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D-DJI

Dow Jones Industrial Average Index UpdateFirst, we look at the trade idea I just published for the SPX as these two are closely related. S&P 500 Index Update We can see all the same signals... These things they move in exactly the same way. Just like Bitcoin and Ethereum (the "Merge"), the same goes for the SPX and DJI. We have the major downtrend which has already been broken here. So my speculation about the SPX upward corrention to prolong/go higher is true/possible, as it will follow the DJI. We can see the DJI having a very strong bullish bias on the daily timerame already trading above MA200 and EMA300. The next resistance here is showing as the August 2022 high/peak price. We already see the DJI stopping short of this level today. If this resistance can be conquered, the doors open for 35,400+ which at the same time tells us that the SPX can also grow. Now, we see a divergence happening with the RSI, bearish divergence and we also see a potential for a sudden drop. The weekly and monthly timeframes are full bullish. The bulls have definitely the upper hand here... The August 2022 resistance will be the next decision point. Thank you for reading. Namaste.
TVC:DJI
by AlanSantana
DOW JONES Too close to the August 16 High!It has been almost 2 weeks since Dow Jones (DJI) broke above the top (Lower Highs trend-line) of the Bearish Megaphone pattern that it has been trading in since the start of the year and the beginning of the 2022 correction. At the same time it broke above the 1D MA300 (yellow trend-line), which as we've mentioned numerous times was the barrier for a long-term bullish trend restoration: The index is now very close to making another major bullish break-out as it is very close to the 34300 Resistance (1) which was formed by the August 16 High, which was rejected on the (former) Lower Highs trend-line and 1D MA300. If broken it will be the first time in 2022 that Dow Jones will break a Lower High. In this case, we will automatically target 35550 (Resistance 2), which was formed by the April 21 (Lower) High. If the price gets rejected though, the index should seek the short-term Supports of 1) the 4H MA100 (green trend-line), which during the July - August and March - April counter rallies was the supporting level (when broken, the downtrends started) and 2) the 1D MA200 (orange trend-line), which held as Support for the first time in a year on November 10. Keep in mind that during Dow's bull rallies, the 1D MA50 (blue trend-line) is typically the Support. On the downside, watch the 1W RSI, which has been glued to the top of the Channel Up in the past two weeks. Failure to break above it, should accelerate the sell sentiment towards the 1D MA50. The trigger for that can be a Bearish Cross on the 1D MACD, which is very close to be formed. All prior Bearish Cross in 2022 have kickstarted major sell-offs. ------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 👇 👇 👇 👇 👇 👇 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
U
by TradingShot
5
DJI Potential for Bearish Momentum | 23rd November 2022On the H4 chart, the overall bias for DJI is bullish , with price above the Ichimoku cloud . However, we intend to make use of the pullback. As a result, price has tapped into our sell entry at 34281.36, which is the previous swing high as well as the 78.6% Fibonacci line. The stop loss will be set at the previous swing high of 35492.22. The take profit will be set at 32135.41, which corresponds to the 61.8% Fibonacci line. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
TVC:DJIShort
by FXCM
DJI Potential For Bullish ContinuationOn the H4 chart, the overall bias for DJI is bullish. To add confluence to this, price is above the Ichimoku cloud which indicates a bullish market. Looking for a retracement buy entry at 32818.16, where the 50% and 23.6% Fibonacci lines are located. Stop loss will be set at 31711.78, slightly below where 2 of the 38.2% Fibonacci lines are located. I am looking to take profit at 35411.35, where the previous swing high, 78.6% Fibonacci line and -27.2% Fibonacci expansion line are located. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
TVC:DJILong
by VantageMarkets
DJI Potential for Bearish Momentum | 23rd November 2022On the H4 chart, the overall bias for DJI is bullish , with price above the Ichimoku cloud . However, we intend to make use of the pullback. As a result, price has tapped into our sell entry at 34281.36, which is the previous swing high as well as the 78.6% Fibonacci line. The stop loss will be set at the previous swing high of 35492.22. The take profit will be set at 32135.41, which corresponds to the 61.8% Fibonacci line. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
TVC:DJIShort
by Rockqet
6
DJI Potential for Bearish Momentum | 22nd November 2022On the H4 chart, the overall bias for DJI is bullish , with price above the Ichimoku cloud . However, we intend to make use of the pullback. As a result, we're looking for a sell entry at 34281.36, which is the previous swing high as well as the 78.6% Fibonacci line. The stop loss will be set at the previous swing high of 35492.22. The take profit will be set at 32135.41, which corresponds to the 61.8% Fibonacci line. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
TVC:DJIShort
by FXCM
3
