Dowjonesanalysis
DOW Elliott Wave Analysis Higher Timeframe (17/06/2023)The DOW looks bullish and might be preparing for a Wave 3 to the upside. However, minimum requirements for a Wave 2 to the downside were not fullfilled. 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.
DOW Elliott Wave Analysis for Thursday 15/06/2023Although the DOW looks bullish in the higher timeframe, we expect a pullback in the lower timeframe. In the 1 hour, we see 5 waves up and wave 5 is clearly ending with divergence compared to wave 3. If the divergence is not erased, we would expect a pullback. Traders can initiate a short (against the higher timeframe) or go long after the pullback (aligned with the higher timeframe).
DOW Elliott Wave Analysis for Wednesday 14/06/2023Although the DOW looks bullish in the higher timeframe, we expect a pullback in the lower timeframe. In the 1 hour, we see 5 waves up and wave 5 is clearly ending with divergence compared to wave 3. If the divergence is not erased, we would expect a pullback. Traders can initiate a short (against the higher timeframe) or go long after the pullback (aligned with the higher timeframe).
DOW Elliott Wave Analysis for Tuesday 13/06/2023Although the DOW looks bullish in the higher timeframe, we expect a pullback in the lower timeframe. In the 1 hour, we see 5 waves up and wave 5 is clearly ending with divergence compared to wave 3. If the divergence is not erased, we would expect a pullback. Traders can initiate a short (against the higher timeframe) or go long after the pullback (aligned with the higher timeframe).
DOW Elliott Wave Analysis for Monday 12/06/2023Although the DOW looks bullish in the higher timeframe, we expect a pullback in the lower timeframe. In the 1 hour, we see 5 waves up and wave 5 is clearly ending with divergence compared to wave 3. If the divergence is not erased, we would expect a pullback. Traders can initiate a short (against the higher timeframe) or go long after the pullback (aligned with the higher timeframe).
DOW Elliott Wave Analysis Higher Timeframe (11/06/2023)The DOW looks bullish and might be preparing for a Wave 3 to the upside. However, minimum requirements for a Wave 2 to the downside were not fullfilled. 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.
US30 WEEKLY ANALYSIS after the accumulation of the price in the zone that I marked there will be either a continuation of the up trend towards the supply zone or a reversal of the price towards the demand zone
$DJIA -Awaiting Apex's End *2WBig Move incoming for Dow Jones Industrial Average.
AMEX:DJIA has created Triangle's Apex approaching the end .
Note that this is a Neutral Pattern, it can go each ways ;
Bearish and Bullish.
(depending on TVC:DXY , Geo-Politics & Macro Economics conditions)
For now, it's better to observe and stay sharp and await for further confirmations.
Nothing is clear yet TA speaking for AMEX:DJIA
AMEX:DJIA is one of the Heaviest Financial Sector for United States.
That being said,
it is very important to always have a lookout of its Price Action
and Trends Directions for further clarification of how other US Financial Sectors
will perform.
A Change of Charachter would definetely bring more clarification of reaching levels
of ATH or LOW
At the time of this idea being released price is finding some support at S/R
zone and 20-50EMA over maintaining their bullish crossover.
For now, it's better to observe and stay sharp and await for further confirmations.
Nothing is clear yet TA speaking for AMEX:DJIA , as well taking in to consideration
The Debt Ceiling decision that is yet to take place.
TRADE SAFE
***
Note that this is not Financial Advice !
Please do your own research and consult your Financial Advisor before partaking
any trading related activities based soly on this idea.
🚨US30 High Probability BUY Setup SOON🚨
* Here we can see clearly the next potential move for US30 on coming hours or day.
* We can see it's forming Inverse Head & Shoulder Reversal Pattern.
* EP(BUY): 32956.63.
* TP: 33123.62.
* TP2: 33191.17.
* Keep your eye close on your trading positions.
* Happy pip hunting traders.
* FX KILLA *
US30 Continuation up trendAfter rejection of the price at the level of the fibonnaci gold zone and trend line we will see a continuation of the up trend towards the demand zone
Dow Jones "US Dollar" 4hr TF My expectation is that the Dow Jones will break through the rejection point and decline trend line from October 2021. Once it does, there should be some bearish momentum, which will lead to a pullback to the rejection point and decline trend line, resulting in a move lower. At this point, gold should become very attractive, and it will be an opportune time to look for buying opportunities.
DJI looking for upside resumptionGood morning all!
I'll be breef as I the count kind of speaks for itself. It looks like we are ready to resume higher into wave 3 as we are looking at what appears to be a clear three wave move into wave 2.
It looks like TECH will be giving a break and VALUE will come back strong into sector rotation.
CHECK OUT my previous post on the NASDAQ which played out perfectly, let's see if this post will have the same faith.
Feel free to ASK me questions in the comments.
Enjoy the weekend and trade safe!
US30 LookoutBearish momentum after Fake Breakout, now there is strong level which can force price move upward.
Dow Jones is forming a Descending Broadening Wedge Pattern!!!It seems that Dow Jones Index is forming a Descending Broadening Wedge Pattern on the daily time frame so that it has managed to create bottoms and tops according to the pattern.
I expect a third bottom to form in one of the 🟡PRZ(Price Reversal Zones)🟡 .
Dow Jones Industrial Average Index Analyze (DJIUSD), Daily time frame⏰.
Do not forget to put Stop loss for your positions (For every position that 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.
DJI ARE you rdy for sell ?🧨🧨👌The fall of the Dow Jones index / Are you ready to sell?
It is easy to see that the Dow Jones index is going to fall, and the targets that I specified for you will first reach 31486.38, then it will have a corrective trend up to 32550.68.
The next target that the index will see will be 28781.97 and that is where you can decide to go long.
US30 21May2023US30 is in line with the strengthening dollar index, still looks bullish according to my analysis. the price had touched the SnD area and was approaching the invalid area and now in my opinion the possibility is heading to sub wave 3.
US30 14May2023US30 is seen forming a bullish channel on the big wave. the current possibility is the session end of a downside correction, as long as the invalid area is not violated, focus on the opportunities to buy