$DIA $DJIA Key Levels, Analysis & Targets$DIA Long View - looking out into mid-year - I added a few targets
What I’m thinking is a possible retest of 331… and if that breaks I’ll be looking to the 293-301 area. (And actually there’s a gap right below that so perhaps targeting that area as well… so 282, 293, and 301 would all be the next buy levels if 331 doesn’t hold
And with this I’m starting to look into Late April/May.
Let me know your thought,
And of course, this is the big picture… there will be lot’s of opportunities in both directions and I'll zoom in on some smaller time-frame plays as they come up, with the bigger move being down.
GL
——————
I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you. Check out my ideas, but also do your own due diligence.
I have a huge tolerance for volatility so please know that. If you’re new to my trade setups please try them on a small scale first. Then go in with a risk you’re comfortable with.
I am not a bull. I am not a bear. I just see what I see in the charts and I don’t pay too much attention to the noise in the news.
If you want me to analyze any stock or ETF just leave me a comment and I’ll do it if I can. (If I have time)
And most importantly… Have fun, y’all!!
(\_/)
( •_•)
/ >🚀
DIA
how the dow gold ratio played out in the inflation 70sAMEX:DIA
TVC:GOLD
GLD
charting the ratio of dow to gold. dow above, gold below. Look how purchasing power eroded. The dow in nominal dollars went sideways for a decade, while gold rose over 20 times. the dow went from "costing 26 ounces at one point to "costing" only ounce at the peak of golds spike.
BEARISH ALT COUNT DIA I HAVE JUST SOLD out of All long calls and now moved to a 100 %net short based on this wave structure . moved into sept 365 dia puts at 26.25 .If this count is what it is then we should not see the dow break the low of jan 27 and this would take the sp and qqq to new lows sp 4138/3980 qqq 321/316
$DIAPrice has fallen below the trendline, but I expect price to return to levels above the trendline. In favor of growth is the fact that we pushed off the bottom bolinger band, i.e. difficult times have passed, and further we can expect growth (but we need to consider the movement of bitcoin).
The nearest resistance zone is 1.72-1.82
$DIA Key Levels, Analysis & Targets$DIA Key Levels, Analysis & Targets
Some number’s I’m looking at. Sorry, not much of an explanation today… I’m tired LOL.
GL
——————
I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you. Check out my ideas, but also do your own due diligence.
I have a huge tolerance for volatility so please know that. If you’re new to my trade setups please try them on a small scale first. Then go in with a risk you’re comfortable with.
I am not a bull. I am not a bear. I just see what I see in the charts and I don’t pay too much attention to the noise in the news.
If you want me to analyze any stock or ETF just leave me a comment and I’ll do it if I can. (If I have time)
And most importantly… Have fun, y’all!!
(\_/)
( •_•)
/ >🚀
bear flag + bearish divergence. btc is finished 39 to 40.5kdont buy! dont long. bulls waiting for 39000 to 40000 to dump large amount of btc. BTC IS DONE. its done!
it will go below 30000 and form a resistance, stock market also rising wedge, bearish. stay safe!
i suggest DCA BTCDOWN around these levels.
there was huge inflow of btc last few days around 20000+. same as dec 2-4 dump.
DIA - Wobble TopDiamonds ETF Monthly Chart having a grim start to 2022. Wobble Top with wild price swings over the last five months. Jan 2022 has been the wildest yet.
Monthly chart showing a potential bearish engulfing print. With only 1-day left in January will they save it? Even if buyers do come to the rescue on the 31st, indicators point to DIA ultimately going lower in early 2022.
And while buyers may appear to be exiting in earnest this month, based upon an entrenched "BTFD" sentiment, my take is the real selling is just beginning. It likely won't take too much more pressure/bad news to start a real rout.
The dollar's strength/resiliency combined with JPOW's comments and live market reaction this past week are telling. Expecting at a minimum a quick retest of the recent Jan lows in early Feb, and likely sharply lower into March/April 2022. Long volatility and short just about everything else as the baby will likely be thrown out with the bath water this time. Great Reset Indeed.
Not financial advice.
