dow slow down !Here u can see price isoving in decending chanel, where risk reward ratio might great.
and you can think to buy put,for short term.
close down to 50 ema ,and rsi divergin is showing downtrend,as well mass index .
Dowjonesindustrial
DJI may face the greatest crash..... DJI had broke down from the 200EMA. Base on Fibo 1.618 the target is in the range of the yellow box, coincidentally collide with the historic support...jobs are loss from all over the world...not just USA alone. Prepare for the worst...
Dow Jones Index Mark UpToday we're analyzing the US30!
Bias: Neutral
I would like to start off by saying that I'm in the middle due to me leaning more bearish than bullish. Why? Price Action is rallying back towards the high end of the curve where an untouched HTFZ ($27325-$29594) is waiting, but on the other hand I'm bullish with P.A's current movement for obvious reasons. I would expect price to repel off the PPZ ($24561) only to find support underneath at the continuation zone ($23197-$23634) and from there to print new HLs & HHs.
Confluence *Bull's Favor* (3 or more):
1. Interesting Price Action activity around the $18000 level. *Let me know what you think about this one*
2. Order Block formed ($20607-$25149) right before breaking above PPZ ($22127).
3. Price Action closed above Weekly 200MA. Significant.
4. Bullish Order Block formed ($23197-$23634) right below Weekly 200MA. Massive support.
5. 'V' shape return. *If unaware of this pattern be sure to research it*
I'm more bullish IF there's a B.A.R. of the $29594 level, but if price manages to reach the Order Block at the high end of the curve then expect it to be there for a minute considering it's size. We shall see.
US30 DOW JONES ANALYSIS DJI BUY OR HUDGElook at this magnificent bullish divergence with confirmation of the breakout of the RSI50 and the breakout and correction on the FIBO 50%
Very tight stop loss and TP1: 25018 TP2: 25698
possibility of hudge
Dow ready to come back to earth! The market has been rallying on positive news of antivirals and re-opening the economy. Could this be the time to go short. Is this rally over? I think so. To me it seems reasonable to believe that we will either retest the lows or make new lows and follow this EW pattern that I have outlined.
Dow Jones Fibonacci SpiralsInteresting Dow fib spiral showing three bottom points, will the symmetrical wedge be a bulltrap? we will see.
Wall Mart vs Dow : Bottom Indicator to watchWall Mart NYSE:WMT is making new all time highs - interesting to monitor the WMT / DIA ratio as a potential long term equity lows indicator. Close but still not there.
Dow Jones - Macro OutlookWelcome to the first of my macro market ideas. My goal is to have a post for each market sector to give you a long term perspective of the given asset class, so that you are able to drill down to smaller time frames and make wise and calculated trades.
The Dow Jones Industrial Average has market data on TradingView going all the way back to 1915. Since the Dow is the most mature index for US stocks, it is inherently the market leader. Having a long term grasp on where the Dow Jones is headed will tell you where we are in the market cycle, and help you understand when it is a good time to long or short stocks.
I will update this thread on a monthly and sometimes weekly basis with my current perspective on where price is headed.
While there are many political and economic factors that impact the Dow, I will do my best to keep this thread purely technical in nature.
Please feel free to leave a comment below with any questions at all. I am happy to answer.
Best Regards,
Micah J Miller
Dow Jones counter trend rally might reach 25300 Dow Jones remains bearish against 29600 levels in the long run and the recent counter trend rally should not be mistaken as an uptrend. The earlier drop between 29600 and 18200 was an impulse, labelled as Wave (1) or (A). Ideally, a 5 wave move is followed by a corrective 3 waves in the opposite direction. The rally since 18200 lows is corrective, A-B-C and has managed to retrace up to 50% of the earlier drop. A potential Wave (2) could be in place around 23700/800 levels or it could reach fibonacci 0.618 retracement around 25300. Either ways, Dow Jones is looking to terminate Wave (2)/B around current levels or a bit higher before resuming Wave (3)/(C) lower again.
Strategy:
Sell between 23800 and 25300, stop above 29600, target below 18000.
Legal Disclaimer: This article is not investment advice. The data provided is for marketing material purposes and is not intended to confuse nor guide our clients on trading decisions. Any investment activity performed is perceived to be a self-directed decision. Exclusive Markets is not liable for losses that may occur because of a decision made after reading the information published on our research page or any other media.
Risk Warning: Trading the capital markets is risky therefore further knowledge and experience may be required. Apply appropriate risk and money management always and ensure the implementation of safe leverage.
Dow. H+Shoulders. DivergenceDivergence on the dow hourly MACDH. Possible head and shoulders, watch out for a fakeout breakout
Daytraders, Are You Ready? (DJI)Symbol: DJI
This post is for all the day trading junkies out there. I am showing the 30 min time frame with a cross over to the downside. If I double that timeframe and go to the hourly, I'm at a tipping point in thr market. We would enter to short till 30 min and hourly line up to go back to the upside. We are putting our money on red. We will watch closely on the market open . If we see a change in our indicator and strategy than we will have to play break to top. But, for the most part we are short here.
----------------------------------------------------
Want to level up your trading skills?
