US30 DJI on 20-11-2023 : BEARISH BIASEDUS30 Index can go Bullish if,
H1/H4 closing happens above 35000, it can move bullish upto 35150 level.
or it can go Bearish if,
H1/H4 closing happens below 34880, it can move bearish upto 34730 level
#️⃣ Trend expectations from 8:00AM to 12:30PM USA Time EST.
#️⃣ Trade with 1-2% risk only.
Djianalysis
50 EMA @ 33990If you read this you will learn more about the rocket booster strategy.
Am from eating my small healthy sandwich breakfast.
As am thinking about what to write to you.
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I check my trading system-inside this system the DJI TVC:DJI Has signaled a buy.
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Here is what the Rocket Booster System Looks Like:
Price has to be above the 50 EMA
Price has to be above the 200 EMA
Price has to be in an up-trend
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Trading can be an emotional game, but if you remember this strategy
and stick to it you will defend yourself.
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If you would like to learn more please rocket boost this content.
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Disclaimer:Do not buy or sell anything i reccomend to you.Do your own research before you trade.The purpose of this content is for education.
US30 forecast, shortThe Dow Jones Industrial Average (DJIA), Dow Jones or the Dow for short tracks the performance of 30 of the biggest companies in the US including Boeing, Intel, and Dow. It’s often used as a barometer for the overall performance of the country’s equity markets. Historically it’s one of oldest and most followed indices. The chart is a useful measure of US economic health. Follow the Dow Jones live with the real-time chart and view the latest Dow forecasts, news and analysis. Key pivot points and support and resistance will help you trade the Dow Jones today and into the future
Dow Jones 10/10 MoveDow Jones - DJI
Description :
Bullish Channel as an Corrective Pattern in Short Time Frame and it has Breakout the Lower Trend Line , It will Complete its Retracement at Previous Strong Support or till its Lower Trend Line at Fibonacci Level - 61.80% / 78.60%
Entry Precautions :
Wait until it Rejects with Strong Bearish Price Action
Global Equities; The decline of rationality ...... and the rise of financial engineering - manifesting in a generational shift toward pure leverage.
"When they look back at this segment of history they will probably ask: What the hell were they thinking?!"
Reporter: "How is it possible that the DJIA loses 90% of it's value? ...
B.G.: "It is very simple, really. First, it loses 50% of it's value and then, 80% of the remainder." - Benjamin Graham, from a 1934 interview.
Dow Jones (DJI) -> Back To The TrendlineMy name is Philip, I am a German swing-trader with 4+ years of trading experience and I only trade stocks , crypto , options and indices 🖥️
I only focus on the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise.
This is how you build real long term wealth!
In today's anaylsis I want to take a look at the bigger picture on Dow Jones.
At the moment the Dow Jones is retesting its previous all time high which is roughly at the $35.500 level and the index is already starting another bearish rejection.
If we see a retracement back to the lower bullish trendline of the rising channel which is sitting at the $30.000 level, this will be a textbook bullish continuation setup on the Dow Jones.
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I know that this is a quite simple trading approach but over the past 4 years I've realized that simplicity and consistency are much more important than any trading strategy.
Keep the long term vision🫡
TARGET REACHED Dow Jones to 34,826Cup and Handle formed, broke out and since then it's been a slow but consistent move up.
The only frustrating part with holding a trade like this since March is that there are these daily CFD Swaps which eats into the profits.
And when you hold for >2 months, you start to feel it. Anyway, the bias was right and I might need to lower the target in the future so we don't hold these trades for too long.
The first target reached 34,826 and the next target will be higher. We just need to wait for the next breakout pattern and I'll let you know.
DJI- Bullish picture overallAfter the recent test of support at 32800, DJI reversed to the upside and tested 34300 resistance.
The recent correction is a higher low and with the price back at resistance there are high chances of an up break.
In such an instance continuation is probable and the index could test the ATH.
I'm bullish as long as the recent low remains intact
Dow Jones globally will fall due to the north node cycleTVC:DJI globally will fall, because the Gann square of 20, built for the New York Stock Exchange indicates the date 2023 (reversal), and since on the monthly chart is now flat, and the market is at high prices, then a fall is more than likely. In 2024, a global strongest crisis is expected in another astrological cycle. There was already a similar crisis in 2008, and then the same cycle worked.
The fall may begin both now and by the second half of 2024, as they can still pump money, or at least say everywhere that there is no stronger economy in the world than the American one, and this will delay the fall for some time.
It will be possible to speak about the end of the crisis no earlier than the beginning of 2028.
DJI is likely to enter a major oscillation mode !DJI is likely to enter a major oscillation mode !
This figure shows the weekly candle chart of the Dow in the past two years. The top to bottom golden section is superimposed in the figure. As shown in the figure, the Dow Index in the past six months has shown a large oscillation pattern between the 0.618 and 1.382 positions on the golden section of the graph! In the future, the Dow's probability will first shrink and then enlarge, and then choose a direction to break through. Personal prediction probability will break down! So let's use the 1.382 digit (31700) of the golden section as the long short split for the future!
DJI looking for upside resumptionGood morning all!
I'll be breef as I the count kind of speaks for itself. It looks like we are ready to resume higher into wave 3 as we are looking at what appears to be a clear three wave move into wave 2.
It looks like TECH will be giving a break and VALUE will come back strong into sector rotation.
CHECK OUT my previous post on the NASDAQ which played out perfectly, let's see if this post will have the same faith.
Feel free to ASK me questions in the comments.
Enjoy the weekend and trade safe!