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DIA

$SPX almost like clockwork to 2022TVC:NDQ has traded back above the NECKLINE (from Head & Shoulders Break down) - Amazing!!! DJ:DJI has not traded above and neither has the $SPX. In this chart we see the SP:SPX illustrating the resemblance to 2022. We've been showing this chart for some time now. It's amazing how similar they are trading. AMEX:TYD is running today (leveraged bonds ETF) likely an anticipated demand for "safety" causing #yields to fall. SGX:SQQ NASDAQ:TQQQ NASDAQ:SQQQ AMEX:DIA AMEX:UDOW AMEX:SDOW AMEX:SPY AMEX:SPXL AMEX:SPXS
SP:SPX
by ROYAL_OAK_INC
$DJI @ a support level & oversoldStated a while ago, not sure if we posted here but did elsewhere (see profile), that we had short term Treasury exposure @ 50% but it's 75% atm. (it's a placeholder until trend changes) Should've been shorting the entire time down. TVC:DJI @ support but this area has not been a strong level. However, we are severely oversold so that bounce can be close & it can happen here. Sticking with the idea that large bounces should be sold of shorted until the technical data changes. #stocks AMEX:DIA
DJ:DJI
by ROYAL_OAK_INC
$QQQ Still in Up Sloping Channel NASDAQ:QQQ Until and unless NASDAQ:QQQ drops out and stays out of this weekly channel it seems obvious to me that bulls are in charge. Of course, that can change and quickly but until it does, I remain in the bull camp. This pullback and sideways motion should help set-up more stocks for good entries. All TBD. So far, (it's mid-day on Thursday so a day and a half to go) we are having an inside week. That is worth noting should it hold thru tomorrow. Ideas, not investing / trading advice. Comments always welcome. Thanks for looking.
NASDAQ:QQQLong
by jaxdog
2
BOTTOM is the SP 500 A double zig zag has ended into the target Last week I talked about the alt wave structure if we failed at 4521 . I stated that if we fail to break above this we would then see a abc or 5 wave drop to 4331/4303 the ideal target 4303 in a perfect world and that the VIX would see 18.8/19.8 worst case if the bull was still within the final advance . I also want traders to review the tlt post THE MAJOR LOW DUE and the DXY . I look for the sp to march to 4666/4731 from here I am now 100 % long and margin of 5 % and fully long calls today I also took a full 100 % long in IWM target has been met . best of trades WAVETIMER
AMEX:SPY
by wavetimer
3
$DJI broke Head & shoulder & long term trend yesterdayDJ:DJI broke the head & Shoulder pattern on daily charts. However, the volume was not heavy. AMEX:DIA also broke the up trend from the bottom in 2022 SERIOUS DAMAGE has been done the last 30 days. We can get a bounce here BUT being Friday, not sure. --- The previous MONTHLY BEARISH moving avg crossover on the DJ:DJI happened in June 2008. We all know that year. The RSI in 2008 showed clear Negative Divergence & it formed a Doji (cross) at the top. 2008 bear > 14k - 7 = 50% CV bear market > 30k - 18K = 40% 2022 bear market > 36 - 28 = 22% --- Using AMEX:DIA as it resembles DJ:DJI pretty decently IF 2021 was the top, looking more & more likely as: RSI did not move strongly 2021 showing Negative Divergence AND the recent rally was SUPER WEAK! (wanted to see a stronger relative strength) But rates can now be dropped & they can come and save the day. Very likely scenario in 2024.
DJ:DJI
by ROYAL_OAK_INC
DIA is Ready For an Explosive Bull Rally | DIA Analysis Today💎Paradisers, turn your attention to DIA/USDT! The asset has just escaped a well-defined trading range and is setting the stage for a likely bullish surge. 💎If this breakout unfolds as we expect, get ready for a significant upward rally with DIA. 💎It's important to highlight the two verified order blocks in the shorter time frame. These zones are probable targets for the DIA, considering the liquidity present there. 💎Reflecting on past trends, we saw a transition from a demand to a supply zone, resulting in a significant price drop and targeting the previous Order Block (OB). 💎In the ever-evolving landscape of crypto, staying vigilant and flexible is essential. Keep those charts refreshed and stay tuned for more updates!
