Can the Dow Jones Continue Its Bullish Momentum This Week?Dow Jones Industrial Average IndexTVC:DJIThe-Thiefπ US30/DJI Dow Jones - Bullish Pullback Opportunity π Professional Market Blueprint | Swing Trade Setup π TRADE OVERVIEW Asset: US30/DJI - Dow Jones Industrial Average Index Timeframe: Swing Trade (4H-Daily) Bias: π’ BULLISH - Hull MA Pullback Strategy Confirmation: Heikin Ashi Reversal Candle Pattern π― ENTRY STRATEGY - "LAYERING METHOD" π― Approach: Multiple limit orders (Professional Risk Distribution) Layer Entry Points: Layer 1: 46,600 π΅ Layer 2: 46,800 π΅ Layer 3: 47,000 π΅ Layer 4: 47,200 π΅ π‘ Tip: Adjust additional layers based on your risk tolerance and account size π RISK MANAGEMENT Stop Loss: 46,400 β οΈ DISCLAIMER: This is a reference level only. You manage your own risk. Adjust SL according to your strategy and risk profile. Take Profit Target: 48,800 π Rationale: Moving Average resistance + Overbought zone + Trap detection β οΈ DISCLAIMER: This is a reference level only. You manage your own risk. Take profits at your own discretion. π TECHNICAL CONFLUENCE β Hull Moving Average - Bullish alignment & pullback structure β Heikin Ashi Reversal - Confirmation candle pattern at entry zones β Moving Average Resistance - Strong rejection level near TP β Overbought Divergence - Potential trap for trap traders β Risk/Reward Ratio - Favorable 1:3+ setup potential π RELATED PAIRS TO WATCH - CORRELATION ANALYSIS π SPY - S&P 500 ETF (Positive Correlation - 0.92) US30 follows broad market sentiment. SPY strength = DJI bullish momentum. π QQQ - Nasdaq-100 ETF (Positive Correlation - 0.85) Tech sector performance impacts overall market. Monitor for divergence signals. π IWM - Russell 2000 (Small Cap) (Positive Correlation - 0.88) Small-cap rotations precede index moves. Early trend confirmation signal. π GLD - Gold Spot Price (Inverse Correlation - -0.45) Risk-on sentiment (bullish DJI) = weaker gold. Inverse hedge setup. π VIX - Volatility Index (Inverse Correlation - -0.70) Rising VIX = market fear = DJI pullback risk. Monitor at entry zones. π US10Y Yield (Negative Correlation - -0.55) Rising yields pressure equities. Check yield strength before entries. π DXY - US Dollar Index (Weak Negative - -0.30) Stronger dollar = export headwinds. Minor impact, secondary indicator. β‘ KEY TRADING RULES π΄ BEFORE ENTRY: Confirm Hull MA slope is positive Wait for Heikin Ashi reversal candle close Check VIX & SPY alignment Ensure no major economic events π’ AT ENTRY: Use layering strategy (don't chase) Build position gradually across 4 layers Scale risk based on account size Document entry price & time π‘ DURING TRADE: Trail stop loss after +1% profit Monitor related pairs for divergence Close 50% at +2% for risk-free trade Let remainder run to target π΅ EXIT PLAN: Target: 48,800 (reference level) Or: Exit on Heikin Ashi reversal signal Or: Close on MA resistance rejection Never hold into major news events