DOW JONES SHORT ⬇️⬇️⬇️ Expecting new lows to be formed on DOW, i hope we will see a bearish price action with the first target on sell stop liquidity(eye) RISK OFF market sentiment be aware of those moves purely on fundamental reasons not technical.
Dowjonesanalysis
US30 Sell and Buy PlaybookOn this chart, we have the Supply Zone and Demand Zone. These are the levels I would like the price to react from for me to engage.
1. The Sell Setup
If the price touches the SZ (Supply Zone), I would look for a bearish candle reversal pattern within the zone and sell to the next DZ (Demand Zone).
2. The Buy Setup
If the Sell Setup plays out as expected, I would look to buy at the DZ (Demand Zone). I would look to ride the up move to the top resistance level at 36570 area. I will definitely be taking profit along the way especially at
36358 area.
Let's see how this plays out.
Good Luck
MatrixPip
US30 - Next Great Buying Opportunity 😋Technical Overview: - Dow Jones
Simple, whoever tells you short is selling you lies, you want to be on the safe side? stay bullish on US markets simple as that.
Wait for dips if they happen don't chase the market :)
Analysis is only 1 piece of the puzzle 🧩
Our analysis is a sentiment for the upcoming week, month.
Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining.
Trade this sentiment based off your own entry strategy at the right time.
Flow with the Devil 😈
Trade with the manipulation👾
WILL BANKS BUY US30 ??TECHNICALS
The DAW JONES has been moving bearish ever since its highest point of 36569 and now could start moving bullish for the following reasons
1- after breaking a sting resistance price is now retesting its new support
2 - price is also touching the resistance
we may see some bearish movement as the market opens again but we are strongly bullish for the Dow Jones
HAPPY TRADING! Lungu FX team.
US30 Analysis and Trade IdeaUS30 has pulled back from ATHs, and has landed on a 12H bullish order block.
I am looking for the transition from bearish to bullish momentum, and I believe I see it forming.... the inverted quasi.
All I need is a right shoulder, and this could be a lovely swing to the upside.
Dow jones longdow jones is about to make an uptrend.
after that downtrend that the price have been on, it finally squeezed exactly where i put the arrow,
as we can see the price didn't go lower than that, we're expecting to break the resistance and get our track back to the channel
buy at 36274, that's your entry, close position at 36440
DOW JONES - Potential Short Term Topping Process Taking Place.NOTE: IF PROVEN ACCURATE, THIS NEW COUNT INVALIDATES ANY PREVIOUS LONG TRADE IDEAS FOR THE DOW JONES AND NASDAQ.
In this video I talk about some signs I am seeing of a topping process taking place right now.
When it becomes blatantly obvious that something is not right then I will change my count accordingly.
Although this is yet unconfirmed I explain to you why it looks very likely that we will see a 10-16% correction.
The long term trend still remains bullish but nothing goes up in a straight line forever.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial advisor, I suggest using this only as a guide. Always do your own research.
US30 UptrendUS30 is in a strong uptrend right now but rejected at 36600. No break of trend yet nor incomplete order-block that needs to be filled so uptrend still strong and valid. We can expect it to rally back up to 36600 and catch a few points but chances of a strong rejection possible again so I don’t suggest a hodl through the 36600 area, a reversal/counter-trend trade could be valid at the 36600 area again if there are enough confirmations and you know how to execute the style. Good luck
Dow Jones: Rock'N'Roll 🤘🤘🤘The Dow Jones is extending its gains and solidifies its position north of the mark at 35777 points. The index should not cross this line - for now. In total, we expect the course to further increase and reach areas above 36958 points. After that, we expect a fall towards 35822 points.
Happy trading!
US30 - Where we can see Buy Pressure 😋 / Smart Money TradingTechnical Overview: - Dow Jones
We like to see price react to our buy zones providing intraday/scalps as they are not meant to be strong as the lower zone marked :)
Simple, whoever tells you short is selling you lies, you want to be on the safe side? stay bullish on US markets simple as that.
Wait for dips if they happen don't chase the market :)
Analysis is only 1 piece of the puzzle 🧩
Our analysis is a sentiment for the upcoming week, month.
Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining.
Trade this sentiment based off your own entry strategy at the right time.
Flow with the Devil 😈
Trade with the manipulation👾
US30 - Where we can see buy pressure on the way down 😋Technical Overview: - Dow Jones
We like to see price react to our buy zones providing intraday/scalps as they are not meant to be strong as the lower zone marked :)
Simple, whoever tells you short is selling you lies, you want to be on the safe side? stay bullish on US markets simple as that.
Wait for dips if they happen don't chase the market :)
Analysis is only 1 piece of the puzzle 🧩
Our analysis is a sentiment for the upcoming week, month.
Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining.
Trade this sentiment based off your own entry strategy at the right time.
Flow with the Devil 😈
Trade with the manipulation👾
US30 ShortMy view of Dow Jones (US30) . Potential short opportunity.