We just realesed our new course! Follow our tradingview page and visit the link in our bio if you are looking for new strategy to add to your arsenal.
Also checkout our trading indicator available in the link on our page.
---------------------------------------------------
Thank you for your continued support, God bless.
- Major League Trader
DOW JONES in 2020?This chart is the Dow divided by the Unemployment rate of the U.S.
I'm not sure if this means anything or not, but it is interesting to look at. I immediately picked out a wedge.... and a gloomy looking one too...
October 2020 anyone?
Dow JonesSymbol: DJI
Who said major recessions couldn't be predicted?
Buy green
Sell red
I'm just sayin.... 🤫
----------------------------------------------------
Want to level up your trading skills?
We just realesed our new course! Follow our tradingview page and visit the link in our bio if you are looking for new strategy to add to your arsenal.
Also checkout our trading indicator available in the link on our page.
---------------------------------------------------
Thank you for your continued support, God bless.
- Major League Trader
Dow JonesSymbol: DJI
Could be an opportunity to short monday.
We will have to wait and see on the open.
Be prepared.
----------------------------------------------------
Want to level up your trading skills?
We just realesed our new course! Follow our tradingview page and visit the link in our bio if you are looking for new strategy to add to your arsenal.
---------------------------------------------------
Thank you for your continued support, God bless.
- Major League Trader
Long Dow I have a buy order at 22550 on Dow, RSI shows strong rebound and last huge rejection was under 22500. Let's see what happens :)
DOW JONES - DJI - critical junctureDJI declined 23% in the first quarter of the year. This was the worst first quarter in 135 years of history of the index. In the next two days we may have a clearer reading if DJI is already in an intermediate wave 3 down that should be more disastrous than the first wave down from February or if DJI is finishing a minor wave B that would have a minor wave C up as the next move. Keep tuned ! FOLLOW SKYLINEPRO TO GET UPDATES.
Dow Jones Futures Rally Into ResistanceThe Dow Jones is currently up nearly $840(3.9%) to $21,785 after holding at the 23.6% Fib level upon futures market open last night. Price is currently testing the downtrend resistance line which for now is still acting as price resistance. This move comes as President Trump and VP Pence had an upbeat tone during Sunday evening’s press conference while touting declines in new cases and deaths reported out of New York and Italy which appears to be giving traders hope that the worst is over. Earlier in the weekend the next two weeks were referred to as our “Pearl Harbor” and “9/11” moment as the Surgeon General said to prepare for the worst in new cases and deaths in the U.S. Traders appear to still be trading from news headline to news headline rather than the big picture while ignoring the coming earnings apocalypse and what is expected to be another massive unemployment claims data release on Thursday. Futures markets have not been a good indication of what to expect during actual spot market trading lately so all eyes are on the Wall Street open and whether or not traders can push price above the downtrend resistance line and from there the 38.2% Fib level as those are the two key resistance levels that price needs to beat in order to break the bearish trend in price.
DJI/ Dow Jones - Chart AnalysisKeep an eye out for this analysis. Looks like a black-hole below, lets see what we do in the next months or so. If we can re-claim what we lost above or if we reject and lose the low that we made, then we'll keep seeing lower lows.
Bull Flag or Descending Triangle. What Does The Death Cross Tell You?
The death cross occurs when a short-term moving average (typically 50-day SMA ) crosses over a major long-term moving average (typically 200-day SMA ) to the downside and is interpreted by analysts and traders as signaling a definitive bear turn in a market.
The opposite of the death cross occurs with the appearance of the golden cross, when the short-term moving average of a stock or index moves above the long-term moving average. Many investors view this pattern as a bullish indicator. The golden cross pattern typically shows up after a prolonged downtrend has run out of momentum. As is true with the death cross, investors should confirm the trend reversal after several days or weeks of price movement in the new direction. Much of the process of investing by following patterns is self-fulfilling behavior, as trading volumes increase with the attention of more investors who are driven in part by an increase in financial news stories abut a particular stock or the movement of an index.
Limitations Of Using The Death Cross
All indicators are “lagging,” and no indicator can truly predict the future. Once & while a death cross can produce a false signal, and a trader placing a short at that time would be in some near-term trouble. Despite its apparent predictive power in forecasting prior large bear markets, death crosses also do regularly produce false signals. Therefore, a death cross should always be confirmed with other signals and indicators before putting on a trade.
Possibly Bull Flag or Descending Triangle as well, outlined in dark Green.
Dow Jones now at 20941, Long Term Target is below 10000Long Term Dow Jones Industrial Average target is below 10,000
This is not a forecast I want to make, but this is what my longer term analysis shows. I hope the forecast does not come true but this is what my analysis shows, which is based on multiple time frame analysis of volatility and momentum.
Best strategy according to this analysis is to look for sell signals after every strong rally loses momentum, unless and until this high probability pattern is invalidated.
Dow Jones long term - where should it end ?We are living in the biggest market correction all of us have seen. This because we are correcting from a Grand Supercycle. There will be opportunities to buy and sell, but we have to keep alert to only ride impulse waves (up or down) and not corrective patterns. The Cycle correction most probable target is below 10,000 points in DJI. FOLLOW SKYLINEPRO TO GET UPDATES.
