Where are the Opportunities in (^DJI)

January 30, 2025, 20:18 pm ET, BY Allen K.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Longer Term Trading Plans for ^DJI

• Buy ^DJI near 43846.47 target 45247.29 stop loss @ 43719.84 Details

The technical summary data tells us to buy ^DJI near 43846.47 with an upside target of 45247.29. This data also tells us to set a stop loss @ 43719.84 to protect against excessive loss in case the stock begins to move against the trade. 43846.47 is the first level of support below 44882.1 , and by rule, any test of support is a buy signal. In this case, support 43846.47 is being tested, a buy signal would exist.

• Short ^DJI slightly under 45247.29, target 43846.47, stop loss @ 45377.96 Details

The technical summary data is suggesting a short of ^DJI as it gets near 45247.29 with a downside target of 43846.47. We should have a stop loss in place at 45377.96though. 45247.29 is the first level of resistance above 44882.1, and by rule, any test of resistance is a short signal. In this case, if resistance 45247.29 is being tested, a short signal would exist.

Swing Trading Plans for ^DJI

• Buy ^DJI slightly over 44940.56, target 45247.29, Stop Loss @ 44810.77 Details

If 44940.56 begins to break higher, the technical summary data tells us to buy ^DJI just slightly over 44940.56, with an upside target of 45247.29. The data also tells us to set a stop loss @ 44810.77 in case the stock turns against the trade. 44940.56 is the first level of resistance above 44882.1, and by rule, any break above resistance is a buy signal. In this case, 44940.56, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short ^DJI slightly near 44940.56, target 43846.47, Stop Loss @ 45070.35. Details

The technical summary data is suggesting a short of ^DJI if it tests 44940.56 with a downside target of 43846.47. We should have a stop loss in place at 45070.35 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 44940.56, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for ^DJI

• Buy ^DJI slightly over 44940.56, target 45105.66, Stop Loss @ 44835.71 Details

If 44940.56 begins to break higher, the technical summary data tells us to buy ^DJI just slightly over 44940.56, with an upside target of 45105.66. The data also tells us to set a stop loss @ 44835.71 in case the stock turns against the trade. 44940.56 is the first level of resistance above 44882.1, and by rule, any break above resistance is a buy signal. In this case, 44940.56, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short ^DJI slightly near 44940.56, target 44824.89, Stop Loss @ 45045.41. Details

The technical summary data is suggesting a short of ^DJI if it tests 44940.56 with a downside target of 44824.89. We should have a stop loss in place at 45045.41 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 44940.56, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Check the time stamp on this data. Updated AI-Generated Signals for Dow Jones Industrial Average (^DJI) available here: ^DJI.

^DJI Ratings for January 30:

AI Generated Signals for ^DJI

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This report was produced using AI developed by Stock Traders Daily.  Over the past 20 years this proprietary AI has been refined to help identify the most opportune trading strategies for both individual stocks and the stock markets themselves.  This methodology is also applied to Index options, ETFs, and futures.  The objective of this specific report is to optimize trading in Dow Jones Industrial Average (NASDAQ: ^DJI) while incorporating prudent risk controls.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for ^DJI change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and protection from market crashes using Evitar Corte.  

Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if ^DJI is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for ^DJI too.  All of these are offered below the Summary Table.