Dow Jones naked price action.. Good evening from The Netherlands my Friends.
Fasten your seatbelts for a nice week of opportunities.
The America markets will be tested ahead of Russia and the Ukraine news..
When it comes to naked price action this is what I good get out of it..
My biggest lesson i have learned is to think in probabilities and possibilities..
The chart can be bearish now and all the favors will favor the bears but when the market opens tomorrow it can all be blown away and move it's own way..
Always be objective and never trade out of fear..
The pattern we see is a double top. These patterns have a good ratio of being true.
Even with the confirmation it can turn the other way.
We will see.. I begin the week with this picture and will steer in starting the week..
Dowjonesindustrial
Dow Jones US30 Chart H1Here is my view for US30 on H1. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Dow Jones Industrial Bearish Bat?Looking at this one day chart it looks to me like DJI is
forming a Bearish Bat Harmonic.
For me, there is a tight PRZ with a .886 D point of a
Bearish Bat Harmonic, a 2.618 ABCD completion and a
2.0 AB ext.
I will be looking for a reversal here, around $37,400.
My whiskers are telling me that we could trend up
until Friday and maybe see a dump by Monday.
The Alternate Bat would be in play if we push
up above this level, so we would not be out of the woods.
What do you think is up next?
Owhooooo!
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
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.