Massive correction incoming for US30.I'm fundamentally and technically selling US30 next week. Following Biden's bombing of Syria we will see more and more market volatility and i think it will be to the downside. Follow me for more trading ideas, thank you all and good luck!
Dowjonesindustrial
US 30 Long Idea Context
- 4hr bullish OB + 50% FVG Setup
- Daily closed bullish above Market Structure
- London open i would like to see a A.M.D Model
BEARISH SHARK ALTERNATIVE TTCFSHORT OPPERTUNITY LOOMS IF WE GET THE BREAKOUT/FAKEOUT AS SHOWN ON THE CHART UNLESS YOU PREFER TO WAIT IT OUT FOR THE LONG . OPEN TO ALL CONSTRUCTIVE OPINIONS OF MY WORK .
CRM getting ready to touch ATH Flag pattern breakout with strong master candle, volume spike indicates that CRM is ready to touch 275-280 zone.
#DowJones new Breakout ??#Dow Jones heading to 32000 slowly and triumphantly..........
on the verge of fresh breakout on daily chart....
US30 is finally falling to 0.38 fibsUS30 is currently making new highs which will make buyer to sell their positions (psychology)
Fibs from previous big move will be perfect TP area ( 0.38 )
Stop loss above Higher High
Entry around 31250 - 31300
On 4H chart TDI is showing bearish trend beginning.
And there is a Bearish momentum squeeze.
US30 IDEA NEW IMPORTANT LEVELS 4H DOW JONES INDUSTRIAL AVERAGEUS30 IDEA NEW IMPORTANT LEVELS 4H DOW JONES INDUSTRIAL AVERAGE
US30 Moving back into CHANNEL 4H DOWJONES INDUSTRIAL INDEX DOWUS30 Moving back into CHANNEL 4H DOWJONES INDUSTRIAL INDEX DOW
DOW Update 1st of February 2021 Greetings all,
The chart i am posting here is very basic analysis - as you can see, there is no major complicated technical analysis going on here (that is for sure). However, i thought i would share what i see (based on the daily time frame).
I am looking forward to seeing if support here holds (or not).
Best wishes and stay safe.
bazzman78tv
US30 REBOUND EXPECTED AS PER NEW CHANNEL 4h DOWJONES INDUSTRIALUS30 REBOUND EXPECTED AS PER NEW CHANNEL 4h DOWJONES INDUSTRIAL
DJIA - SHORT; On its way to test the pandemic lows?!Likely!
As it happens, the Dow's trajectory is in perfect agreement with the Gold / Copper Ratio's price level projection!
Pure coincidence??... Not likely.
Here is that "famed" ratio (... and Yes, it still does work!);
Dow Tech Idea I think, the market break the pattern then start bull runs above the pattern.
So guys, we are Let's see🙄
YM30 Dowjones industrial average LONG signalSpiking channel breakout , (FLAG) . Pretty easy to see..
DOW - Increased chances for a correctionOur updated charts.
Lot's of fundamental analysis in the background (CPI coming up)
Dow Jones , just some information I am not a pro in other markets than crypto. But I expect a crisis in 2021 or 2022 at the latest, currently clear signs of a bubble (Tesla) that has to burst.
US30USD 2021 Jan 06 Midweek Update
US30USD 2021 Jan 04 Week
Per analysis over the weekend on weakness appearing, market has showed its intention, seeing
a magnificent sell on 04 Jan, presenting buy opportunities.
This looks like a re-accumulation
Resistant3 = 30934
Resistant2 = 30800 - 30825
Resistant1 = 30622 - 06662
Support1 = 29893 - 30003
Support2 = 29420 - 29465
Hit the LIKE button if you find this useful. OANDA:US30USD
DJI 90 year-old Dow Jones index hints at correctionGlobally, Dow Jones industrial index has been on the growth for almost 90 years since the Great Depression.
Ironically, World War II launched an industrial boom in the United States that pushed the index up.
It took 30 years and increase in 10 times of the DJI value before a more or less significant correction took place in 1973 , and the oil crisis can be called the main driver.
The next corrections came again 30 years later: the crash of the Dotcoms of the 00s and the financial crisis of 2008-2009 , which should already be in the minds of most readers.
And now, not a simple 2020, closed with the Japanese candle "hanging man" , which can be regarded as the first bearish signal.
The collapse of the index in the spring 2020 through the first wave of coronavirus, and then its rapid growth amid subsidies to the population and the economy, formed a large shadow under the body of the candle.
How long will the economy be supported by the US printing press, will vaccination have an effect, or maybe something else will happen, we do not know...
But according to candle analysis, if the next candle behind the Hangman opens lower , then many traders may want to consider selling.
It's very interesting how the trades will open in 2021!
You will say that journalists refer more to the DJI index , and traders are guided by the S&P 500 (by the way, Tesla shares were added to the index a week ago) and you will probably be right. The Dow index has been calculated since the 19th century and is historically very important, but in 1957 appeared a competitor S&P 500.
All the same, the S&P 500 index, which includes the value of shares of 500 companies, more realistically shows the mood of the modern market than the Dow Jones industrial index, which includes only 30 companies.
We have added the S&P 500 to the chart below and what do we see? Another "hanging man" or Hangman.
By the way, it's not bad enough, historically they work out Fibo levels on the indices , everyone can find something that he likes.
Write in the comments, your expectations for 2021
