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Djianalysis

The Best (passive) Index SHORT in the world. - The Dow!The Title Chart is the DJIA/Nikkei225 - the best of them all. Here are the rest; This one is not very representative since it reflects the weakness in the Pound. Still, it is a country-mile better deal than holding the Dow (Long). Well, you get the idea as the rest of the worldwide indexes reflect the same story, across the board. (With the Asian Indexes leading the pack vs. the DJIA!) One other, important issue to consider that these - above -declines haven't even factored in the Currency Differential(s) between between local currencies and the U$D. - Doing so, the Dow has an even grimmer future.
TVC:DJIShort
by Nemo_Confidat
DOW JONES (DJIA) – Week 10 – Bearish pressure increasing.The main stock market Indices had a strong session on Tuesday as Treasury yields backed off a bit. Dow Jones hit a record high before backing off with expectations that The House will pass the vote for the $1.9 trillion Biden stimulus bill on Wednesday. Technically speaking, the price made a new historical high, reaching the 32180.0 level. At the moment it looks like this bullish move needs some space to breathe, as the price started to lose some momentum at the upper channel line. We expect a bigger degree bearish pullback to take place, with a chance to find some support around the 30k level. If that area is breached, we anticipate the momentum to increase and continue towards our first target in order fill the GAP created at the beginning of November. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move
TVC:DJIShort
by financialflagship
34
DJI FORECAST AND COMMENTARY - DOW JONES INDUSTRIAL AVERAGEDow Jones now trading at the area I would expect a turn around. It could push right through before retracing. I would look for a modest short position in this area with a tight stop loss above 52.5, taking profits at the lines below. Possibilities are 1. it comes down to the orange and tests highs again. Or 2. It comes down to the red line before testing highs again. Or 3. The damn thing just continues upward. Hope this helps your trading ideas but remember this is NOT financial advice, do not take trades based solely on this idea, I am not a financial advisor. This is record keeping only. This is also more commentary than a call but I'm marking it a short call. :P Be safe out there yall.
TVC:DJIShort
by SatoriTrades
1
DJI 90 year-old Dow Jones index hints at correctionGlobally, Dow Jones industrial index has been on the growth for almost 90 years since the Great Depression. Ironically, World War II launched an industrial boom in the United States that pushed the index up. It took 30 years and increase in 10 times of the DJI value before a more or less significant correction took place in 1973 , and the oil crisis can be called the main driver. The next corrections came again 30 years later: the crash of the Dotcoms of the 00s and the financial crisis of 2008-2009 , which should already be in the minds of most readers. And now, not a simple 2020, closed with the Japanese candle "hanging man" , which can be regarded as the first bearish signal. The collapse of the index in the spring 2020 through the first wave of coronavirus, and then its rapid growth amid subsidies to the population and the economy, formed a large shadow under the body of the candle. How long will the economy be supported by the US printing press, will vaccination have an effect, or maybe something else will happen, we do not know... But according to candle analysis, if the next candle behind the Hangman opens lower , then many traders may want to consider selling. It's very interesting how the trades will open in 2021! You will say that journalists refer more to the DJI index , and traders are guided by the S&P 500 (by the way, Tesla shares were added to the index a week ago) and you will probably be right. The Dow index has been calculated since the 19th century and is historically very important, but in 1957 appeared a competitor S&P 500. All the same, the S&P 500 index, which includes the value of shares of 500 companies, more realistically shows the mood of the modern market than the Dow Jones industrial index, which includes only 30 companies. We have added the S&P 500 to the chart below and what do we see? Another "hanging man" or Hangman. By the way, it's not bad enough, historically they work out Fibo levels on the indices , everyone can find something that he likes. Write in the comments, your expectations for 2021
TVC:DJI
by P_S_trade
18
Dow Jones – The advent of Diagonal pattern on the 240minuteChartThere is the probability for the completion of the first 5 ascending wave of 1 / A (Weekly Chart ) In the weekly chart, we had this wave counting, this uptrend is likely in the wave 5 from point of 1 / A. ( Daily Chart ) In the daily chart, with the end of wave 4 in the range of 18213.70, the 5th wave has started, currently the price is in the sub-waves of the V wave. The Diagonal pattern is formed in the 240-minute chart, which can be ended in the range of 30325 to 30500, this pattern will be confirmed by crossing the price from the range of 29820. The targets of this pattern are the range of 28920 (starting point of the pattern), by considering the gap, we can also include the range of 28440. The third target is in the range of 26143.
TVC:DJI
by NirmataFX