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Djianalysis

DJI (CBOT)B&B Pattern. Trade setup with Buy Limit position (EP) at 25387 Stop Loss (SL) at 24531 and Take Profit (TP) at 26186. Money Management I have 22,800 USD in my portfolio. I can lose 10% of the port which is 2,280 USD. I will Trade MINI DOW JONES ($5) Position Sizing 1 Tick = $5 1 Contract size need IM = $3,685 (I can open not more than $22,800 / $3,685 = 6.187 Cons) It is 856 Tick from EP to SL, with 1 Con, I will lose 856 * $5 = $4,280 To lose 2,280 USD I need to open 2,280 / 4,280 = 0.53 Con Then I will put 1 Contract If I win, I will gain (26186 - 25387) * $5 * 1 Con = $3,995 P.S. I will not trade this position because stop loss is beyond my acceptable number
DJ:DJILong
by SuppasitWechprasit
Dow Jones Index TargetI expect the Dow Jones within a week or so to be hitting a $26225 price point. I definitely say it is bullish and potential resistance could be near. However, the correlations have been seemingly positive and as an index of the general market, it looks like a good position. As a HODL it looks to be a fairly conservative investment strategy to be in your portfolio. Still obviously you got that risk, but I would not withdraw to quick. You can always invest in many different index funds or the S & P as well as just the top performing stocks. Overall, it is about mitigating risk and maximizing returns.
DJ:DJIShort
by gamer456148
DJI (DOW JONES): HOLY PARABOLATHIS, my friends, is a parabola. It is a glorious sight, but parabolas never last forever. On the chart I've marked levels in red, every 1000 points up to 30k: 25k,26k,27k,28k,29k,30k... I'm not such idiot to call THE top on the market. I'm simply saying my understanding of technical patterns leads me to safely conclude that this move will shift and a new pattern will form. We now need to watch closely for this shift. What will give us a clue that it's near? A near term topping pattern. This MAY be preceded by a fast run up, where price eats away at the levels marked in red like pac man on crack. We will need to see how price handles these levels. IF a temporary high is temporally close, it will fall short of 30k, in order to trap late longs who buy expecting a pop above 30k. My best guess is that this will be somewhere around 27k to 28k. Let's look at the big picture. The Dow is not finished - far from it. Since the 1970s, the markets have been pricing in a space-age, where we as a Humanity explore the galaxy and beyond. However, the angst against Trump will intensify; there is a maniacal and hysterical element that does not want the technological/spiritual evolution of Humanity to occur, and will do anything to attempt to repress anything that does not fit its status quo. Destabilization in American politics should result in some foreign selling of US equities, and we should expect this to manifest soon. If you bought in 2008 and you're sitting tight, remain in your deck chair and sip another kale juice and martini. If, like me, you weren't in the markets in back then, and like short-term setups, stay long... but BE WARNED. THE PATTERN WILL SHIFT IN 2018, perhaps sooner than later. (Some may say - but what if we just keep going? Quick answer: markets require momentum to move. If this move were to extend then it would surely climb much higher, but would be limited in price and time. In other words, it would imply a crash sooner rather than later. Since I see no fundamental basis for this, this possibility is off the table for me.)
DJ:DJILong
by TheRealPeaches
CORRECTIVE STRUCTURE IN DJI - 1H CHARTHey Traders, Just wanted to pull this simple analysis on DJI (Dow Jones Industrial Average) We had an impulse and a corrective structure, I am sure we can get a brakeout soon, watch for that and then go long for a short term trade. - Hey Traders, Simplemente compartir este analisis en DJI (Índice Down Jones) Tuvimos un impulso y una corrección. Estoy seguro que pronto el mercado rompéra alcista, estad al tanto y en la ruptura de la estructura buscad una oportunidad en largo a corto plazo. Carlos
TVC:DJILong
by ccerezo11
$DJIA $DJIA Long Term ElliottWave CountThe price of the Dow Jones $DJI has reached long term extreme levels with the 14day RSI marking max levels inline.. Note Elliott Wave theory requires RSI divergence in wave 5 while wave 5 is not the extended one (wave 3 already extended).. Setting this rule on the side and assuming that indeed price is rolling the last 5th wave, I would like to see a possible small pull back to a Fibonacci level and then an extension up again to new highs to see what Fibonacci levels are playing in this last extension up and possibly decode the waves since the extension started.. The reason yet counts have not been marked on the chart for the last extension as wave 5 up.. Note as well at 21.2k price will hit a major resistance..
TVC:DJI
by Dalietos