DOW JONES INDEX (US30): Strong Resistance Holds
Quick update for my analysis of the US30 Index.
Earlier, we spotted a confirmed breakout of a major support cluster.
The market is retesting it at the moment.
With a high probability, the index will drop soon.
Goal - 50300
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US30 Massive Bullish Breakout!
HI,Traders !
#US30 is trading in a strong
Uptrend and the price just
Made a massive bullish
Breakout of the falling
Resistance line and the
Breakout is confirmed
So after a potential pullback
We will be expecting a
Further bullish continuation !
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Is this finally the bottom?US30 low may be in with todays doji on daily there is a good chance for green friday tomorrow.
Daily overall looks quite interesting as there is a chance for manipulation move and sweep of the lows today.
As long as tomorrow doesnt close red next week could finally be the end of overnight pump and N
US30 — BEARS EYE LOWER LEVELS The Dow Jones 2H chart is showing strong bearish pressure after repeated rejection from the descending trendline and the 51,500–51,600 resistance zone.
🔻 Price has broken below the recent consolidation area, indicating that sellers are gaining control. The market continues to form lower highs, kee
US30 LONG FROM SUPPORT
US30 SIGNAL
Trade Direction: long
Entry Level: 51,207.0
Target Level: 51,868.1
Stop Loss: 50,766.3
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 9h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analy
US30 Will Go Up From Support! Buy!
Take a look at our analysis for US30.
Time Frame: 9h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 51,212.9.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with ta
Laggards are Finally Crashing the Partay!Breadth is expanding right on cue. For weeks, NASDAQ:NDX mega cap leadership carried the weight while smaller caps and industrial heavyweights dragged their feet. Now the rotational picture is shifting fast across the board.
Here is the sequence of the laggards waking up:
SP:MID made the first
Bearish reversal at pullback resistance?US30 is reacting off the pivot and could reverse towards the 1st support, which is a pullback support that aligns with the 50% Fibonacci retracement.
Pivot: 51,583.30
1st Support: 49,842.18
1st Resistance: 52,744.40
Disclaimer:
The opinions given above constitute general market commentary and do
UShort

DOW JONES 2-month Channel Down now targeting 49800.Last week (September 30, see chart below), we gave a technical Sell Signal on Dow Jones (DJIA), as it has just been rejected on its 4H MA50 (blue trend-line), making a new Lower High:
The rejection was confirmed and the index quickly hit our 50550 Target. Now it flashes a new Sell Signal yet ag
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