nasdaq 4hour chart say= upper target is fibo161%, dont pick sellif you have old sell 100 close all now or hedge them ( lot = 1.5 * total sells)
AC indicator on daily chart is green this show up trend will come
we have 3 fibo 161% now ,,,first fibo 161% show short term target1 is 13600 (pick sell possible there after sell pinbar comes with SL n pinbar high) then nasdaq can go down but will start up trend to 14000 even 14600(daily chart fibo 161%(long term target)
ALERT= on bad news if nasdaq break EMA200 1hour (green line) it is switch signal to sell
i wish you best trade and win but with SL in last high/low ,,,,put,eat SL is base of this game
DOW
DOW on a retracement 🦐DOW on the 4h chart is testing the 33800 area.
The market after the bullish impulse may be looking for some retracement.
At the moment th index is trading above a confluence area between the structure and an ascending resistance and according to Plancton's strategy IF the price will break below we can set a nice short order according to the CPS rules.
DOW JONES: Channel Up transitioning to a H&S? Dow Jones is still trading inside a Channel Up but the recent pullback has made the 4H technicals almost oversold (RSI = 32.864, MACD = -84.940, ADX = 57.885). The RSI on such levels is a technical buy but the Channel Up has more room to fall before bottoming around the 1D MA50 and 4H MA200. We are looking for a buy at 33,100 but if 4H closes under the 4H MA200 we will short to S1 and then buy. In either case the target will be the top of the R1 Zone (TP = 34,600).
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The Age of BubblesToday's world is a world of economic bubbles and rapidly changing technology. From cryptocurrencies to the dollar, from printing presses to centralized digital currencies, these are all part of our lives. However, with the arrival of CBDC (Central Bank Digital Currency) could be the beginning of the end of the bubble era.
Currently, many investors and traders believe that economic bubbles are normal. Their creation can lead to rapid enrichment, but it can also lead to great losses. This is why some experts believe that we are in the age of bubbles.
Cryptocurrency is one of the most famous economic bubbles in existence. It has quickly gained popularity, attracting many investors and traders. Over the past few years, however, we have seen its prices fluctuate, causing many investors to lose their money. This has made it clear that cryptocurrency is one example of an economic bubble.
The dollar is another example of an economic bubble. Its popularity and impact on the global economy made it one of the most widely used currencies in the world. However, with the rising debts and budget deficits in the U.S., experts believe that the dollar could lose its stability and become another bubble.
The printing press is another example of technology that can become a bubble. It can lead to inflation and deflation, as well as other problems related to the unequal distribution of wealth.
However, there may soon be a solution to the problem of economic bubbles: the Central Bank Digital Currency. CBDC is a digital currency issued by central banks that is based on blockchain technology (or centralized blockchains haha) . It regulates and controls the circulation of money and reduces the possibility of economic bubbles. Since out of the chain between the central bank and the person will leave the private bank, which is what creates bubbles ( so the banks fall is inevitable)
However, the emergence of CBDC could also cause some problems. Some experts worry about the possibility of limiting personal freedom and privacy, since the government would have complete control over the circulation of money. In addition, CBDC could lead to a technological monopoly unless there is full access and competition in the market.
Thus, we live in an era of bubbles, economic bubbles, the dollar, cryptocurrency, and the printing press. However, with the arrival of CBDC we can hope for a more stable and controlled financial system. However, in order for CBDC to be a successful alternative, certain problems concerning competition, privacy, and accessibility must be solved.
About ISO 20022
Central Bank Digital Currency (CBDC) can use ISO 20022 to ensure standardization and interoperability between different systems and participants in the payment infrastructure.
ISO 20022 is an international standard for electronic data exchange in banking and finance. It provides unified formats for the exchange of information on payments, invoices, money transfers and other financial transactions.
Using the standard ISO 20022 can improve the efficiency and reliability of payment processing in CBDC systems, as well as provide the possibility of interaction with other payment systems, which also use this standard.
However, the specific standard used for CBDC may vary depending on the decision of each individual central bank.
Many economists, traders and financial analysts are aware that financial bubbles are a problem that can economic consequences. They also understand that economics can work differently in different paradigms, so they explore new technologies, concepts and methods.
In addition, many of them are already working with cryptocurrencies, blockchain technology and other innovative financial instruments, and therefore have an idea of how they can affect the economy and the financial system as a whole.
