Dowjonesindustrial
DJI Short --Waiting for Catalyst TVC:DJI FOREXCOM:DJI TVC:DJI OSE:DJIA1!
Waiting for catalyst to Short the market
Classic Double TopShit is about to get real in the legacy markets. Get your shorting game down fellas. Its gonna be a great rest of the year for shorts. If there is no Fed intervention and QE begins to prop up the market then it may hold up but I doubt it.. This is pressure that has been building up in legacy markets for quite some time now and I dont this that the capital flight out of legacy will be able to be supplemented adequately relative to the sell offs moving forward. A long position can not be justified as there is little margin for error. If I know this, then so do much smarter, and richer people. Only irrationality can justify a long trade. Watch for metals and mining stocks to skyrocket from here on out.
God Speed Gents,
Mr. Manbearpig
DOW JONES INDUSTRIAL - SHORT/SELL - VENTAAnte la notable Próxima Crisis Económica internacional vemos como la economía de EE. UU. esta en una desacelerasen por ende el patrón de terminación de tendencia que es el Canal.
--> Divergencia en RSI y en MACD
DOW JONES - SWING TRADEHi, today we are going to talk about DOW JONES
We observe a D chart, some important points. The details are highlighted above.
Thank you for reading and leave your comments if you like.
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Getting ready for the best short trade of your lifeThese things cannot be timed exactly or predicted to the day. Nevertheless, you would do well to be aware of the economic environment in which we find ourselves and how fragile things are. I have sketched a possible scenario on the chart that seems quite probable to me right now. This is just to illustrate my current view of things. Of course I can be completely wrong. It's just an idea. Take care!
Possible turning pointWe have a possible demand-zone here. Wait for confirmation before buying.
Look at the gold-chart for confirmation as well. Gold and Dow have some correlation --> which means that if gold shows weakness, Dow will probably rise.
US30 BUYYYYY Buy US30 have been waiting all week for this entry,
We have some good talks happening for the rest of the week which will help push us up further,
Being an indice it matches into our startegy
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DJI possible EDT in Wave C?!Maybe we have an EDT in Wave C. Their are two possibilities. First one is we make actually Wave 2 (max Target 27404) of C or we are in Wave C of Y (max Target 28011)
Historical Analysis of the DIAHistorical Analysis and Monthly Chart :
The DIA showing Strong Major Bull Trednd with serveral interaction with the Return Line (RL).
Note the Pick in Momentum since February 2016 (or B3), the next Major bottom made above the Major Trend Line (MUT), and therfore showing the failure of the Bears to take the price downward.
But, we dont see strong sign of buyers either.
The DIA is inside big Consolidation that lasted for almost 2 years (since Oct 17).
Weekly Chart :
The Resistance Area between 265.88 - 267.53 Established in Jan 2018, the second attempt to go above that level accured 1 year ago (Sep 2018) and the reaction was very violent and took the price to far down levels.
Since then the price hit the Resistance Area 3 Times :
1) April 2019 - the price got into resistance reaction and made New High Bottom.
2) June 2019 - the price go through the Resistance Area, Failed to continue, and made new higher bottom bellow that level.
3) September 2019 (these days) - the price close above the area last week, but with relatively low volume.
We need to keep an eye on the price this week and look for the power of the buyers, how far they can take the price up (if any).
Notice also the Volume Activity in the Consolidation Area - Pickup on down moves, and diminsh on the Rallies - weakness .
Daily Chart :
The Daily chart does not give us alot of new information.
But we can see the Trading Zone (sort of Rectangle), and the price movement above it.
The Minor picture is Bullish.
Conclusion :
Since B4, the overall picture looks positive.
But the Key for understanding the coming moves relly on the reaction to the Resistance Area, and the examination of the Bulls Power.
Any High Volume Bullish Activity above the Resistance Area, can take us again to the Return Line (RL).
If we will see Second Failure on the Resistance Zone,we need to examine the power of the Beats, and the next areas to look for are the bottom of the trading zone, and B4.1.
If the Bears will act Aggresivley and take the price bellow B4.1, the picture is very negative and the next level is the MUT.
