Dow Jones: C’mon Do Something! 😴😴😴The Dow Jones has been relatively quiet for the past couple of weeks. Our primary expectation is that the course is going to decline and dip into the target zone with the coordinates of 32850 – 32430 points. From there, we expect the course to increase again and reach new all-time highs. As long as we are above 33646 points, however, there is a 45% chance that the Dow is directly pushing up North.
Stay patient!
Dowjonesindustrial
Dow Jones1. Stocks are historically expensive
The stock market could crash because equity valuations are historically very pricey. As of Dec. 29, the Shiller price-to-earnings ratio for the S&P 500 -- a P/E ratio based on average inflation-adjusted earnings from the previous 10 years -- hit nearly 34. That's more than double its mean and median over the past 150 years, and it's the second-highest reading next to the dot-com boom in the late 1990s and early 2000s. Historically, when the Shiller P/E ratio gets above 30, bad things happen (i.e., the market crashes).
2. Emotions get the better of investors
Never underestimate the power of short-term traders overreacting to a news event. Over the long run, operating earnings growth is what drives the stock market higher. But in the short run, investor emotions tend to whipsaw day-to-day market activity. As we saw in March, it doesn't take much to completely upend investor confidence and send emotional investors into a panic. It's possible this happens again in 2021.
DOW is ready a brand new ATH 🦐DOW on the 4h chart is moving near to the at, after that last retracement the market tested a previous support.
According to Plancton's strategy if the price will break above and the conditions will be satisfied we can 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.
East vs. West; The Nikkei will obliterate the Dow!!... And that's without even the currency differential factored in! (... which should add an additional +8%-13% to the down-side.)
This spread currently sits right at the Quarterly Pivot.
As it stands, under even the most unlikely circumstances (worst case scenario) this spread, the Short DJIA / Long Nikkei225 , is a 4.5:1 R/R trade. A trade that anyone should take, especially if one finds oneself being forced to stay long equities - for some inexplicable reasons.
The Weekly;
US30 update33800 is an important support line for us30. If Dow breaks this area, which also means that Dow breaks Kumo cloud and we will probably see lower prices for US30.
Dow Jones: Where to go? 🚧🚧🚧Chances are good that the Dow Jones does not stop at 34000 points and crushes through that zone like Shaq used to do back in the day. If the Dow manages to also crush the resistance at 34336 points, our alternative scenario will prevail and bring even higher quotations. In our primary scenario, however, we believe that we take a long road here and that the Dow will correct a bit, before pushing for 34500 points.
Stay trading!
Dow Jones: No Fooling here! 🤡🤡🤡The Dow Jones is going to experience its biggest crash in history in just about a week. No, we’re just kidding. It’s April Fool’s Day, folks! In reality, we expect the Dow to further grow and expand all the way up to regions around 34000 points. After a short correction, we are set to tackle all-time highs above that level, too.
Happy Easter Holidays!
SHORT DOWJONES SELL DOW JONESBuyers are now getting weak . Profit booking started by Big Players. Short Sell Dow Jones. Now Bulls traped on each level. April month will in the name of Bears.
$DJI approaching Energy Point... Potential Reversal coming soon?Using technical analysis and leveraging the predictive power of Pitchforks, we have an overlay of Fibonacci and Pitchfork Warning Lines in an area for a potential reversal of the $DJI...
This 'Energy Point' could be achieved in May 2021 (potentially).
History repeats itself. See past bounces off the pitchfork over the years.
DOW JONEX (US30) could FALL!Nice retst of previous trendline and resistance-zone could cause a drop here!
WATCH OUT - Powell is about to speak today, so everything can happen! ;-)
SHORT POSITIONUS30;TECHNICAL
BEARISH:FORECAST
US30 (DOW) failure on breakout could lead to a sharp breakdown
The psychology of an ascending triangle failure
If a bearish breakout occurs, a 1200 point move lower is possible….
