Dow Jones Analysis, waiting for Confirmation of the TrendThe Dow Jones is trading within a Channel Pattern. Waiting for Confirmation of the Trend, whether it breakout above the channel or retraces to the bottom of the Channel.
US30 trade ideas
DJI- Intraday Levels - 4th Oct 2024 *Major Levels only*
If Sustain above 42016 or 42025 above this bullish then around 42196 above this more bullish
if Sustain Below 41847 or 41835 below this bearish then 41484 to 41475 below this more bearish then 41304 41295
Consider some buffer points in above levels.
Please do your due diligence before trading or investment.
**Disclaimer -
I am not a registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk.
Thank you.
US30 Short ideaTechnical Analysis:
Resistance Levels: The price of US30 has been testing a key resistance level, which aligns with a previous supply zone. This area has proven to be a tough barrier for the index, indicating that sellers are stepping in as the market approaches these levels.
Trendline: A descending trendline from the recent highs shows that the market is still respecting a bearish structure, further validating the potential for a downward move.
Fibonacci Retracement: Using the recent swing high and low, the price retraced to a 61.8% Fibonacci level, a common reversal area for sell setups.
Moving Averages: The price remains below the 50-period moving average on the 1-hour chart, signaling short-term bearish momentum.
Volume Profile: A spike in volume during the last test of the resistance indicates the possibility of aggressive selling.
Fundamental Factors:
Macroeconomic Data: Recent data such as NFP (Non-Farm Payrolls) and ISM reports have added volatility to the market, with investors seeking safer assets. Weak economic signals can trigger a sell-off in indices like US30.
Interest Rate Expectations: With the possibility of further rate hikes on the horizon, risk sentiment may shift towards a bearish tone for equity indices, including US30.
Key Levels to Watch:
Entry Point: Looking for a sell entry around the 42,230 resistance zone if the price confirms a reversal signal.
Stop Loss: Setting stop above the recent highs at 42,300 allowing room for minor fluctuations.
Take Profit: A conservative target could be the 42,050 support zone, where the market previously found buying interest.
Confirmation:
Watch for bearish candlestick patterns (e.g., engulfing or pin bar) and increased selling volume near resistance. If the price breaks below a recent consolidation zone with momentum, it could signal the continuation of a downward move.
This setup aims to capitalize on technical confluences aligning with potential bearish sentiment in the broader market context.
Personally risking 0.5% of my equity.
DJI- Intraday Levels - 1st oct 2024
If Sustain above 42313 above this bullish then 42393 to 42416 then 42552 to 42574 above this more bullish then 42710 to 42733 then 42869 to 42892 then ...
if Sustain Below 42257 or 42235 below this bearish then 42099 to 42063 or 42076 below this more bearish then 42020 to 41997 then 41940 to 41918 then ...
Consider some buffer points in above levels.
Please do your due diligence before trading or investment.
**Disclaimer -
I am not a registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk.
Thank you.
DJI TRG 40738DJI TRG 40738 . add shorts below 41859.
SL 42629 .
Probable trend change 1st Oct - mark H/L for further confirmation .
Look for updates
Dow jones US 30 ready for profit booking before US election Natural gas sell at 217-218 SL 224 Target 209, 205,195,184 , book profit on 184
Dow Jones In Supply ZoneDow Jones is in smart money supply zone right now on 30 mins timeframe.
Last demand resulted in 2145 pts rally.
Prev supply resulted in 1007 pts fall.
Will remain valid until new demand zone and when price is below supply zone (any time).
DJI // Levels // 1h"Welcome to SkyTradingZone "
Hello Everyone 👋
For the Dow Jones Industrial Average (DJI) on the 1-hour timeframe, here are the key levels:
Resistance Levels:
R1: 34,500
R2: 34,600
R3: 34,700
Support Levels:
S1: 34,300
S2: 34,200
S3: 34,100
DJI // Levels // 1 hour "Welcome to SkyTradingZone "
Hello Everyone 👋
Here are the current levels and analysis for Dow Jones Industrial Average (DJI) in a 1-hour time frame:
Current Price: 34,778.00
Resistance Levels:
34,900.00 (short-term resistance)
35,100.00 (medium-term resistance)
Support Levels:
34,650.00 (short-term support)
34,500.00 (medium-term support)
Analysis:
DJI is trading within a narrow range of 34,600.00 to 35,000.00.
