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DOW

DOW THEORY APPLIEDADA is showing one of the tenets of the DOW Theory. According to Dow, the market has three phases: 1) An accumulation phase 2) A public participation phase 3) A distribution phase The accumulation phase represents informed buying of the investors. The public participation phase is where the prices advance rapidly along with great news. In the distribution phase, the same "informed investors" who "accumulated" near the bottom begin to "distribute". Right now, we might expect a couple of months-long Accumulation Phase before any rally due to Public Participation. For more information on Dow Theory, you can read "Technical Analysis of Financial Markets" by Johny J. Murphy
Education
by Mr_Banker
DOW JONES The Inverse Head & Shoulders no-one is talking about.The Dow Jones (DJI) index remains within its 5 month Channel Up pattern that started in mid March and recently hit its top. What the majority of the market is missing is a stronger pattern on the wider 1W time-frame. This long-term chart shows that an Inverse Head and Shoulders (IH&S) pattern priced its Head (bottom) when the Channel Up started and completed the Right Shoulder on the first week of July. As a result, the aggressive 3 week rally that followed is a natural consequence of the completion of that pattern, similar to the October - November 2022 rally that led to the start of the IH&S. Such patterns can technically target as high as the 2.0 Fibonacci extension level, which sits just above the 36975 All Time High. As the 1W RSI is bounce on a Pivot level (formerly a Resistance), we have more reasons to continue to be bullish in this market and target first the 35900 Resistance and ultimately the ATH at 36975, potentially all within the boundaries of the Channel Up. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CAPITALCOM:US30Long
by TradingShot
12
DOW JONES: Top is in. Sell signal confirmed.Dow Jones turned neutral on the 1D timeframe (RSI = 52.418, MACD = 174.150, ADX = 47.396) for the first time in one month after the price was rejected inside our targeted zone consisting of R1 - R2. The price completed an approximate +6.20% rise, which is the technical norm inside the four month Channel Up pattern that is holding to this date. Technically this is a sell signal, targeting the 1D MA50 (TP = 34,650). A 1D candle close under the 1D MA50, signals an additional sell, targeting the bottom of the Channel Up and the 1D MA200 (TP = 34,150). Prior idea: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CAPITALCOM:US30Short
by InvestingScope
10
$AAPL- WEEKLY CHART LOOKS READY BOOM$AAPL is going to do some serious moves in the coming weeks. Class A Hidden Bullish Divergence on the oscillators with positive momentum starting to build with the follow through price action IE MACD Divergence. Targets are $200, as this would be typical psycological resistance and $210. As soon as we can crack above point B and claim new support, we are off to the races and will see upward price action. Retraced to the common .382 - .500 ranges, as this is tpyical when the market/price is in a uptrend. Very clear, cut and dry TA if you ask me. Tech Stocks/Crypto Market is awaking from the long and exhausting piss poor peformance and wants to run upward again. Buy before the FOMO nerds get in ;)
NASDAQ:AAPLLong
by BShellhammer
DOW JONES Can go to 36000 before is starts another correction.Dow Jones / US30 us extending the rise inside the 4 month Channel Up, supported by the 4hour MA50. It has already crossed over Resistance A (35525) and as long as the 4hour MA50 holds, it can even break above Resistance B and make a Higher High inside the 36000 - 36100 range. Sell when the price crosses under the 4hour MA50 and target the 4hour MA200. An alternative target to close sell positions can be when the 4hour RSI gets oversold under 30.00. Previous chart: Follow us, like the idea and leave a comment below!!
