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Djia

DOW JONES Buy SignalPattern: Channel Up on 4H. Signal: Buy after the MACD makes a bearish cross and drops below 0. Potential low when the RSI approaches its Lows Lows trend-line. Target: Calculate it to be near the 1.236 Fibonacci extension. Modest estimate 30600. ** 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 ==> TradingView --------------------------------------------------------------------------------------------------------
CBOT_MINI:YM1!
by TradingShot
2
Will the stock market decline if DXY holds this Support?This is a simple yet very informative study showing a comparison of Dow Jones against DXY (U.S. Dollar Index). Since early 2015 the DXY has been ranging (wide range but still range) and especially after 2017 it established a clear Resistance (103.800 - 103.000) and Support (88.200 - 88.900) Zone. Every time it hit the Resistance and got rejected (Jan 2017, March 2020), Dow Jones started rising aggressively. Similarly when DXY hit the Support Zone (Feb 2018), Dow Jones (though volatile) made a new Low. The DXY is currently very close to that Support Zone. Will another rebound here kick-start selling on the stock market? That chart certainly shows that. However we have to consider the (much longer) Cycles of DXY on a decade span (I posted that chart earlier today), which suggest that there are increased chances of breaking this Support. Which scenario do you think will prevail? Will DXY hold this Support and cause selling on stocks or the opposite? Feel free to share your work and let me know in the comments section! Please like, subscribe and share your ideas and charts with the community! -------------------------------------------------------------------------------------------------------- !! 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 ==> OCDJ --------------------------------------------------------------------------------------------------------
FOREXCOM:US30
by TradingShot
3
DOW JONE Buy SignalPattern: Rising Wedge inside a Channel Up. Signal: Buy as the price hit the 4H MA50 on the Higher Lows trend-line of the Rising Wedge. Target: 30300 (The Higher Highs trend-line of the Rising Wedge). Please like, subscribe and share your ideas and charts with the community! -------------------------------------------------------------------------------------------------------- !! 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 ==> superkitty --------------------------------------------------------------------------------------------------------
ULong
by TradingShot
DIJA/USA30 TradeHello guys, I haven't published anything in a while but im back at it again. I have been looking for a few charts to find a nice short term trade and I wish to help you guys understand my strategy so that you may use it yourself in future trades. My win-rate with my strategy is roughly between 75-90%, and opposed to the hacks making youtube videos or selling trading signals, I am not lying, nor am I trying to gain money from you so there is no conflict of interest. As you see I am using a divergence strategy, it's my favourite because it will save you from taking bad trades on breakouts or doing stupid things like buying/selling where the market is reversing. I would highly advise anyone going into trading to learn how to spot divergences, it can appear in multiple indicators but my go-to is the RSI as I feel like it shows itself more clearly, but this is a matter of preference. The DJIA is on a clear uptrend now as you can see in the daily chart, and is currently in a pullback which was also warned by the bearish divergence on the resistance line going across the past few peeks. It then created a bullish divergence close to the support line which is where I made my entry. Due to having to log back into my trading account I did not manage to get in when I wanted but my price is around 30.025, which is still alright. I would advise everyone to only take trades in the direction of the trend, of course with divergence you can trade both ways, but your win/loss ratio will likely decrease. My TP stands currently around 30.250, giving me a gain of little under 1%, however my leverage trough CFDs are 1:30 meaning my total potential profit will be around 30%. However I would not recommend using leverage over 1:5 or 1:10 if you are not experienced in the market, as that 30% win could easily be a 15% loss depending on your risk management.
FX:US30Long
by DonBboy
UDOW (leveraged product) used to Trade Sentiment of DJIAI use UDOW when I'm bullish on the DJIA, which I am. Yes, a leveraged product which inherits more RISK. This is not investment advise. A picture perfect ascending channel has formed. (blue lines) Start trimming positions at UDOW 104/share. No need to short, trust start trimming. BUY back more UDOW at bottom of blue channel, likely around 84, at orange line of support convergence. - Status Date: Dec 03, 2020 - Stay cool, stay humble, stay safe. - Cryptmando
AMEX:UDOWLong
by Cryptmando
Restraint at the highs📌 SPX has had its advance cut off; an attempt to cap it from the reckless advance allows the possibility of a panic blow which is decisive and impulsive in such situations, namely the invasion towards the pivot. This idea illustrates the stratagem of a major high against a 'positive' news flow. Since the Vol expansion is necessary for the defence of the highs, an exchange at 21/22 is the way we defend. You should memorise this move of forcing our opponent to make up their mind, after clearing the positivity newsflow around vaccine and etc we are going to have 'diversion' introduced. This should be considered playing against, contested elections and uncomfortable positioning from stimulus expectations leaves the entire board looking vulnerable. Thanks as usual for keeping the feedback coming 👍 or 👎
OANDA:SPX500USDShort
by ridethepig
13
S&P500 Saw Another Re-test TodayThe Index started to selling off again heading into the afternoon session. Price came close to this week's low made on Monday, but it held. Now price is trading almost unchanged for the day, down -.09%. In the mid-term, as long as the price holds above the trendline, the S&P500 is looking bullish. From a swing trader point of view, the index will not look bearish until it consolidates below 3500. The keyword here is to consolidate! This market has seen a lot of false breakouts whether it's a bullish or a bearish move.
OANDA:SPX500USDLong
by EmpowerTrader
DOW JONES The RSI shows extension to this rally. 30500 eyed.My focus on DJIA is on the 1D time-frame where the RSI is approaching the 77.000 Resistance. This is a 5 month old trend-line and it appears that with all the positive fundamentals involved, the rally can be extended until this level is tested. An even more interesting find is that every Top since the March meltdown, is on (or near) the -0.382 Fibonacci extension of the previous. That was spot on for the June 09 Top and the September 02 Top. This time the -0.382 Fib is at 31000. Does it make sense to target 30500? Recent DOW JONES signal: ** 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 ==> seba26-77 --------------------------------------------------------------------------------------------------------
ULong
by TradingShot
DOW 30k! 💨After the election results, the Dow jumped to new record highs on Monday, marking its high just shy of the 30k milestone. Our primary expectation is a breach of the 30k mark and a continuation of wave iii in orange. To confirm the outbreak, the Dow must break above the 30k mark. Should the bears send the market on a detour, and the support at 28781 is broken, we expect the further downward movement towards the next support line at 27648. One way to play the current scenario is to place entry orders above and below the mentioned decision levels. The upcoming days will be filled with suspension!
CBOT_MINI:YM1!
by MarketIntel