DJ30 trade ideas
Dow Jones Seems like Dow Jones has been finding resistance at the consolidation breakout target zone. If it fails to move above the recent high in the next few days chances are there it might correct over the short term.
DJI TRG 37900DJI trg 37900 and lower.
Expecting the price to fall to the lower angle. These angles are plotted based on some Gann techniques and work similar to support & resistance levels.
Dow Jones breakdown, this will also effect our market tomorrowDow Jones gave breakdown reason behind this can be CPI data, this will also effect our market tomorrow, next major support 37800/37100
#DJIDJI started itd new impulsive wave from 30 oct 2023 .
Now its currently in its 5th wave and also from time analysis it took 18 days in 5th wave . So from time prospective DJI will continue its bull run for minimum 3 days .
So apply buy on dips with SL 38200
BEARISHPotential selling opportunity on us30
Pay attention to price action and our
Technical analysis where we mark out
what we are looking for on price movement.
Let us know what you think in the comment section!
US30Greetings!
Welcome traders.
By choosing to "Follow", you can stay updated with the latest information promptly. Kindly consider clicking "Boost" as well.
Wishing you a pleasant day.
SELL DOW JONES DJISell dow jones index at around 38387 with an objective of 300 pips target, It is reversing from a key registance level currently. Out Tp is around 38120.
Dow jones US 30 ready for fall , avoid any buying On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
DJI : Head and Shoulder pattern is buildingFor educational purpose
A head and shoulders pattern has four components:
1. After long bullish trends, the price rises to a peak and subsequently declines to form a trough.
2. The price rises again to form a second high substantially above the initial peak and declines again.
3. The price rises a third time, but only to the first peak level, before declining again.
The neckline, drawn at the two troughs or peaks (inverse)
4. After breakdown the neckline with strong volume is the right sign of trend reversal for time duration in which this H&S pattern is building.
5. Check RSI in 1st Peak makes a high, but in 2nd makes lower high, in 3rd another lower high will confirm the trend is not in position sustain it's momentum.
Minimum target of this pattern is the distance between the neckline point to highest point of the Head (Peak) in a straight line in no. of points. the same point will be deducted from the point where this neckline breaks to downward.
DJI is in process of making Head & Shoulder Pattern in HOURLY timeframe
If DJI Break Down Below 38110 then it may touch below levels
Level 1 37650
Level 2 37150
All above assumptions goes wrong If DJI closes above 38555 then a very fast upside will be witnessed double upside.
DJI is showing Convergence IN RSI so it means very likely it may touch aforesaid levels
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
Dear traders, If you like my work then do not forget to hit like and follow me, and guy's let me know what do you think about this idea in comment box, i would be love to reply all of you guy's.
Thankyou.
US30 Hourly charts Suggest 3% upside in next 1-2 WeeksUS30 Hourly charts Suggest 3% upside in next 1-2 Weeks
Expect World Markets to Perform well for next 2 weeks based on US30 Bullishness & Breakout on NASDAQ.
Happy Investing.
US 30/ Dow Jones 1D Trade Setup - The US Index is currently trading on its All-Time High
- From a Trade Perspective, I would like to wait and watch out what the FED delivers in the FOMC statement
- The rate-cut bets are now fading away and making it look tough for traders that the FED will cut rates
- Inflation is currently sitting at 3.4%
- Cutting rates fundamentally doesn't look feasible as long as the FED doesn't achieve its target of 2%. We can see a mid-cool-off when FED achieves 2.5% once cut and maybe aggressive hikes post that along with some pause
- From a Trading Perspective, I would like to wait for a liquidity grab and then execute orders depending on the price action
- The inefficiencies currently look a little untapped, once the price taps it, I will start looking for longs
- DOL on this still needs to be tapped before you look for long
- Shorts on a scalp basis are preferable but don't swing short in a bull market
US30Greetings!
Welcome traders.
By choosing to "Follow", you can stay updated with the latest information promptly. Kindly consider clicking "Boost" as well.
Wishing you a pleasant day.
ShortEntry 37860-37900
SL-37962
T1-37810
T2-37726
.... Recommendation for paper trading only and educational purposes
Make your financial decision yourself 😜
Dow jones falling started we get 800 points on current upmoveOn Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
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.
DOW jones US 30 ready for big upside move On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Dow Jones - Time for Reversal?After rallying steep for about 10 weeks, Dow Jones currently trading at 37,400 levels.
Dow Jones is currently trading within a narrow range of 400 points between 37,300 & 37,700.
37,500-37,700 is now an important resistance zone & Dow Jones must break 37,700 to move further up.
On breaking and closing below 37,200 level, Dow Jones can test 36,200 and 35,500 levels.
Short position can be taken below 37,200 for targets 36,200 and 35,500 with SL 37,550.
US30 SETUPUS30 is around its all time high and it is forming a ascending triangle. we can plan a short if it breaks the support zone or plan a buy if it breaks the resistance .
US30 US30 on critical support, if it breaks its support of 37000 its next support will be around 36300 and 35700. Keep watching.
Breakout in Dow Jones Industrial Average (DJI)...Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
