DJI - Be Ready My FriendsHi, this is my new update for DJI. As you see in the first picture, we are exactly in the same place we should be for a big crash. It is difficult to estimate a date, but I expect we are going to see 80% downside on DJI in the near future.
Right now we are on a beautiful uptrend channel pattern and it has acted as resistance level multiple times and the middle line has acted like support level multiple times. At the same time we have An RSI divergence in monthly chart and that indicates we are ready for bearish signals.
Djianalysis
DOW30- Will CPI data trigger a break and a push above 35k?After the double bottom under 29k and a break above descending trend line resistance, Dji has started to consolidate (as if it was waiting for Nas100 and SP500 to catch up, and now are all aligned:) ).
Technically, the picture is bullish and crystal clear, with a price waiting for a trigger to break above the triangle's resistance.
CPI could provide this trigger and, in such an instance, bulls could push Dow above 35k.
P.S: I don't think we are out of the woods and this optimism will last, but I've learned to now argue with the market
NDQ/DJI - Short; Significant Statistical Arbitrage opportunity!While the NDQ/DJI, itself, represents a significant trade opportunity here, even more notably, a number of the index components display remarkably skewed "Greeks"! (For example, APPL-GOOGL, CAT-PEP, TSLA-BA, etc..) E.g., It is a rather strait forward process - at these levels - to assemble baskets of stocks (Long) in each index (Short) with rather juicy, +30%-40% near term (<7 months!) profit targets.
All this is a strait forward process - once one starts looking :-)
p.s. Will provide ideas for some of these stock baskets if/as time allows.
Dow Jones: Friday Feels 🍾After moving sideways, the Dow Jones should finally commit to dropping to the orange target zone. Within 32 401 and 31 689 points, the Index should hit the corrective low of the orange wave iv, which would turn the trend back North. On that note, we expect the course to rise above the resistance line at 34 707 in order to complete the blue wave (i). In our alternative scenario with a probability of 45%, the Dow Jones could exceed the resistance mark at 34 707 points right away, without dropping into a correction beforehand.
Dow Jones needs a breakout before an entry kicks inConfused Triangle has formed on the Daily.
We are in the apex, so awaiting a breakout.
First 7>21>200 - Bullish
RSI >50 coming down (mixed)
Target up 36,288
Target down 31,559
This clearly shows the confusion with the index as well as the fundamentals with the uncertainty with interest and inflation rates.
The Fed is having a meeting tomorrow to discuss the macro aspects, which it looks like investors remain trepidatious.
I will be waiting for the breakout before making any rash decision.
Dow Jones target still on track and new Target to 39,000Old Cup and Handle on Dow Jones is still in play and the target remains at 36,694
A new C&H is almost confirmed with the break to the upside.
The new target is 39,000
7>21 and price >200ma
Broken out of medium term downtrend
Bullish
The Dow Jones seems to be following the January effect (with expected upside)
Also, with Inflation coming at 6.5% as expected, shows the Great Inflation stage is over for now.
This is good for the economy as people will spend more and invest more.
Hopefully the rally will continue.
🎁The best place to sell the Dow Jones index with low risk🌟🔰You can see the analysis of the Dow Jones index in the four-hour time frame (US30_ 4H) 🔍🧨
💥Considering that the price has been able to break its Up trend line🖤, if the price can reach the intersection of the Up trend line🖤 to pullback❗ and the SUPPLY zone, it can fall to the DEMAND zone🔻🌠
Do you think this analysis can be profitable🧐❓
I hope the analysis was useful for you🤍🌹
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DJI still bearishIn our view, DJI remains bearish .
What we can see on a chart is a potential deviation in a well-defined downtrend .
RSI looks weak and remains in a downtrend.
As we're bearish on other major idicies such as SPX:
We expect that DJI will continue going down.
Long-term targets and potential path for DJI are shown on the chart.
Good luck
Dow Jones Index Outlook 21 Dec 2022TVC:DJI DJI is clearly moving in a downtrend direction in the 30m timeframe. However, it stopped making a lower low yesterday plus it has a bullish divergence signal between price and RSI.
This bullish divergence is signaling a chance of trend change to either a sideway or uptrend direction, which we need to monitor the price action today.
If the market opens within the range of 32650-33040, then it has a chance of trading in this range for today.
However, if the market chooses to gap open above 33040 then it will test at 33163 and 333000 respectively.
On the other hand, if the market gap opens below 32650 then it will test at 32470 and 32328 respectively
DJII want to talk to you now about world crises.
A global economic crisis is a dramatic deterioration of the global economy. It manifests itself in a significant reduction in production, disruption of production relations, bankruptcy of enterprises, and growth of unemployment.
Micro-crisis markets occur almost every 8 to 15 years, but we will briefly consider only the most serious ones.
The crisis of 1929 is probably the most interesting crisis, and it is the one that everybody talks about and everybody talks about the crisis with this example.
The crisis of 1929 was a result of urbanization, which led to a high unemployment rate in the United States, the crisis of overproduction, the aftermath of the First World War, which led to a redistribution of the world and of the raw materials markets.
The crisis of 1978, one of the most usual crises, was caused by the overestimation of the market and the trading by the traders with the software (only introduced at that time). The mechanism is simple, the market falls within the usual crisis, the software understands that it is necessary to short, all the traders short, and the price goes lower and lower. Plus the Chicago stock exchange goes down, supposedly because of a crash, but we all know that this was probably done on purpose, as part of a stop to the decline. Because of this stoppage, the crowd got hooked on more panic, and the market began to fall more intensely.
The crisis of 2008. The causes were, as always, the blowing of the market bubble, when the stocks of the companies were very overvalued, as well as the overheating of the economy on the background of the uncontrolled growth process of the mortgage lending to the population.
The crisis of March 2020 is due to covid constraints as a consequence of the panic and shutdown of production.
The crisis of 2022, most likely in the future, will be combined into one with the crisis of 2020, as in principle one arises from the other, plus an uncontrolled stampede of currency to strengthen the economy, as well as a large-scale war in the center of Europe.
I think this is not the end, and the decline of the entire world economy will continue.
Translated with www.DeepL.com (free version)
40 Bar Cycle Chart - Dow Jones DIA DJIA - Updated 121022Given that we are headed into the release of the November Consumer Price Index this upcoming (Tuesday, December 13th) and also the December Federal Reserve Interest Rate Decision (Wednesday, December 14th) , are markets set up for another short opportunity into the end of January (Q1)?
DIA DJIA Daily Chart Template
www.tradingview.com
Which camp are you in on the short-term (end of year into Q1/23') direction of markets?
Camp A: We are likely we headed for new lows in Q1/23 (Fluctuating Inflation + Persistent Price/Wage Pressures + Hawkish FED).
Camp B: We are likely to break the downtrend into the start of Q1/23' (Peak Inflation + Deflationary Forces + Dovish FED).
Let me know your prediction in the comments below!