DJI 1D analysis 02/07/21Hello everyone , as we all know the market action discounts everything :) The market seems to continue its movement up with no signs of a reversal yet , all the patterns and indicators that we used on that chart are telling us the market is still not stopping here , MACD creating a bullish positive divergence, market price moving above the MA and the STOCH is in an overbought state .
Fundamental analysis :
The Dow Jones Industrial Average finished up over 130 points, or 0.4%, to end at around 34,633, marking its fourth-highest close in history as it inches toward eclipsing its May 7 all-time closing high at 34,777.76.
Traders think U.S. payrolls on Friday could jolt markets from a slumber that has locked currencies in some of their tightest trading ranges for decades. Initial claims for state unemployment benefits dropped 51,000 to a seasonally adjusted 364,000 for the week ended June 26, the Labor Department said on Thursday, although they are an unreliable guide to Friday's broader indicators.
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Dowjonesindustrial
US30 IDEA NEW IMPORTANT LEVELS 4H DOW JONES INDUSTRIAL AVERAGEUS30 IDEA NEW IMPORTANT LEVELS 4H DOW JONES INDUSTRIAL AVERAGE
Potentially the greatest trade of this yearYes, I'm crazy enough predicting the crash !!
The COVID Crash of March 2020 (Source: corporate finance institute)
The market collapse in March 2020 was caused by the government’s reaction to the Novel COVID-19 outbreak, a rapidly spreading coronavirus around the world. The pandemic impacted many sectors worldwide, including healthcare, natural gas, food, and software. The unemployment rate skyrocketed in the first quarter of 2020.
Currently, my chart says something big will happens; what event? I don't know, but the chart shows that the market crash will potentially occur and starting in June - July 2021.
If the price rejects the upper line, I reckon it will fall deep to the Fibonacci retracement 38.20%, 50%, and maybe 61.80%.
Invalidation:
- This analysis fails if the price breakout and close above the upper line
US30 - CAN WE GET MORE SELLING? (WHERE TO FIND BUY PRESSURE)Technical Overview: - DOW JONES
PREVIOUS ANALYSIS
TO FIND OUT WHY WE DID NOT TAKE ANY ENTRY FROM OUR PREVIOUS ANALYSIS, CHECK OUT BELOW!
WE CAUGT THIS BULLISH MOVE FROM THE BOTTOM
BEFORE CAN BE FOUND HERE
AFTER IS WHEN YOU SEE OUR CHART :)
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👾
STAY UPDATED BELOW!
US30 Bearish PressureUS30 seems to be under strong bearish momentum. Looks like it is trying to break the most recent 4h support zone. I utilize multi time frame analysis so i'll look at the smaller time frame to see price in greater detail. If price retest as new resistance i will be targeting next structure support zones.
Will The Fed Save The Dow?The Down has gapped below the previous low completing the Dow sell signal I posted about compared to the Dow Transport. Rsi and Stoch Rsi are nearing buy signals though plus the Dow broke down from the falling wedge. I am hedged short but I am not calling a full on crash/top given the Fed's track record. If the Fed didn't always save the market I would go short with a lot more conviction.
Going to be interesting to see what happens with the options expiration today.. Most times people are warning of option expiration nothing happens.. lets see if this time is different. Eyes on the VIX too.
MICRO E-MINI DOW JONES - NEXT BUY OPPORTUNITIES, ANOTHER DIP?Technical Overview: - DOW JONES
PREVIOUS ANALYSIS
WE CAUGT THIS BULLISH MOVE FROM THE BOTTOM
BEFORE CAN BE FOUND HERE
AFTER IS WHEN YOU SEE OUR CHART :)
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👾
STAY UPDATED BELOW!
US30 - NEXT BUY OPPORTUNITY (WHERE TO PICK UP)Technical Overview: - DOW JONES
PREVIOUS ANALYSIS
WE CAUGT THIS BULLISH MOVE FROM THE BOTTOM
BEFORE CAN BE FOUND HERE
AFTER IS WHEN YOU SEE OUR CHART :)
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👾
STAY UPDATED BELOW!
