US30 This is my first Trade of the week.
Dow Jones Industrial Average Index forum
US30 This is my first Trade of the week.
#US30 Zones ℹ️
Red Box = Sell Zone
Green Box = Buy Zone
US30
tradingview.com/x/hVgUhEdU
Red Box = Sell Zone
Green Box = Buy Zone
US30
tradingview.com/x/hVgUhEdU
US30 Switching to the 4-Hour, it is in Bearish (directional) Market Bias. The bearish drop had broken through the Bullish Trendline (in green dotted line), flipping the market bias from bullish to bearish.
A continued, bearish descent may be halted by the S&R Zone (that starts at 44,504). We'll see if there is a reversal to the upside from the Zone to retest the trendline, then back down again OR the bears break through the S&R Zone and head towards the Swing Low of 44,324 to breach.
A continued, bearish descent may be halted by the S&R Zone (that starts at 44,504). We'll see if there is a reversal to the upside from the Zone to retest the trendline, then back down again OR the bears break through the S&R Zone and head towards the Swing Low of 44,324 to breach.
US30 *For Swing Traders:
On the Daily, an Inside Day pattern formed along the S&R Zone. That means a market pause with no clear direction yet until there's a true (and not a false) breakout from either the pattern's high at 44,866 or low at 44,438 (shown as two orange lines). Currently, the market is Overbought.
Due to price action being Overbought, a retrace can be either shallow of down to it's mean (average) through Mean Reversion, currently priced at 43,378.
Also, the Doji within the bullish rally (highlighted in blue) reveals that there's indecision and exhaustion, so a reversal is coming.
Alternative Scenario:
If there's a breakout at the Inside Day's high, then the rally can continue to breach the Swing Highs of 45,050 and 45,065 for more profitable moves to the upside.
On the Daily, an Inside Day pattern formed along the S&R Zone. That means a market pause with no clear direction yet until there's a true (and not a false) breakout from either the pattern's high at 44,866 or low at 44,438 (shown as two orange lines). Currently, the market is Overbought.
Due to price action being Overbought, a retrace can be either shallow of down to it's mean (average) through Mean Reversion, currently priced at 43,378.
Also, the Doji within the bullish rally (highlighted in blue) reveals that there's indecision and exhaustion, so a reversal is coming.
Alternative Scenario:
If there's a breakout at the Inside Day's high, then the rally can continue to breach the Swing Highs of 45,050 and 45,065 for more profitable moves to the upside.
US30 trade i entered right before market close yesterday ended up hitting all TP’s
US30 44569...below 44486 means it could fall towards 44333-44233-43981-43555?
US30
2/2 Summary of Key Levels 📌
Daily & 4-Hour Support and Resistance
Daily Support Levels: 43,500, 43,000
Daily Resistance Levels: 44,000, 45,000
4-Hour Support Levels: 44,200, 44,000
4-Hour Resistance Levels: 44,800, 45,200
Exponential Moving Average (EMA) Levels
Daily EMA Levels:
EMA 50: 43,750
EMA 100: 43,900
EMA 200: 44,100
EMA 400: 44,300
4-Hour EMA Levels:
EMA 50: 44,400
EMA 100: 44,500
EMA 200: 44,600
EMA 400: 44,700
Weekly Pivots
Weekly Pivot Points:
Pivot: 44,300
Resistance 1: 44,800
Support 1: 43,800
Daily Pivots
Daily Pivot Points:
Pivot: 44,400
Resistance 1: 44,600
Support 1: 44,200
Fibonacci Retracement Levels
Fibonacci Levels:
23.6%: 42,476
38.2%: 42,892
50.0%: 43,127
61.8%: 43,563
Fundamental Analysis and Upcoming USD News 📅
As we look ahead, several important economic events could impact the US30 market. Key USD news to watch includes:
Non-Farm Payrolls (NFP): Scheduled for July 7, 2025, this report will provide insights into the U.S. job market and could significantly influence the USD's strength. A strong NFP report typically supports the USD, potentially leading to downward pressure on the US30. 📉
Consumer Price Index (CPI): Set for July 12, 2025, this inflation report will be crucial for understanding consumer spending trends. Higher inflation could prompt the Federal Reserve to adjust interest rates, impacting the USD and subsequently the US30 index. 📈
FOMC Meeting Minutes: Scheduled for July 13, 2025, the release of these minutes will provide insights into the Federal Reserve's monetary policy outlook, which can affect market sentiment and the USD's value.
