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Dowjonesanalysis

Stock Market Crash 2024There are a lot of talks about a stock market crash soon but I think quite the opposite is going to happen. I'm using the Dow Jones chart because it has the most historical data. This chart goes back to 1887 , has data from the great depression and two world wars , 1974 stock crash , 2000 crash and 2008 crash . Gann Fan (RSI) I have been trying to pinpoint some sort of pattern on a Marco timeframe using the Gann Fann but no luck so then I tried it on the RSI and I found something very interesting. Not sure if the Gann Fan can be used in this manner but nevertheless we can see that price has failed to break the 8/1 ratio since 2017 and in the process created bearish divergence. So it seems that the triangle formed on the RSI comes to a conclusion in 2024, where the Gann 8/1 Ratio and the base support line cross (Yellow Square). Not only that but there is a Fibonacci time Zone date that comes in as well around that time which would be Mid 2024 , which also aligns with the golden Fibonacci 1.618 at 68000. Fib retracement Fib retracement starting from the top in the year 2000 and bottom would be stock market crash of 1974 , why I picked this high and low because it seems 1974 was the new base low where it formed a good structure for nearly 6000 days and I picked the 2000 bubble as the high because even though it wasn't the biggest crash in terms of price it was the most overbought on the RSi , hitting a 96 on the RSI , no crash has come close to this RSI so far. Average Crash Percentage So the average drop in each market crash so far is 50% if you do not include the great depression crash 89% it would be an average of 41%. If price did come up to 1.618 at 68000 dollars a price crash of 45% would put it at 38000 at the Fib level 1.414. 100 year Channel The Dow Jones has been in and out of this 100 year old channel , it doesn't have a lot of reaction points on the support side at least not until 1987 onwards but the resistance side of things has far more reaction points and important ones. From 1955 to 1966 we failed to break above this channel which then led to the 1974 crash years later. We didn't touch the top of that channel for 35 years and when we did in the year 2000 it caused a market crash. So at least we can say that the resistance side of this channel is a very important confluence line. I think watching the RSI is going to be the key to catching the next market crash ,179 days till the next 6 month candle.
TVC:DJI
by Sporia
5
Potentially the greatest trade of this yearYes, I'm crazy enough predicting the crash !! The COVID Crash of March 2020 (Source: corporate finance institute) The market collapse in March 2020 was caused by the government’s reaction to the Novel COVID-19 outbreak, a rapidly spreading coronavirus around the world. The pandemic impacted many sectors worldwide, including healthcare, natural gas, food, and software. The unemployment rate skyrocketed in the first quarter of 2020. Currently, my chart says something big will happens; what event? I don't know, but the chart shows that the market crash will potentially occur and starting in June - July 2021. If the price rejects the upper line, I reckon it will fall deep to the Fibonacci retracement 38.20%, 50%, and maybe 61.80%. Invalidation: - This analysis fails if the price breakout and close above the upper line
UShort
by GoldCartel
21
US30 - CAN WE GET MORE SELLING? (WHERE TO FIND BUY PRESSURE)Technical Overview: - DOW JONES PREVIOUS ANALYSIS TO FIND OUT WHY WE DID NOT TAKE ANY ENTRY FROM OUR PREVIOUS ANALYSIS, CHECK OUT BELOW! WE CAUGT THIS BULLISH MOVE FROM THE BOTTOM BEFORE CAN BE FOUND HERE AFTER IS WHEN YOU SEE OUR CHART :) 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👾 STAY UPDATED BELOW!
ULong
by FlyDownX
6
MICRO E-MINI DOW JONES - NEXT BUY OPPORTUNITIES, ANOTHER DIP?Technical Overview: - DOW JONES PREVIOUS ANALYSIS WE CAUGT THIS BULLISH MOVE FROM THE BOTTOM BEFORE CAN BE FOUND HERE AFTER IS WHEN YOU SEE OUR CHART :) 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👾 STAY UPDATED BELOW!
ULong
by FlyDownX
5
US30 - NEXT BUY OPPORTUNITY (WHERE TO PICK UP)Technical Overview: - DOW JONES PREVIOUS ANALYSIS WE CAUGT THIS BULLISH MOVE FROM THE BOTTOM BEFORE CAN BE FOUND HERE AFTER IS WHEN YOU SEE OUR CHART :) 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👾 STAY UPDATED BELOW!
ULong
by FlyDownX
11
DJI 3413.99 - 0.23 % SHORT IDEA * PRICE ACTION & STRUCTUREHELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, READY FOR THE MARKET THIS WEEK, HERE'S A LOOK AT THE DJI INDEX FROM THE MONTHLY CHART. 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 - SWING TRAD
DJ:DJIShort
by PULEMokhothu
The Bubble End Game (in terms of the Dow - DJIA)OK, so this I had mapped out quite a while ago but despite my general agreement with the widely circulated May 24, 2021 Dooms Day predictions (in as much as a likely date around which the music will stop ), this (chart)setup was still missing it's trigger . - Until last Friday, that is. That last 15 minutes of trading on Friday, March, 26., 2021 was no ordinary window-dressing! That was a no-holds-barred locking onto the Final Target and simultaneously initiating the count-down, All-in . (By various players and in no small part by Sovereign Public "Investors" - i.e.; Central Banks.) If one examines the Who bought What, How and Why - and why at that exact moment -, the gig is up. - Not that those key players had any place left to hide hence, the notable drama preceding the whole event during the previous 24 hours. (I imagine that by the time of this posting it's all out there so I shall spare the repetition.) At the risk of stating the obvious, the size and enduring length of this current Speculative Bubble deserves (even demands), at the very minimum, at least an attempt to find some still unsuspecting buyers to trap and onto whom to unload as much as humanly possible before the music stops and the silence becomes deafening. - And that means; An Exponential Blow-off Top .... that was the trigger , this picture was missing, until last Friday, that is. (And Yes, last Friday's market close was the first and only trigger , in this particular frame work.) - And since nothing tickles a (historically uninformed) speculator's fancy like a no-rhyme, no-reason, all-in, exponential charge into oblivion... Well, you got it! - Or at least the beginnings of one. So, what is special about Dow 37130-37250, around the 1st week of May, 2021 that would make it a likely Final Price Target ? - Confluences! Providing a (rather obvious) Final Top between Dow 37130 - 37250; ... and potentially close to the much-touted May, 2021 time frame. ... after which, most likely; ... nothing but Gravity. Game on!!...
CBOT_MINI:YM1!
by Nemo_Confidat
5