Possibility of correction It is expected that the upward trend will end in the current resistance range and we will see the beginning of the corrective trend. With the breaking of the resistance range, the continuation of the upward trend will be likelyShortby STPFOREX6
US30 / IT LOOKS A BULLISH SAFE AREAUS30 Technical Analysis: As previously noted, the price touched 42,030 and stabilized above it as expected. Today is likely to be a critical session, as a strong correction could potentially drive the price down to 41,770 or 41,565 by the condition closing 4h candle below that. However, stability above 42,030 would support a gradual bullish move towards 42250 and 42700. Key Levels: Pivot Point: 42030 Resistance Levels: 42,300, 42,450, 42,700 Support Levels: 41,770, 41,565, 41,340 Trend Outlook: Consolidation: 42000 - 42350 Bullish: Above 42,040 Bearish: Below 42,030 Previous idea: Longby SroshMayiUpdated 14
US30 View!!The Dow Jones Industrial Average stretched its record closing run Friday while the S&P 500 retreated from Thursday's all-time high as markets evaluated remarks by two Federal Reserve governors. The Dow rose 0.1% to 42,063.4, while the S&P 500 dropped 0.2% to 5,702.6. The Nasdaq Composite fell 0.4% to 17,948.3, Among sectors, utilities led the gainers, while industrials and materials saw the steepest declines. For the week, the Dow gained 1.6%, while the Nasdaq increased 1.5%. The S&P 500 added 1.4%.Longby FXBANkthe80552
US30USD Market DecisionThis index has being forming a rising flag for the past few weeks, and it has retested the upper trend line of the flag. Considering that this might be a strong indicator for a bearish momentum, we have to wait for the next candle stick to confirm our position since there is a doji candle stick, which indicates market indecision. My bias is the bullish momentum will continue if the next candle stick closes above the current one. A more detailed analysis will follow using a shorter time frame. by Vapari_Inc11
Deception!Another week and another rally based on hope, our trend line has been touched courtesy of the Fed's juicing, or should we say, their admission that the U.S economy is in sincere trouble. The big question now is, will it reverse down from here or one last and very final push to the next trend line, around 700 points or so... this one is 50/50. Most bears have thrown in the towel, that's what happens at tops... we can almost never get the absolute top, we position beforehand and let the data unfold to confirm. Our positions are manageable, don't over leverage, money management is critical, so is your mind set. A condition which is held by most people " Cognitive Dissonance", this condition allows them to defend their beliefs and the system, they fight to protect it, they are presented with information that contradicts deeply held beliefs, folks experience discomfort, instead of questioning the system, they reject the data to protect their ego and sense of security, 2020/21 was a classic example, this test allowed the masses to believe that for once they were on the winning side. People are still plugged into the system and will vehemently defend their views, even when presented with evidence suggesting that it's based on lies and corruption. The comfortable prison of the mind allows them structure and predictability, even at the cost of their freedom, you must question everything... peel back the layers and dismantle your societal programming before it's too late. The approaching collapse will be like no other, we were there in 2008, we talked and walked... most ignored until it was splattered. Wipe outs are coming, a controlled demolition which is all planned beforehand, that is where most stumble, they just cannot believe the agenda or truths of this world. Of course, there is tremendous opportunity in the coming calamity, those who recognise and act can come out much better, those who awaken from their conditioning can prosper... our advice is simple: get out of stocks and any notion of your pensions and property being protected from this hurricane, get into precious metals, the very close beginnings of this stock market rout will drag PM's down a bit, but then embark on huge upside potential. 2007-8 and every other period as far back as possible created the exact same conditions of fearing the truth, the party must go on. But facing the chaos of the real world is courageous and frees your mind to think beyond the veil... to tap into an awareness outside the prison mind and illusions... the system deceives and fools by design, to keep the masses dumbed down, some call you a conspiracy theorist, another term to ridicule those who critically think, they want and desire you dumbed down, they need you asleep to control you. Let's watch the show unfold! Appreciate a thumbs up, good trading and God Bless you all! Shortby Fractal777229
Continuation of Bull Market on US30The US30 turned its trend upwards in October 2022 and recently entered the secondary reaction phase. After that, it formed a classic buy pattern by making a higher low and failing to create a new low below point (1). It then established point (3) and created a high at point (2). Finally, when the price broke the high at point (2), it confirmed the continuation of the primary uptrend. by ARamanan114
US30 (Idea)Will be looking to start my scale in short position from here. why because we have hit liquidity and we will have to distribute that liquidity. aiming for a key zone. Please note this is not financial advice Happy trading IAMShortby MillionaireMind71711
