NR14 Breakout on DOW US30A perfect textbook trading set up on DOW.
Price has been trading sideways after the strength candle formed on the 22nd Aug.
Price has now broken out of the range after 14 days of consolidation.
Pattern range is 1100 points and the target is 46845
Disclaimer: I am not a SEBI registered Analyst and this is not a trading advise. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions. Please consider my views only to get a different perspective (FOR or AGAINST your views). Please don't trade FNO based on my views. If you like my analysis and learnt something from it, please give a BOOST. Feel free to express your thoughts and questions in the comments section.
US30 trade ideas
Bearish Signal in Dow Jones: Will 45,000 Hold?Dow Jones Analysis – Bearish Signal Emerges
The Dow Jones Industrial Average (DJI) has shown signs of weakness over the past couple of sessions. On Tuesday, the index formed a shooting star candlestick pattern — a classic reversal signal that often indicates exhaustion in the uptrend.
Yesterday, the shooting star was confirmed by a follow-up bearish candle, which strengthens the case that a short-term top may be in place for the index. This suggests that buyers are losing control, and sellers are stepping in at higher levels.
Key Support Zone – 45,000
The immediate and crucial support for DJI is placed around 45,000, a level that has held strong in the past. However, the index is now testing this zone again, and the price action shows clear weakness.
Trend Breakdown Adds to Bearish Bias
Looking at the chart, the trendline support is also at risk of breaking. If the index fails to hold 45,000 decisively, this breakdown could open the door for deeper correction, leading to further downside targets in the short term.
Conclusion
Bearish pattern confirmed: Shooting star + follow-up candle.
45,000 is key support: A breakdown here confirms bearish momentum.
Short-term top likely: Weakness could extend further if supports fail.
📉 For now, traders should stay cautious on DJI until it either reclaims higher levels or establishes fresh support below.
Dow Jones Update – Short Entry After Red Zone Rejection✅🎯💥Following my previous Dow Jones analysis, price retested the red supply zone near 46,076 and was rejected. It then moved back below the previous high at 46,026, triggering my short entry on the M5 timeframe.
Trade Outcome:
Entry: 46,026 (confirmation after rejection on M5)
Target: Reached Risk/Reward level R2 with price dropping to 45,925 area.
This move confirms the strength of the descending trendline resistance and sellers holding control. Watching for further downside if 45,900 is broken.
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Dow Jones – Sell on Red Zone Rejection, Buy Above Gray Box✅✅If it confirms during the stock market session, we will trade the Dow Jones only during this time and as a scalper. According to the following scenario:
On the Dow Jones chart, my trading plan is based on two key zones:
Sell Scenario: If price retests the red zone (46,080–46,040) and gets rejected, I will enter a short position targeting 46,000 and lower levels. This setup is supported by the descending trendlines acting as resistance.
Buy Scenario: If price breaks above the gray box (46,240 zone) and confirms the breakout with a retest, I will enter a long position aiming for higher targets towards 46,280+.
Key Notes:
Trendlines indicate a bearish bias unless the upper box is broken.
Confirmation via candlestick rejection or breakout retest is essential before entry.
Dow Jones The Dow Jones is trading near 46,315, pushing toward strong weekly resistance around 47,250; a breakout above this level could set up a move toward the psychological 50,000 zone, while any rejection may trigger a pullback toward the key support areas around 42,000, with deeper cushions near 35,500 and 31,500, keeping the broader uptrend intact as long as price stays above those support zones.
Bullish SetupPrice is currently consolidating after a recent pullback and holding above the 45,700 zone, which is acting as short-term support. If the price sustains above this level, I expect bullish momentum to continue and price to retest the recent swing high near 46,137.
📈 View: Bullish
🎯 Target: 46,137
Dow Jones (DJI) – 4H Chart AnalysisMarket Structure:
Price grabbed liquidity (Liq) below recent lows.
A Market Structure Shift (MSS) occurred, confirming bullish intent.
Price rallied strongly after liquidity sweep, indicating smart money accumulation.
Entry Zone:
Entry placed near 45,305.93 (demand zone after MSS).
This aligns with bullish order block / demand zone where buyers previously stepped in.
Stop Loss:
SL at 44,566.45 (below liquidity sweep).
Protects against deeper liquidity hunts.
Target / Take Profit:
TP at 45,764.89 (recent swing high).
Clear liquidity resting above, providing a logical target.
Risk-to-Reward (RR):
Approx 1:2 RR (Risking ~740 points for a potential gain of ~460 points).
Good balance between safety and profitability.
Chart Analysis - Dow Jones (Breaking Important Resistance)The US30 index has successfully broken through an important resistance level today, which is a key technical development. This breakout suggests the potential beginning of a strong bullish trend, provided the index is able to sustain itself above the red zone. If it continues to hold above this zone, buyers will likely remain in control, paving the way for higher upside targets in the coming sessions.
However, if the index fails to stay above this red zone and falls back below it, the breakout will be considered a false breakout, which could lead to renewed selling pressure and possible downside movement. In short, the red zone is the make-or-break level that will decide whether the trend continues upward or reverses.