The stock has been trending upwards in the past few days, but it's currently consolidating.
The short-term resistance level at 34,900.00 is a strong level that DJI needs to break above to continue its upward momentum.
"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!
US 30 SETUPUS 30 SELLING SETUP:-
1. we can see a selling setup if broke those levels
2. wait before taking trades
us30 trade idea , i'm waiting for conformation to trade us30 trade idea , i'm waiting for conformation to trade as i can see there is bearish candle in 4h timeframe thats why i prefer to trend change in bearish
Sell Dow jones U30 on rise panic selling start after rate cutDisclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
US30 // levels// 1H"Welcome to SkyTradingZone "
Hello Everyone 👋
Here are some key levels related to the US30 index:
Resistance Levels:
Immediate Resistance: 33,600-33,700
Medium-term Resistance: 34,000-34,200
Long-term Resistance: 34,500-35,000
Support Levels:
Immediate Support: 33,200-33,300
Medium-term Support: 32,800-32,900
Long-term Support: 32,400-32,500
US30 Support and Resistance level Resistance Levels: 34,500, 35,000, 35,500
Support Levels: 32,500, 32,000, 31,500
Trend Lines: The US30 has been trending upwards since the March 2020 crash, with a long-term trend line around 24,000
Fibonacci Levels: 23.6% retracement of the 2020-2022 rally is around 32,200, while the 38.2% level is around 33,700
Pivot Points: Daily pivot points: S1-32,650, R1-33,900, R2-35,150
Volatility Indicators: The US30 has been relatively volatile in recent months, with a standard deviation of around 300-400 points per day
Dow JonesDJI cmp 41530
from chart one can understand the expanding nature of the price movement
once the trend (my indicator) turns negative,
i am expecting price to touch 37500 levels in coming weeks or months..
Just a view!!
Vedang!
Discliamer: chart is for study purpose only!!
The current level of the Dow Jones Industrial The current level of the Dow Jones Industrial
Average (DJI) is: 30,606.48
Please note that stock market indices are highly
volatile and can fluctuate rapidly. This level may
have changed by the time you read this. If you'd
like to know the current level, I can update it for
you.
DJI Technical Analysis: Support and Resistance
Levels
Short-term (4-hour) Analysis:
US30 View!!“While inverting the curve sends a warning ~2y in advance of bad times, disinversion has been a more urgent signal, suggesting trouble is only a few months away,” JPMorgan analysts Thomas Salopek and Maggie Zhong said in a recent report.
However, “many are inclined to ignore this signal on the assumption that it’s different this time, as we will be cutting rates due to disinflation.”
US 30 Price Behaviour Analysis - Dow Jones is currently trading at 40,2584
- DOW showed us a major sell-off as well where all its major constituents getting slaughtered
- Dow still has a better price action when compared to SPX & NAS
- Dow is also waiting for the CPI print to be laid out and then only we will see a possible bounce back
US30 View!!Strong new order growth propelled India's service sector into the expansion zone for the 37th-straight month, S&P Global reported on Wednesday.
The seasonally adjusted India services purchasing managers index (PMI) posted at 60.9 in August, up from 60.3 in July and rising further above the 50-marker that separates growth from expansion, reported S&P Global, citing its monthly survey.
The service-sector expansion in August "was largely fueled by an increase in new orders, particularly domestic orders," reported S&P Global.
Survey results indicated "Finance and insurance as the best-performing area of India's service economy regarding both output and new business," added S&P Global
#DOWJONES ANALYSIS #US30Inverse H&S on Daily Chart breakout & retest complete. Shoulder tgt already achieved. Levels are marked on chart.
Huge breakoutA clear inverse head and shoulders breakout has occurred on the weekly timeframe. Strong volumes are supporting the breakout as well. Expecting a significant rally from here.
