following this, gold experienced a significant drop, correcting down to $2304, and has since seen renewed demand after gathering liquidity below this level. Currently, gold is trading around $2315. We need to see if the price can stay above this critical level for the next 8 hours. If the price falls below $2309 again, it will likely enter the $2200 range. However, if gold can stabilize above $2320, we might see it rise again to $2329. This analysis will be updated accordingly. Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban
OANDA:XAUUSD
by ArmanShabanTrading
1
Dow Jones Index (US30): Your Trading Plan For Today Dow Jones Index is testing, a recently broken key daily resistance. With a high probability, the broken structure turned into support. Our confirmation to buy will be a bullish breakout of a neckline of an ascending triangle formation on 1H time frame. Hourly candle close above 39185 will confirm the violation. A bullish continuation will be expected at least to 39325. ❤️Please, support my work with like, thank you!❤️
BLACKBULL:US30Long
by VasilyTrader
1
US30 Reaches Target, Eyes Key Support and Resistance LevelsTechnical Analysis: US30 The price has reached our target of 39360 after stabilizing above the previous support line at 39045. Current Outlook: The price may attempt a retest toward 39045 but should stabilize below 39400 and 39360. Bullish Scenario: For a bullish trend, the price needs to break above 39410, aiming for targets of 39575 and 39780. Bearish Scenario: Stability below 39360 will support a bearish trend toward 39230, and further decline to 39045. Key Levels: - Pivot Line: 39360 - 39410 - Resistance Levels: 39575, 39780, 40050 - Support Levels: 39230, 39045, 38790 Today's Expected Range: The price is expected to move between the support at 39045 and the resistance at 39575. previous idea:
OANDA:US30USDShort
by SroshMayi
1
DOWJONESDow Jones analysis 2 hour and daily time frame Dow Jones is near the 2-hour supply zone. After entering the zone, seeing the confirmation in the 15-minute time frame, we can enter sell positions with a stop just above the zone. If this area is lost, we will wait until it enters the daily supply area. If the ceiling of the daily supply area is touched, downward reversals give us the position of buying trades. to enter the daily latitude zone. If the 2-hour supply area is maintained, the first target of the midline trading range and the second target can be the 2-hour demand area, which is formed above the daily demand area.
TVC:DJIShort
by m0neyminer
US30 Technical Analysis and Trade Idea - Where To Next👉 Taking a close look at the US30 Dow Jones on the daily timeframe, we can see it’s in a bullish trend. It has reached a key resistance level, and while I’m interested in going long, I won't do so at the current level. Just below the current trading level, there’s a bullish imbalance on the 4-hour timeframe. I prefer waiting for a retracement to the 50-61.8% Fibonacci level for an ideal entry. In the video, we discuss the trend, market structure, price action, and other important aspects of technical analysis. Please note, the video is for educational purposes only and not financial advice. 📊✅
FOREXCOM:US30Long
by fxtraderanthony
DOW JONES - Completed Pattern. OANDA:US30USD While the OANDA:SPX500USD & OANDA:NAS100USD have been hitting new highs the DOW has struggled and has completed a Double ABCD Gartley pattern on friday and sold off into the close. Setting up potential downside targets of 38300, 37800 & to complete the bigger pattern @ around 37k. If we start heading lower on Monday then that could put the wheels in motion for the bigger correction. Big data out mid week will send it one way or the other. Enjoy the week. I will post shorter time frame areas to watch with potential intraday turns points.
