DOW
DOW JONES Last buy opportunity on the 1D MA50.Dow Jones (DJI) got rejected on August 31 on the 4H MA200 (orange trend-line) and that made the price pull-back. We are now close to the 1D MA50 (red trend-line) again, which is where the initial rebound started on August 25, exactly at the bottom (Higher Lows trend-line) of the Channel Up.
This is the final buy opportunity on this pattern, as any closing below it would be a pattern invalidation and the trend would change to bearish on the long-term. Key to this, is the formation of a 4H Golden Cross, which could be only 4-5 days away. The last such formation was on June 09 and as with the one that preceded that, it will be a bullish signal.
We will wait for either a new 1D MA50 test or a completed 4H Golden Cross in order to buy with the lowest risk possible. Target 1 will be 36000 and Target 2 36900 (just below the All Time High).
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US30 Dow Jones Technical Analysis and Trade IdeaIt's evident that the US30 index has been confined within a tight trading range from the latter part of the Asian session leading up to the London Open. In the preceding week, we observed a notable price surge toward a critical resistance level, but that advance was met with resistance, and now the index appears to be consolidating sideways.
I'm actively scouting for a prospective trading opportunity for the upcoming week, and examining the chart to pinpoint the likelihood of an early-week stop run. If such an occurrence materialises, it could serve as an advantageous intraday trading opportunity. Please be aware that all comprehensive explanations are provided in the accompanying video, and it is crucial to note that this analysis should not be construed as financial advice.
Nasdaq Futures - Are You Prepared For Red September?The last ten days of price action produced a retrace of significant magnitude that was very kind to institutional friends who were net long from early June.
That is to say, what has transpired since all three indexes took their January of 22 failure pivot levels in early July has been more consistent with an optimal short entry combining with a bull trap, combining with a chance for big players who were either still full long or partially long to mitigate their losses and exit their positions.
But retail, especially those who foolishly follow the messages emitted on social media, regard price action as "confirmation" that we're on our way to a new bull market.
The macro economic situation is that the Federal Reserve has reiterated that while it may slow the pace of hikes going forward, depending on economic data, there is no intention whatsoever to pivot.
When you consider the above in light of monthly candles trading so far above their long-term trendline, big big danger flags should be going off in your head.
The reason is that Fed rates connect to bond yields. Bonds also have a feature where as they pay more interest the price also goes down, way down.
What this means is that there's huge alpha to generate for big funds and big banks who trade very long time frames in selling equities at a high price, buying bonds at high yields and low prices, and sitting on that position instead of taking risks on commodities and equities while the world is in a really bad situation.
Weekly candles show us more clearly that significant areas of concern that should be retraced to before any further upside is rationally thought to be on deck were not achieved before the bounce.
A big problem facing the markets at present is the existence of the Q3 "JPM Collar," which I discuss here:
SPX/ES - An Analysis Of The 'JPM Collar'
It's worth noting that JPM, which sold calls with a strike of 4,665 at the end of July, has not been in the red on that portion of their position yet, although whoever bought them has certainly made money since price approached 4,665 very quickly after purchase.
The bigger component of their trade is that the most significant bank on this planet is long 15,800 puts with a strike of 4,225 that have never been in the money since they were purchased.
Expiry date is September 29.
Because of time decay, for JPM to break even on that portion of its position, we would need prices approach 4,000 and the VIX to push over 20 to pump implied volatility premium, and all in only a few weeks.
And although this is a Nasdaq call, one index fuels all three indexes.
A problem with thinking the indexes have bottomed is that while the Nasdaq may have rebalanced a gap before the pump, the SPX did not:
And even less did the Dow, which has traded like a heavy bag of rocks despite having the strongest recovery from last October's dump of any of the three indexes.
The algos have a habit of making all three indexes do the same thing before the page really turns.
You're also dealing with a worldwide economic and geopolitical situation where everything is heavily balanced by a horsehair.
And that horsehair is the Chinese Communist Party, which looks like it will take Xi Jinping to its grave with it.
The CCP is about to collapse, and it will happen overnight, in the middle of the night, and there will be a lot of gap downs.
The reason the market is still trading in a structured way is simply because the U.S. Empire and the globalist faction, which wants to install the CCP's Zero-COVID Social Credit system worldwide, ramble on about "War With Taiwan" all the time because the intention is to take control of China when the CCP falls using a Taiwan-based proxy.
"But the best laid plans of mice and men often go awry."
The problem for all of humanity is the 24-year persecution of Falun Dafa's 100 million spiritual practitioners by the CCP and former Chairman Jiang Zemin starting July 20, 1999.
Organ harvesting, rape, murder, and things worse than organ harvesting have never been beneath the CCP, and unfortunately, the rest of the world who has been funneling blood to the Party all these years to keep it afloat so it can keep on lying to the world.