Long
by MyCryptoParadise_Simon
$NDX $SPX $DJI forming ominous patternAs we mentioned yesterday, the TVC:NDQ is poised for a big move some time this month. After posting that, noticed this pattern. Was busy so didn't write it up. Was out all day celebrating daughter & nephew's bday🎉 Do you see it on the DJ:DJI & CBOE:SPX as well? We bring up the Head & Shoulder Pattern every so often. It signifies tops. HOWEVER, this pattern needs the confirmation of breaking the neckline (bottom line - support), especially with volume. TVC:RUT stays in channel the entire time #stocks NASDAQ:QQQ AMEX:DIA CBOE:SPX AMEX:IWM
NASDAQ:NDX
by ROYAL_OAK_INC
Nasdaq Futures - Are You Prepared For Red September?The last ten days of price action produced a retrace of significant magnitude that was very kind to institutional friends who were net long from early June. That is to say, what has transpired since all three indexes took their January of 22 failure pivot levels in early July has been more consistent with an optimal short entry combining with a bull trap, combining with a chance for big players who were either still full long or partially long to mitigate their losses and exit their positions. But retail, especially those who foolishly follow the messages emitted on social media, regard price action as "confirmation" that we're on our way to a new bull market. The macro economic situation is that the Federal Reserve has reiterated that while it may slow the pace of hikes going forward, depending on economic data, there is no intention whatsoever to pivot. When you consider the above in light of monthly candles trading so far above their long-term trendline, big big danger flags should be going off in your head. The reason is that Fed rates connect to bond yields. Bonds also have a feature where as they pay more interest the price also goes down, way down. What this means is that there's huge alpha to generate for big funds and big banks who trade very long time frames in selling equities at a high price, buying bonds at high yields and low prices, and sitting on that position instead of taking risks on commodities and equities while the world is in a really bad situation. Weekly candles show us more clearly that significant areas of concern that should be retraced to before any further upside is rationally thought to be on deck were not achieved before the bounce. A big problem facing the markets at present is the existence of the Q3 "JPM Collar," which I discuss here: SPX/ES - An Analysis Of The 'JPM Collar' It's worth noting that JPM, which sold calls with a strike of 4,665 at the end of July, has not been in the red on that portion of their position yet, although whoever bought them has certainly made money since price approached 4,665 very quickly after purchase. The bigger component of their trade is that the most significant bank on this planet is long 15,800 puts with a strike of 4,225 that have never been in the money since they were purchased. Expiry date is September 29. Because of time decay, for JPM to break even on that portion of its position, we would need prices approach 4,000 and the VIX to push over 20 to pump implied volatility premium, and all in only a few weeks. And although this is a Nasdaq call, one index fuels all three indexes. A problem with thinking the indexes have bottomed is that while the Nasdaq may have rebalanced a gap before the pump, the SPX did not: And even less did the Dow, which has traded like a heavy bag of rocks despite having the strongest recovery from last October's dump of any of the three indexes. The algos have a habit of making all three indexes do the same thing before the page really turns. You're also dealing with a worldwide economic and geopolitical situation where everything is heavily balanced by a horsehair. And that horsehair is the Chinese Communist Party, which looks like it will take Xi Jinping to its grave with it. The CCP is about to collapse, and it will happen overnight, in the middle of the night, and there will be a lot of gap downs. The reason the market is still trading in a structured way is simply because the U.S. Empire and the globalist faction, which wants to install the CCP's Zero-COVID Social Credit system worldwide, ramble on about "War With Taiwan" all the time because the intention is to take control of China when the CCP falls using a Taiwan-based proxy. "But the best laid plans of mice and men often go awry." The problem for all of humanity is the 24-year persecution of Falun Dafa's 100 million spiritual practitioners by the CCP and former Chairman Jiang Zemin starting July 20, 1999. Organ harvesting, rape, murder, and things worse than organ harvesting have never been beneath the CCP, and unfortunately, the rest of the world who has been funneling blood to the Party all these years to keep it afloat so it can keep on lying to the world. And so what I can tell is arranged is that we dump hard into the end of Q3, and then it seems to me that we rally in Q4, probably back towards the index highs, with all of 2024 being an economic nightmare. Donald Trump looks like he's going to prison and won't be able to save you. Not that Donald Trump is capable of saving anyone, lol. So Biden will win by default because nobody is going to vote for DeSantis or Vivek, and the socialist spending schemes and the crashing of the world economy is arranged. But because the CCP is on the brink of falling and China is not a country that any outside forces have ever been able to capture in its 5,000 year history, perhaps before the year is out we will see the rally truncated sharply. "Watch Out For Fire." The call: Short Nasdaq now anticipating a ruthlessly bloody September, close under 14,000. Go long under 14,000. Close when you have a lot of profits and cash out. Brokerages aren't going to be processing withdrawals anymore than Binance is right now when the CCP collapses. Everyone will be trying to run for their lives. It's very dangerous. Nobody should have supported Marxist-Leninism, the CCP, and the persecution of Falun Gong's true cultivators. But they did. And the consequences are not something people can bear.
CME_MINI:NQ1!Short
by LordWrymouth
13
SDOW: Bullish Dragon and Deep Cypher with PPO ConfirmationThe 3x Inverse ETF of the Dow Jones Industrial Average has formed a Bullish Dragon and has broken free from it at the PCZ of a Bullish Deep Cypher with a Bullish PPO Confirmation Circle. If things go as one would expect, then we will see this ETF pump up to at least the 61.8% Retrace, but given how Bearish so many of the Heaviest Weighted Holdings in the Dow look right now like: MCD , UNH , MSFT , GS , and AAPL , I now think we may even go as high as the 88.6% Retrace.
AMEX:SDOWLong
by RizeSenpai
1
$DJI looking good but OMINOUS longer term pattern emergesGood Morning! Since the call on DJ:DJI , it has been up & adding some more today. Within 2 weeks AMEX:DIA is going to break down OR it will continue it's longer term up trend. Bulls like this current action. HOWEVER, there is an ominous pattern forming on longer term charts. A Rising Wedge pattern tends to be BEARISH. Not coincidental that the peak is very close to the all time highs on $DJI. (Not shown here, pls see profile for more info) Monthly AMEX:DIA has been trending inside it PERFECTLY! It's going 2b an interesting end of year Coincidentally, the pattern resolves in December.
DJ:DJI
by ROYAL_OAK_INC