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Djiaprediction

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.
DJ:DJILong
by Timonrosso
1
Dow Jones showing upside with bullish breakout patternsThere are many bullish breakout patterns in the process. On a larger scale there is an Inverse Head and Shoulders. On a smaller scale, there is a Box Formation and a W Formation in the making. We just need the price to break above and out of the formations, to get our confirmation. Other indicators confirm including: 7>21>200 RSI>50 Target 36,426 SMC Sell Side Liquidity is showing below the W Formation where Smart Money comes down and sweeps the selling from the retailers as they buy into it. NOW WE WAIT!
CAPITALCOM:US30Long
by Timonrosso
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.
DJ:DJIShort
by Super_Profit_Trade
US 30 showing mixed signals - Waiting for break either wayWHICH WAY TO BREAK? It's up to the market and for us to act accordingly. There is an ascending Triangle that's clearly forming on the Daily. And normally, with the higher lows and same highs, the bias is normally up. If it breaks up the target will most likely hit 40,000. My issue is the state of the world right now, which is probably wrong to think about as charts are charts. But many main indices have been rattled with what's been happening (which I mention in many analyses before hand). Also 21>7 and the price action is just not strong enough to break as of yet. There are also conflicting signals with Nasdaq and SP500 which lead world indices. I think my mind has been clouded with unnecessary information which needs to be corrected and humbled by the market. But if the price breaks below the Ascending Triangle, the target will be 26,652 What do you think up or down?
U
by Timonrosso
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.
CBOT_MINI:YM1!
by MarketIntel
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.
DJ:DJI
by Timonrosso
1
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.
DJ:DJILong
by Timonrosso