Dow Jones - Golden Cross 50ma + 200maCongratualtions bears, the Dow Jones 12hr chart has just completed a GOLDEN BEARISH CROSS with the 50ma crossing below the 200ma. The 50 moving average is the blue line and 200 moving average is the green line. This is a signal that the price is about to starting falling. The chart is also inverted
Dowjonesindustrial
US30 - Always buy the dips, but where?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👾
us30 hello ladies and germs, this is my analysis for us30 do like comment share and subscribe and remember risk management is key
The Dow Jones Industrial Average: Not All RedThis is the last (DJI) of the three major indexes (SPX, NDX, DJI) we track for the United States.
The Dow Jones Industrial Average (DJI) is also bearish on the daily, weekly and monthly timeframes... But we have something going on in the weekly chart.
DJI Weekly (W):
- As you can see, we have a Doji with high volume on this weekly candle. Prices remain above EMA50.
Now, this can be considered good and can lead to a reversal but confirmation is needed first.
For a bullish reversal, the weekly candle most close GREEN/Strong/Above EMA50 for the door to higher prices to open.
The MACD and other indicators are strongly bearish though:
Even though we have this signal, when we look at the Daily and Monthly timeframes we can see that the bears are still on top.
We also have the same situation on the monthly timeframe as we saw with the S&P 500 Index (SPX).
It is just moving and closing below EMA10 for the first time since February 2020... What follows we will know soon.
Be aware!
Be prepared!
This can turn into something massive, this huge "crash/correction", but we are all coming out of it bigger, better and stronger that's for sure!
Namaste.
US30 - Technical View US30 Index.
The price has been consolidating this week after a decent drop in the past few weeks. This correction can be referred to as the fourth wave in the Elliott Wave sequence. The trend line created by the previous lows can be used to check the validity of further shorts on the index; a move above the high of 34816 is likely to invalidate the analysis.
Manage your risk while trading.
DOW Target doneWe have shared detailed DJI chart that you can see below in the link.
After breaking trend line support DJI met both the target and took support lower trend line and closing above the same trend line.
FED meeting ahead and we can expect high volatility near future.
Based on chart and price action a bounce back from current level is on the card.
US30 - Where is the next buy zone after we fall?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👾
US30 Forecast look more bullish Rising Wedge in 1D and 4H Chart Us30 making LOOKS more Bullish
making rising wedge on 1D and 4h Pattern
Resistance Levels are 36k and 36250
if these levels break then target is 37k
Now Entry Point is 36050 with SL 35850
US30 LongHey traders, in today's trading session we are monitoring US30 for a buying opportunity around 36050 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
SHORT $DIA — BEARISH A,B,C,D PATTERN!
I'm expecting a move to the downside to complete this ABCD pattern in $DIA.
The gaps below the market will act as price magnets, and the same measurement from A to B from C would fill the bottom most gap.
I love this setup, and I'm buying puts on various names within the index and broader market to play it.
We could potentially see the pattern continue to the downside, but I am forecasting for a gap fill at minimum.
USDirty - Dip is coming for a new buy potential!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👾
Dow Jones Industrial Average Index (DJI) Analysis 05/03/2021as we can the there is a bearish divergence between Price and MACD, which is the sign of trend reversal and we can predict the 61.8% of Fibonacci retracement as one of our TPs
so soon we shall face an other recession
how big this time. we shall see.
if 61.8% Fibonacci retracement stands then we may go for a bullish rally and if not and braked down then a huge recession and history will be repeated again...