And so what I can tell is arranged is that we dump hard into the end of Q3, and then it seems to me that we rally in Q4, probably back towards the index highs, with all of 2024 being an economic nightmare.
Donald Trump looks like he's going to prison and won't be able to save you. Not that Donald Trump is capable of saving anyone, lol.
So Biden will win by default because nobody is going to vote for DeSantis or Vivek, and the socialist spending schemes and the crashing of the world economy is arranged.
But because the CCP is on the brink of falling and China is not a country that any outside forces have ever been able to capture in its 5,000 year history, perhaps before the year is out we will see the rally truncated sharply.
"Watch Out For Fire."
The call:
Short Nasdaq now anticipating a ruthlessly bloody September, close under 14,000.
Go long under 14,000. Close when you have a lot of profits and cash out.
Brokerages aren't going to be processing withdrawals anymore than Binance is right now when the CCP collapses.
Everyone will be trying to run for their lives. It's very dangerous. Nobody should have supported Marxist-Leninism, the CCP, and the persecution of Falun Gong's true cultivators.
But they did. And the consequences are not something people can bear.
SDOW: Bullish Dragon and Deep Cypher with PPO ConfirmationThe 3x Inverse ETF of the Dow Jones Industrial Average has formed a Bullish Dragon and has broken free from it at the PCZ of a Bullish Deep Cypher with a Bullish PPO Confirmation Circle. If things go as one would expect, then we will see this ETF pump up to at least the 61.8% Retrace, but given how Bearish so many of the Heaviest Weighted Holdings in the Dow look right now like: MCD , UNH , MSFT , GS , and AAPL , I now think we may even go as high as the 88.6% Retrace.
Dow Jones on a continuous and strong uptrend in 2023Raising inclination trend has confirmed on the Dow Jones.
What this means is that the rising trend is going up at a higher degree.
A normal trend is around 45 degrees. A stronger trend is 60 degrees. and once it starts rallying above 60 degrees this is where GREED kicks in and you should prepare for downside.
Also there is a strong Rising Channel which I'm sure countless range traders are loving at the moment as well as Trend traders.
Price>200
RSI>50
Target 37,000
SPY TARGET 807 Enjoy The Repricing Jerome. Crisis 24 ignite.
CFTC S&P 500 speculative net positions -142.1K?
USM2 Barely able to contract the supply under 20M?
Reserve Banks At Breaking Point - FORCED to stop hikes > lowering soon
Money Market Funds 5.693T will look to exit UST's as momentum in the PMI picks up.
Look familiar?
Only this time we have global debasement where China / Japan will be forced to QE trillions to backstop their debt.
All pointing to a chaotic melt up / readjustment of the US markets.
The problem with printing trillions to prevent a crisis is that money then weaves itself into the fabric of the problem you tried to control.
You CANNOT remove this capital used to plug the hole in the sinking ship.
This market looks primed to turn and go straight full throttle vertical.
Crisis 19 avoided Crisis 24 ignite.
EUR/USD 4H TF Analysis🇪🇺 EUR/USD 🇺🇸
🗣️EUR/USD analysis update - 4H Timeframe🗣️
Analyzing the EUR/USD currency pair chart is a fundamental skill for anyone interested in foreign exchange (Forex) trading or investing in the currency markets.
The EUR/USD pairing is one of the most traded in the world, making it a prime choice for both beginners and experienced traders.
This analysis serves as a foundation for understanding how to make informed decisions in the Forex market.
As we have received many request regarding the technical analysis of this pair, Here we are going to analyze EUR/USD since 13 July 2023. And we hope to provide useful info for Educational and better future investing decisions.
As you can see, after reaching the weekly supply zone, price has formed a distributing structure. And we can see a Wyckoff formed. And as a result of this structure and break of the SR line, there is a FTR formed and price has formed a downtrend after retesting this zone.
Most of the SHORT positions which were set up at the FTR zone has successfully take their profit.
Price has again engulfed the green zone and formed a new FTR which has been presented to you as a base structure on the chart.
Overall, after a Drop Base Drop price has started a downtrend!
Flag Limits of this structure are shown on the chart and price has first engulfed the bottom of the range which is a sign of possible future bottom break of this range. Also this engulfing as been along with break of the SR line.
After reaching the higher of the range and hunting liquidities at this area, as per expected price has moved downward and by engulfing the Blue SR line it has formed a new FTR (Decision Point). *very important point for this currency*.
Price had a pullback to this area and started moving downward to 1.076 area. (In higher time-frames we can see a QM formed at this stage)
Price was supported at 1.076 and was pulled back to the FTR(decision point).
We expected the price to be rejected from this zone and by touching the Midterm Trend-line (red line) price continued the downtrend to the 1.076 are again.
As the result of all this we are expecting the price to move lower to the Weekly Demand zone at 1.063.