These upcoming events are vital for traders to consider, as they can lead to increased volatility and potential trading opportunities in the US30 market.
Conclusion 📝
In summary, the US30 is currently positioned within a bullish trend, supported by key indicators such as Fibonacci levels, EMAs, and MACD. However, traders should remain cautious of potential reversals indicated by RSI divergence and monitor critical support and resistance levels. With upcoming USD news events on the horizon, maintaining awareness of fundamental factors will be essential for making informed trading decisions. By integrating both technical and fundamental analyses, traders can enhance their strategies and navigate the US30 market effectively.
2/2 Summary of Key Levels 📌
Daily & 4-Hour Support and Resistance
Daily Support Levels: 43,500, 43,000
Daily Resistance Levels: 44,000, 45,000
4-Hour Support Levels: 44,200, 44,000
4-Hour Resistance Levels: 44,800, 45,200
Exponential Moving Average (EMA) Levels
Daily EMA Levels:
EMA 50: 43,750
EMA 100: 43,900
EMA 200: 44,100
EMA 400: 44,300
4-Hour EMA Levels:
EMA 50: 44,400
EMA 100: 44,500
EMA 200: 44,600
EMA 400: 44,700
Weekly Pivots
Weekly Pivot Points:
Pivot: 44,300
Resistance 1: 44,800
Support 1: 43,800
Daily Pivots
Daily Pivot Points:
Pivot: 44,400
Resistance 1: 44,600
Support 1: 44,200
Fibonacci Retracement Levels
Fibonacci Levels:
23.6%: 42,476
38.2%: 42,892
50.0%: 43,127
61.8%: 43,563
Fundamental Analysis and Upcoming USD News 📅
As we look ahead, several important economic events could impact the US30 market. Key USD news to watch includes:
Non-Farm Payrolls (NFP): Scheduled for July 7, 2025, this report will provide insights into the U.S. job market and could significantly influence the USD's strength. A strong NFP report typically supports the USD, potentially leading to downward pressure on the US30. 📉
Consumer Price Index (CPI): Set for July 12, 2025, this inflation report will be crucial for understanding consumer spending trends. Higher inflation could prompt the Federal Reserve to adjust interest rates, impacting the USD and subsequently the US30 index. 📈
FOMC Meeting Minutes: Scheduled for July 13, 2025, the release of these minutes will provide insights into the Federal Reserve's monetary policy outlook, which can affect market sentiment and the USD's value.
These upcoming events are vital for traders to consider, as they can lead to increased volatility and potential trading opportunities in the US30 market.
Conclusion 📝
In summary, the US30 is currently positioned within a bullish trend, supported by key indicators such as Fibonacci levels, EMAs, and MACD. However, traders should remain cautious of potential reversals indicated by RSI divergence and monitor critical support and resistance levels. With upcoming USD news events on the horizon, maintaining awareness of fundamental factors will be essential for making informed trading decisions. By integrating both technical and fundamental analyses, traders can enhance their strategies and navigate the US30 market effectively.
US30
1/1 🟡 US30 Daily Market Analysis—July 4, 2025
Market Overview 📊
As of the latest market data, the US30 is trading at 44,566 USD. This analysis focuses on the daily and 4-hour time frames, utilizing various technical indicators to provide a comprehensive overview of the current market conditions. Key indicators such as Fibonacci Retracement Levels, Exponential Moving Averages (EMA), RSI divergence, support and resistance levels, order blocks, and MACD will be examined to offer insights into potential price movements.
Current Market Analysis 🔍
Support and Resistance Levels
Daily Time Frame:
Support Levels:
43,500: A significant support level where buying interest has been observed.
43,000: A psychological level that traders often watch for potential reversals.
Resistance Levels:
44,000: This level has acted as a resistance point, where sellers have previously entered the market.
45,000: A higher resistance level that may attract selling pressure.
4-Hour Time Frame:
Support Levels:
44,200: A minor support level that has held in recent trading sessions.
44,000: A key level where buying interest may emerge.
Resistance Levels:
44,800: A notable resistance level where price action has reversed in the past.
45,200: A higher resistance level that traders should monitor.
Fibonacci Retracement Levels 📏
Using the Fibonacci Retracement tool, the key levels from the recent swing high of 43,116 to the swing low of 41,737 provide critical insights:
23.6% Level: 42,476
38.2% Level: 42,892
50.0% Level: 43,127
61.8% Level: 43,563
These levels can act as potential reversal points, with the 61.8% retracement being particularly significant for traders looking for entries on pullbacks.