US 30 Probability upcoming week We have seen bullish momentum in US30 triggered by fundamentals reaching all time high last week upcoming week is almost last week as we will have only one day in next to next week therefore the last high will be of more importance as we have more levels on upper side however as intraday or swing trader i have marked certain important levels on chart and will execute the trade only upon confirmation & daily closure of candles We have BOS & inducement with high volume candle which has swept the SSL therefore its low will be of vital importance will look for closure of candles on H4 & D and execute trade upon confirmation sell trades will be for scalp targeting 1:2 & buy trades will be of 1:3 however if we get market at marked level for buy can be hold targeting high of previous week. Note: Not a financial advice only for educational purpose Input will be appreciated by Awii_Khan3
US 30 OVERVIEW On monthly weekly & daily timeframe US30 has closing at high zone upward trend is still intact we have important news in coming week Job Data & NFP news of interest rate cut are circulating however as a swing trader or intra day trader we have to find valid entry points for buy & sell with 1:3 target few important points need to be kept in mind 1. US 30 has closed the monthly weekly candle above previous month week which indicates the trend is still bullish however it has closed the daily candle within range of previous day which is of significance importance. 2. On monthly time frame we have imbalance at 39780 level to 39590 level. 3. On weekly time frame 41180 to 40800 level is important & can be entry point all upon confirmation for 1:3. Now coming over to US30 chart 1. US30 has made double top swept the liquidity and we saw MSS however there was no expansion toward down side therefore we could not confirm sell entry. 2. We will monitor US30 on H4 and will see in New York session on Monday if US30 sweeps the buy side liquidity and closes below 41600 than we can see possible downward move toward the targets as shown on the chart. if it closes above 41600 level than will apply the same strategy at new top where we get consolidation with equal highs than BSL sweep & followed by MSS & expansion toward down side. 3. Than we have marked the possible buy entry for targeting ATH Note: Marking on the charts are for educational purpose only not an investment advice by Awii_KhanUpdated 9
Dow Jones Potential UpsidesHey Traders, in today's trading session we are monitoring US30 for a buying opportunity around 41800 zone, Dow Jones is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 41800 support and resistance area. Trade safe, Joe.Longby JoeChampion2216
TIME TO SHORT US30 AT 42192-42185We have setting up this trade for last 4 hours we been successfully short them earlier. First target will be at 42037, please ensure take profit 50% bring stop loss to BE then target further. to 41968.2 then target 3 at 41889Shortby ActiveTraderRoom4
US30 POTENTIAL SELL Trade Idea US30 Sell Opportunity US30 Timeframe 30-Min Entry 41990 Target 41950 Range 30-75 pips Stop Loss 42055 Rationale Price imbalance at 41990 indicates potential sell-off Risk-reward is favorable with a target of 30-75 pips and a 65-pip stop loss Execution 1 Sell at 41990 2 Close near 41950 3 Set stop loss at 42055 Shortby BluezFxTraders3
looking for shortsthis is the first analysis am publishing on US30..basing the analysis on the higher timeframe trend, made a higher high, pulled down now am waiting for it to come back for a bit of a retest,, that is when i'll short it.. only when it comes back to the zone.Shortby Trigger5501
US30 9/20/24💹 👁️ Outlook 30m Context Time Frame: Price is re-accumulating and surfing the emas 10/20 and expecting price to push higher towards that 30m hh Daly Bias: Bullish Keeping an eye on this. 👁️Longby angelvalentinx3
"Hindenburg's Omen" to predict a stock market crash."Hindenburg's Omen" to predict a stock market crash. "Hindenburg's Omen" is a technical indicator in financial analysis designed to predict a potential significant decline or a stock market crash. Here are the main things to remember about this indicator: Definition and origin Introduced by Jim Miekka in the 1990s. Named after the Hindenburg airship disaster in 1937, symbolizing an unexpected disaster. How it works - Hindenburg's Omen is triggered when several conditions are met simultaneously on a stock market: - A high number of stocks reaching both new highs and lows over 52 weeks (usually more than 2.2% of stocks). - The number of new highs must not exceed twice the number of new lows. - The stock index must be in an upward trend (positive 50-day or 10-week moving average). -The McClellan Oscillator (sentiment indicator) should be negative. Interpretation -When these conditions are met, the Omen suggests underlying market instability and an increased risk of a significant decline. -The signal remains active for 30 trading days. Reliability -The indicator has correctly signaled some historical crashes, such as the one in 1987. -However, its reliability is questionable as it also produces many false signals. Usage -Generally used in conjunction with other forms of technical analysis to confirm sell signals. Traders can use it to adjust their positions or as an alert for increased market monitoring. It is important to note that, like any technical indicator, the Hindenburg Omen is not infallible and should be used with caution, in conjunction with other analytical tools. In the following photos, a harmonic "BLACK SWAN" pattern was detected on the DOW JONES, announcing a stock market crash or a strong correction!Educationby Le-Loup-de-Zurich5
Possibility of uptrend It is expected that after some fluctuation and correction, the continuation of the upward trend will be formed. If the price crosses the red support zone, the downward trend is likely to continueLongby STPFOREX0