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DOW JONES may give more buy opportunities on this patternThis is an update to my most recent Dow Jones idea that gave the buy signal on the bottom of the Channel Up a week ago: The index has been rallying aggressively since then and now faces the first important Resistance (black dashed line). This may be an Inverse Head and Shoulders pattern similar to the June one. That has given two buy opportunities on the 1D MA50 (blue trend-line)/ 0.5 Fibonacci retracement level and the 0.618 Fibonacci retracement level before the final rally of that phase towards the 0.236 Fibonacci extension. If you didn't catch the bottom buy already, be on the look out for those potential buy opportunities. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
U
by TradingShot
3
The "TLT" Bonds (Updated)Auctions have been releasing offering higher rates as of late. Our previous target of 61% retracement has been rejected so far. On the 1 hour, the previous high was broken with no new lows being made. On the 15 min we are at a light support. I would like to see a stronger support, however, due to recent auctions and higher yields, I could see more bonds being bought soon even with the Fed tapering. Let's see what happens. Yields normally fall when the price of bonds rise. This could be bullish for investors.
NASDAQ:TLTLong
by Redimere_91
The "VIX"The Vix has reached the 61% target retracement. On the 1 hour timeframe, a new low has been made even with the previous high being broken. The 15 min looks the same. We could be running out of gas soon. However, let's see if the 88% retracement is the next level! We are fighting the 200 ema right now. Let's hope for a push down to around $16. Since July, price seems to like this area. This would be an 88% retracement and would be bullish for the market! I want the Santa Rally!
TVC:VIXShort
by Redimere_91
Dow Jones (DJIA) | Best point for sellHello traders, FTSE 100 (UKX) in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe. According to the count made in this index, waves 1, 2 and 3 are formed and are now at the beginning of wave 4. Depending on the shape of wave 2, wave 4 will probably move deep, at least to 0.5 fibo, and will lengthen over time, and it can be said that wave 4 will be a flat. The first movement of the flat to the pink line is formed after the confirmation and failure of the red circle. 🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏 ❤️Please, support this idea with a like and comment!❤️
TVC:DJIShort
by mahdisoltaninjad
2
DOW JONES Buy opportunity on the 1D MA200 and 0.618 FibPattern: Channel Up on 1D. Signal: Buy as the price reached both the 0.618 Fibonacci retracement level as well as the 1D MA200 (orange trend-line). The last parameter to fulfil is the RSI Support, so allow margin for one last low at the bottom of the Channel Up. Target: 36500 (Resistance and All Time High) and 37000 in extension (Higher High of the Channel Up). -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
ULong
by TradingShot
1
DOW JONES approaching the 1D MA50Following the new top on the Higher Highs trend-line of the multi-month Channel Up, the index got rejected and has been pulling back since. It is approaching the 1D MA50 (blue trend-line) which serves as a technical medium-term Support. If it holds then I expect a strong rally towards the 0.236 Fibonacci extension setting a personal target at 37000. See how the 1D RSI is also near its multi-month Symmetrical Support. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
ULong
by TradingShot
2
Future DJI Top - Great Depression cycle overlayStripped the chart down to the 2009-2021 current bull market fibs, and the Great Depression bottom to future top fibs, with an overlay of the DJI chart leading up to the great depression in 1929, with some very stark similarities (outside of covid, and the pullback im expecting here, though we got ahead of the great depression cycle both times to warrant a pullback). Again, I know im getting way ahead of myself here, but these fibs line up too damn well for me to hide these charts in private.. so if this plays out, you heard it here first.