DOW to crash soon? $25,400 and then $22,200Is it possible that we have topped out on the DOW and that a we will see a retracement soon back to $25,400 or so? Assuming we do make a drop, I have posed a possible scenario in which a head and shoulders would then form and take us back down to $22,200
$DJI Bear Flag Forming on the 1 Day Chart- Massive Recession?See more at cryptoplanet.cash
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DJI Fractal AnalysisHey there guys,
Time for Mr. Downy (#DowJones) to be analyzed. As most of my charts, i start with detecting fractals and drawing Fibonacci Retracement. So in this case, in one month time frame it's quite easy to read and pretty obvious. Now the thing is that if the market follows the track.
So here we start another analysis. Just an idea as usual. I've been studying this one for months so ill try to keep update as usual in less time frames. ill draw channels, patterns, chuvashov fork, etc. Everything that is needed to study this special chart to keep the track cause this one moves the economy big time every time it goes down, so even if it change the fractal that i already drew, ill try to keep you updated.
Hope you find it interesting and you are as usual welcome to comment.
Note: This are my personal interpretations and case studies, and are not financial advice! Use it as your own risk!
Don't forget to check my instagram:
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Peace out!
Charter X
Dow Jones Industrial Average DJIA possible SHORT (cont.)Possible continuation pattern forming, not perfect but could be considered a BEARISH CYPHER if trend continues to target on the short term.
Makes sense to have a small bull trap on the way down, something to keep your eyes on in any case.
USA SHORT TMF + ETFS that i have looked into.
BBUS QQQ QID
DYOR
CYPHER TARGETS ARE THE 618 and 100% retracements of leg C - D but I believe a roll over and further downtrend will continue
not a financial advisor
DOW looking bearishI assume based on Dows failure to rally, perhaps this is a sign that market wants to turn around
At each test of resistance, after dropping more than 500 points, the market has continued to push bearish as well as the Divergence also validating the direction.
Dow Jones / Gold Ratio Support Line BreaksThe last time this occurred a new bull market in Gold began. The movement in Gold in the last couple of months confirms this breakout.
The Fake Trump Economy 2019/20, SPX,DOW short scenario.We have a nice opportunity to sell SPX and DOW in the next Months. WHY?
FED will let rates at the current position, because NFPs are well good, semms so... :D
Gold still rising, Oil is wage.
Problems with trade negotiations with Europe and China, here don't forget the Brexit, its still there.
Overbought indicators on SPX and DOW.
Tripple Top formation with possible huge breakout like 2000 or 2008.
Ans so on...
What speaks for a coming crash?
-Overbought formation since the year 2000.
-State dept of the US is enormous, even here the US is still in a recession.
-Even China own the whole US in Bonds, think of that. :D
-Word economy is still damaged at this point, even if we get an trade deal.
And, what Donald did the most in his being? He failed, even if it fits on economy.
Stay prepared for the next big short.
Parallel channel breaking out. DJIA heading towards 30kFlag pattern in the making on the short term charts! going forward we should see levels of 30,000 soon!
rising channel breakout height about 3000 odd points..
DJIA HIGH P/E READY TO FALL OUT OF BROADENING TOP - SHORT ITThe Dow Jones Industrial Average DJIA is selling for a P/E of 19.3. This is quite high historically. Everyone is buying the hype of lower interest rates boosting stocks. Well, in 2000 and 2007 rates were falling with a falling stock market. Cutting rates is a sign somethings wrong. Anyway, the first rate cut scenario is factored in by now, I don't expect a boom after the cut. Rather it is a situation of buy the rumour, sell the fact. Look at Coke KO, a Dow Industrial. It's earnings and sales have gone nowhere and down over the last 5 years, yet, it's selling for an outrageous P/E of 36. The DJIA and S&P500 are hitting all time highs, a real danger in my opinion. I can see a correction coming, how severe I'm not sure. But, for those adventurous you could short sell the DJIA and S&P500 or SPY. I think a 10% fall is going to happen, possibly more. This will probably happen in sync with the decline in bitcoin and ether. Many assets are overvalued now, cutting rates to prop it all up is not going to work.
The RSI, ROC and stochastic are all measuring overbought. A sign of the decline to come.
