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Djiaprediction

DOW JONES DJI - FINANCIAL RESET - THIS IS HOW IT STARTSIn recent weeks, October 10-11 to be exact we have observed an over 1200 point drop as interest rates have risen. Do you think it was just an accident? Well many will tell you YES, it's just a short term downtrend, but what did many 'analysts' say? They said that this is a 'short' term correction. What is our 'key phrase' here? 'Short' term. When it comes to crypto, yes there can be short term correction, however not in stock market. There is nothing 'short' term about a few month correction and that is what no one is talking about. Did you notice how on same day that stocks started major decline we had so called analysts coming out and saying that economy is strong, it will recover, we will see 40k dow jones soon, it's temporary, and then we had Trump administration come out and say that 'Our Economy Is Strong' and calling Feds 'Crazy'. Now please keep in mind that we are not talking politics or anything of that nature here, just looking at facts and some so called 'Fake News' that we had come out from known media sources telling us that everything was just fine! Does that remind you of 2008 crisis and 2007 on how it started back then? Well it does doesn't it? What's different about this 'correction'? What's different about this 'correction' is the fact that this is NO regular correction, but a start of a FINANCIAL RESET and movement to ONE GLOBAL FINANCIAL SYSTEM. Back in 2017, during a press conference with Japanese prime minister Trump noted that devaluation of US dollar is a terrible thing, but that a 'LEVEL PLAYING FIELD' is being created and will be here much faster than we think. In recent days another interesting thing that came out in the news is that Trump Administration has been in constant contact with a crypto currency company called Ripple Labs that have developed fast payment solution which solves world liquidity issue. Do keep in mind that I am not inferring that this is what will be used as global currency or ANYTHING related for that matter. Simply pointing out that there is A LOT happening behind the scenes. With that said I would also like to point out that Federal Reserve has been very busy as well behind the scenes with their Faster Payments Task Force that was created in recent years with a task in mind of transforming current financial system by 2020 All you have to do here is connect the dots . . . How do you convince people that one world currency or level playing field is what's needed? Easy, you create, what seems to be a financial crash which in turn makes people and investors 'untrustworthy' towards their country's financial system. As financial crash is happening, suddenly government and different organization come out and tell us that 'WAIT, guess what? We have just the solution you have been looking for!" that's when the 'levels playing field' comes out. I do not want to speculate too much on what it may be but what I will say is that it will result in greater control by government over our finances, in what way it will be done, I am not yet sure, but I do have few guesses which I will not discuss just yet. Conclusion What should you do? Well, since I am not your financial advisor, I am not going to give you a direct answer but I will say what I am doing. I am minimizing amount of cash that I am holding in my banks and moving it into other assets. The bells are ringing
DJ:DJIShort
by CryptoManiac101
7
The Orthodox Broadening Top - Is a Crash Around The Corner?The 4 charts seen in this post are all from different time periods, all the same pattern, and all have the same result (except present day). Ladies and Gents 3.01% - I present the Orthodox Broadening Top (Parabolic Edition). This is a simple pattern - high, low, higher high, lower low, higher high, crash. The 1st chart (top left) is the Dow leading up to the massive crash in 1929 and the Great Depression. I'd like to point out that 1905-1920 was a sideways secular bear market before the run up (more on that in a few). I have noted years on the chart (all of them that aren't present day) where the chart seems to correlate with today's. The 2nd chart on the top right is Silver -0.20% . After that last spike, from high to low, it seen a crash slightly above 72% occur. The 3rd chart (bottom right) is the Dow back in 1959-1966. This was leading into a 16 year sideways secular bear market (like the one from 1905-1920) that was from 1966-1982. The bottom left is the final chart, which is present day. I wanted to point out that a secular bear market predated the crash in '29, and we had a secular bear market most recently (66-82) and haven't had one since. Could a crash be around the corner? If history tells us anything - that or a secular bear market seem to be coming sooner than later.
TVC:SILVERShort
by J-Streak
6
Dow Futures Elliott Wave View: Reacting Higher From Blue BoxHello Traders, Dow Futures short-term Elliott wave view suggests that the rally from 6/28/2018 low cycle to 25572 high on 7/27/2018 peak ended red wave 1. The internals of that rally higher took place as an impulse structure with sub-division of 5 waves structure in each leg higher. Down from there, the index corrected the 6/28/2018 cycle in 3 swings pullback & ended red wave 2 at 25086 low. The internals of that pullback unfolded as Elliott wave Zigzag correction with the sub-division of 5-3-5 structure in black wave ((a)), ((b)), ((c)). Down from 7/27 peak, the decline to 25264 low ended black wave ((a)) in 5 waves structure. From there, the rally to 25486 high ended black wave ((b)) and the subsequent move lower to 25086 low ended black wave ((c)) of 2 in 5 waves structure. Red wave 2 ended within the 25174 – 25100 area, which is 100%-123.6% Fibonacci extension of ((a))-((b)), as indicated by the blue box. Up from 25086, the index is reacting higher in 3 swings so far and longs from blue box area should be risk-free (stop loss at break even) already. The right side tag, combined with the blue box, help to identify the right trading strategy. Near-term, as far as dips remain above 25086 low, the right side of the market remains to the upside. Expect the Index to resume the next extension higher in red wave 3. We don’t like selling it.
CBOT_MINI:YM1!Long
by Elliottwave-Forecast
Dji Predictable? Snoozefest for now. This is just because I got tired of hearing people say, "The dji went down today and calling it unexpected and all that. Simple line chart, every line after the dip was there before it was hit, so I'd say that right now, as an index, it is pretty predictable. zZzZzZ fest Though I must say, as times goes on and especially now, It seems as if something even more and more interesting will happen. I said the same thing to my friend right before this last drop. Lets just hope the interesting event will be good and not bad. Ima still stick with the concept that good and bad news just means look for where it will drop or stop next. Fib is from 15.5k to 26.6k I still think the .75 can be used on this go around as the 2nd drop in this smaller trend went quite a bit under it. But because it seems arguable if it has been used before, I think it will be interesting to see what happens. Also the lack of support if we drop almost means for certain we have to go down to the .618, but even though the .618 is the .618, There seems to be no support and a drop to 21.6k seems likely with 20.5k-21k looking like the only really strong resistance. Anyway take care yall. -KTown
DJ:DJI
by TrendLINEBoys
A Big cloud...As you can see the price dji is being maintained in this side channel formed temporarily, the price rises again and try to crash and go through the cloud, this is a very powerful resistance that is costing a lot of work to pass through, possibly if training turns the price again to low, but within the parameters of tolerance of the price. but finally after gaining ground little by little the price wants to return its march Note that this is simply an idea of price behavior nothing more .
TVC:DJIShort
by ManuelRodriguez
Bear Market Bounce? Descending Triangle Short TargetI think the pattern is more evident here on the Dow Jones, when compared to SPX. The next leg down (when measured from peak to baseline) has us right at "bear market" territory. From the current high (open/close) a close beneath 21293.368 puts us below the 20% threshold, and while we may dip to this area, I'm not so certain we will close a session beneath this spot (not yet, anyways). I see two possible scenarios, the 1st is if the market caves fast and we begin the next leg immediately, the 2nd includes a possible bounce within the descending triangle formation before completion of the pattern. I would like to point out, that if there is a bounce at the 22.5k area which retraces higher than 50% of the immediate fall, that would indicate a possible reversal due to the weakness of the pattern breakout. The latest I see this playing out by is mid-June, though it could happen at any time before then.
DJ:DJIShort
by J-Streak