💢SELL DJI at the best place and price💰🔰You can see the analysis of the Dow Jones index in the four-hour time frame (DJI _ 4H) 🔍🧨
💥Considering that the price has been able to break the Up trend line🖤 and pullback💜 to it, if the price can reach the intersection of the SUPPLY zone and the Up trend line🖤, it can fall to the DEMAND zone🔻
Do you think this analysis can be profitable❓
I hope the analysis was useful for you🤍🌹
_______📈TRADER STREET📉_________
Djianalysis
Is Dow's correction really over?As we all know, Dow30 (All American indices in fact) started to drop since the beginning of the year.
However, looking at a longer chart we can see that this drop is overlapping suggesting correction.
At the beginning of October, Dji made a new low under 30k, followed by a second drop in that zone, making a small double bottom.
After the break back above 30k, the index traded to the upside in a very nice and constructive way and recently also broke above the falling trend line.
If this is a bull trap or not remains to be seen, but strictly technical, the index is bullish at this moment and it will stay this way as long as the price is above 32k.
A break above 34k would call for further gains and February's 36k high could be the target.
S&PHello and welcome to this analysis
S&P appears to be still on its corrective path, the bounce had came from a heavily oversold zone.
Now going forward this fall if it protects 3500 then it could be a exp flat b of iv and spend some more time sideways (triangle) or retest the swing high with c of iv. Breach of 3500 would suggest 5th to take it down to 3350 approx.
Buckle up for more volatility
Dow Jones Weekly Volatility Forecast 7-11 November 2022Dow Jones Weekly Volatility Forecast 7-11 November 2022
We can see that this week our volatility is at 3.25% which declined from 3.45% last week.
Currently according to ATR we are on 55th percentile, and according to VXD we are on 30th percentile, indicating in both cases, that we are currently is a stable market.
Now, based on the implied volatility data that we have for this week, lets look into further details.
We can see that currently there is 20.7% chance, that our candle is going to close at the end of the week either above/below the next channel
TOP: 33385
BOT: 31160
This can also be translated as a 79.3% chance that the market is going to move within this established range.
At the same, looking at the previous high/low values of the candle, and taking into account the entire history available of data, we can expect that there is going to be a
35% chance that we are going to touch the previous high of 33100
70% chance that we are going to touch the previous low of 31700
Down Goes The Dow Jones Industrial Average Index (DJI)Today you can review the technical analysis idea on a 1M linear scale chart for the Dow Jones Industrial Average Index (DJI).
In the chart, I added in the Keltner Channel (KC), RSI and MACD as well as review the Great Recession history to get an idea of where the DJI is headed. It seems that the DJI has been moving up an ARC with a possibility to come down and touch it again. It is currently inside a descending channel with the DJI about to touch the median line of the Keltner Channel. Based on the KC median line history, there may be a strong chance DJI price gets rejected. If DJI price falls as much as it did during the Great Recession, it could come down to the $18K level where there is strong support. The RSI and MACD could support that type of drop as both of them are no where near the oversold region. If the DJI price goes above the KC median line, there is a stronger chance to see the price go to $33K-$34K.
This is presented on the monthly chart so please have patience.
If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below.
Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #millionaireeconomics
Dow Jones ( DJI ) Next MoveDOW JONES INDUSTRAIL AVERAGE ( DJI )
Time Frame - H1
We have ELLIOT IMPULSIVE WAVE ( Bearish ) in Long Time Frame #LTF
Completed " 123 " Wave and Forming " 4th " Impulsive wave will Reject from Fibonacci Level ( 50% - 61.80% )
BULLISH CHANNEL Pattern in Short Time Frame #STF need Rejection from the Upper Trend Line #UTL
ELLIOT TRIPLE WAVE COMBO in Short Time Frame #STF and completed the " Y " Wave
Sell After Rejection from the Demand Zone ( 31908 - 32176 )
Dow Jones Analyze( Road Map/Scenarios)!!!🗺️Dow Jones Industrial Average Index technical analysis (DJI) moved as I expected it 👇✅.
DJI was pushed back from the resistance zone & SMA 20 (monthly TF) as I expected.
Now, we have Two Scenarios here:
Scenario 1: DJI will make the Expanding Leading Diagonal.
Scenario 2: DJI has passed the corrective waves by Double Zigzag Correction, and We have to wait for breaking the Resistance Zone by DJI (Low Possible).
❗️ Note ❗️: If DJI touches 31885$ , we can verify the first scenario.
Dow Jones Analyze (DJIUSD), Timeframe Daily⏰( Log Scale )
🔴Resistance zone: 33700$ until 33260$
🟢Heavy Support Zone: 31260$ until 29680$
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Dow Jones Analyze!!!🧐Today we will discuss the Dow Jones Industrial Average Index technical analysis in a Daily timeframe chart. DJI finished its ascending trend after breaking below the ending expanding diagonal pattern. As you can see, we have a major pivot in Support Line . I expect Dow Jones to make the same movement as Wave X (Near the Important Resistance Line ), and then it will go DOWN again, probably at my TRZ ( Time Reversal Zone ).
We have Two Scenarios here:
Scenario 1 : DJI will make the Expanding Leading Diagonal .
Scenario 2 : DJI has passed the corrective waves by Double Zigzag Correction and We have to wait for breaking the Resistance Zone by DJI ( Low Possible ).
Dow Jones Analyze ( DJIUSD ), Timeframe Daily ⏰( Log Scale )
🔴 Resistance zone : 33700$ until 33260$
🟢 Support Zone : 31260$ until 29680$
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy , this is just my idea, and I will be glad to see your ideas in this post.
Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
DOW SELLDow is Trading Around 33950 Its Time To Sell it with SL Around 34155 Target 33450 and 33271 Time Period This week
GEOThe crash from ATH's looks about finished, HTF ABC bullish correction. I would think we now impulse 5 up. If that turns into an A wave then there is much more pain. If we do 3 up here and only hit $10 then this would be an X wave and the price action did a fib extension 1 to 1 and would expect much more downside.
DJI , US Futures analysisUS Future trading at daily resistance triangle which is also part of symetrical triangle, breakout either side can give good trading opportunity.
We are also near supply zone 31500 and 50% fibo level too. closing above will take it higher for targets of 32800+
Below 30600, we may see 30000 again and may be more.
Education purpose only.
-Saptarish Trading
SHORT US30 to 31000US30 H&S formed a H&S pattern indicating buyers exit, $DJI will bleed after FED 75 or 100 bps interest rate hike.
Good RRR setup, fundamentally solid.
DJI - Overall Performance of US Equity Markets The Dow Jones Industrial Average (DJIA) tracks the performance of 30 of the biggest companies in the US and is often used as a barometer for the overall performance of the country’s equity markets. The Dow chart is a useful measure of US economic health.
Let the Games Begin I suppose.There is no way to lie about it or act like it isn't happening. This is the most anticipated event in the financial system's history IMO. Just my thoughts. I made this chart a few months ago testing to see if I am right. Here it is so far. Best of luck to everyone! Hope it goes smoother than I think. Take with a grain of salt, I know nothing, nor should be taken as advice.