DOW JONES Inverse Head and Shoulders close to a bullish breakoutDow Jones (DJI) has completed an Inverse Head and Shoulders (IH&S) pattern, having formed the Right Shoulder supported by the 1D MA50 (blue trend-line).
The price is now slowly rising to test the upper neckline and if broken, expect a strong movement upwards. Technically, such patterns target their 2.0 Fibonacci extensions. The current one is at 49200 and that's our long-term Target. If you seek lower risk, you may target the 1.5 Fib extension.
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DOW trade ideas
US30 Near Critical Resistance! | Dow Jones Technical Outlook The Dow Jones is showing clear consolidation just below a major resistance level of 42,813 after a strong bullish rally earlier this month. Price action has been relatively choppy but continues to respect support zones and the rising trendline, suggesting a larger move is brewing.
🔹 Resistance:
42,813 (currently being tested – critical breakout zone)
Watch for candle closes above this level
🔹 Support Levels:
42,403.07 (mid-level pivot, acting as short-term support)
41,756.71 (key structural support)
Rising trendline (dynamic support zone into mid-June)
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🔥 What the Chart Tells Us:
✅ Price is compressing near resistance with higher lows
✅ Strong demand around 42,262 and 42,292 zones
✅ Upcoming U.S. economic events (circled) could be the catalyst
✅ Volume and volatility expected to increase
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💡 Possible Trading Scenarios:
📈 Bullish Breakout Setup:
A 4H candle close above 42,813 could trigger a momentum breakout, potentially targeting 43,000+.
📉 Bearish Rejection Setup:
Failure to break above may send price back to 42,400, and if broken, down to test 41,756 or the trendline.
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📅 Upcoming U.S. Economic Data:
🟣 Marked on chart – keep your eyes on June 11, 12, and 13 for high-impact announcements!
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📌 My Personal Bias:
Watching for a clean breakout with strong volume confirmation above 42,813. Patience is key here!
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💬 What do YOU think?
Will the bulls break through or are we setting up for a pullback?
📝 Drop your analysis or setups below — Let’s grow together!
👍 Like & 🔔 Follow @FrankFx14 for more market updates!
#US30 #DowJones #TechnicalAnalysis #TradingView #FrankFx14 #SupportAndResistance #BreakoutTrading #PriceAction #Forex #Indices #StockMarketAnalysis
Dow Jones Struggles to Reach 43,000 PointsThe Dow Jones has gained more than 1% over the last three trading sessions and is now attempting to consistently reach price levels not seen since March of this year. The bullish bias has remained steady as investor confidence has recovered, driven by ongoing economic negotiations between the United States and China. The potential easing of trade tensions has helped stabilize market sentiment in the short term, and if this trend continues positively, consistent buying pressure could emerge in the index's movements over the near term.
Sustained Uptrend
Since early April, the Dow Jones has maintained a steady upward trend, and so far, selling corrections have been insufficient to break that trend. However, price action continues to face resistance at the trendline, and if this ongoing neutrality persists, the trendline could come under pressure in the coming sessions.
MACD
The MACD histogram continues to oscillate very close to the neutral 0 line, indicating that momentum between the moving averages remains balanced. As long as this behavior persists, the current neutral tone could become even more pronounced in upcoming sessions.
ADX
The ADX line remains below the neutral 20 level in the short term, signaling that average volatility has been steadily decreasing over the past sessions. This has further intensified the market’s neutral tone near the current resistance zone where the price is trading.
Key Levels:
42,700 points: Current resistance zone, aligned with the recent multi-week highs. This level could become the base for a broader short-term consolidation.
43,800 points: A level not seen since February of this year. A return to this area could reinforce the bullish bias and support a more sustained upward trend.
41,000 points: A critical support level that coincides with the 200-day simple moving average. A move toward this level on the downside could threaten the current bullish structure.
Written by Julian Pineda, CFA – Market Analyst
US30: The Next Big Move? Bullish Breakout or Bearish DropUS30 Intraday Setup
Technical Outlook — 10 June, 2025
Market Context:
The Dow Jones (DJI) is currently consolidating around 42,730, hovering near the "Previous Day High" after several attempts to break higher. Price action is forming a potential ascending triangle or a tight range, suggesting a crucial decision point for the intraday trend. The market is showing indecision at key resistance.
Key Levels & Trade Plan:
Resistance:
Immediate: ~$42,890 - $42,950 (Previous Day High / Upper boundary of consolidation).
Major: ~$43,100 - $43,150.
Support:
Immediate: ~$42,700 - $42,750 (Lower boundary of consolidation / Ascending trendline).
Strong: ~$42,545 - $42,600.
