Get started

Djia

DOW JONES near the 1D MA200/ first time since October 2020!Dow Jones is trading within a Channel Up that has recently broken below the 1D MA100 (green trend-line). This is the first time in two months that is giving the first strong buy signals: * The RSI is near the 30.000 level which has marked price bottoms on June 18 2021, October 29 2020 (in the post COVID crash era). * The price is approaching the 1D MA200 (orange trend-line), with the last contact dating back to October 30 2020 (the line held and issued an aggressive rally post US-elections). * The pattern resembles the June - October 2020 Channel Up. The price hit the 1D MA50 (blue trend-line), 1D MA100 and 1D MA200 in the same order and manner. Naturally the market is waiting for Fed's confirmation tomorrow before it engages aggressively on high volume but this is the time technically to start considering a buy entry again. Based on the Fibonacci extension model, a target of 35900 seems very plausible. ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** -------------------------------------------------------------------------------------------------------- !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !! 🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> Vergnes --------------------------------------------------------------------------------------------------------
ULong
by TradingShot
2
DOW sitting on support. The DOW hit all time highs last month and since then has been consolidating its gains. More importantly, the index broke the ascending trend line from the Covid lows back in June. However, the index didn't turn bearish at that point, we grinding higher and consolidated all summer. Today, the Index is parked on another ascending trend line since February 2021. Arguably it is this years "trend." We feel it is important to start monitoring for near term weakness especially as the RSI points lower as it has been divergent since the spring. 
FX:US30
by ForexAnalytix
DOW JONES pattern to 36000Pattern: Channel Up on 4H. Signal: Buy as the price made a rebound on the 4H MA50 (blue trend-line). Target: 35900 lower risk (just below the Higher Highs trend-line) or 36500 higher risk (a roughly +5.50% extension top from the MA100 low). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** -------------------------------------------------------------------------------------------------------- !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !! 🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> nevada999 --------------------------------------------------------------------------------------------------------
TVC:DJILong
by TradingShot
1
Lines in the sand for DollarIt seems a timely choice to update the dollar chart. Extending the characteristic positioning in the previous euro chart, seems to me to be more in accordance with the needs of 93.75 - 94.00 holding and acting as a reliable guardian for the remainder of August and September, but the threat to an attack higher is real. In the DXY chart, buyers will need to make good use of the whitespace above as an attacking battlefield. Things are quite different in the ladder between 95-96, where we are talking of the complex change in nature from corrective to impulsive; in fact we must consider both possibilities as valid in their characteristics From a geopolitical risk perspective, the task of sellers defending the 94 handle is also complex, buyers can see the problem of restraint they are having and could aggressively rush to USD, moving DXY higher with a hint of more risk (Afghanistan, Taiwan etc). With all that said, the long term structural decline of the West looks underway with migration Eastward. This will be a multi year/decade long process as long as Dems are at the helm. My impression is as follows; we are trading towards the top end of the range, here actively looking for opps to trade 93.7x/94.0x => 90.6x. This C leg can extend as high as 95.4x and still be valid. Invalidation and reassessment of the view will only be required above 96.3x.
TVC:DXYShort
by ridethepig
38
Weekly Market Wrap (13th August 2021)This is weekly Market Wrap. Here readers can view price of particular securities at market close ending week 13th August 2021. Forex (13th August 2021): EURUSD – Close price = 1.17949 USD EURAUD – Close price = 1.59998 AUD EURCAD – Close price = 1.47591 CAD EURGBP – Close price = 0.84989 GBP USDCAD – Close price = 1.25135 CAD USDGBP – Close price = 0.72108 GBP Commodities (13th August 2021): Gold (XAUUSD) – Close price = 1779.900 USD Silver (XAGUSD) – Close price = 23.75 USD WTI oil (USOIL) – Close price = 67.93 USD Brent oil (UKOIL) – Close price = 70.22 USD Indices (13th August 2021): Nasdaq (NDX) – Close price = 15136.68 USD SP500 (SP500) – Close price = 4460.83 USD DJIA (DJI) – Close price = 35515.39 USD DAX (DAX) – Close price = 15977.440 EUR Disclaimer: This analysis is not intended to encourage buying or selling of any particular securities. Furthermore, it should not serve as basis for taking any trade action by individual investor. Your own due dilligence is highly advised before entering trade.
Long
by Tradersweekly
4
DOW JONES may need to hit the 4H MA200 to go higherPattern: Channel Up on 1D. Signal: Buy if the price hits the 4H MA200 (orange trend-line) as it is the most optimal buy signal in the past 2 months. Target: 36400 (the 2.0 Fibonacci extension). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** -------------------------------------------------------------------------------------------------------- !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !! 🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> nevada999 --------------------------------------------------------------------------------------------------------
TVC:DJI
by TradingShot
4
DOW JONES can rally on this Inverse Head & ShouldersPattern: Channel Up on 1D. Signal: Buy as the price is about to complete an Inverse Head and Shoulders within the Channel, similar to January/ February. Target: 36450 (the 2.0 Fibonacci extension). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** -------------------------------------------------------------------------------------------------------- !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !! 🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> RyodaBrainless --------------------------------------------------------------------------------------------------------
TVC:DJILong
by TradingShot
8