Dow Jones CYCLE? EXPECT VOLATILITY AROUND JUNE 11 - 18?Dow Jones CYCLE? EXPECT VOLATILITY AROUND JUNE 11 - 18? Is the Dow Jones about to end a cycle and start a new cycle? Will price pull back significantly after the push towards $36,000? Or, will it explode to the upside? We will see? Manage your risk? Not financial advice.
Djia
2021-05-29 DJIA Birdseye view 1929 till 2021Sometimes one needs to take a step back to see the bigger picture on what is going, to learn from the past and start making plans of actions on what to do next ✌
1929 Crash (Wikipedia article)
en.wikipedia.org
1987 Black Monday Crash (Wikipedia article)
en.wikipedia.org(1987)
1999-2000 Dot-Com Bubble (Wikipedia article)
en.wikipedia.org
2007-2008 Subprime Mortgage Crisis (Wikipedia article)
en.wikipedia.org
Dow Jones Industrial Average - Final push to $36,000?Dow Jones Industrial Average - Final push to $36,000? Will it happen during the First week in June? After price hits around $36,000, we may get a major pullback. We will have to monitor the market closely and expect volatility at that point. Expect some sort of shake up around early to mid June. We will see. For now the market is still bullish.
DOW JONES Buy SignalPattern: Channel Up on 1D.
Signal: Buy as the price hit the 1D MA50 (blue trend-line) and the zone within the 1D MA50 and the 4H MA400 (yellow trend-line) has been a buy opportunity within the Channel Up. Also the previous -5% pull-backs have been buy opportunities, both of which made a bottom within that zone. In addition, the RSI bounced on its Support Zone.
Target: 35800 (every such pull-back has rallied +8% to the 1.5 Fibonacci extension).
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DJIA is my wave count correct ?There is not much to write here if My count of the Elliot waves is correct I would say that 35k up to 38k will bring solid correction.
I would expect harmonic pattern of 3 correcting waves if this analyse is correct.
Expecting also USD to grow stronger and BTC to go lower than current price.
I have not much experience with DJIA index but after what I saw the very low GDP of most of the coutries and huge spike in prices of equites commodities
I suspect that the bubble might be hiding somewhere
Dow Jones: Good Things Take Time 🌱🌱🌱Yes, we are in the middle of a global correction and the Dow Jones will still lose strength going forward. However, we expect the industrial index giant to fall between 33286 – 32756 points at max, before planting the seed for more sustained growth afterward. In total, we should see the Dow rise to somewhere around 36981 points, given that it stays above 31951 points during the current movement.
Be patient!
Dow Jones - Elliott Wave Technical Analysis5th wave has still some room to go up as usually it's as long as 1st wave.
Fib Extn for this wave from bottom of 1st wave to top of 3rd and extending it to 4th (bottom):
--------------------------
- We are now at 0.236 Fib Extension $34,550, 0.382 is around ~$35,090, 0.5 is at ~$35,500, 0.618 around $35,958
Good Luck!
Dow Jones: C’mon Do Something! 😴😴😴The Dow Jones has been relatively quiet for the past couple of weeks. Our primary expectation is that the course is going to decline and dip into the target zone with the coordinates of 32850 – 32430 points. From there, we expect the course to increase again and reach new all-time highs. As long as we are above 33646 points, however, there is a 45% chance that the Dow is directly pushing up North.
Stay patient!
$CINF (Cincinnati Financial Corp) - Long to $160 Here is the analysis behind my latest stock purchase $CINF (Cincinnati Financial Corp)
PE Ratio (Trailing) = 5.42
ROE = +29.9%
ROA = +11.4%
ROIC = +10.9%
Solid data there and then the cash situation looks very strong. cash flow is growing but capital expenditures are not meaning the free cash flow is growing in recent years with the most recent 12 months bringing in 1.65 billion
We have 947 million in total cash and 905 million in total debt so this is a well balanced company from that aspect. Considering the debts are well managed and the growing cash flow inline with the average growth of just over 7% for the last 10 years, this to me looks like a strong company that is currently undervalued.
I believe the intrinsic value of this stock to be at $160 based on the current fundamental data
DJIA - Long and short Setup Breakout or Breakdown US30LTF Analysis on the Dow
Closing in on the Apex so a break to the upside or downside is Iminent.
See chart for trade setup if you take it ..
Ensure to know your Invalidation and use a SL
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East vs. West; The Nikkei will obliterate the Dow!!... And that's without even the currency differential factored in! (... which should add an additional +8%-13% to the down-side.)
This spread currently sits right at the Quarterly Pivot.
As it stands, under even the most unlikely circumstances (worst case scenario) this spread, the Short DJIA / Long Nikkei225 , is a 4.5:1 R/R trade. A trade that anyone should take, especially if one finds oneself being forced to stay long equities - for some inexplicable reasons.
The Weekly;
US30 update33800 is an important support line for us30. If Dow breaks this area, which also means that Dow breaks Kumo cloud and we will probably see lower prices for US30.
Dow Jones 30 Analysis, April 20Hi traders, DJIA opened the day lower, together with other major global indices after a strong sell-off in the stock market. The only index that traded higher today was the Hang Seng, but it also gave back some gains ahead of the closing bell in Asia.
Now, DJIA is trading near a well-defined channel support and the 61.8% Fib level, which could provide some support for the index.
Falling US yields are also making bonds less attractive when compared to stocks, and the Fed's stance to keep rates "lower for longer" could see some buyers joining the stock market again.
A fall below the 33,900 level could see further downside potential, while an acceptance of that level would attract buyers and possibly see a retest of recent highs - given that positive risk sentiment persists in the market.
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