US30 🧭 TRADE PLAN OVERVIEW 🟢 Market Bias: Bullish Plan Buyers remain in control Structure still favors upside continuation Momentum intact, but late-stage rally behavior visible
🎯 Entry Strategy: YOU CAN ENTER AT ANY PRICE LEVEL Suitable for scaling, pullbacks, or continuation entries Position sizing & risk control is mandatory
🛑 Stop Loss (Reference Only): Thief SL @ 48,200 Adjust SL based on your risk appetite, timeframe, and account size
⚠️ Risk Note: Dear Ladies & Gentlemen (Thief OG’s), this SL is NOT mandatory. You are fully responsible for managing your own risk and capital.
🎯 PROFIT ZONE / EXIT LOGIC 🚧 Target Area: 49,500
Why this zone matters: 🚔 Police barricade = strong resistance 📈 Market entering overbought territory High probability of liquidity traps & fake continuation 🔄 Correction risk increases near this level
💡 Strategy Tip: This is a profit-booking zone, not a blind buy area Trail profits or scale out smartly
⚠️ TP Disclaimer: Dear Ladies & Gentlemen (Thief OG’s), this TP is NOT compulsory. Protect profits according to your own trading plan.
🔗 RELATED MARKETS TO WATCH (CORRELATION)
💵 DXY – U.S. Dollar Index Strong USD can cap upside in US30 Weak USD often supports equity continuation
📈 US500 (S&P 500) Leads broader U.S. equity sentiment Strength confirmation = bullish continuation for US30
🧠 NAS100 (NASDAQ 100) Risk-on appetite gauge Tech weakness while US30 rises may signal divergence
💰 US10Y Bond Yields Rising yields = pressure on equities Falling yields = supportive for index expansion
🟡 XAU/USD (Gold) Strong gold + strong US30 may indicate late-cycle risk Gold strength alone can warn of upcoming correction
🌍 FUNDAMENTAL & ECONOMIC FACTORS TO MONITOR
📌 Federal Reserve Outlook Rate cut expectations = bullish for equities Hawkish tone = volatility & pullbacks likely
📌 U.S. Inflation Data (CPI / PCE) Cooling inflation supports upside momentum Surprise spikes can trigger sharp corrections
📌 U.S. Labor Data (NFP / Jobless Claims) Strong labor = mixed impact (growth vs. rate fears) Weak labor = rate cut optimism but risk sentiment volatility
📌 Corporate Earnings Cycle Dow components earnings drive directional conviction Misses near resistance often trigger profit-taking
📌 Geopolitical & Macro Risk Risk-off headlines can accelerate corrections near highs
DJI Key Macro Economic Indicators Interest Rates: Federal funds rate target range maintained at 3.50%-3.75% following the latest adjustment. Inflation Rates: Most recent CPI data indicates an annual rate of 2.7%, showing continued cooling trends. Economic Growth: Third quarter GDP expanded at an annualized 4.3% rate, highlighting resilient activity. Jobs Market: Unemployment rate holds at 4.6% based on the latest available reading, with labor conditions stable but monitored closely.
Fundamental Factors - Latest & Upcoming Recent robust growth figures support ongoing corporate earnings resilience. Policy remains data-dependent with emphasis on employment and price stability balance. Holiday period coincides with historical seasonal uplift patterns in equities. Major catalysts remain limited today, with focus shifting to early 2026 data releases.
Investor Mood & Sentiment Outlook Fear & Greed Index currently registers at 59, indicating Greed territory and optimistic positioning. Retail participation active in year-end flows alongside measured institutional rebalancing. Overall sentiment leans constructive with typical holiday caution due to reduced volume.
Asset Correlations Standard inverse relationship with Treasury yields persists in recent trading. Gold maintains independent strength amid broader risk-on environment. Oil prices remain supportive for select industrial components.
Overall Market Outlook Score Bull (Long) - Positive holiday session momentum combines with resilient macro data and prevailing greed sentiment in the current low-volume setting.
US30 Switching to the 8-Hour, the bulls can rise more towards the Swing High of 48,868. If they can't reach or breach that level, then back down it goes.
A Popgun pattern showed up, which means we'll see 3 swings that move like a See-Saw.
Here's the sequence of the swings: Up-Down-Up. The first move Up has started. After the bull run is over, we'll see a pivot for the bears to swing Down.
The market is closing early today, so the Popgun swings are likely to continue when the market opens again, after Christmas.
*Side Note: When the Popgun pattern shows up on the 8-Hour timeframe, the swings are much longer.
US30 Be Careful: On the Hourly, the market bias flipped to Neutral from the tall bullish candle being tethered to the Bullish Trendline (in green dotted line).
Price action can rise up - above the trendline to be in Bullish Market Bias and move towards the S&R Zone that begins at 48,674 OR the bears can show up to cross the trendline and move to its right, flipping the market bias from neutral to bearish.
DJI 📌 EDUCATION #211 – JOURNALING BUILDS SKILL