DJI Potential For Bullish RiseOn the H4 chart, the overall bias for DJI is bullish. To add confluence to this, price is above the Ichimoku cloud which indicates a bullish market. Looking for a retracement buy entry at 32818.16, where the 50% and 23.6% Fibonacci lines are located. Stop loss will be set at 31711.78, slightly below where 2 of the 38.2% Fibonacci lines are located. I am looking to take profit at 35411.35, where the previous swing high, 78.6% Fibonacci line and -27.2% Fibonacci expansion line are located. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
TVC:DJILong
by VantageMarkets
6
DJI Potential for Bearish Momentum | 22nd November 2022On the H4 chart, the overall bias for DJI is bullish, with price above the Ichimoku cloud. However, we intend to make use of the pullback. As a result, we're looking for a sell entry at 34281.36, which is the previous swing high as well as the 78.6% Fibonacci line. The stop loss will be set at the previous swing high of 35492.22. The take profit will be set at 32135.41, which corresponds to the 61.8% Fibonacci line. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
TVC:DJIShort
by Rockqet
5
DOW JONES leading the way against BITCOIN, APPLE, GOLDIt may come as a surpris to many but Dow Jones has been in the past month leading major markets in bullish momentum. Compared to Bitcoin, Apple and Gold, the Dow Jones index has not only broken above its 1D MA200 (orange) in the past month but also above its Falling Resistance (Lower Highs) from it market high. On the other hand a major growth asset like Bitcoin has never been above its Falling Resistance or above the 1D MA200 since January, virtually the whole year. Apple remains below both its Falling Resistance and the 1D MA200 where it had two rejections in the past 30 days while the safe haven asset of Gold, despite breaking above its Falling Resistance this month, it has last week an emphatic rejection below the 1D MA200. Is Dow leading the way to investors? ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ## ## Also DONATIONS through TradingView coins help our cause of increasing the daily ideas put here for free and reach out more traders like you. ##
BITSTAMP:BTCUSD
by InvestingScope
1
DJI Potential For Bearish ContinuationOn the H4 chart, the overall bias for DJI is bullish. To add confluence to this, price is above the Ichimoku cloud which indicates a bullish market. Looking for a buy at 32818.16, where the 50% and 23.6% Fibonacci lines are located. Stop loss will be set at 31711.78, slightly below where 2 of the 38.2% Fibonacci lines are located. I am looking to take profit at 35411.35, where the previous swing high, 78.6% Fibonacci line and -27.2% Fibonacci expansion line are located. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
TVC:DJILong
by VantageMarkets
DJI Potential for Bearish Momentum | 21st November 2022The overall bias for DJI on the H4 chart is bullish, with price being above the Ichimoku cloud/ However, we intend to utilize the pullback. So we're looking for a sell entry at 34281.36 , where the previous swing high and the 78.6% Fibonacci line are. The stop loss will be set at 35492.22, where the previous swing high is. The take profit will be set at 32135.41, which is where 61.8% Fibonacci line is. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
TVC:DJIShort
by Rockqet
4
DOW JONES Holding the 1W MA50 could repeat the 2016/17 rally!This is the price action of the Dow Jones Industrial Average Index (DJI) since the 2008/09 Bear Cycle of the Housing Crisis. On the log 1W chart, we can fit it within a Channel Up pattern, with the January 2022 top as its latest Higher High. As you see there is considerable room to fall and touch the bottom (Higher Lows trend-line) of the Channel Up but on the Sep 26 - Oct 10 1W candles, the 1W MA200 (orange trend-line) acted as Support and pushed the price back above the 1W MA50 (blue trend-line). It is important to mention that while the candle action was on Lower Lows, the 1W RSI was on Higher Lows, i.e. on a Bullish Divergence. The last time we had all this conditions fulfilled together, was during the August 2015 - February 2016 correction. As you see, the RSI was on Higher Lows while the price Double Bottomed, found Support on the 1W MA200 and rebounded back above the 1W MA50. The 1W MA50 then turned into a Support and never broke and that gave way to the very strong 2016/17 rally. You can see that its bars pattern fractal (black) fits almost perfectly on the late 2021/2022 price action. As a result, we could expect a gradual recovery into a strong rally in Q3 2023, especially if the 1W MA50 holds as a Support. If not, the 2022 Channel Down (red) can give more Lower Lows until Dow hits the bottom of its 14 year old Channel Up. ------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 👇 👇 👇 👇 👇 👇 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
TVC:DJI
by TradingShot
8
djia in 5th wave of parabolic rise... targets 100k +Historical DJIA chart with all the 4 parabolic "basings" highlighted with boxes... therefore we are currently witnessing 5th wave of a parabolic rise, often the wider in range ... 100K is minimum target considering upper channel of deviation , but parabolic rises won't generally "respect" such Logarithmic Deviations. More aggressive targets around 130/150K for a topping around the years 32/34 (in time we'll see if the accelaration starts to break the deviations or not, for now we assume 100k target within 10/12 years) Note: analysis is valid for SPX as well!
