Dow Jones Possible Reversal & Recession in 2023looking for a strong rebound above 27.000
bullish target : 36.000+
possible deep recession in 2023.
trade with care.
Dowjonesanalysis
US30 Analysis 19July2023after experiencing sideways, the price is bullish with a slope of 45 degrees, indicating that the bulls are firmly in control. also seen the formation of a bullish channel. the bullish trend will continue strongly following the direction of the channel
DOW Elliott Wave Analysis for Tuesday 18/07/2023In the 1 hour, it looks like the DOW is close to finishing an impulse to the upside. If we see the fifth wave ending with divergence, traders can initiate a short (against the main direction). A safer way to trade is to wait for the wave ((ii)) pullback and go long from there.
DOW Elliott Wave Analysis for Monday 17/07/2023In the 1 hour, it looks like the DOW is close to finishing an impulse to the upside. If we see the fifth wave ending with divergence, traders can initiate a short (against the main direction). A safer way to trade is to wait for the wave ((ii)) pullback and go long from there.
DOW Elliott Wave Analysis Higher Timeframe (15/07/2023)We updated the EW count for the DOW to align it better with the other indices. The updated count now shows an ending upward structure. Investors should wait for the pullback to buy again. Now we are rather in area to take profit. Traders should analyze the lower timeframe. Next week there might be both long and short opportunities.
XAUUSDGold already has broken the Supply zone but best and more good demand zone for buying 1940 area again 1977 -1980 supply zone where seller available sell possible with SL
DOW Elliott Wave Analysis for Friday 14/07/2023In the 1 hour, it looks like the DOW is close to finishing an impulse to the upside. If we see the fifth wave ending with divergence, traders can initiate a short (against the main direction). A safer way to trade is to wait for the wave (ii) pullback and go long from there.
US30 Dow Jones Analysis 13July2023Currently the price is stuck in a fairly strong resistance area with a high price range. could enter a period of consolidation in the next few weeks.
DOW Elliott Wave Analysis for Thursday 13/07/2023In the 1 hour, it looks like the DOW is close to finishing an impulse to the upside. If we see the fifth wave ending with divergence, traders can initiate a short (against the main direction). A safer way to trade is to wait for the wave (ii) pullback and go long from there.
DOW Elliott Wave Analysis for Wednesday 12/07/2023The ABC pullback did not retrace deep enough to catch it. We have to wait for more data and see what's up next.
Dow Jones 4hr TF I anticipate an impending retracement for the Dow Jones index, as it has recently reached its target of 12,756. We should begin witnessing a decline from this point onwards.
The Dow Jones index has recently established a new lower low, and I am awaiting a price break below 12,745, which would further confirm the bearish sentiment.
DOW Elliott Wave Analysis for Tuesday 11/07/2023The ABC pullback we were waiting for is (almost) there. Traders can initiate or prepare a long entry.
DOW Elliott Wave Analysis for Monday 10/07/2023The ABC pullback we were waiting for is almost there. Traders can prepare for a long entry.
DOW Elliott Wave Analysis Higher Timeframe (07/07/2023)The DOW looks bullish and might be preparing for a Wave 3 to the upside. However, the minimum requirements for a Wave 2 to the downside were not fulfilled. As long as we do not take out the Wave 1 high, it could be that we still make a new low as a Wave 2.
DJI - Dow Jones Next Possible MovePair : Dow Jones ( DJI )
Description :
Impulse Correction
Bullish Channel as an Correction in LTF and Rejection from the Upper Trend Line
S / R Level
Completed " ABC " Corrective Wave and " 123 " Impulsive Wave
Break of Structure
RSI - Divergence
DOW Elliott Wave Analysis for Thursday 06/07/2023We have to wait for the next ABC pullback. When we have a clear ABC, we can go long again.
US30 DowJones H1Here is my analysis for US30 on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
DOW Elliott Wave Analysis for Wednesday 05/07/2023We have to wait for the next ABC pullback. When we have a clear ABC, we can go long again.
DOW Elliott Wave Analysis for Monday 04/07/2023We have to wait for the next ABC pullback. When we have a clear ABC, we can go long again.
DOW Elliott Wave Analysis for Monday 03/07/2023We have to wait for the next ABC pullback. When we have a clear ABC, we can go long again.
DOW Elliott Wave Analysis Higher Timeframe (01/07/2023)The DOW looks bullish and might be preparing for a Wave 3 to the upside. However, the minimum requirements for a Wave 2 to the downside were not fulfilled. As long as we do not take out the Wave 1 high, it could be that we still make a new low as a Wave 2.
The Great Fall of Dow Jones could be nearThis is a trimonthly (MN3) chart of DJI. Including 125 years of history, ALL that we have of it.
It has taken DJI 35 years to reach this giant resistance. From the mid-channel in 1988.
The divergence and weakening of momentum is obvious.
This is a closer look:
I don't see how it can cross this resistance before falling a great distance down. It is not impossible-nothing is- but I wouldn't want to invest in this market for the long term.
This will take a long time to happen, but I believe a great fall is coming. A period of negative economic values, even a worldwide crisis. This is not something that can be caused by an internal US crisis only. It can and will include the whole world.
DOW Elliott Wave Analysis for Thursday 29/06/2023A pullback is ongoing in the lower timeframe. We see an opportunity for a long trade.