DJI 3413.99 - 0.23 % SHORT IDEA * PRICE ACTION & STRUCTUREHELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, READY FOR THE MARKET THIS WEEK, HERE'S A LOOK AT THE DJI INDEX FROM THE MONTHLY CHART.
IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE
SMASH THAT LIKE BUTTON & LEAVE A COMMENT.
ALWAYS APPRECIATED
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* Kindly follow your entry rules on entries & stops. |* Some of The idea's may be predictive yet are not financial advice or signals. | *Trading plans can change at anytime reactive to the market. | * Many stars must align with the plan before executing the trade, kindly follow your rules & RISK MANAGEMENT.
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| * ENTRY & SL -KINDLY FOLLOW YOUR RULES | * RISK-MANAGEMENT | *PERIOD - SWING TRAD
DOW US30 EXPECTED MOVES TOWARDS 33650 ~ 33400 ~ 33200 - DOWJONESDOW US30 EXPECTED FINAL HEADING TOWARDS 33650 ~ 33400 ~ 33200 - DOWJONES
DOW JONES - BIG BEARS BRING ALL THE BULLS TO THE YARDTechnical Overview: - DOW JONES
WE CAUGT THIS BULLISH MOVE FROM THE BOTTOM
BEFORE CAN BE FOUND HERE
snapshot
AFTER IS WHEN YOU SEE OUR CHART :)
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👾
STAY UPDATED BELOW!
Dow Jones continuation patternAfter a strong bullish impulse on 20 May ,Dow pulled back from the Predominant bullish trend towards the Closing Bell and Asian session opening , and had a convergence of the support and resistance levels ,forming a Bullish Wedge pattern with a break-out level @ Price 34175 .
US30 4h (downward under 34815 & 35100)US30 if the price break 34815 and can stable there then will get 35100 so then will try to down again.
Now have more power to down to get 34610.
US30 - WHERE TO BUY ON DIPS (WHY SHORT LOL?)Technical Overview: - DOW JONES
WE CAUGT THIS BULLISH MOVE FROM THE BOTTOM
BEFORE CAN BE FOUND HERE
AFTER IS WHEN YOU SEE OUR CHART :)
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 34777 + 0.5 % SHORT IDEA * STRUCTURE & MOMENTUM SHIFT IDEAHELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE IN THE MARKET THIS WEEK, HERE'S A LOOK AT THE DOW JONES INDEX . LOOKING for signs of a shift in momentum a possibly reversal pttns for this trade setup to be executed.
* follow your entry rules on entries
* significant moves with the bears change the plan.
lets see how it goes.
many stars must align with the plan before executing the trade, kindly follow your rules.
HAPPY TRADING EVERYONE & LET YOUR WINS RUN...
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ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
__________________________________________________________________________________________________________________________
If this idea helps with your trading plan kindly leave a like definitely appreciate it.
DIA a market melting..... up?!This is a great example of a market that is melting.... up. Every day for the past week and a half we have seen a market that opens speculatively higher and closes lower than the open.
If you are looking at markets in general that are healthy you will see that most green candles support an upwards trend while most red candles support a downward trend.
This is very different and cause for concern that there is a large inflationary bubble in the market right now waiting for a moment of sell off.
To be completely honest we are short DIA with contracts expiring June 18th and 25th from the "Out of the Market" phrase large red candle on the chart. This open higher and close lower continually has to stop one way or another.
Dow moving higher 🦐DOW after the test of the lower support started an impulse.
The price retraced at the 0.618 Fibonacci level and currently testing a minor resistance.
According to Plancton's strategy if the market will break above we will set a nice long order.
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Follow the Shrimp 🦐
Keep in mind.
• 🟣 Purple structure -> Monthly structure.
• 🔴 Red structure -> Weekly structure.
• 🔵 Blue structure -> Daily structure.
• 🟡 Yellow structure -> 4h structure.
• ⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger.
US30 - Bullish Opportunities !Welcome to our Trade Setups - May 23th ( US30 ) !
BUY US30
ENTRY LEVEL @ 34263
SL @ 33902
TP @ 34984
Max Risk: 1% - 3%!
Risk/Reward Ratio: 2
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Dow for more downsideHi there,
Dow is setting up for more downside, watch for the break of the trendline and the retest to look for more entries
Good luck