TVC:DJI
by JustoMcGusto
3
DOW JONES entering a transition Channel as in late 2020.This is not the first time I bring forward the ideal of Dow Jones following this 2020 fractal: As you see from my October 01 idea above, this fractal comparison accurately projected the bottom of the Channel Up (blue) and the subsequent rally that followed. This time I am expanding this idea on the Fibonacci scale, as DJI broke above the Channel Up and hit the 1.382 Fibonacci extension from the bottom. On November 09 2020, the price also broke above its Channel Up (blue), hit the 1.382 Fib extension and then entered a new (green) Channel Up, which I call transitional as it took the index from the first Channel Up (blue) towards the higher extension levels of the Fibonacci Channel in early 2021. During that time the RSI (always on the 1D time-frame) turned sideways, indicating this Transition phase more clearly. I am expecting a similar process until the end of the year, meaning a pull-back towards the 1D MA50 (blue trend-line) is possible but as long as it supports, we are more likely to see prices above 37000 at the end of the year. -------------------------------------------------------------------------------------------------------- Please like, subscribe and share your ideas and charts with the community! --------------------------------------------------------------------------------------------------------
U
by TradingShot
4
Am I Crazy to Expect DJIA to Drop by 8000 points Long Term?Markets are strong and the outlook currently is very bullish. So anyone who thinks that markts will drop significantly in the mid to long term would be laughed at right? But i just cant help but notice that markets are way too high at the moment. everything seems pretty over valued - although market analysts will say the valuations are just about at the right level if not still low. Could all these excellent company earnings be transitory, thus skewing the markets? or perhaps theres something more to come, such as another wave of teh pandemic that could pull the markets down. Whilst we are yet to see what it could be... my better judgement of technical alalysis tells me we could see a big correction in the markets over the long term. Im aiming for around 26,000 for teh DJIA. Time will tell.
OSE:DJIA1!Short
by nmiah7c
DOW JONES Top of the Channel Up. Pull-back possible.It's been a while since I updated my Dow Jones thesis. The most recent one (Oct 13) was on the short-term 4H time-frame, where I identified a buy signal on this Inverse Head and Shoulders pattern: The longer-term one though was last updated on October 1 and this is where I come back to today as well: As you see, the bounce on the 1D MA200 gave a perfect bottom buy signal and the 35900 target has been achieved. Even though the long-term target is the 1.382 Fibonacci extension (36,450), the price is trading very close to the Channel Up with the 1D RSI on Lower Highs. This RSI formation has been recently seen on tops with the price correcting afterwards to the 1D MA50 (blue trend-line) and the 1D MA100 (green trend-line). On this index, it is best to wait for such contact before targeting the eventual 1.382 Fib extension. -------------------------------------------------------------------------------------------------------- Please like, subscribe and share your ideas and charts with the community! --------------------------------------------------------------------------------------------------------
U
by TradingShot
5
DOW JONES Buy SignalPattern: Inverse Head and Shoulders on 4H. Signal: Buy as the price is close to completing the Right Shoulder and is on the 0.382 Fibonacci retracement level. Target: 34700 which is the 0.786 Fibonacci retracement level just below the Lower Highs trend-line. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
ULong
by TradingShot
2
$VIX - Key Levels and Analysis - Another View - Daily Timeframe$VIX - Key Levels and Analysis - Another View - Daily Timeframe ————— I posted a VIX study earlier today on the 1W timeframe (it’s the post directly before this) Now bringing it down to the Daily chart - another bearish MA crossover. Always a deep spike when these averages cross. YIKES… I hate being THIS bearish… but I do not think is is good. Trade carefully guys. I personally love volatility, but just know your limits - it could get bumpy —————— 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. My average is in Grey Red = Resistance Green = Support Blue = trendlines If you want me to analyze any stock or ETF just leave me a comment and I’ll do it if I can. Have fun, y’all!!
TVC:VIX
by SPYder_QQQueen_Trading
5
DJIA (Wall Street) sees its worst month of the year – where to nThe Dow Jones Industrial Average (DJIA / Wall Street) finished the month of September trading down -4.3%, its largest 1-month decline of the year and more than twice the -2.0% drop that it saw in January. So where does that leave the most popular US index? In a word: Adrift . After rising consistently from last November through this September, the Dow has now fallen out of its 10-month bullish channel. In fact, despite unprecedented levels fiscal and monetary stimulus from US policymakers, the index is now unchanged since mid-April. Moving forward, the most relevant technical structure to watch will be the sideways range between support near 33,700 and resistance up at 35,500. Though the current technical view bias is neutral, a break below the bottom of this rectangle and the rising 200-day EMA near 33,250 would open the door for a deeper retracement 31,000 or even 30,000 next, while a bullish breakout above 35,500 would signal the resumption of the longer-term uptrend.
FOREXCOM:US30
by FOREXcom