CAPITALCOM:US30Long
by TheCryptagon
1
Dow Jones US30 longDow has defended 30% retracement and closedabove 0.61 Fib A break above 34662 will drive Dow to 35634 . A successfull Break above 37000(High 2022) will be the the start of the 2nd phase of the bulltrend to reach 42491 The Dow Jones closed more than 209 points higher on Monday, while the S&P 500 and the Nasdaq added 0.2% each, as investors awaited the US consumer and producer inflation reports later this week and braced for the start of the second quarter earnings season. The upcoming inflation report is expected to offer additional evidence regarding inflationary pressures and provide insights into the Federal Reserve's future actions. Traders are currently pricing in a nearly 92% chance for a 25bps increase in the fed funds rate this month, but the odds for another quarter point hike later in the year have been swinging, currently standing at 22% for September and 33% for November. Healthcare shares were among top performers of the session including Amgen (+2.5%). Also, Inter (+2.8%), Honeywell (+2.2%) and Home Depot (2.5%) outperformed while mega cap shares dragged as Apple (-1.1%), Tesla (-1.7%), Microsoft (-1.6%), Alphabet (-2.5%) and Amazon (-2%) ended in the red. US Consumer Credit Misses Forecasts, Lowest Since 2020 Total consumer credit in the US increased by $7.24 billion in May of 2023, following a downwardly revised $20.32 billion rise in the previous month and well below market expectations of a $20.25 billion rise. It was the smallest monthly gain in consumer credit since November of 2020, as revolving credit, like credit cards, growth slowed to $8.49 billion (or +8.2 percent on annual basis), compared to an upwardly revised $14.16 billion rise in the prior month. Non Revolving credit, typically auto and student loans, fell by $1.25 billion ( or -0.4 percent), following a downwardly revised $6.15 billion gain in the prior month Trend Bullish Strategy Long Bullish
CAPITALCOM:US30Long
by DaveBrascoFX
1
DOW JONES Sell signal at the top of the Channel Up.Dow Jones reached the top of the 4 month Channel Up today just after crossing above Resistance (1). The MA50 (1d) is the first Support of this pattern and has been untouched since July 10th. Trading Plan: 1. Sell on the current market price. Targets: 1. 34450 (expected course of the MA50 1d). Tips: 1. The RSI (1d) is has formed a top pattern, same as April 13th and June 15th. Please like, follow and comment!! Notes: Past trading plan:
CAPITALCOM:US30Short
by TradingBrokersView
2
Hyperinflation Is Coming - + BRICS - CPI - UFL WAY-MAP Similarities between Japan 1989 & Weimar Germany 1923 could not be more clear. People waiting for the "recession" clueless to the break down of the USD dollar system. --MISCONCEPTIONS-- But the 10Y - 2Y yield!, did you adjust that indicator for the QE / debasement? probably not like every single other economist that refuse to acknowledge Quantitative Easing is real why? simple it keeps their assets rising self fulfilling prophecy. But inflation is coming down! Hyperinflation is solved!, did you know before the final vertical hyperinflation event inflation actually fell in Weimar Germany to zero? But the world purchases US debt because the US always pays its debt!, ok great 32.5 Trillion in US National Debt. 192.5 Trillion in US Unfunded Liabilities. US CPI going vertical & FRED raising rates in panic as the base GDP growth cannot fund this debt how do you think they are going to afford it?. That's right! they're going to be forced to print hundreds of trillions of dollars. Well done you have purchased debt of a currency on the brink of hyperinflation. --REALITY-- CPI both Weimar Germany & USA are going up way way too fast Government debt in both time periods are going vertical, what did Weimar Germany do to solve this? they debased their currency to pay the debt & interest. BRICS + Will continue their move creating a multi polar world economy and majority of countries will go with China & Russia due to their near zero debt to gdp. Japan owning the most US debt forced to raise rates to deal with local inflation and their own bonds have no option but to talk with Russia & China to save their country or they will go under with the USA its just math. USA has one option 1.Print 100's of trillions to stop safety nets failing + explosion in unemployment & introduce a new currency like Germany did at a 1:10 ratio. 2. Federal Reserve now purchased all your assets, destroyed your currency, forced you to lose your value 1:10 1:100. Welcome to Socialism. -- Final -- Between 1913 and December 1923, retail prices increased by about 1 trillion, with inflation accelerating in 1922-​​1923. After World War I, the Versailles Treaty of 1919 condemned defeated Germany to pay reparations of a disproportionate amount (equivalent to two years of its pre-​​war GDP). The State financed these payments by creating money, which led to a self-​​sustaining rise in prices: as prices rose faster and faster, people sought to buy right away for fear of having to pay more later. This flight from money led to hyperinflation: prices rose faster and faster, and increased by 1 trillion between 1913 and December 1923. Gradually, the Reichsmark lost its functions as money, as evidenced by women burning banknotes to keep warm since they were worth less than wood logs. On 15 November 1923, a monetary reform broke the inflationary spiral by replacing the Reichsmark by the Rentenmark, on the basis of 1 Rentenmark for 1 trillion Reichsmark. This hyperinflation crisis also saw the rise of mass unemployment and extremist movements, in particular the Nazi Party of Adolf Hitler, which failed its attempted coup on 8-​​9 November 1923 in Munich. -- Final -- -This started with global emergency QE in 2008 now 2023 15 years period. --USA abandoned the gold backing of its currency in 1971. USA is out of time and out of options based on history. -Weimar Germany Started printing in 1913 failed currency 1923 10 years period. --Weimar Germany abandoned the gold backing of its currency in 1914. How to counter trade this? just see where the smart money flocked to in Weimar Germany. "Investors want a spot Blackrock ETF to manipulate retail traders, no people investors want a secure fast way out of the system collapsing before your eyes".
SP:SPX
by FederalXBT