Is the breakout to new all-time highs in U.S. blue chip names cause for concern? It will be if certain developments begin to play out soon. Volatility has been low, complacency has set into a market where complacency looks as if it should be replaced with heightened alertness. Today, I am only going to take a look at one particular pattern in one index, however; there are multiple macro developments which at the very least raise caution flags that the entire ‘risk-trade’ could soon come under pressure. I recently went into greater detail on the subject – read here for more. Soon, I will revisit the topics in that article with some additions.
The US30 (DOW) has been coiling up into a wedge since the beginning of the year. Traders across all asset classes have felt this constriction in volatility, as price swings in everything from stocks to rates to commodities to FX have become increasingly smaller. To see that, all one needs to do is look at a daily chart of almost anything with the 10-day ATR indicator plotted at the bottom – average daily swings are dripping lower. The US30 during this triangulating process has witnessed nearly a 45% decline in daily price movement. If the following scenario occurs, it is very likely that bigger, maybe much bigger price movement will return.
On Monday, the US30 broke out to new all-time highs. How exciting, right? Not so fast…that breakout has already failed, for now at least, and we sit just about where we started the year. Why this fascinates me – when triangles, like the one the DOW is stuck in now, breakout and fall back into the pattern, it had better regain breakout levels soon or it is in real risk of breaking out in the opposite direction.
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The Best (passive) Index SHORT in the world. - The Dow!The Title Chart is the DJIA/Nikkei225 - the best of them all.
Here are the rest;
This one is not very representative since it reflects the weakness in the Pound.
Still, it is a country-mile better deal than holding the Dow (Long).
Well, you get the idea as the rest of the worldwide indexes reflect the same story, across the board. (With the Asian Indexes leading the pack vs. the DJIA!)
One other, important issue to consider that these - above -declines haven't even factored in the Currency Differential(s) between between local currencies and the U$D. - Doing so, the Dow has an even grimmer future.
US30 33155 + 0.33 % LONG IDEA * PRICE ACTION & STRUCTURE HELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE IN THE MARKET THIS WEEK, HERE'S A LOOK AT THE JOE DONES INDUSTRIAL.
* 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
some rules on exits & entries hope they help.
1. look at structure be it descending channels, pennants and so forth basically price action whats price doing.
2. If you use indicator determine does it align with your play e.g is it overbought/oversold where there market is it in a pull back to structure or continuing does price alighn with your indicator.
3. entries from 30M , 1H, 2H & 4H time-frames the higher the time-frame the more likely it will end up swing or long term.
4. aggressive trades can be executed on the pull back / or at ranges of structure that's when you are a scalper or your trade are Intra - day based
5. price action must definitely align with the plan.'
6. structure definitely
7. FIBONACCI EXTENSIONS AS GUIDELINES FOR SL & TP'S .
9. CANDLE STICK PATTERNS.
That's basically entry & exits plan basic guide lines
RISK-MANAGEMENT
PERIOD - SWING TRADE
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If this idea helps with your trading plan kindly leave a like definitely appreciate it.
DowJ divergence and market collapse by end of year??The monthly Dow index is dominated by divergence, thus indicating the direction of the market, the same was in February during the covid-19 expansion (the market anticipates this a few months before and do not understand how it did so). With the formation of the divergence against covid-19, it began on September 04, 2018 (dark red) (blue line on January 2, 2018) and ended on December 02, 2019, it caused significant damage to the market along with the covid-19 pandemic. But the bears divergence was replaced by a bull that started on January 4, 2016 and ended on March 02, 2020. And the bull divergence was much longer and the market went much higher. And this new divide divergence, which began on January 2, 2018 (dark blue line) and may end in the second half of this year.
I think after this long bull market there will be a pretty strong market depreciation later this year, and definitely stronger as it was a couple of weeks ago.
But as I mentioned, if rsi rise above 93.09, otherwise there will be bears divergence and the Dow index will fall, thus starting to collapse the market.
From a technical analysis point of view, everything is very simple and basic. But it is a powerful tool that makes a big impact on the market.
If you have anything to add, write it in the comments.