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.
Dowjonesindustrial
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...
US30 - Would love to buy any dip! 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👾
DJI Dow Jones Industrial Average Santa Rally?The Santa Rally is set to start on Monday, Dec. 27.
This period gave positive return for the S&P 500 78.9% of the time.
Since 1950, the average return of the Santa rally was 1.33%.
How do you think this will be reflected in theDJI index?
The reasons could be optimism over the new year ahead or holiday spending.
$DIA — Market Forecast 12/18/21We officially filled the gap on Friday, 12/17, because we had actually bounced off the moving average before we could fully fill it on Tuesday and Wednesday.
Gaps on equities will fill about 80% of the time, and then the markets tend to reverse 80% of the time after a gap fills.
We have gaps immediately above and below the market right now; I think that we'll see another drop with the continuation of this downside momentum before the possibility of a bounce in an attempt to fill that upside gap — I don’t think it will fill right away, but keep your eyes on it.
I have been very accurate with the market forecasts that I send to my clients every weekend, so here are my thoughts on a few of the indices...
US30 LongHey traders, in this week we are monitoring US30 for a buying opportunity around 35300 zone. Once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
Will Spring of 2022 Send The Dow Jones (US30) Into A Nosedive?Considering US30's all-time chart and applying analysis using Elliott Wave Theory, it seems that Spring of 2022 may unleash 'tremendously bearish' news. In a hyper-extended wave, caused by years of intervention, the dip that fired off in January of 2020 (COVID 19) will pale in comparison to the next. What will this mean for America's top stocks? What will this mean for America?
LOWER DOW, S&P, NASBullish momentum carried the indexes to rally now that the bears are in anticipating further decline.
DOW
Dow likes to do its own thing but the current market conditions are skewed. However, sellers last week the bulls seized the moment and drove the market higher. With price breaking down now with clear signs of heading lower i am anticipating a retest the neck where price accumulated previously for the next leg lower.
S&P 500
Not much different than the DOW. Spyder has been relatively similar in PA. Anticipating a rally for next leg lower.
NASDAQ
This instrument failed to create a higher high like its counterparts. This is a sign of weakness and as such there may not be significant retracement and continue to melt down towards the end of the week.
DXY
Showing signs of strength. I am skeptical of any rise in the dollar given that inflation is lurking around.
E-mini Dow retest resistance line at 35885E-mini Dow retest resistance line at 35885
Dow is in a consolidation mode with major resistance at 35885 and support at 35577 and 35531 in M30. We are likely to see a continuation of the current trend until it either breaks to the upside or drops below major support