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Dowjonesanalysis

Dow Jones Analysis 22.12.2022Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single comment! If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel. Thank you for watching and I will see you tomorrow!
OANDA:US30USD
by basictradingtv
20
Dow Jones: Defenses 🍵When it’s cold outside, it’s always important to strengthen your body’s defenses. To boost its own immune system, Dow Jones is currently taking an invigorating sip of hot turmeric-ginger tea in the form of the orange zone between 33 283 and 31 689 points. We expect the index to expand this healthy swig to finish wave iv in orange. Afterwards, it should be bolstered enough to tackle the resistance at 34 707 points. There’s a 30% chance, though, that the warm beverage might relax Dow Jones too much so that the index could slip through the orange zone. In that case, it should drop into the blue zone between 30 955 and 29 934 points first before climbing upwards again.
CBOT_MINI:YM1!
by MarketIntel
REVEALED: THE DOW JONES 30 What, Facts and Make-upAll index traders trade it... But do we know anything about The Dow Jones? I'm going to break down what it is, some interesting facts about the Index and what companies makes up the index. Save it because it's all you need for the Dow Jones. WHAT IS THE DOW JONES? The Dow Jones 30, or DJIA or "The Dow" is a stock market index that reflects the performance of 30 large, publicly traded companies listed on the New York Stock Exchange and the NASDAQ. INTERESTING FACTS! 1. The index was created by Charles Dow, editor of the Wall Street Journal, in 1896. 2. The DJIA is calculated by taking the sum of the prices of the stocks of the 30 companies included in the index, and then dividing that sum by a divisor, which is adjusted periodically to account for stock splits and other corporate actions. 3. The DJIA is considered a "price-weighted" index, meaning that the stocks with higher prices have a greater impact on the index's value. 4. The DJIA is one of the oldest and most widely followed stock market indices in the world, and it is often used as a barometer of the overall performance of the U.S. stock market. The DJIA is composed of a mix of blue-chip and cyclical stocks, which means that it tends to be more stable than some other stock market indices, but it can also be affected by economic and market cycles. The DJIA is often abbreviated as "the Dow" and is quoted in points, rather than dollars. For example, a DJIA value of 32,920 means that the index is at 32,920 points. WHAT IS MADE UP OF THE DOW JONES? 3M American Express Apple Boeing Caterpillar Chevron Cisco Systems The Coca-Cola Company DuPont Exxon Mobil Goldman Sachs The Home Depot IBM Intel Johnson & Johnson JPMorgan Chase McDonald's Merck Microsoft Nike Pfizer Procter & Gamble Travelers UnitedHealth Group United Technologies Verizon Communications Visa Walmart The Walt Disney Company Exxon Mobil What Index would you like to know about next? I'll write about it and post it here. Trade well, live free. Timon MATI Trader
DJ:DJIEducation
by Timonrosso
40 Bar Cycle Chart - Dow Jones DIA DJIA - Updated 121722This last week, markets initially rallied on the release of the "cooler" than expected November CPI (Consumer Price Index) — only to be smacked back to reality on the comments via Federal Reserve Chairman J. Powell during the December Interest Rate Decision (FOMC) meeting this last Wednesday as "higher for longer" is the communicated pathway forward for the FED and financial markets. Whether this is all talk to put some intentional downward pressure on markets, as financial conditions have eased as of late — or this is the actual pathway forward and the bond markets are mis-pricing the projected Terminal FFR (Fed Funds Rate, now >5% into 23'), some indicators such as our (40-Bar Cycle Chart) 📉 are highlighting what is likely another leg down in financial assets as QT ramps up and higher interest rates take their toll on real economic activity. Keep in mind that behind the scenes, the FED in coordination with the U.S. Treasury are working their magic 🧙🏼‍♂️🔮 in terms of FED Net Liquidity to keep things "(dis)orderly". Here is the updated 40-Bar Cycle Chart for DIA DJIA, which seems to be sitting on some major support. Given the structure of the markets after losing the $330 DIA / $33,000 DJIA, along with J. Powell and other FED speaker comments post-FOMC on Friday, is the hopes for a year-end 🎅 🎄 rally wishful thinking? DIA Daily Chart Template www.tradingview.com Which camp are you in on the short-term (end of year into Q1/23') direction of markets? Camp A: We are likely we headed for new lows in Q1/23 (Fluctuating Inflation + Persistent Price/Wage Pressures + Hawkish FED). Camp B: We are likely to break the downtrend into the start of Q1/23' (Peak Inflation + Deflationary Forces + Dovish FED). Let me know your prediction in the comments below! 👇🏼
AMEX:DIAShort
by kylemusserco
1
Dow Jones Analyze (Road Map)🗺️(Update)!!!As I said in a previous Idea about Dow Jones, If DJI touches 31885$, we can verify the first scenario.👇 DJI will make the Expanding Leading Diagonal, and I expect that DJI will go down to the end of main wave 5(zones). Dow Jones Analyze (DJIUSD), Timeframe Daily⏰(Log Scale) 🔴Resistance zone: 33700$ until 33260$ 🟢Heavy Support Zone: 31260$ until 29680$ Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
TVC:DJIShort
by pejman_zwin
1
US30 Daily Outlook - 06 Dec, 2022Merry Xmas folks! Am back fresh and stronger! US30 has been ranging between 33500 and 34500 since November 22, 2022 (see psychological levels on chart) . Daily TF looks very bullish where we expect a flip of the daily candle for price to continue heading downwards with targets between 33824 and 33611 levels. Moving to intraday (4H, 1H, M30 TF), with strong support at 33871 area, price may yet create another wick rejection around that area. This level could serve as sniper entry (if and only if you wait patiently to see price hit and close above the 33871 price level- i recommend you use lower time frames to get in at a very profitable price). Fibonacci retracement tool have been used to make out possible sniper entry area for proper guidance as well. Patiently wait for price in 30 mins/1H TF to hit and close above the fibo level then apply breakout strategy to get in as required and use your risk management strategy to place SL. I hope this yield great results for us all. Disclaimer: This is just an idea and never a green light to expose your capital to wall-street wolves. Do not take this as a financial advice hence follow my recommendations at your own risk(s)
OANDA:US30USDLong
by Kingsley_lotanna
DIA Dow Jones Outlook For 2023Throwing a textbook at the charts it becomes clear at what is happening. This is DIA Dow Jones ETF: - A Clear double bottom formed that pushed DIA to recent resistance - yellow line - Another rising wedge is forming which we will see correction, small correction. - After small correction we will retest Resistance line again. - AFTER the above we will form a DOUBLE TOP which we can retest resistance. ALSO note the fibonacci levels at 0.618 we will have to close the gap at the green arrow.
