Dow Jones Wave Analysis – 8 July 2025- Dow Jones reversed from long-term resistance level 45000.00
- Likely to fall to support level 44000.00
Dow Jones index recently reversed down from the resistance zone located between the long-term resistance level 45000.00 (which has been steadily reversing the price from the end of November) and the upper daily Bollinger Band.
The downward reversal from this resistance zone stopped the previous medium-term ABC correction (2) from the start of April.
Given the strength of the resistance level 45000.00 and the overbought daily Stochastic, Dow Jones index can be expected to fall to the next support level 44000.00 (target price for the completion of the active impulse wave i).
DOWUSD trade ideas
DowJones Bullish trend support at 44000Key Support and Resistance Levels
Resistance Level 1: 45000
Resistance Level 2: 45440
Resistance Level 3: 46000
Support Level 1: 44000
Support Level 2: 43700
Support Level 3: 43430
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US30 Market Recap – 07/08/2025📍 US30 Market Recap – 07/08/2025
The bulls lost steam, and momentum shifted 📉
After tapping a local high near 44,867, price got rejected hard and broke below both EMAs for the first time in over a week 🚨
🧠 What’s Changed:
Clean lower high formed around 44,800s
EMA structure broken → 20 EMA crossed below the 50 EMA
Price now consolidating under 44,450 zone
📊 Key Levels:
🔼 Resistance: 44,521 → previous EMA zone
🔽 Support: 44,250 → then 44,000
📈 Trade Setup Ideas:
🔻 Short Setup (Primary Bias):
Look for rejection around 44,450–44,500 zone
Entry: Bearish engulfing or break/retest from 15min or 1H
Targets: 44,250 → 44,000
SL: Above 44,600
🔹 Long Setup (Only if Reclaimed):
Bulls must reclaim 44,600 and flip it to support
Watch for strong breakout candle + volume
Target: 44,800 → 44,867
SL: Below 44,450
US30 Is Bearish! Sell!
Please, check our technical outlook for US30.
Time Frame: 12h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The price is testing a key resistance 44,371.8.
Taking into consideration the current market trend & overbought RSI, chances will be high to see a bearish movement to the downside at least to 43,586.3 level.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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First obvious major clue may be stronger than the second.I think this shows a clear direction in price action. Strong moves addition to bullish trend line and internal structure. Now at the moment, I am looking at the trend line as a major attraction point in the current moment. Some opinions may say that it's more correct to sell down lower from the trend line, and that might be correct. Although, at this moment, price has yet to have a proper pullback after a clean breakout below. It might honestly just be too obvious that it'd go down lower after retesting trend line, so in my opinion, I think the most clear entry right now is to buy now at a low point, might as well be called a liquidity pool. So right now in this strong trend change, the next obvious major potential for move is going to be back at trend line. The next obvious move will be even more obvious, so then it might also be lacking stability, but until then, my focus here is to buy within a potential deep pullback.
US30: Market in Rally Mode – Prepare for the Next OpportunityWelcome back! Let me know your thoughts in the comments!
** US30 Analysis !
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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Dow Jones Potential UpsidesHey Traders, in tomorrow's trading session we are monitoring US30 for a buying opportunity around 44,400 zone, Dow Jones is trading in an uptrend and currently is in a correction phase in which it is approaching the trend 44,400 support and resistance area.
Trade safe, Joe.
Dow Jones approaches 45kThe Dow Jones has extended its recovery to 44,800, just shy of its 45,000 record high reached in January. The RSI is tipping into overbought territory, so some consolidation could be on the cards. Buyers will look to extend the bullish run above 45,0000 to fresh record highs. Meanwhile, immediate support is at 44,500. Below here, 44,000 could offer some support. It would take a drop below 42,900 to negate the near-term bull trend.
FC
US30 – Bullish Breakout Retest Play (1H + 15M Confluence)US30 – Bullish Breakout Retest Play (1H + 15M Confluence)
Price has broken out of descending channel and is now retesting the 44,671–723 zone. 1H chart confirms bullish momentum within a broader uptrend. Watching for clean retest → continuation move towards 44,850+. Checklist Score: ✅ 9/10.
#US30 #DowJones #TCBstrategy #BreakoutRetest #SmartMoney #PriceAction
📌 Journal Summary Entry:
US30 Compression Play – July 7
Watching 44,723.1 key supply zone for decision. Price consolidating under zone with descending trendline. Two options: (1) Short on rejection with 2R+ to 44,512.3 demand or (2) Long breakout above 44,723 with target at 44,850–900 zone. Scored 8/10 on TCB checklist. Awaiting confirmation candle during NY session.
Upward trend Given the behavior of the index within the current resistance range, possible scenarios have been identified. It is expected that a trend change will take place and we will witness the beginning of a correction. With consolidation above the resistance range, the continuation of the upward trend will be likely.
US30 Technical Outlook – 07/07/2025📍 US30 Technical Outlook – 07/07/2025
The bulls are holding it down 💪
We’re pushing back near the top of the range — New high at 45,018 tapped!
Price is comfortably riding above both EMAs (20 & 50), showing strong trend continuation 🚀
🧠 Key Observations:
Clear breakout from previous consolidation (44,700 zone)
New higher high → momentum remains intact
EMAs continue to act as dynamic support (especially 44,688 area)
📊 Key Price Zones:
🔼 Resistance: 45,018 → Next psychological level: 45,200
🔽 Support: 44,688 → 44,500 → 44,250
📈 Trade Setup Ideas:
🔹 Long Setup (Primary Play):
Pullback entries near 44,688 EMA zone
Confirmation: Bullish engulfing or bounce on 15min/1H
Targets: 45,000 → 45,200
SL: Below 44,500
🔻 Short Setup (Cautious/Counter):
Only if strong rejection from 45,018 with breakdown back below 44,700
Target: 44,500 → 44,250
Lower TF confirmation required
Dow Jones H4 | Bullish uptrend to extend higher?The Dow Jones 30 (US30) could fall towards a swing-low support and could potentially bounce off this level to climb higher.
Buy entry is at 44,437.85 which is a swing-low support.
Stop loss is at 43,850.00 which is a level that lies underneath a swing-low support and the 23.6% Fibonacci retracement.
Take profit is at 45,046.46 which is a multi-swing-high resistance.
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US30 Will Move Higher! Buy!
Take a look at our analysis for US30.
Time Frame: 1h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is testing a major horizontal structure 44,556.0.
Taking into consideration the structure & trend analysis, I believe that the market will reach 44,867.4 level soon.
P.S
Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Like and subscribe and comment my ideas if you enjoy them!
DOW Jones go upCMCMARKETS:US30
Reaching the price level of 45,082.74 is inevitable. From the current closing price, there is a high probability of continuation toward the ATH.
However, the price levels 44,440 and 44,344.95 are also acceptable zones from which the move toward 45,082.74 may begin.
At the start of the upcoming week, as soon as the market opens, we are likely to move toward the ATH from one of these three levels.
Dow Could Be Gearing Up for a Run Toward 50,000We’ve seen it before—and we might be seeing it again . The Dow Jones is showing a familiar pattern, and here’s what’s happening:
The index has been repeatedly hitting the 1.618 Fibonacci extension from previous ranges.
Right now, we’re approaching the 100% extension between the last swing high (~45,000) and swing low (~36,600).
If the Dow breaks above that previous high at 45,000, there's a good chance we’ll see the pattern repeat—with 50,000 as the next target.
It’s all about that breakout confirmation. Until then, we watch and wait.
This market has a memory—let’s see if it chooses to repeat it again.