Djianalysis
DJI going upwards?Hey everyone,
the DJI gos more sideways than everything else. The base of the triangle can be used as a goal prediction if you put it on the front of the triangle. The front is also the time when this goal should be reached. Normaly the price leaves the triangle in the previous direction.
But the DJI will have to face a few resistance zones on it's way.
Much fun with that trade!
Leave a follow, my goal is 200 :)
DowJones - Only levels I'm playing right nowLong above upper black
Short below lower black
Keep it SIMPLE
DowJones - I'm short and its losing momentum at 27KAlways take profits on the way down but we are against heavy resistance here around the 27K area.
DowJones index........How I'm playing itLong above "upper black" or short below "lower black."
Don't over complicate your trading.
Keep it simple and stay patient and take profits and move stops when the market moves in your direction.
I have my stop orders in place. Join me in trading it on PrimeXBT. Feel free to DM me for a referrel link and 50% off trade fees.
Cheers and happy Monday!
Neutral on DJIA (DOW) , will long at upper black if brokenWill look at a scalp long if $26,005 breaks will layer profits in from 50 to 200 points as there was a strong move opening up on Sunday.
I have stop/buys orders in place. Please keep in mind this is not a long and my order will not be executed until $26,005 breaks (if it never does that is ok) I will cancel my order.
About me:
I keep trading as simple as possible. Will not give my method but will give you entries.
Don't get greedy. Take profits quick when in green.
Let's make money together!
DowJones + Dow30 Futures - Opening another short hereLooking for the DowJones to push toward $25,000 the upcoming days. Nothing is looking good and strong at the moment and believe we will continue to BLEED OUT.
About me:
I keep trading as simple as possible. Will not give my method but will give you entries.
Don't get greedy. Take profits quick when in green.
Let's make money together!
DJIA (Dow Jones) Futures Losing Momentum (I'm short)DowJones agianst resistance and losing momentum, I still believe we are in for a correction.
Currently in a short and always have layered profits down to my target or $25,750 (always book profits) and don't get greedy on the way down.
Questions or comments please let me know!
About me:
I keep trading as simple as possible. Will not give my method but will give you entries.
Don't get greedy. Take profits quick when in green.
Let's make money together!
Dow Futures: Strong Move to Open Sunday: Eyeing $26,000Will look at a scalp long if $26,005 breaks will layer profits in from 50 to 200 points as there was a strong move opening up on Sunday.
I have stop/buys orders in place. Please keep in mind this is not a long and my order will not be executed until $26,005 breaks (if it never does that is ok) I will cancel my order.
About me:
I keep trading as simple as possible. Will not give my method but will give you entries.
Don't get greedy. Take profits quick when in green.
Let's make money together!
TLRDOpened long here. Downside looks minimal with ATL around .88c and upside is massive. POC on Daily around $1.25 & Weekly POC $4.20 the trade looks good. I think the shake out is about complete as this stock got a lot of hype from Michael Burry being a large holder. I don't think $4.20 is on the table till Oct or there about with a large correction pending, but I do think $2.50-$3 is a reasonable TP. Stoch RSI oversold on all TFs except weekly which is currently putting in a HL on that RSI TF. I think 1-2 weeks we can hit my TP
ridethepig | Equities Breaking Down!📌 Flows to illustrate end-game cycle chains
-> Here we are tracking a very advanced flow, the struggle for Long Bonds to complete the final ⚠️ breakdown and trigger capitulation in debt . This would be more natural to develop ahead of US elections as it would imply maximum pain giving enough energy to help form a base on 'surprise' Trump victory.
To keep the pressure on we will see the usual talking heads; Fauci, Gates and the rest push for further lockdowns, but the correct flow was indeed called earlier in the month to switch from the 3,200 SPX which is when we went underweight US Equities. In the Dow, 26,500 is now acting strong resistance and will be difficult for buyers to crack that ahead of Elections; remember we also have no-deal Brexit and Covid all still to play for...
The unaware will continue to buy blindly, unpacking the scrabble box and load thinking its a one-quarter wonder recession - retail participation is shooting through the roof. It was a necessary ✅ to clear before we can see the Sovereign Debt Crisis. Smart hands are tracking the claims number and understand that recoveries DO NOT look like this:
Fortunately we were ahead of the weakness in Global Equities and Vol, but the rally has been difficult to defend:
This next leg lower can now be played. Seller's positioning after Witching with this little loosening move created the room to attack. In the immediate time; look to target a sweep of the lows before adding any US exposure for the next business cycle.
Notice how we still did not get into the 15,500 zone called earlier at the lows:
The courage to intentionally let retail hang oneself for weeks; just on account on a remote possibility of a second wave; is now sadly going to be rewarded. Look at defaults coming to our theatres very soon, sellers smell blood and have suddenly awakened to fresh activity!
We also have the VIX Panic Cycle entering into play right on time as forecast, it has been game, set and match for all of those trading VIX flows live:
Thanks as usual for keeping the support coming with likes, comments, charts and etc!
🤔 Will We Be Saved? (DJI)😯 It's very interesting to look at the large multi year cycles. This is a 3 month chart. Currently the upward support is being breached. Is this just the beginning or will we be saved?
3 Month Timeframe
Crossover Strategy: Red Doji
The EMA Dots: 3/3 Red (Last was april 2008)
The crash we have experienced stopped at old Resistance to find temporary support. Interesting. If broke the red line I believe we would see a serious collapse. Very critical to see if this recent rebound we've had can hold.
Have an awesome day! ✌
🥇MLT | MAJOR LEAGUE TRADER
$DJI Post Dump Market Analysis
Futures Gap Up & Futures Gap down just like clockwork
Thick lines = monthly levels
1st sell target short 24790
2nd sell target short 23360
Thinking the price is going to hold this long term trendline drawn in green around 23300, that's where i'm closing my short and turning into a bull
Market needs a well needed correction
If you like this indicator i'm using you can find it underneath my most recent scripts published , simply like it and add it to your chart
23300 is the accumulation zone and the start of the uptrend needed to hit for the price to continue moving up
don't bet against the patterns of the market you're going to get humbled
Dow Jones Back in Trend.......What we can see from dow jones previously was trading activity above trend resistance level (Red Level) followed by an interesting drop to trading activity below the trend support level (green bold line). However, the recent bullish movement have shown us the DJI is ready to continue its BULLISH movement and if we look at DJI movement currently, price level and moving upwards following this trend support and resistance line steadily (green and red bold lines). Economic data plays a large part in manipulating DJI beyond or below the trend support and resistance line as we see BULLISH continuation.
Technical Analysis:
Lets look in the TA perspective for DJI, we can see that DJI is obeying a an short term trend support level (drawn in blue). Interestingly, price level now is also at an important resistance level @26555 price level. We can also see it moving back in trend with price moving with in trend support and resistance level. Fibonacci Retracement also show us a rejection from 78.6 fib level and now currently testing 61.8 fib level again which I believe it will continue to fall testing 50.0 fib level where there is a strong support level there too. Having said that, I am seeing a short term bearish movement to 24000 price level before we see a BULLISH movement testing the trend resistance again as it continues to rise in the long run.
Strong Bearish Daily Base TARFGET 1000 POINTS (Correction Time)Correction Required on a daily base up to the weekly end.
Trend: Downside 500-1000 points
Reason: V-shaped Recovery completed.
🛑SUPPORT/RESISTANCE
✅S1= 26500
✅S2=25400
✴️R1=26900
✴️R2=27600
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