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Dowjonesforecast

Dow Jones: Ready for Takeoff ✈️ On his way downward, Mr. Jones has already dived into the white area between 35690 and 34805 points a few times and he still could go in there again to finish wave (2) in white. There, at the latest, we expect the index to rise again. If it breaks through the resistance at 36832 points on its way, higher goals will become more and more likely. There is also a 40% chance that the index could rise immediately and hit the 36832 mark earlier already. So, you should all fasten your seatbelts, because Mr. Jones is ready for takeoff!
CBOT_MINI:YM1!Short
by MarketIntel
Dow Jones BULLISH To $38,000 Prophecy 1th November 2021- I love Dow Jones so much. Dow Jones is my main trading instrument after Bitcoin and both share the same characteristics. Both is uptrend in long term and every one should invest into Dow Jones as their side portfolio when it comes into investment. Week 25th Oct-29th Oct The week where dow was supported through its long term trend and the week where the best week to trade dow. Health care and tech stocks making its bullish along side restoration market sentiment. The rise in vaccine stocks after FDA cleared the Pfizer vaccine for children aged 5-11 is very relief for a moment. Rather than that except like other stocks which were not impacted for the slide of Amazon, Apple and Starbuck not much. My prediction of dow will be strong bullish to $38,000 as the greed has rising for dow and took down others native instrument.
ULong
by Zezu_Zaza
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.
DJ:DJIShort
by fernandoc17
9
Disturbing Dow Forecast. YM could hit tubulance.Well, the Dow tracks transports right? Well not that many people are transporting things haha. This fractal was taken as a "bars pattern" of the first leg down. The 3 levels I choose are important levels where price will go to if we have a dump similar to the size of the last. How do I know that? The fractal taken was not modified at all and when attached to current price it hits my targets dead on. When using the fib based retracement/ projection tool, to make all the confluence even nuttier- I seem to have found a pivot at 1.00 that is so close to the other mentioned areas of interest it is just creepy. I hope this is not the case, but if it looks like it is- Here is a HTF long term roadmap you can use. Oh and including the second leg peak to trough is 50%.... Just Hoping for the best- Planning on the worst. Please like, comment, share, and ask questions guys. I promise I will get back to you in detail. ....If it is the right question..... The above is not financial advise and should not be acted upon because I was with Lucy meeting up with Kitty having fun in time tunnels when I made this. (Seriously) One Love.
CBOT_MINI:YM1!Short
by SKYLOBSTER
1
Dow Jones 30 Robust Demand| 3rd March 2020"I can calculate the movement of the stars, but not the madness of men." -Sir Isaac Newton The daily chart close with last week price in robust demand. This is the potential buying signal from the bear traders as the movement of the bull has been spotted on H4 with evening stars. The price closed at 25553.00. Would be advisable to put trade on the key above 24500.00 any price. I will look onto the chart on Monday open whether taking another more deep price before hold the long and adding lots. If this has not resolve on the fundamental week next week, would be the price to go below and sending it to 21555.55 to the market crash 2018. Remember, you can never have to enjoy the long term bull like you did before as the coronavirus is still in the background as the economy not recover yet.This is just the beginning of the crash sensation.This is just the beginning of a downtrend. By Zezu Zaza
ULong
by Zezu_Zaza
Dow Jones (US30) AnalysisThe chart pretty much explains it all. I've slid over the Fib Retracement so that you can see the numbers better (FIB drawn from 24DEC18 candle to current candle). I believe we will retrace to the 0.236 Fib level, which is 25162 or close to it. I also believe it will turn around at the R1 Pivot Point. This being said, my stance on the Dow will be neutral i.e. Range-Bound (down and up in a sideways channel). Surprised to see my stance is not "short"? Here is why: Right now, it can go either way. We are only in February, and we have a long way to go until the end of the year. We are only roughly 600 points from record, all time highs. In the short term, I believe we will stay range-bound, with emphasis going to the Short direction. The Fed's decision to slow/halt interest rate hikes have given us a boost. We have also gotten a boost on news of a China trade deal. Any change in these decisions can send the market wildly into a downward spiral (possibly a crash?). The VIX is currently at around 13, so the market volatility has calmed down drastically from its recent highs in the mid 20's. I also believe this will be a factor in the market staying range-bound due to low volatility. Let me know what you guys think, and what trades you are doing with the Dow! Hope this helps. Happy Trading, Zak
OANDA:US30USD
by ZakaryP