Djisignal
🤔 Will We Be Saved? (DJI)😯 It's very interesting to look at the large multi year cycles. This is a 3 month chart. Currently the upward support is being breached. Is this just the beginning or will we be saved?
3 Month Timeframe
Crossover Strategy: Red Doji
The EMA Dots: 3/3 Red (Last was april 2008)
The crash we have experienced stopped at old Resistance to find temporary support. Interesting. If broke the red line I believe we would see a serious collapse. Very critical to see if this recent rebound we've had can hold.
Have an awesome day! ✌
🥇MLT | MAJOR LEAGUE TRADER
LONG DJI Dow Jones How to trade DJI before open
Hello to all watching my charts.
Dow Jones is fine to trade by support / resistance and also trendline
Trading.
Look at the chrt for today.
We have support in the aerea 26730 (blue line) and we do have
a LONG trendline which is now 26855.
But the the support levels to watch out.
I count only END of 1 HR information.
So a level below that which is only in the Hour is not counted
in my system.
Good trades
If you want to support my work , please be so kind and like them
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My posts are not and advice to buy or sell something
always do your own research
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Renkotrade
Dow DJI LONG but massive Resistance in FrontHello to all watching my charts
Here i show the Dow Jones after the Fed Meeting
and market is closed on 19.6.2019
My channel system tells me we have still a Long Channel
and a long position should used.
BUT (what i normally not note ) we have now really
a lot of resistances in front which i have show also in blue color.
As you know form my other posts i always say:
Trend channel lines beats resistance lines
but if we such a power of resistance in front i cant ignore that.
So of course maybe this time trend beats also
but i would be very cautions with new longs at that point.
If you have a long position with a fine profit
maybe from 25100... i personally would tale the profit here
Please remember that.
Good trades
Renkotrade
DJI SHORT 1 HR 11.04.2019DJI is in a downtrend and a down trend channel.
We also have a big resistance at 26250.
To make a long signal, the index would first have to climb above the upper channel line (blue).
If that happens best for Long would be a direct increase to above 26250
Till that DJI is in Short Mode
DJI Situation 14.3. 10:00 NYT SHORT but possible tredn changeDJI has managed to get our off the sharp short channel
i had marked fe day ago into a more wider short channel
now i have marked in red to see them easily.
But since 2 days we have also an established long trend
to see at the blue long trendline which i have marked
as support on the long side.
Now we only can wait what will happens next.
a) a brake of the blue long line as stay in short
or
b) a brake of the red line to get in a neutral and maybe long aerae.
Both possibilities are equal weighed in my eyes
and i cant see any advantage for one of them to forecast
Lets check the DJI end of today trading, i am shure
we can see more clearly the situation.
DJI LONGDJI is expected to RISE now.
There are many reason why we feel it may RISE.
01. It is taking support at quarterly levels trying for a big jump.
02. Bullish engulfing in daily Chart.
03. May reach weekly target 16326
04. Stoch RSI (3,3,14,Close) states it may rise.
05. RSI(14,CLOSE) Is also of the same view.
06. CCI(20,CLOSE) Is also rising.
Keeping all the above indicators in view along with the chart pattern we expect it to rise. Our sell call shall be from Long above 16082. with a SL @: 16015 Tgt 01: 16252 Tgt 02: 16326 We are expecting this to happen shortly. Caution: The above is our personal view. Neither a recommendation nor a tip nor an advice for trade. Please consult your personal financial advisor before investing.