Lower/Previous Day Low: ~$42,280 - $42,390.
Trade Plan:
Bullish Breakout (Long):
Trigger: Clear 1-hour close above $42,950 with good volume, confirming breakout from consolidation/Previous Day High.
Target: $43,100, then $43,150.
Stop Loss: Below breakout level (e.g., $42,850).
Bearish Breakdown (Short):
Trigger: Clear 1-hour close below $42,700 with strong selling volume, breaking the ascending trendline/consolidation.
Target: $42,600, then $42,390.
Stop Loss: Above breakdown level (e.g., $42,780).
Dip Buy (Long):
Trigger: Price holds $42,545 - $42,600 with clear bullish reversal signals (e.g., strong wick, bullish engulfing) on the 1-hour timeframe.
Target: Resistance levels.
Stop Loss: Below the confirmed support (e.g., $42,500).
Risk Management: Always use proper position sizing and set a stop loss.
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Disclaimer: This content is intended for educational purposes only and does not constitute financial advice.
US30: The Market Is Looking Down! Short!
My dear friends,
Today we will analyse US30 together☺️
The market is at an inflection zone and price has now reached an area around 42,877.4 where previous reversals or breakouts have occurred.And a price reaction that we are seeing on multiple timeframes here could signal the next move down so we can enter on confirmation, and target the next key level of 42,798.2..Stop-loss is recommended beyond the inflection zone.
❤️Sending you lots of Love and Hugs❤️
DowJones INTRADAY support at 42100Key Support and Resistance Levels
Resistance Level 1: 43190
Resistance Level 2: 43620
Resistance Level 3: 44290
Support Level 1: 42100
Support Level 2: 41420
Support Level 3: 40990
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Dow Jones H1 | Overlap support at 50% Fibonacci retracementThe Dow Jones (US30) is falling towards an overlap support and could potentially bounce off this level to climb higher.
Buy entry is at 42,562.05 which is an overlap support that aligns with the 50.0% Fibonacci retracement.
Stop loss is at 42,196.55 which is a level that lies underneath a swing-low support and the 61.8% Fibonacci retracement.
Take profit is at 42,865.41 which is a multi-swing-high resistance.
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DOW JONES: Turning sideways for summer. Massive rise afterwards.Dow Jones is bullish on its 1D technical outlook (RSI = 58.389, MACD = 425.040, ADX = 23.083) but 1W is neutral, a natural outcome of the ranged trading within the 1D MA200 and 1D MA50in the last 3 weeks. It is possible to see the index staying sideways until the end of August and then attempt to complete a +39.50% rise from its bottom, like both prior bullish waves did. Regardless of this a test of the Channel Up top trendline, gives us a fair TP = 48,000 for the end of the year.
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DOW JONES – Triple Rejection Alert! Is a Breakdown Coming?The DOW (DJI) is struggling hard near the 42,600 resistance zone, and signs are pointing toward a potential bearish reversal.
📊 What’s the Chart Telling Us?
Price is hovering at a strong supply zone marked by heavy volume resistance (🔵 LuxAlgo Visible Range).
After three failed attempts to break above 42,600, bears may be gearing up to strike.
Support levels at 40,557 and 38,060 are now key downside targets.
🔻 Bearish Bias Building:
Strong supply zone rejection just like we saw in late April and mid-May.
Momentum slowing while price tests the same highs = distribution phase? 🤔
Divergence between price action and buyer strength is becoming more visible.
Key U.S. data events and Fed signals (⚡🇺🇸) coming up — potential catalysts for a breakout or breakdown.
🎯 Key Levels to Watch:
42,600 = Bull trap zone? Watch for another fake breakout.
40,557 = First test support — break here confirms weakness.
38,060 = Demand zone where bulls may re-enter, or price collapses further.
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📌 My Plan:
If price fails again at 42,600, I’ll look for short opportunities toward 40,557, and 38,060 with tight risk control.
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💬 What do YOU think?
Is Dow Jones heading for a correction? Or are the bulls playing possum?
👉 Drop your thoughts, hit the ❤️ if this helps your analysis, and follow for updates!
Quick Look: Dow Jones - Don't Miss These Levels!US30 Intraday Setup
Technical Outlook — 9 June, 2025
Market Context:
The Dow Jones (DJI) is currently consolidating around 42,760 after a recent rally. Price action suggests a potential "bear flag" formation near the "Previous Day High," indicating a crucial decision point for the short-term trend.
Key Levels & Trade Plan:
Resistance:
Immediate: ~$42,850 - $42,925 (Upper flag boundary / Previous Day High).
Major: ~$43,100.
