Dow Futures Trading Levels and Strategy for 09th December 2024Dow Futures Trading Levels and Strategy
Market Context
Dow Futures is showing potential for a breakout, and this strategy focuses on confirmation by waiting for candle closures to minimize false signals. Adjust position sizing according to your risk tolerance.
Buy Setup
Entry:
Wait for a 15-minute candle to close above 44,900.
Place a buy order above the high of that candle.
Targets:
45,050
45,150
45,300
Stop Loss: Place a stop loss below the low of the breakout candle.
Sell Setup
Entry:
Wait for a 15-minute candle to close below 44,600.
Place a sell order below the low of that candle.
Targets:
44,450
44,300
44,100
Stop Loss: Place a stop loss above the high of the breakdown candle.
Market Context
Dow Futures is showing potential for a breakout, and this strategy focuses on confirmation by waiting for candle closures to minimize false signals. Adjust position sizing according to your risk tolerance.
Disclaimer
The above analysis is provided for educational purposes only and does not constitute financial or investment advice.
Trading in futures involves significant risks, including the loss of capital.
Always conduct your own research or consult with a certified financial professional before making trading decisions.
Use proper risk management, including stop-loss and position sizing, to safeguard your investments.
Dow30
Dow Futures Trading Strategy 05th December 2024Trading Strategy for Dow Futures:
Buy Strategy:
Entry Point: Enter a long position (buy) above the high of the candle that closes above 45230 on a one-hour timeframe. This means if a one-hour candle closes above 45230, you will buy once the price exceeds the high of that candle.
Stop Loss: Set a stop loss slightly below the low of the breakout candle to manage risk. For instance, if the breakout candle has a low of 45100, you might set your stop loss at 45090 to protect your capital.
Target: Determine your target based on historical resistance levels or a risk-reward ratio. For example, if you're risking 140 points (45230 to 45090), aim for a reward of at least 280 points (e.g., a target of 45510).
Sell Strategy:
Entry Point: Enter a short position (sell) below the low of the candle that closes below 44870 on a one-hour timeframe. This means if a one-hour candle closes below 44870, you will sell once the price drops below the low of that candle.
Stop Loss: Set a stop loss slightly above the high of the breakdown candle. For example, if the breakdown candle has a high of 45000, you might set your stop loss at 45010 to mitigate risk.
Target: Determine your target based on historical support levels or a risk-reward ratio. For example, if you're risking 140 points (44870 to 45010), aim for a reward of at least 280 points (e.g., a target of 44600).
Risk Management:
Use Stop Losses: Always use stop losses to protect your capital and limit potential losses.
Position Sizing: Never risk more than a small percentage (e.g., 1-2%) of your trading capital on a single trade.
Regular Review: Continuously monitor the market and adjust your strategy based on evolving conditions and new information.
Market Context:
Economic Indicators: Pay attention to key economic indicators such as employment data, GDP figures, and interest rate announcements that can impact Dow futures.
Geopolitical Events: Be aware of geopolitical events and developments that can cause significant market volatility.
Disclaimer:
Trading in financial markets involves substantial risk of loss and is not suitable for every investor. The strategies and opinions expressed are those of the author and do not necessarily reflect the views of Microsoft. Users should perform their own research and consult with a financial advisor before making trading decisions. Past performance is not indicative of future results.
Dow Trading Strategy for 28th November 2024Trade Strategy for Dow Futures
Buy: Enter a long position when the price moves above 45000 on a one-hour candle close.
Sell: Enter a short position when the price drops below 44780 on a one-hour candle close.
Current Price: 44879
Support and Resistance Levels
Support Levels:
44780: This is the first line of defense where the price might find support and potentially reverse upwards.
44500: If the price falls below 44780, 44500 acts as the next significant support level.
44000: This is a major psychological level that could provide strong support.
Resistance Levels:
45000: The initial barrier where the price might encounter resistance and potentially reverse downwards.
45200: If the price breaks above 45000, 45200 becomes the next key resistance level.
45500: This is a significant resistance level that could pose a challenge for further upward movement.
Disclaimer
Trading involves significant risk and it's important to do your own thorough research or consult with a professional financial advisor before making any investment decisions. The information provided here is for educational purposes only and should not be considered as financial advice. Always consider your risk tolerance and investment goals before engaging in trading activities.
Dow Futures Analysis FOR 21st November 2024Dow Futures Analysis (1-Hour Candle Close Strategy)
Current Level: 43,572
Buy Setup
Condition: Buy only if the price closes above 43,620 on a 1-hour candle.
Entry: Enter a buy trade when the next 1-hour candle breaks the high of the breakout candle.
Targets:
T1: 43,700 (short-term target).
T2: 43,820 (extended target).
Stop-Loss: Below the low of the breakout candle (depending on risk tolerance).
Sell Setup
Condition: Sell only if the price closes below 43,175 on a 1-hour candle.
Entry: Enter a sell trade when the next 1-hour candle breaks the low of the breakdown candle.
Targets:
T1: 43,050 (short-term target).
