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Dowjones

DOW JONES: Strong short term buy signalDow Jones is on a range with the 1H timeframe neutral (RSI = 46.672, MACD = -41.790, ADX = 29.739), giving us an opportunity to buy the decline of the last three days and target the 1D MA50 (TP = 34,000). Technically this consolidation, even on 1D RSI structure which is inside a Rectangle, mimics early September. The medium term trend remains bearish inside a Bearish Megaphone but the long term bullish inside a Channel Up. See how well our prior idea has worked: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CAPITALCOM:US30Long
by InvestingScope
DOW JONES Inverse Head and Shoulders signals for a new buyDow Jones (DJI) has completed an Inverse Head and Shoulders (IH&S) pattern and this week's pull-back, caused by a rejection on the 4H MA200 (orange trend-line), may be the last before it starts rising to a new Higher High. We are taking this opportunity to buy for the short-term and target the top of the dashed Channel at 34200. The IH&S can complete its long-term target on the 2.0 Fibonacci level (35000) after it breaks above the Lower Highs trendline. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CAPITALCOM:US30Long
by TradingShot
US30 D1 - Sell zone from 35,000US30 H8 We indicated the 34000 sell zone yesterday, and we have since seen a tame 1.5R from this area. Speaking with a few followers, this is something they've capitalised on. That being said, the concern for DXY downside throws a spanner in the works, and the chances of US30 pushing towards 35000 is becoming more and more. 35000 is certainly a preferred sell zone, psychological price, D1 resistance and supply, 2 previous tests. Also, this would tie in with US100 15500 target pace too.
BLACKBULL:US30Short
by Trade_Simple_FX
DOW JONES On the verge of a new bullish break out.Dow Jones is testing the MA200 (4h) today, after holding the MA50 (4h), extending the rebound that was generated at the bottom of the Channel Up. This is so far replicating to a good extend, the March 15th rebound-bullish leg. Trading Plan: 1. Buy on the MA200 (4h) break out. Targets: 1. 34850 (Falling Resistance). Tips: 1. The MACD On the (1d) time frame is past a strong Buy Cross, much like March 22nd. It shows that we are on the same level as when that bullish leg tested the MA200 (4h). Please like, follow and comment!! Notes: Past trading plan:
CAPITALCOM:US30Long
by TradingBrokersView
2
DOW JONES is in an expansion Cycle and people still shorting it!Dow Jones on the 3M chart gives you the clearest picture you can get. Every 10-15 years it consolidates inside a Megaphone (fundamental reasons like war, recession etc) and then an expansion phase follows. In the 90s this expansion phase was extended due to the uprecedented boom of Dotcom. While the index is on its expansion phase, the RSI trades inside a Falling Wedge, which warns of the loss in bullish strength and eventually leads to the new Megaphone. Right now it is obvious that we are in an expansion phase. Needless to say it will last for as long as the MA50 holds. The real question is will it be short like in the 1950s or extended like in mid 1980s-90s? Follow us, like the idea and leave a comment below!!
TVC:DJILong
by TheCryptagon
7