DOW JONES AT BIG BREAKOUTInverted Head and Shoulders Pattern Breakdown on Dow Jones (DJIA)
Trend Overview:
The Dow Jones has been in a downtrend before the formation of the Inverted Head and Shoulders pattern. The price shows clear signs of reversal after several months of decline, indicating a potential bullish trend.
Pattern Components:
Left Shoulder (October - December 2024):
The first major dip forms the Left Shoulder around 41,000 (Price Level), followed by a rise to 44,000, where the price peaks and starts to decline again.
Head (January - March 2025):
The price drops further, reaching a lower level of around 39,000 (Price Level), forming the Head. After this dip, the price rises again to approximately 44,000, reflecting a temporary recovery.
Right Shoulder (April - August 2025):
The price forms a higher low (around 41,500) and then rises again, signaling the formation of the Right Shoulder. The price again peaks near 44,500, but it does not drop as low as the Head, confirming the pattern.
Neckline:
The Neckline is drawn at the resistance level around 44,000 to 44,500. This is the level where the price peaks after the Left Shoulder, Head, and Right Shoulder formations.
Breakout and Confirmation:
Breakout Point:
The breakout occurs as the price rises above the Neckline, which is now being tested around 44,500. The breakout above this resistance level confirms the completion of the Inverted Head and Shoulders pattern and signals a bullish reversal.
Target Price:
The projected price target after the breakout can be calculated by measuring the vertical distance from the Head to the Neckline. If the distance is approximately 5,000 points, then the projected target after the breakout is around 50,000 for the Dow Jones.
Trading Strategy:
Entry Point:
A long position can be considered after the breakout above 44,500, with confirmation of strong momentum and volume.
Stop Loss:
A stop-loss order can be placed below the Right Shoulder, around 41,500, to limit potential losses in case the pattern fails to materialize.
Profit Target:
The first profit target would be around 50,000, derived from the distance between the Head and the Neckline.
Market Sentiment:
Bullish Reversal:
The Inverted Head and Shoulders pattern is a bullish reversal signal, indicating that the downtrend has likely ended and a new uptrend could be starting. Traders should be cautious of volatility but consider this as an opportunity to enter long positions.
Volume Confirmation:
The breakout should be accompanied by an increase in trading volume, as this indicates strong buying pressure and market conviction.
This chart setup for Dow Jones is a classic example of an Inverted Head and Shoulders pattern, offering a clear bullish signal. By monitoring the breakout level and using appropriate risk management, traders can position themselves to take advantage of potential upward movement in the index.
US30 Intraday View – Bullish MomentumUS30 is showing strong upward momentum and is expected to continue its bullish trend in the upcoming session. Based on current price action and technical indicators, I expect the index to move up towards the target of 44,753.
Resistance/Target: 44,753
Bias: Bullish
Timeframe: Intraday/till tomorrow
DOW JONES 30 on Weekly ATH Breakout ... Next 1 Year is BullishDOW JONES 30 on Weekly ATH Breakout ... Next 1 Year is going to be super Bullish.
All Good news will start flowing - Interests rate cuts / End of long ongoing Wars / Peace in World / GDP growth.
'Yahi samay hai, sahi samay hai...Bharat ka anmol samay hai': PM Modi recites thought-provoking poem on I-Day
Happy Investing.
US30 JUNE 20Happy Friday, I see that price is around my key area, the top of the trendline and on my Fib extension. Everything about this trade is telling me to sell. But at the end of the day price does what she wants. So be careful and wait for a break and retest of the key level or trendline before you get in. If you have any questions don't be afraid to ask. Have fun and trust yourself
US30 Potential Rebound from Key Support ZoneUS30 Potential Rebound from Key Support Zone 🚀📊
📉 Analysis Overview:
The US30 (Dow Jones Index) is currently testing a major support zone near the 41,800–41,900 range, a level that has held firm multiple times in the past (highlighted with green arrows and orange circles). This area has acted as a demand zone, leading to strong bullish reactions previously.
🔍 Key Technical Highlights:
🔸 Support Zone: Clearly respected at ~41,800. Price is once again bouncing here.
🔸 Resistance Zone: Around 43,250–43,500. This area has acted as a ceiling, where price struggled to break through.
🟢 Reversal Indicators: Multiple successful defenses of the support zone suggest accumulation and possible bullish reversal.
📈 Target Projection: If support holds, the price may rally toward the target zone near 43,496.4, as shown by the purple arrow.
📌 Conclusion:
As long as the 41,800 support holds, US30 shows bullish potential toward the 43,500 resistance. A break below this zone would invalidate the bullish scenario and shift focus back to the lower support near 41,250.
🛑 Risk Management Tip: Watch for confirmation candles and volume before entering long positions. Always set a stop-loss below the support zone.
US30 JUNE 18Price looking fine like lemon lime in the summertime. I am just going to follow the trendlines today. I'm either going to wait for a bounce to sell or buy or a break and retest through the trendline. And my take profit will just be the next key area.
I hope this helps. LMK is you don't understand.
Stay safe and have fun