T2: 42,900 (extended target).
Stop-Loss: Above the high of the breakdown candle.
Risk Management
Risk only 1-2% of your trading capital per trade.
Position size should be adjusted based on the distance between entry and stop-loss.
Disclaimer:
This analysis is for educational and informational purposes only and should not be considered as financial advice. Trading in futures markets involves significant risk and is not suitable for all investors. There is no guarantee of profit, and losses can exceed your initial investment. Always perform your own research or consult a professional financial advisor before making trading decisions.
Dow Futures Trading Strategy for 18th November 2024DOW FUTURES TRADING STRATEGY
Buy Above: 43,675
If the Dow Futures price closes above 43,675 on a one-hour timeframe, it could signal a potential upward momentum. Consider entering a long (buy) position above this level, with appropriate stop-loss and profit-target levels.
Sell Below: 43,470
If the Dow Futures price closes below 43,470 on a one-hour timeframe, it might indicate bearish momentum. A short (sell) position could be considered below this level, ensuring proper risk management.
Current Value: 43,581
This strategy is based on key technical levels and requires confirmation with a one-hour close above or below the specified levels. Traders should employ proper stop-losses, position-sizing strategies, and trailing stops to manage risk effectively.
Disclaimer:
The information provided is for educational and informational purposes only and does not constitute financial advice or a recommendation to trade. Trading in financial instruments, including Dow Futures, involves significant risk of loss and is not suitable for all investors. Financial markets are inherently volatile and subject to unpredictable changes influenced by global economic, political, and market factors.
The price levels mentioned are based on technical analysis and are subject to change as market conditions evolve. There is no guarantee that the specified levels will result in successful trades. Before executing any trades, it is essential to perform thorough analysis and consult with a qualified financial advisor or professional.
You are solely responsible for your trading and investment decisions. Neither the author nor the publisher of this information assumes any liability for losses incurred. Ensure that you are trading with risk capital you can afford to lose and that your trading practices align with your financial goals and risk tolerance.
Past performance is not indicative of future results, and no strategy can guarantee profitability. Always practice disciplined risk management.
Dow Futures Trading Strategy for 14th November 2024Dow Futures Trading Strategy: Buy Above 44,300 / Sell Below 43,930
Current Price: 44,120.00 USD
Key Levels:
Buy Signal: If the price closes above 44,300 on the one-hour candle, it indicates a potential upward trend, suggesting a good time to consider buying.
Sell Signal: If the price closes below 43,930 on the one-hour candle, it suggests a potential downward trend, indicating it might be a good time to consider selling.
Market Analysis:
The current price is hovering around 44,120.00 USD, just below the buy signal level.
The market is showing signs of bullish momentum, but it's important to monitor the price closely, especially around the 44,100 to 44,200 levels, which could act as support or resistance.
Recommendations:
Buy: If the price sustains above 44,300 on the one-hour candle close, consider entering long positions. Book profit at regular intervals or use a trailing stop loss to protect your profit, with targets at 44,500 and 44,600.
Sell: If the price breaks below 43,930 on the one-hour candle close, consider short positions. Book profit at regular intervals or use a trailing stop loss to protect your profit, with targets at 43,800 and 43,700.
Disclaimer: This is only for educational purposes. You may do your own analysis before taking any trading decisions.
Dow Trading Strategy for 13th November 2024Dow Trading Strategy: Buy Above 44,300 / Sell Below 44,030
Current Price: 44,025.00 USD
Key Levels:
Buy Signal: If the price closes above 44,300 on the one-hour candle, it indicates a potential upward trend, suggesting a good time to consider buying.
Sell Signal: If the price closes below 44,030 on the one-hour candle, it suggests a potential downward trend, indicating it might be a good time to consider selling.
Market Analysis:
The current price is hovering around 44,025.00 USD, just below the sell signal level.
The market is showing signs of bearish momentum, but it's important to monitor the price closely, especially around the 44,000 to 44,100 levels, which could act as support or resistance.
Recommendations:
Buy: If the price sustains above 44,300 on the one-hour candle close, consider entering long positions. Book profit at regular intervals or use a trailing stop loss to protect your profit, with targets at 44,500 and 44,600.
Sell: If the price breaks below 44,030 on the one-hour candle close, consider short positions. Book profit at regular intervals or use a trailing stop loss to protect your profit, with targets at 43,900 and 43,800.
Disclaimer: This is only for educational purposes. You may do your own analysis before taking any trading decisions.
Dow Futures Trading Strategy 12th November 2024Dow Futures Trading Strategy: Buy Above 44,475 / Sell Below 44,260
Current Price: 44,388.00 USD
Key Levels:
Buy Signal: If the price closes above 44,475 on the one-hour candle, it indicates a potential upward trend, suggesting a good time to consider buying.
Sell Signal: If the price closes below 44,260 on the one-hour candle, it suggests a potential downward trend, indicating it might be a good time to consider selling.
Market Analysis:
The current price is hovering around 44,388.00 USD, just below the buy signal level.