Nevertheless, there are still economists who believe that financial bubbles are an inevitable part of economic life and that the economy cannot work without them. However, with the development of new technologies and approaches, this view is becoming increasingly outdated.
In any case, economists, traders and financial analysts must remain open to new ideas and concepts in order to successfully adapt to the changing economic environment.
Best regras EXCAVO
DOW JONES Potential Head & Shoulders and invalidation level.Almost a month ago we gave the most optimal buy entry for Dow Jones (DJI) exactly at the bottom of its 4-month Channel Down:
Right now, we see an emerging Head and Shoulders (H&S) pattern, which is a technical pattern typically formed on market tops. The key now is the 4H MA100 (green trend-line). A closing below it, will most likely accelerate the pull-back towards Support 1, in which case we will target 33330.
A 4H candle close above 4H MA50 (blue trend-line) will be a bullish break-out signal and should invalidate the H&S pattern, targeting first Resistance 1 and Resistance 2 in extension, in which case our Target will be 34500.
Note the the 4H RSI has been inside a Channel Down since April 04, thus a big Bearish Divergence when compared to the price's Channel Up.
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US30 33824 -0.11 % SHORT IDEA 🐻📉💡HELLO EVERYONE
HOPE EVERYONE IS DOING GOOD.
* Looking at US30 HEADING into the London session.
* The DOW is yet to take either the BSL OR SSL
* Looking for a break above of the Asian session in this set up at London open simply because we failed to create a HH in NY & ASIAN SESSION.
- ASIA opened significantly bearish so looking for a correction of this move for entries after taking bsl.
- TARGET would be the the SSL.
lets see how it goes.
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
____________________________________________________________________________________________________________________
* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
_____________________________________________________________________________________________________________________
| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - I TAKE MY TRADES ON A INTRA DAY SESSIONS BASIS THIS IS NOT FINACIAL ADVICE TO EXCECUTE ❤
LOVELY TRADING WEEK TO YOU!
DOW on a bearish price action 🦐DOW on the 4h chart is testing the 33800 area.
The market after the bullish impulse may be looking for some retracement.
At the moment th index is trading above a confluence area between the structure and an ascending resistance.
How can i approach this scenario?
According to Plancton's strategy IF the price will break below we can set a nice short order according to the CPS rules.
Dow Inc – DOW – Wait to step inLeft chart – daily chart / 1 year
• Resistance from the price gap formed mid-January 2023 at USD 56.58/57.02
• Resistance from 76.4% Fibonacci Retracement at USD 56.64
• Support from the price gap formed mid-November 2022 at USD 50.02/50.90
• It looks like that the MACD-Line is crossing the Signal line from the top to the bottom
• If there is another negative day, the share price will cross the 100-day MA
Right chart – weekly chart / since inception
• Resistance from the price gap formed June 2022 at USD 60.58/61.86
• Resistance from the 100-week MA
This doesn’t look like an entry point. The stock is trading between the price gaps from the short-term chart (left chart). The financial are coming out in 2 days. I would wait to invest and see an entry point at around USD 50.00
YM1! US30USD DOW 2023 APR 24 WEEKYM1! US30USD DOW 2023 APR 24 WEEK
Discretionary trade at the 34275 rejection yielded 350pts.
With price failing to reach previous supply level 34605,
could market be indicating that demand at higher levels
have been exhausted?
If so, we may be looking at further distribution (i.e. selling)
Possible scenarios:
1) With weakness observed, wait to short at rejection at 34605 // 34275
2) Possibility of rotation between 33670 - 34275 = trade at boundary
of range
Volume Analysis:
Daily: Possibility of buying climax.
Price reaction levels
Short on Test and Reject | Long on Test and Accept
35228 34605 34275
33670 32681 31657
Remember to like and follow if you find this useful.
Have a profitable week ahead. CBOT_MINI:YM1!
DOW JONES Still bullish, one last pullback possibleDow Jones is under the 4hour MA50 for a whole day but still inside both the short and medium term Channel Up patterns.
As long as they hold, the trend remains bullish and we are targeting 34375. If the price crosses above Resistance A, extend buying to Resistance B (34900).
There is a probabilitiy for one last pull-back to the Rising Support around 33300 if the Channels break. That will still be a buy opportunity.