Since the start of October we have entered this uptrend channel in which the price was moving in. We had 2 “fake outs” meaning the candle broke out of the channel but was overruled by the next one entering back into the uptrend channel. Smaller timeframes also show a smaller uptrend channel which I marked with the regression trend. My idea/vision/prediction is that the price could come up to 35675 during Asian session where at that point, depending on the price momentum, we could enter in a short. Entry at 35675 with a tight Stop Loss at 35715 . Take Profit is at our PBA (Pullback Area) which is at 35080 . The sell would be confirmed after we break out of the regression trend which would also break the very strong Resistance from 23rd of Aug to 7th of Sep . After breaking that level we would be due for a pullback down to the bottom of this uptrend channel .
PARAMETERS
- Entry: 35675
- SL: 35715
- TP: 35080
KEY NOTES
- Start of October , we have entered this uptrend channel .
- Smaller uptrend channel on smaller timeframes.
- The sell would be confirmed after we break out of the regression trend which would also break the very strong Resistance from 23rd of Aug to 7th of Sep.
Happy trading!
US30 predictionJust my forecast about Dow, dased on order blocks logic, on BBOXs and volume. Nothing more, nothing less.
Dow Jones 2021 vs Dow Jones 1929Hi there,
Comparing the charts (before 1929 to 1929) and (before 2021 to 2021), they are scarily similar, with many similar patterns, from the perspective of only purely TA, this could be the scenario playing out, but we need some strong fundamental reason for this to happen, what could it be?
Since the start of the covid 19, we saw the market crashed, but in the end, we found out it was purely a correction, but there is one reason, that could be the consequence of the next global depression (?), that is the printing money, cannot just solve a recession.
Imagine this scenario:
Where the only good in the economy is rice and rice costs $1 a pound, and imagine you and all others earn $100 a month. Each month you buy 100 lbs of rice exchanging $1 for 1 lb of rice; so the real value of $1 is 1 lb of rice. Now suppose the government simply prints more dollar bills and gives you and everyone else an additional $100.
If you want to eat more than 100 lbs of rice a month, now you can do so, but, since others like you also want to do the same, the demand for rice in the economy would go up and very likely its price as well. Now you would have to give up, say $2 for each lb of rice . This, is inflation , and it is decreasing the real value of your dollars, you are getting less rice for every dollar than you used to. This would be the perfect example, but there is a problem in 2021, which is that the wages are not following the massive increase of inflation , due to the massive printing we had, so instead of having $200 to buy 100 pounds of rice, you still have $100 to try to buy 100 pounds of rice($2 each pound of rice now). In conclusion with this scenario, this will have consequences in the long term to the bad numbers of the unemployment and which will cause trouble in the economy, and thats when we start heading for a recession.
Back to the charts, all of this bearish price action, can it be the top of this bull market? It looks like it, we could still have another rally, another top, but the top I would say its very close, and this last bearish price action is very similar to a top out back in 1929.
I will short Dow jones to the targets mentioned in the charts, but remember, its a long term investment.
Don't miss this sweet 1:10 RRRYour divergence signals plug is back at it again !.
REASON FOR THE SELL TRADE
1. Our 200 EMA is serving as our 50% (Average) level on our RSI.
2. The confluences are as clear as day, both at our previous resistance and our trendline
3. Price is already overbought but not over over bought yet, price must be over over bought at our confluence.
4. Divergence confirmed both in our main price on our chart, RSI and AO.
5. Monday is market open which means prices needs to adjust for the new week meaning, prices need to get centered on a moving average in this case, our 200 Exponential MA.
Right after this post is published, i will set my alert to be received via email and mobile notification so i don't miss this scalping opportunity.
Calculations:
STOP LOSS (SL) is set at 51 points (or pips) whereas our
TAKE PROFIT (TP) is set at a whooping 550 points (or pips)
So therefore, using the following lots on a 50 spread account, you manage a loss and make a profit of:
0.01 (10 cents) = SL - $5.10 TP - $55
0.10 (1 dollar) = SL - $51 TP - $550
1.00 (10 dollars) = SL - $510 TP - $5500
10.00 (100 dollars) = SL - $5100 TP - $55,000
Use proper risk management, use proper money management !.
I have time on my hands hence the essay-like breakdown of this trade lol !.
US30 - Can we get another sell off? (Buy/Sell zones)🙂Technical Overview: - Dow Jones
We like to see price react to our buy zones providing intraday/scalps as they are not meant to be strong as the lower zone marked :)
Simple, whoever tells you short is selling you lies, you want to be on the safe side? stay bullish on US markets simple as that.
Wait for dips if they happen don't chase the market :)
Analysis is only 1 piece of the puzzle 🧩
Our analysis is a sentiment for the upcoming week, month.
Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining.
Trade this sentiment based off your own entry strategy at the right time.
Flow with the Devil 😈
Trade with the manipulation👾
Dow Jones Index completed its 5% correctionDow Jones broke the first main support line on 34600 and reached to the second one on (33600-33700) zone. Touched it two times but didn't break it.
35600 was the highest point then it started its correction. It almost completed its 5% correction when touched 33600.
A strong bullish movement based on inflation rate, and monetary policies is most likely possible.