US30 BUY till TargetI think it will hit the target or beyond.
REASON Bullish
1. CHOCH area zone so bullish trend
2. FIB ZONE
3. RSI bullish
4. Order flow zone area
US30 trade ideas
What do DJI, SPX and NDX have in common?Well the obvious answer is that they are Major USA indices and they also share some of the big players as stocks which make up their composite Indices.
My answer the Question...
The beauty of Trading View is the ability to combine all sorts of aspects of trading information together, whether it be writing new scripts, combining indicators or in my case combing major indices together in Logarithmic view to get a new way of future price discovery (for SPX & NDX) by looking backwards or left at price structure on the next highest valued Indice.
As we know A.T.M all 3 Indices are at A.T.H's so at some point in the near future there will be a move higher into new price territory. The question then is where is the price target? Where is the next resistance level when there is no price structure to the left on that Indice?
What I noticed historically about these Indices is that past price structure (major highs and lows) from the higher valued Indice (Mostly DJI) is horizontally plotted forward into the future onto the lesser valued Indice. Like looking left historically at an instrument with a lot of data for support and resistance levels.
Obviously with DJI being the highest dollar value Indice and it also moving higher past its all time high at some point into unknown price territory, we will have to rely on its own price structure for support levels or Fibonacci levels for clues about were price will find resistance levels in the future.
On SPX and NDX though we have a different story. As these 2 Indices move higher into unknown price territory with no price structure of their own to the left looking back, we can use the past price structure of the higher dollar valued Indice (DJI) market highs and lows to assess future levels of resistance or to find future price targets.
With SPX we will be able to use NDX and also DJI to find future higher price targets and resistance.
With NDX we will be able to use DJI to find future higher price targets and resistance.
Some examples,
If you pull up these 3 indices on a line chart yourself you will find that with NDX and SPX the support levels for the Dotcom and GFC crash's were DJI's historical price structure levels from 1961-1981. $731-$965.
If you look at SPX the present high and previous equal high on 01/2022 you will find it is mirrored in price structure on NDX 2015-2016 period and that the 2000 Dotcom peak is acting as a support level $4380 for present SPX price structure. NDX 01/2022
If you go way back in time to the 1930's Great depression market crash you will find the Aug 1929 SPX high $32.50 was in fact a resistance level which became support level for DJI back in 1898 and 1903 respectively.
The major past Cycle Highs on the higher valued Indice prior to recession tend to be the resistance levels for for future highs on the lower valued Indices. Or resistance levels that were broken and became support on DJI became resistance dollar value levels for SPX and NDX.
It is obvious that vertically this 3 indices would show similar reactions to market shocks but I'm not quite sure why horizontally there are so many matching price support and resistance levels.
This is a Monthly Chart over a 130 year period so the levels are harder to see and not precisely dollar accurate but if you use a weekly or daily chart you will see the levels line up very well.
So, obviously in my head I'm wondering what the heck is happening here exactly?
Some of these older levels have played out over 50-60 years into the future on DJI to the SPX and NDX, more recently the time frame is reducing to around 10-20 years.
Fibonacci levels also work on this chart going from lowest value Indice at a recession low to next business cycle high on highest value Indice.
Maybe W.D Gann could explain this accurately for me....Like is there some sort of Fractal playing out here or do the Wall street crew already use this method or is it the madness of the crowd echoing forward through time unwittingly expressing human emotion into charts of financial greed and fear? Who knows? I'd like to hear Traders ideas about this phenomena.
BREAK-DOWN OF ANALYSIS ON US 30US30 broke 4hr time frame resistance level ,retested and have given a bullish confirmation with bullish engulfing candle. it also broke the 1hr time frame trend line ,made a retest and it is about to continue its bullish movement. we patiently wait for confirmation and see if it will align with our technical analysis.
US30 BUY WITH BUY-STOP ORDER!!!!!!US30 price sweep liquidity at the sell side liquidity price bounced and making its way to take out the buy side am looking to see this falling wedge pattern on 2h charts breakouts properly for a buy probably breakouts at 43,577 will be a buy stop order for buys and holding to the buyside from that zone
MY GOAL TARGET IS 44,501
Heading into 50% Fibonacci resistance?Dow Jones (US30) is rising towards the pivot and could drop to the 1st support which has been identified as an overlap support.
Pivot: 43,764.45
1st Support: 43,054.45
1st Resistance: 44,181.27
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TRADING MUSTER SIGNALStock traders may advise shareholders and help manage portfolios. Traders engage in buying and selling bonds, stocks, futures and shares in hedge funds. A stock trader also conducts extensive research and observation of how financial markets perform. This is accomplished through economic and microeconomic study; consequently, more advanced stock traders will delve into macroeconomics and industry specific technical analysis to track asset or corporate performance. Other duties of a stock trader include comparison of financial analysis to current and future regulation of his or her occupation.
DOW JONES - LONG GREEN ZONEStock traders may advise shareholders and help manage portfolios. Traders engage in buying and selling bonds, stocks, futures and shares in hedge funds. A stock trader also conducts extensive research and observation of how financial markets perform. This is accomplished through economic and microeconomic study; consequently, more advanced stock traders will delve into macroeconomics and industry specific technical analysis to track asset or corporate performance. Other duties of a stock trader include comparison of financial analysis to current and future regulation of his or her occupation.