Exponential Moving Averages (EMA) 📈
Daily Time Frame:
EMA 50: 43,750
EMA 100: 43,900
EMA 200: 44,100
EMA 400: 44,300
The EMA levels indicate that the price is currently trading above the shorter-term EMAs (50 and 100), suggesting a bullish trend in the short to medium term.
4-Hour Time Frame:
EMA 50: 44,400
EMA 100: 44,500
EMA 200: 44,600
EMA 400: 44,700
On the 4-hour chart, the price is also above the 50 EMA, indicating continued bullish momentum. However, the proximity of the price to the EMA levels suggests that traders should remain cautious of potential pullbacks.
RSI Divergence 📉
The Relative Strength Index (RSI) is currently showing signs of divergence. While the price has reached new highs, the RSI has not confirmed this movement, indicating a potential weakening of momentum. This divergence suggests that traders should be vigilant for possible reversals or corrections, especially near the identified resistance levels.
Order Blocks 📦
Order blocks are areas where significant buying or selling has occurred, creating potential support or resistance zones. In the current market, the most notable order block is located near 44,200, where buying interest has been strong. Traders should monitor this area for potential reversals or continuations.
MACD Analysis 📊
The Moving Average Convergence Divergence (MACD) indicator is currently in a bullish phase, with the MACD line above the signal line. This alignment suggests that the bullish momentum may continue in the short term. However, traders should watch for any signs of convergence that could indicate a weakening trend.
1/1 🟡 US30 Daily Market Analysis—July 4, 2025
Market Overview 📊
As of the latest market data, the US30 is trading at 44,566 USD. This analysis focuses on the daily and 4-hour time frames, utilizing various technical indicators to provide a comprehensive overview of the current market conditions. Key indicators such as Fibonacci Retracement Levels, Exponential Moving Averages (EMA), RSI divergence, support and resistance levels, order blocks, and MACD will be examined to offer insights into potential price movements.
Current Market Analysis 🔍
Support and Resistance Levels
Daily Time Frame:
Support Levels:
43,500: A significant support level where buying interest has been observed.
43,000: A psychological level that traders often watch for potential reversals.
Resistance Levels:
44,000: This level has acted as a resistance point, where sellers have previously entered the market.
45,000: A higher resistance level that may attract selling pressure.
4-Hour Time Frame:
Support Levels:
44,200: A minor support level that has held in recent trading sessions.
44,000: A key level where buying interest may emerge.
Resistance Levels:
44,800: A notable resistance level where price action has reversed in the past.
45,200: A higher resistance level that traders should monitor.
Fibonacci Retracement Levels 📏
Using the Fibonacci Retracement tool, the key levels from the recent swing high of 43,116 to the swing low of 41,737 provide critical insights:
23.6% Level: 42,476
38.2% Level: 42,892
50.0% Level: 43,127
61.8% Level: 43,563
These levels can act as potential reversal points, with the 61.8% retracement being particularly significant for traders looking for entries on pullbacks.
Exponential Moving Averages (EMA) 📈
Daily Time Frame:
EMA 50: 43,750
EMA 100: 43,900
EMA 200: 44,100
EMA 400: 44,300
The EMA levels indicate that the price is currently trading above the shorter-term EMAs (50 and 100), suggesting a bullish trend in the short to medium term.
4-Hour Time Frame:
EMA 50: 44,400
EMA 100: 44,500
EMA 200: 44,600
EMA 400: 44,700
On the 4-hour chart, the price is also above the 50 EMA, indicating continued bullish momentum. However, the proximity of the price to the EMA levels suggests that traders should remain cautious of potential pullbacks.
RSI Divergence 📉
The Relative Strength Index (RSI) is currently showing signs of divergence. While the price has reached new highs, the RSI has not confirmed this movement, indicating a potential weakening of momentum. This divergence suggests that traders should be vigilant for possible reversals or corrections, especially near the identified resistance levels.
Order Blocks 📦
Order blocks are areas where significant buying or selling has occurred, creating potential support or resistance zones. In the current market, the most notable order block is located near 44,200, where buying interest has been strong. Traders should monitor this area for potential reversals or continuations.
MACD Analysis 📊
The Moving Average Convergence Divergence (MACD) indicator is currently in a bullish phase, with the MACD line above the signal line. This alignment suggests that the bullish momentum may continue in the short term. However, traders should watch for any signs of convergence that could indicate a weakening trend.
US30 44833 to 44500 cowjones fut book partially rest trailing stop loss
US30 what time future mkt will close? any idea