Previous chart:
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DOW JONES Crossed under the MA50 (4h), first time in a monthDow Jones crossed under the MA50 (4h) today for the first time since March 24th.
Even though that's a bearish bell, the 1 month Channel Up is intact, thus the trend remains bullish.
Trading Plan:
1. Buy as long as the price stays inside the Channel Up.
2. Sell if it crosses under the MA100 (4h).
Targets:
1. 34950 (Rising Resistance 2).
2. 33000 (MA100 1d).
Tips:
1. The RSI (4h) is inside a Channel Down ever since Dow started to diverge inside a Bullish Megaphone. This is an indication of a potantial pattern chance from more aggressive bullish to less aggressive bullish/ neutral.
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Notes:
This is a continuation of this trading plan:
Dow Activity Decelerating...For How LongI don't think it escapes anyone's attention that market activity levels (volatility) are exceptionally low compared to recent history.
The VIX dropped below 17 and the innate activity levels on the major indices (like the ATRs) have followed the same course. The medium-term activity reading on the Dow (20-day) has dropped to the lowest levels since before the market topped and reversed at the beginning of 2022.
That marries nicely to the very narrow range that the blue chip index has made recently. The AMEX:DJIA cleared the smallest three-day range in a long time this morning with the gap down, but it probably isn't signaling 'breakout' follow through expectations for many outside of those with 5 minute time frame charts.
What is remarkable to me is that the activity levels are still decelerating - meaning short-term volatility is still dropping faster than medium-term. Here is the ratio of the 5-day (1 week) to 20-day (1 month) ATR ratio. There is natural 'mean' to this acceleration/deceleration.
4-19-23 [dji]good afternoon,
there's a very wise man in this market named C who once asked me a question,
C asked:
"you know who loses the most amount of money in a bear market?"
i was like nah who,
C said:
"bears".
---
the dow bones came down from ath in a simple zig-zag (3 wave move)
i am theorizing that it's creating an equal sized move to the upside, but in 3 waves.
3-3-5 is all i'm going to say for now - this will either make sense to you, or it won't -
though, i promise not to leave you hanging when the time comes anon.
---
when the dow bones take out ath, euphoria will peak out in the entire world -
it won't make sense to 90% of the market, as they'll spend most of their time adding to their shorts,
wondering "how can this possibly be?".
---
here's how,
bears keep shorting,
market maker keeps squeezing,
and they keep squeezing until every last bear goes poof.
✌
DOW JONES: Two Channel Up patterns in progress.Dow Jones is mostly neutral on the 4H timeframe due to the slow price action of the past 10 days but remains bullish long term on the 1D timeframe (RSI = 64.809, MACD = 269.290, ADX = 67.751) as the Channel Up is intact following the Golden Cross.
In fact, if the 4H MA50 continues to support (has been doing so for almost 1 month since March 24th), we see the potential for a new Channel Up to emerge as shown by the dashed lines. This can take the price straight to R3 (TP = 35,800). If the 4H MA50 fails to hold, we will sell short term to the 1D MA50/4H MA200 range (TP = 33,200) and then buy for a less aggressive target on R1 and the top of the March Channel Up (TP = 34,600).
Prior idea:
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Key Levels and US Market Review for the Asian session open 18/04Major Indexes were relatively flat overnight as traders digest US earnings and the continued rally into Bond yields. Inflation remains the main focus along with Company Guidance over the coming weeks. The USD continued the move up which pressured commodities and USD denominated currencies. For now, traders are happy to remain risk on into shares although they are unwilling to add further risk into portfolios which to me suggests a swing lower....especially if yields continue higher.
I remain of the view that sticky inflation is the big issue but it remains a balancing act for the Fed. Traders are continuing to anticipate the end to the rate rising cycle and may be wrong again. If the Fed stops too soon, then shares will rally and put pressure back on inflation.
Some KEY ACTIONABLE LEVELS into the Asian market session. Review of the European and US sessions and what that will mean to the price action in the near term along with key levels to watch.