Support:
Immediate: ~$42,690 - $42,720 (Lower flag boundary).
Strong: ~$42,590.
Lower/Previous Day Low: ~$42,390 - $42,280.
Trade Plan:
Bullish Breakout (Long):
Trigger: Clear 1-hour close above $42,925 with good volume.
Target: $43,100.
Stop Loss: Below breakout level (e.g., $42,800).
Bearish Breakdown (Short):
Trigger: Clear 1-hour close below $42,690 with strong selling volume.
Target: $42,590, then $42,390.
Stop Loss: Above breakdown level (e.g., $42,750).
Dip Buy (Long):
Trigger: Price holds $42,590 or $42,280-$42,390 with bullish reversal.
Target: Resistance levels.
Stop Loss: Below the confirmed support.
Risk Management: Always use proper position sizing and set a stop loss.
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Disclaimer: This content is intended for educational purposes only and does not constitute financial advice.
US30 – Price at Key Decision Point 42,810US30 | Technical Analysis
🔺 Current Scenario:
The price is now testing the pivot line at 42,810.
A 4H candle close above this level may confirm a bullish continuation toward the resistance zone at 43,212–43,350, and possibly extend to 43,763.
🔻 Alternative Scenario:
If price fails to hold above 42,810 and drops back below, we could see a pullback toward 42,410, with further downside to 42,158 and 41,777 if that breaks.
Pivot Line: 42810
Resistance Zone: 43212, 43350, 43763
Support Levels: 42410, 42158, 41777
US30 JUNE 9Happy Mondays! Why are libraries so tall? Because they have many stories, like you will once you lock in on trading.
Now we can only do three things when it comes to trading Buy, Sell or nothing.
Price is moving up right now. If price breaks and retests my trend line and key area then I'm going to sell. However, if price rejects those same areas and starts to create higher highs and lows then I'll buy it.
If price decides to act like that one friend who got too high and decides to go nowhere then I shall do nothing and wait. That it that all.
Have fun and enjoy the process
Dow Jones Index Rises Towards Key ResistanceDow Jones Index Rises Towards Key Resistance
On Friday, the Dow Jones Industrial Average (Wall Street 30 mini on FXOpen) climbed above the 42,950 level — a high not seen since early March.
The index has gained around 1.6% since the beginning of June.
Why Is the Dow Jones Rising?
→ Friday’s US jobs report helped ease concerns about the country’s economic outlook. According to ForexFactory, Non-Farm Employment Change came in at +139K, beating the forecast of +126K.
→ On Thursday, Donald Trump and Chinese President Xi Jinping held a call, easing tariff tensions. Market participants also welcomed news that officials may hold trade negotiations in London on 9 June.
Could the DJIA (Wall Street 30 mini on FXOpen) Rally Continue?
Technical Analysis of the Dow Jones Chart
The chart suggests that the 42,950 level is acting as a significant resistance. The price has repeatedly reversed from the 42,660–42,950 area (as shown by the arrows).
At the same time:
→ Friday’s move above 42,950 triggered selling pressure, forming a candlestick with a long upper shadow;
→ This may have been a false bullish breakout of the May high;
→ The price remains within an ascending channel (shown in blue), but the bounces off the lower boundary appear weak.
Given this setup, it is reasonable to assume that intensified bearish activity near 42,950 on the USA30 could lead to a breakout below the channel’s lower boundary.
Additional pressure on the Dow Jones Industrial Average (Wall Street 30 mini on FXOpen) may come from developments in California, where protests have erupted against immigrant deportations, with President Donald Trump and Governor Gavin Newsom trading accusations.
This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
US30 Trade Update – 06/09/2025🚨 US30 Trade Update – 06/09/2025 🚨
📊 Market Structure & Key Levels
US30 has finally broken above the prior resistance zone of 42,605, pushing toward the next key level of 42,872. Price is currently consolidating near 42,759, signaling strength but also caution as momentum pauses.
✅ Key Observations:
Clean breakout above 42,605 ✅
Next resistance: 42,872 → 43,021
Key support now: 42,605 → 42,584
🎯 Trade Plan:
🔹 Long Setup:
Buy above 42,872
→ Target: 43,021 & potential extension above
🔻 Short Setup:
Breakdown below 42,605
→ Target: 42,248 → 41,947
⚠️ Price is bullish but extended – wait for breakout or pullback confirmation!
[Scalping] Short US30 (June 4, 2025)Entry was 42395.66
TP is 42350.00
SL is 42426.08
RR is 1:1.5-2
This is just record purpose with new method to trade.
Please allow this test period.
**I use only session indicator.
Other than that I do not use any indicators
New method can be used only for manual trading.