US30 SellUsing previous 1H pull back for a sell position. With the current sells, mainly looking for a new entry
DJIDow Jones - DJI
Order Block
Completed " 12345 " Impulsive Waves
Break of Structure
RSI - Divergence
Bullish Channel as an Corrective Pattern in Long Time Frame
Key Levels and Trend Outlook for US30Technical Analysis
The price is currently trading within a range of 43,350 to 43,430.
A 1-hour or 4-hour candle close above 43,490 would confirm a bullish trend, with potential targets at 43,750 and 43,900.
Conversely, a break below 43,210 would signal a bearish trend, with the price likely to move toward 42,780.
Key Levels:
Pivot Point: 43350
Resistance Levels: 43490, 43750, 43900
Support Levels: 43210, 43050, 42970
Trend Outlook:
Bearish Under 43210
Bullish Above 43430
DOW JONES bouncing on the 4H MA200 and 0.5 Fibonacci.Dow Jones (DJI) found Support yesterday exactly on its 4H MA200 (red trend-line), after just a brief break of the 0.5 Fibonacci retracement level. The dominant pattern has been a Channel Up since the August 05 Low and within it, every 0.5 Fib test from the previous Low, has been the most effective buy entry as it started the new Bullish Leg.
The technical symmetry within this pattern is astounding as every Bullish Leg hit its 1.236 Fibonacci extension, completing a +8.30% rise. The ROC Higher Lows indicates that a rebound should be expected right now.
We haven't had a 1.236 Fib extension since the elections Low, so naturally take this 4H MA200 / 0.5 Fib bounce to buy if you haven't and target 45000 (also +8.30% rise).
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US30 - Bullish SetupOn 30m timeframe we can observe the bearish trend market structure was broken and currently is in choppy direction. If it breaks 43391 with a solid bullish candlestick pattern then a food buy stop setup can be placed. Trading this range 433391 - 42866 can be risky because there are not major support resistance levels standing between this range. Wait for confirmation above this level to enter the setup
TOP IS NOT IN YET (TOP COMING IN AT 46500 PRICE LEVEL) Betting on big for a major top coming in at 46500 price level. For time projections we highly anticipate 27th October 2025(weekly candle)+/- as a major timeline for a quick decline into the March 2026 cycle bottom.
Trade safe
US30 Bearish TrendDow Jones is making a series of lower highs and lower lows. If it tests the 42915 level we can see a sharp bearish trend until 41788. We have to wait and watch for a bearish candlestick pattern to confirm our sell stop zone and close below 42915 before entering this setup and seeing it getting validated
US30 - DTF UptrendUS30 is on its way to an uptrend and is expected to continue in an uptrend because of synchronized RSI divergence if it retraces and sustains its 41437 level with a confirmation that it doesn't close its weekly candle below 41437 then we can safely enter a buy limit trade. In case this setup gets invalidated and it breaks above 44633 with a strong bullish candlestick pattern it would be safe to enter a long position above 44633. A confluence on DTF confirms a strong bearish candlestick pattern indicating a good chance to retrace and test this 41437 level
US30 - Weeekly UptrendUS30 is on its way to an uptrend and is expected to continue in an uptrend because of synchronized RSI divergence if it retraces and sustains its 41437 level with a confirmation that it doesn't close its weekly candle below 41437 then we can safely enter a buy limit trade. In case this setup gets invalidated and it breaks above 44633 with a strong bullish candlestick pattern it would be safe to enter a long position above 44633
DJ30-DowJonesIt's been on a strong down trend and is still looking to be willing to tank even more. I have spotted a support zone here, and a huge tanking that breaches the zone. so I opened a short position for a tp2
DOW JONES: Bottom buy signal. Target 45,600.Dow Jones just turned neutral on its 1D technical outlook (RSI = 52.982, MACD = 339.670, ADX = 28.026) as it hit today the 4H MA200 after exactly 2 weeks. This is getting very close to the bottom of the 14 month Channel Up. Technically the last two HLs were formed when the 1D RSI double bottomed on the 30.00 oversold limit. Overall, this is a good enough buy opportunity to target yet another +6.80% bullish wave (TP = 45,600).
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US30 - Dow Jones Industrial Average Index Stocks showed mixed movement in late-morning trading as concerns over geopolitical tensions weighed on investor sentiment. At the same time, market participants were processing earnings reports from major retailers and awaiting Nvidia's (NVDA) results set to be released tomorrow.
The Dow Jones Industrial Average fell 0.3%, while the S&P 500 and Nasdaq Composite gained 0.1% and 0.4%, respectively, recovering from earlier declines. Both the S&P 500 and Nasdaq ended higher on Monday, as the market rebounded from losses experienced last week, which saw U.S. stocks endure their worst week in two months following the fade of a strong post-election rally. at current levels there is a buying opportunity presented purely based on my strategy. Had an earlier entry into this trade, which im using as leverage incase this market continues to dump, so please exercise caution when trading. My overall bias is still upside.