TROW MODEL WE ARE GOING TO FIND SUPPORT .618I have been posting that the spring and a date jan 27 time frame would be an event I feel that the downside is focused at gold ratio support and max fear this is wave A within the bear market the final low is due oct 4 of this year but we are near the bottom and will soon see a rally for a few weeks after this cycle is ended .I will post detail later this sunday
An 8.5% change in the S&P in one dayWow, that is some serious price action. Bottomed out at -3.9% around 11:30 and then rallied +4.6% by the end of the day to close positive for the day..
On the chart you can see the 20, 50, 100, and 200 day SMA. I also added the key price levels to watch. You can see the bounce off the lower and the morning open to be at the middle one. Would not be surprised if we see a rally to the upper level in the next week or so.
Relative Momentum of US EquitiesRelative Momentum of US Equities
SPY - Broad Market / Large Cap Equities
DIA - Dow Jones
QQQ - Nasdaq / Large Cap Growth
IWM - Russell2000 / Mid Cap Blend
IWV - Russell3000 / Small Cap Blend
IWC - Micro Cap Blend
SPYV - Large Cap Value
SPYG - Large Cap Growth
VXF - Extended Market Ex S&p500
DIA token formed bullish Gartley for upto 148.5% big moveHi dear friends, hope you are well and welcome to the new trade setup of DIA token.
Previously we had a nice trade of DIA:
Now during the current crash, on the weekly time frame chart, DIA has formed a bullish harmonic Gartley pattern for a big bullish reversal move.
S&P 500 touching 200 day SMA - 68% chance of rallySince 2004
25 --> declines touch the 200 day SMA
8 --> continued into a larger correction
17 --> rebounded to some level
8/25 = 32% chance of bearish
17/25 = 68% chance bullish
Looking at the trend since 2004, it may take a week or two at these levels before it chooses its direction.
If I had to guess, this could be a likely match to today's place in the market.
20, 50, 100, 200 day SMAs
SHORT $DIA — BEARISH A,B,C,D PATTERN!
I'm expecting a move to the downside to complete this ABCD pattern in $DIA.
The gaps below the market will act as price magnets, and the same measurement from A to B from C would fill the bottom most gap.
I love this setup, and I'm buying puts on various names within the index and broader market to play it.
We could potentially see the pattern continue to the downside, but I am forecasting for a gap fill at minimum.
TOP WAVE STRUCTURE I AM BULLISH NOW We are about to see a new up leg into record highs in what should be a fast up thrust WAVE 2 was a flat and wave 4 is a triangle up Elliot WAVE STRUCTURE this a CLASSIC 4th WAVE under rules of alternation .Therefore I maintain will see an final 5th wave up to just outside the monthly bb at 2% above the bands to end the BULL MARKET FROM MARCH LOW2020
NASDAQ (QQQ) 2016 Rally Coming to an End?Things have been different lately in the NASDAQ. It has really leveled off in December and last week was rough. I laid out some trend lines and fib levels. To me, it looks like the rally from 2020 helped QQQ regain the bullish channel from the 2016 correction. Also, if start a fib sequence at the Feb 2016 low and a 1.0 at 2018 peak, then Nov 22 was a perfect touch of the 2.146 fib extension. We then had a retest for a double top on Dec 27th (but came up short). Since then we have been trending down. If you look at teh RSI you can also see that the recent ATH happend on a noticable lower RSI value, which is a bearish indicator (divergence). Saw the same kind of setup in 2015 and 2018.
Hard to know if we will try another rally to touch/break the 2.146 fib ($408), or we will see a stronger pull back.
1D
4h
QQQ the BULLISH WAVE COUNT WAVE C DOWN ON NEWS I wrote last week of a crash cycle I was looking for anywhere from 11.8 min today we fell short at 9.47 % of which that is a .786 of my drop of 11.8 % I am no longer bearish . the QQQ .I HAVE MOVED TO A NET LONG AND IF WE BREAK DOWN INTO 362 I WILL BE 100% NET LONG BUT DOUBT WE will see this . I now am looking at the drop has ending a wave 4 within the super cycle blow off before the CRASH world wide due OCT 10/20 BASED ON THE 20 10 4 2 1 YR CYCLES DUE AS WELL as the 9.2 month ALL are focused on oct 10/ 20 .BEST OF TRADES WAVETIMER