TVC:DJILong
by LotusTrading20
DJI Potential for Bearish Momentum | 18th November 2022The overall bias for DJI on the H4 chart is bullish . However, we intend to utilize the pullback. So we're looking for a sell entry at 34281.36 , where the previous swing high and the 78.6% Fibonacci line are. The stop loss will be set at 35492.22, where the previous swing high is. The take profit will be set at 32135.41, which is where 61.8% Fibonacci line is. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
TVC:DJIShort
by FXCM
💢SELL DJI at the best place and price💰🔰You can see the analysis of the Dow Jones index in the four-hour time frame (DJI _ 4H) 🔍🧨 💥Considering that the price has been able to break the Up trend line🖤 and pullback💜 to it, if the price can reach the intersection of the SUPPLY zone and the Up trend line🖤, it can fall to the DEMAND zone🔻 Do you think this analysis can be profitable❓ I hope the analysis was useful for you🤍🌹 _______📈TRADER STREET📉_________
FOREXCOM:US30Short
by TRADER_STREET
DJI Potential For Bullish ContinuationOn the H4 chart, the overall bias for DJI is bullish. To add confluence to this, price is above the Ichimoku cloud which indicates a bullish market. Looking for a buy at 32818.16, where the 50% and 23.6% Fibonacci lines are located. Stop loss will be set at 31711.78, slightly below where 2 of the 38.2% Fibonacci lines are located. I am looking to take profit at 35411.35, where the previous swing high, 78.6% Fibonacci line and -27.2% Fibonacci expansion line are located. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
TVC:DJILong
by VantageMarkets
Is Dow's correction really over?As we all know, Dow30 (All American indices in fact) started to drop since the beginning of the year. However, looking at a longer chart we can see that this drop is overlapping suggesting correction. At the beginning of October, Dji made a new low under 30k, followed by a second drop in that zone, making a small double bottom. After the break back above 30k, the index traded to the upside in a very nice and constructive way and recently also broke above the falling trend line. If this is a bull trap or not remains to be seen, but strictly technical, the index is bullish at this moment and it will stay this way as long as the price is above 32k. A break above 34k would call for further gains and February's 36k high could be the target.
FOREXCOM:US30Long
by Mihai_Iacob
6
DJI Potential for Bearish Momentum | 18th November 2022The overall bias for DJI on the H4 chart is bullish . However, we intend to utilize the pullback. So we're looking for a sell entry at 34281.36 , where the previous swing high and the 78.6% Fibonacci line are. The stop loss will be set at 35492.22, where the previous swing high is. The take profit will be set at 32135.41, which is where 61.8% Fibonacci line is. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
TVC:DJIShort
by Rockqet
1
DJI Potential for Bearish Momentum | 17th November 2022The overall bias for DJI on the H4 chart is bullish . However, we intend to utilize the pullback. So we're looking for a sell entry at 34281.36 , which is the previous swing high and the 78.6% Fibonacci line. The stop loss will be set at 35492.22, the previous swing high. The take profit will be set at 32135.41, which is the 61.8% Fibonacci line. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
TVC:DJIShort
by FXCM