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US30 Analysis Today's focus: US30
Pattern – LH
Support – 34,560
Resistance – 35,030
• Price set a new failed high, pressuring the current rally
• US Employment data at due 8:30 am
Today, we have run over US30 technicals and price action after yesterday’s selling set up a failed rally that could become a new lower high. We don’t have a directional bias at the moment, but we feel there are a few things to mention and watch heading up to today’s NFP data. Could weaker data support buyers, and if we see higher than expected data, could this maintain rates worries and drive price lower?
Have a great day and good trading.
McDonald's Corp: Bearish Deep Crab with Double PPO ConfirmationWe have a Bearish Deep Crab with a PPO Confirmation Arrow and a Circle with MACD Bearish Divergence and have broken below the faster moving EMAs. I would next expect this to make at least a 61.8% Retrace, which would take it back to about $185.
This makes the third major Dow 30 Stock that has signalled something ultra bearish like this; the other two being UNH and MSFT, which can be seen below:
We are likely looking at a major correction coming to the Dow Jones Industrial Average very soon.
DOW JONES sets course for the All Time High in the next 2 monthsDow Jones (DJI) held its 1D MA100 as Support and as projected on our analysis last week (see chart below), it formed a Higher Low on the 5-month Channel Up and rebounded:
We now move to the 1W time-frame where this week's 1W candle is so far the strongest since July 17 and already recovered the 1D MA50 (red trend-line). After completing the standard -4.70% correction to the Channel's bottom, the norm within this pattern is to first post a +6.15% rise and ultimately complete the Higher High with a +9.00%. As a result, our short-term target is 36100 (+6.15%) and by the end of October 36960 (+9.00%), which is the All Time High since January 2022!
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Dow Jones Index (US30): Structure Analysis & Key Levels
Here is my latest structure analysis for Dow Jones Index.
Resistance 1: 35000 - 35150 area
Resistance 2: 35480 - 35570 area
Resistance 3: 35620 - 35690 area
Support 1: 34490 - 34690 area
Support 2: 34020 - 34100 area
Consider these structures for pullback/breakout trading.
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Goldman Sachs - Are Banks The Next Dumpster?Goldman Sachs is another one of those stocks that's traded like a can of dog food for a very long period of time that the masses are really drawn to, much like Target, Disney, and Paypal, of which you can find calls for that I've made in the linked section below.
GS is relatively significant in that it's one of the 30 components of the Dow, which is one of the big three indexes.
The Dow had previously been the leader in strength, and for a long time, but in the last several weeks has become the leader in weakness.
Although it looks like a minor blip on the radar, I feel it's something of a harbinger of doom.
And the problem for Goldman Sachs can be seen clearly on the monthly:
Clearly insofar that the bounce from the 2018 high should have lead to new highs.
Instead, the distribution block from the market highs served as resistance. 14 months later, it took out July's low and we can now safely theorize that lower prices are in order.
Weekly bars show us that a failure swing has formed and July's price action was just a local stop raid.
So, what could a catalyst be? Arguably, there doesn't need to be a catalyst. It's just that JP Morgan is long 15,800 puts with a strike of SPX 4,225 expiring September 29 that have never been in the money since they were purchased at the end of Q2.
And so when one index falls, all indexes falls, and the arbitrage algorithms naturally take component stocks down with them.
There's also the economic disaster China under Xi Jinping and his Chinese Communist Party are facing. When you have a disaster hit the world's "Central Kingdom," nobody is an island and those macro equity flows will cause significant turmoil in other markets.
For the U.S. market makers, this simply represents an opportunity to kill longs, buy everyone's losses at the bottom, and rip it back to new highs while you short sell and chase the entire way because Reddit and Discord and Xeeeeeter told you to.
But "the best laid plans of mice and men often go awry."
What looms over the head of humanity is the CCP's 24-year persecution of Falun Dafa's 100 million practitioners in Mainland China, which was launched by former Chairman Jiang Zemin on July 20, 1999.
Although Jiang is dead now, the persecution still continues. Xi hasn't been a part of the persecution. Xi, to the contrary, has been killing the participants of the persecution in his "Anti-Corruption Campaign."
But much of the world has gone to Shanghai to do business with the Jiang Faction and that requires swearing vows to the Red Cult's Flag of Blood and leaving collateral.
This is going to be a roadblock to the future for the U.S. "systemically important banks" that cannot be passed, and the impact is going to be significant.
So, here's the trade on Goldman Sachs.
The target the algorithm is set up to pursue is definitely $275. Shorting from $320 actually really isn't that bad. Getting $45 on a put will do rather well for you even if you can only afford one.
Although optimal entry was definitely the $350s.
But the truth is that you aren't likely to be able to long $274 profitably. I'd say the first place you can look for a reversal or a meaningful bounce is $223.
Humans won't believe it until they see it. But once you see it, it's too late.
It only counts if you do something for yourself while the cards are still face down.
Just like poker, the river is coming, and there won't be any "running it twice."