OANDA:US30USDShort
by L_F
DOW JONES Ascending Triangle on its Bullish Leg.The Dow Jones Industrial Average Index (DJI) broke above the 4H MA200 (orange trend-line) again for the first time in a week, while holding the 4H MA50 (blue trend-line) as Support. The dominant pattern is an Ascending Triangle and the price action appears to be repeating the previous Leg. As you can see, following the bottom formation and accumulation (green Arc) on the Higher Lows trend-line, which followed the Bearish Leg in the form of a Channel Down, the previous Bullish Leg (dotted Channel Up) posted a strong rally, the 2nd phase of the structure, towards the Ascending Triangle's top at 40080 (Resistance 1) when it broke above the 4H MA200. As a result, we are bullish as long as the Asc. Triangle holds, targeting 40000 (just under Resistance 1, bottom of the red Zone). If however the price breaks below the Asc. Triangle (Higher Lows), we will take the loss on the buy and open a sell instead, targeting 37250 (Support 1). ------------------------------------------------------------------------------- ** 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. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CAPITALCOM:US30Long
by TradingShot
US30 - Watch Buy Zone!US30 is creating a really interesting pattern. We could be in an impulse/diagonal - Both of which follow similar rules. Wave 2 was a clear flat correction = 335, which broke out upwards of 23%! We are seeing a similar correction to wave 2 now. Typically wave 4 retraces atleast to the 38.2 fibonacci level. This is where we'll have our buy zone. We want to see 5 wave move down for subwave C (of wave 4). If all goes according to plan, we can draw an entry trendline using points 2 and 4 of subwave C to catch the 5th move higher. Should be an easy trade! Will update this setup if this gets enough engagement. Goodluck and as always, trade safe!
FX:US30
by WicktatorFX
1
Dow Jones US30 - Lets attack ATH again!Hi Again, Today I am sharing opportunity for long positions just before much anticipated FOMC meeting tonight. Call it a risky trade, but if longing US30 now is risky, what the hell are currencies, gold and especially, NASDAQ and SPX doing ?? The plan is to attack 39700 area and break ATH. Who said 40000 Dow Jones is the limit? Stop loss up to you. Safe stop loss is in 38400 area and lower due to nature of this structure they built. Long now and lets talk tomorrow :) Good luck and play safe!
CAPITALCOM:US30Long
by AdiVV
US30 Bullish Trend with Key Support at 38,790Technical Analysis: US30 The price trend for US30 is currently bullish, targeting 39,050 as long as it remains above 38,790. There is also the possibility of a price correction down to 38,790. Bullish Scenario: As long as the price trades above 38,790, it will likely push up to 39,050. Bearish Scenario: If the price breaks below the support level at 38,790, it could decline to 38,580. Sustained trading below this level may result in a further drop to 38,400. Key Levels: - Pivot Line: 38,790 - Resistance Levels: 39050, 39350, 39700 - Support Levels: 38580, 38400, 38290 Today's Expected Range: The price is expected to move between the support level at 38,790 and the resistance level at 39,050. In summary, maintaining a position above 38,790 supports a bullish outlook with higher resistance targets, while trading below this level indicates potential bearish movement towards lower support zones.
OANDA:US30USDLong
by SroshMayi
Optimal US30 Entry: Capitalizing on Weak USD Amid Soft InflationHello Traders, In today's trading session, we are closely monitoring the US30 (Dow Jones Industrial Average) for a potential buying opportunity around the 38200 zone. The Dow Jones is currently trading in an uptrend and is undergoing a correction phase, bringing it closer to the key support and resistance area at 38200. This level has historically acted as a significant pivot point, making it a strategic entry point for long positions. From a fundamental perspective, we are considering the negative correlation between the USD and the Dow Jones. The USD has been weakening following a series of soft inflation data. Yesterday's CPI report came in lower than expected, and the Federal Reserve adopted a dovish stance during the FOMC meeting, further easing monetary policy. Additionally, today's PPI data also came in softer than anticipated, reinforcing the trend of easing inflation. This series of soft inflation readings is expected to weigh heavily on the USD, as lower inflation reduces the need for aggressive monetary tightening by the Federal Reserve. A weaker USD is generally bullish for equities, including indices like the US30, as it enhances the appeal of US assets to foreign investors. Given these fundamental factors, the 38200 zone presents a decent support zone for the US30. Trade safely, Joe
BLACKBULL:US30Long
by JoeChampion
5