Dow Jones Index (US30) Analysis

Dow Jones Index (US30) Analysis Based on SMC, Elliott Waves

📉 General Analysis:
• The price is in a corrective phase after a strong drop, with a previous BOS (Break of Structure) indicating a break in the prior trend.
• Current scenario: A retracement towards the 50%-61.8% Fibonacci zones.
• The price may test liquidity-rich sell zones before continuing its downward movement.

📍 Key Sell Zones (Short Entries)

🔴 Potential Sell Areas:
1. $43,970 - $44,022 → (50%-61.8% Fibonacci retracement from the last drop)
2. $44,100 - $44,250 → Previous sell-side liquidity + strong resistance
3. $44,500 - $44,700 → Final resistance before trend reversal

📌 Best Selling Scenario:
• Wait for the price to reach 50%-61.8% Fibonacci retracement levels, then look for reversal candles or a bearish CHoCH to confirm entry.

📍 Key Buy Zones (Long Entries)

🟢 Potential Buy Areas:
1. $43,350 - $43,450 → Strong support + 50% Fibonacci retracement of the recent up-move
2. $43,000 - $43,100 → (PDL - Weak lows & potential liquidity grab)
3. $42,750 - $42,900 → Strong demand zone + potential strong rebound

📌 Best Buying Scenario:
• Wait for a bullish BOS (Break of Structure) or RSI Divergence before entering long.

📈 Expected Scenarios:
1. If the price reaches $43,970 - $44,022 and shows weakness → Look for a short entry.
2. If the price drops to $43,350 - $43,450 and shows strength → Look for a long entry.
3. If the price breaks below $43,000, expect a drop towards $42,750 - $42,900 before any potential rebound.

🚀 Accurate Trade Recommendations:

📉 Sell Trade (Short Entry)

✅ Entry Zone: $43,970 - $44,022
🎯 Targets:
• Target 1: $43,600
• Target 2: $43,350
• Target 3: $43,100

🛑 Stop Loss: Above $44,150
🔹 Risk-to-Reward Ratio: 1:3 - 1:4
📌 Confirmation: Wait for CHoCH or a bearish reversal candle.

📈 Buy Trade (Long Entry)

✅ Entry Zone: $43,350 - $43,450
🎯 Targets:
• Target 1: $43,600
• Target 2: $43,900
• Target 3: $44,100

🛑 Stop Loss: Below $43,200
🔹 Risk-to-Reward Ratio: 1:3 - 1:4