Markets covered :-
DOW
Nasdaq
DAX
FTSE
ASX200
Hang Seng
USD Index
Gold
Oil
Copper
DOW JONES: Huge bullish breakout. Can target 35,900 this quarterDow Jones crossed above the long term Channel Down and turned technically bullish on the 1D timeframe (RSI = 66.042, MACD = 233.400, ADX = 55.323). Given that the bottom pattern was an Inverse Head and Shoulders, which was something we pointed out previously (see prior idea at the bottom), the new buying wave can take the price a lot higher than our short term target on R1 (TP = 34,350), even above R2 to Fibonacci 2.0 and R3 (TP = 35,900). The 1D RSI indicates that the index is on the biggest strength since late November.
Prior idea:
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DOW JONES Pulling back for a lower buy opportunityDow Jones is pulling back to the 1day MA50, which is headed to the bottom of the Channel.
You can sell the distance but focus more on buying as close to 33100 as possible and this is the neckline of the Inverse Head and Shoulders pattern.
Target 34500 (Resistance Zone A).
Can be viewed as the inverted structure of December 15th - February 15th.
Previous chart:
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DOW JONES Broke above the Channel Down. Nothing can stop it.Almost a month ago we gave the most optimal buy entry for Dow Jones (DJI) exactly at the bottom of its 4-month Channel Down:
The price has hit our medium-term target and zooming out into the longer term horizon we can see the grand pattern being an Inverse Head and Shoulders (IH&S). This is a bullish reversal formation, in fact it may be characterized as the bottom formation of the 2022 Bear Phase.
The long-term target can be as high as the Shoulders Resistance, the Higher Highs trend-line. If it is inversely symmetrical to June, we can expect a +12.78% rise. This gives us a target for the next 4 weeks at 35400.
Note that if it follows the late October 2022 rally, then it is possible to give one last pull-back within the 1D MA50 (blue trend-line) and 1D MA100 (green trend-line) before our target is materialized.
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Dow Jones - DIA DJIBoy, are these markets something else. Since before 2008, markets correlated relatively close to economic data. Since the introduction of Fed intervention with slashed rates and Quantitative Easing, "markets" were able to "shrug" off even the worst geopolitical and economic events. In fact, it defies all logic.
Logically, markets can and should ignore all TA when an economy is hurting significantly. There isn't a bright spot in the economic data. The consumer is badly beaten and barely holding on. Discretionary spending, credit card debt, personal debt, consumer sentiment, and consumer confidence show us that the average American is at their limit for what they can spend and do. A new study showed that 1 in 4 Americans are skipping Thanksgiving Dinner altogether because of the costs. Keep in mind the collapsing retail, collapsing freight by sea, and now the threat of rail strikes in December which is quickly becoming a reality.
This of course is one of countless statistics that show the pain of average American. Other statistics show savings rates have plummeted and credit card debt is at record levels as people's pay-checks are no longer covering their expenditures.
We've about peaked in this market, looking at a double top from August 2022.. but again, TA doesn't matter as it did before. MACD and RSI have PLENTY of room on the downside. Look at the economic data, even the TA for the short term and position accordingly.
This chart can and will most likely reflect majority of stocks from S&P, Nasdaq, QQQ, SPY, IWM or Russell 2000.
DOW JONES: Inverse Head and Shoulders possibleDow Jones may be close at completing an Inverse Head and Shoulders pattern while being bullish both on the 4H (RSI = 60.932, MACD = 165.930, ADX = 34.060) and the 1D timeframes. A pullback to 32,800 and then rebound would confirm that. Even without it, we are ready to buy the breakout above the Channel Down, targeting the bottom of the R1 Zone (TP = 34,350).
If the Inverse Head and Shoulders is indeed confirmed, we will target R3 and Fibonacci 2.0 by late May (TP = 35,900).
Prior idea:
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DOW JONES has started a rally that will amaze mostDow Jones is currently on the 3rd straight green 1W (weekly) candle above the 1W MA50 (blue trend-line), testing the top of the 4-month Channel Down. We have previously seen almost the same pattern during the 2015-2016 correction (E.U./ China/ Oil crisis). A fake-out below the 1W MA200 (orange trend-line) initiated a rebound above the correction's Lower Highs trend-line and formed a Channel Down.
This Channel Down in 2016 was nothing but a Bull Flag pattern which after another fake-out, this time below the 1W MA50, it rebounded and almost reached the 1.5 Fibonacci extension with a final pull-back on Fib 0.786 that kick-started a very aggressive rally. Even the 1W RSI patterns match. Do you think that's the blue-print for Dow?
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