AMEX:DIAShort
by MARKETLYTICAL
Dow Jones Weekly Volatility Analysis 5-9 Dec 2022 Dow Jones Weekly Volatility Analysis 5-9 Dec 2022 We can see that currently the implied volatility for this week is around 2.82%, down from 3.06% last week according to VXD data With this in mind, currently from ATR point of view we are located in the 7th percentile, while according to VXD, we are on 8th percentile. Based on this, we can expect that the current weekly candles ( from open to close ) are going to between: Bullish: 2.6% movement Bearish: 1.9% movement At the same time, with this data, we can make a top/bot channel which is going to contain inside the movement of this asset, meaning that there is a 19.5% that our close of the weekly candle of this asset is going to be either above/below the next channel: TOP: 35473 BOT: 33370 Taking into consideration the previous weekly high/low, currently for this candle there is : 79% probability we are going to touch previous high of 34750 21% probability we are going to touch previous low of 33370 Lastly, from the technical analysis point of view, currently from Weekly timeframe indicates 77% BULLISH trend Daily timeframe indicates 80% BULLISH trend 4H timeframe indicates 53.3% BULLISH trend
CBOT_MINI:MYM1!
by exlux
DJI Dow Jones Short???Hello there! Great news came out yesterday regarding the interest rates by May 2023. Regardless, a great pump in market yesterday. But with such actions opportunities arise that can be seen while charting the trend. Here we have Dow Jones Industrial DJI shown: - A previous falling wedge worked it self into a nice pump. - Heading into correction territory. - How do you find where the correction will retest and bounce? -- Take a look at the previous Unclosed gad in green box at the 1HR chart. Gaps eventually will have to be closed. -- Also take a look at the FIB where the 0.618 lands, right at the GAP. What are your thoughts? Thank you for taking a look. Cheers.
DJ:DJIShort
by MARKETLYTICAL
Dow Jones Industrial Average Index Concern!Today you can review the technical analysis idea on a 1M linear scale chart for the Dow Jones Industrial Average Index (DJI). In the chart, I added in the RSI as well as review the Great Recession history to get an idea of where the DJI is headed. It seems that the DJI has been moving up an ARC with a possibility to come down and touch it again. It is currently inside a descending channel. If DJI price falls as much as it did during the Great Recession, it could come down to the $18K level where there is strong support. The RSI could support that type of drop as it is no where near the oversold region. This is presented on the monthly chart so please have patience. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #millionaireeconomics
TVC:DJI
by MillionaireEconomics
5
US30 Analysis & Trade PlanUS30 is looking bullish today, After tomorrow's rally & the breakout of the trendline, at the current Market Price US30 can make a move down to retest the trendline & Support level. I'm looking at the 33480 - 33550 level to enter the long trade after the confirmation in lower timeframes. And my Last take profit will be around 33950. Bullish Signals: 1. 4hr Bullish trend continuation 2. Trendline Support 3. 33547 Support level 4. 0.5 & 0.382 Fib Support
ULong
by talhaiqbal678
next week crucial for Dow jonesIf we see Dow Jones, 50 WMA support around 33000 and is trading above previous resistance of 33200. It'll act as crucial support and levels for next few weeks & for the next month. Doji is in making for the week, which is acting as clear indecisiveness. absolute buying interest will be above 34000 levels we can see clearly, otherwise sell on rise as the pattern (we are seeing in past has formed), around 29700 is visible as next support that is 200 WMA. Nasdaq has to play crucial role, if it move towards 13000 we will definitely enjoy new highs in Nifty as well. RSI has acted positively with RSI bullish divergence forming near lows. Watch out for it.
TVC:DJI
by Jrkautilya9
Dow Jones Weekly Volatility Forecast 7-11 November 2022Dow Jones Weekly Volatility Forecast 7-11 November 2022 We can see that this week our volatility is at 3.25% which declined from 3.45% last week. Currently according to ATR we are on 55th percentile, and according to VXD we are on 30th percentile, indicating in both cases, that we are currently is a stable market. Now, based on the implied volatility data that we have for this week, lets look into further details. We can see that currently there is 20.7% chance, that our candle is going to close at the end of the week either above/below the next channel TOP: 33385 BOT: 31160 This can also be translated as a 79.3% chance that the market is going to move within this established range. At the same, looking at the previous high/low values of the candle, and taking into account the entire history available of data, we can expect that there is going to be a 35% chance that we are going to touch the previous high of 33100 70% chance that we are going to touch the previous low of 31700
CBOT_MINI:YM1!
by exlux