The market is showing signs of bullish momentum, but it's important to monitor the price closely, especially around the 44,300 to 44,400 levels, which could act as support or resistance.
Recommendations:
Buy: If the price sustains above 44,475 on the one-hour candle close, consider entering long positions with targets at 44,600 and 44,700.
Sell: If the price breaks below 44,260 on the one-hour candle close, consider short positions with targets at 44,100 and 44,000.
Disclaimer: This is only for educational purposes. You may do your own analysis before taking any trading decisions.
A comparison of US Economy under Trump Vs Joe Biden PresidencyIt is debatable whether any sitting US President can exert much control over an economy that is as large and as complex as that of the U.S. But Stock Markets are a fair indicator of the overall state of the US economy based on investor sentiment in the markets.
So let's have a look at the various factors that affected how the Dow Jones (as an illustrative example) and the US economy in general fared under Trump Vs Biden-Harris.
1. The DJI gained an impressive approx +12337 points (+67.22%) during the Presidency of Donald Trump, whereas it gained an equally impressive +11,868 points (+38.70%) under Biden-Harris.
2. Yet, the markets stumbled in the Second year of each Presidency - due to COVID lock downs, rising interest rates, Government shutdowns, Trade friction with China (under Trump), and rise in Inflation and interest rates (under Biden).
3. Year-3 was best under each Presidency, with impressive returns and dividends partly driven by reduction in interest rates (under Trump), Billions of Dollars in Stimulus packages, and reopening of economy post COVID and burgeoning AI driven boom (under Biden) and also lowering of interest rates (late into Biden Presidency).
4. Americans enjoyed relatively low Inflation under Trump, whereas resurgence of Inflation has been the biggest problem of Biden-Harris administration. The COVID induced supply chain snarls, geopolitical pressures, unleashing of pent-up demand, all pushed prices sharply higher under Biden-Harris.
5. Inflation has since cooled, most supply chains have normalised, Aggressive Fed rates have helped bring down price growth, still Inflation has increased by +20% during Biden-Harris Presidency and Americans are grappling under it's debilitating effects.
6. The US economy added 6.8 million jobs in the first three years under Trump, it then lost 9.8 million jobs in 2020 producing a Net Loss in employment under Trump. The US added 16.4 million jobs under Biden-Harris.
7. Americans ability to spend is usually their view of the economy. It is no surprise that most Americans feel they did better under Trump, when although wages were lower, but so was Inflation, with average hourly earnings rising +6.4% under Trump. While a tight labour market brought significant wage growth for most Americans under Biden-Harris, high Inflation has restricted purchasing power. The REAL Inflation adjusted wage growth under Biden-Harris is only +1.4%.
8. Notwithstanding a strong job market and economy under Biden-Harris, consumers aren't pleased with economic the conditions. But the Biden-Harris administration inherited a country suffering from the COVID pandemic fallout and soon Inflation added to the woes. Considering these factors Biden-Harris has done a fair job of keeping it together despite the added presuure of global geopolitical challenges.
Even as the US markets are at All Time High levels, confidence in the trajectory of the economy is very low. The Gallup's Global Life Evaluation Index for US is registering low levels of confidence typically seen during recession.
So, which Presidential candidate Trump or Harris, do you think will be better for the US economy in General and US and global markets in particular?
Please let us know in the comments below.
And we will have to wait and see who wins the elections this time and how the markets react.
IS DOW GETTING READY FOR 2300 POINTS FALL?We have seen confirmation of the Head & Shoulders pattern in Dow and it couldn't go above the right shoulder. We may see Dow coming near to 31000 in coming sessions.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
#dow #us30 #djiTVC:DJI
Just for educational purpose.
******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.
US30 : NEAR UPPER CHANNEL RESISTANCE VIEW:
US30(DOW30) may show some reaction near upper channel zone as shown in the chart
I haven't delibertely labelled few wave counts...will update with wave counts as I get more clarity....
KEY NOTE:
Short term investors should be careful here @ this junture....
Dow Jones - Range BoundAs we are observing since weeks, this is moving in a range bound even federal and Trumph trying many ways to keep future full of optimism. Later move came from oil price again positive from destructed value. US -trump putting allegation on china and business war so on.
PS - One negative attitude or any bankruptcy will take away the this rally, keep caution while long. Sooner or later price will definitely move, but remember how much profit you expecting and what's your goal set for. Chose only those stocks/companies who have great vision and can establish good foundation. leadership quality can only participate in this pandemic.
Any of your views and remarks, welcome to participate.
Dow JonesDow is doing some range bounded trades. So to go upward it have to break resistance and if it goes downward it have good support at 25850 lvl, If it break this level it have another support at 25140. It can do make this range bounded trade till next week and then it will breakout.
Boeing cautious view for the next week!!!Yellow box: M formation is done. The last candle is a spinning top which indicates indecision in this counter. A break below 340 pinpoint may show us 330 levels. Another support is there at 324 where consolidation can be seen. If any bad news in BA other downside levels will open. This is my cautious view for the coming week.