Dowjonesindustrial
DOW Elliott Wave Analysis for Wednesday 06/12/2023We made a new high in the DOW JONES and this has some implications. The wave ((2)) low could be in after a triple three correction or WXYXZ structure. This would mean that we are now working on an impulse. The upward structure is strong but so far we are only seeing three waves. Therefore, we cannot exclude the possibility that the upward move is corrective. As long as the upward move is corrective, it could be that we are still working on the wave ((2)) but as an expanded flat. If we start to turn down from the current area without making 5 waves up, we will favor the expanded flat scenario.
DOW Elliott Wave Analysis for Tuesday 05/12/2023We made a new high in the DOW JONES and this has some implications. The wave ((2)) low could be in after a triple three correction or WXYXZ structure. This would mean that we are now working on an impulse. The upward structure is strong but so far we are only seeing three waves. Therefore, we cannot exclude the possibility that the upward move is corrective. As long as the upward move is corrective, it could be that we are still working on the wave ((2)) but as an expanded flat. If we start to turn down from the current area without making 5 waves up, we will favor the expanded flat scenario.
DOW Elliott Wave Analysis for Friday 01/12/2023 (+ HTF)We made a new high in the DOW JONES and this has some implications. The wave ((2)) low could be in after a triple three correction or WXYXZ structure. This would mean that we are now working on an impulse. The upward structure is strong but so far we are only seeing three waves. Therefore, we cannot exclude the possibility that the upward move is corrective. As long as the upward move is corrective, it could be that we are still working on the wave ((2)) but as an expanded flat. If we start to turn down from the current area without making 5 waves up, we will favor the expanded flat scenario.
SPX500 - New Breakout 📈Hi Traders !
The SPX500 Price Broke The Resistance Level (4507.46 - 4540.00).
This Resistance Level Becomes a New Support Level.
So, I Expect a Bullish Move📈.
Let's Wait For Retest...
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TARGET: 4574.00🎯
DOW JONES - Resistance Becomes Support 📈Hi Traders !
The US30 Price Broke The Resistance Level (34850.00 - 35096.70).
This Resistance Level Becomes a New Support Level.
Currently,
The Price Pull Back to Important Structure !
and Now it Will Continue its Bullish Movement !
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TARGET: 35450.00🎯
DOW Elliott Wave Analysis for Thursday 23/11/2023We are still working on the wave (2) as an ABC structure. The wave B is unfolding as an ABC pattern. As we came close to the wave (2) area and based on the NASDAQ and S&P 500 analyses, the alternative scenario calls for the end of wave (2) as a WXYXZ structure. Price action in the lower time frame will further guide us in these two scenarios. If we start to turn down from the current area, we will favor the bearish scenario in the higher time frame.
DOW Elliott Wave Analysis for Friday 17/11/2023 We are still working on the wave (2) as an ABC structure. The wave B is unfolding as an ABC pattern. As we came close to the wave (2) area and based on the NASDAQ and S&P 500 analyses, the alternative scenario calls for the end of wave (2) as a WXYXZ structure. Price action in the lower time frame will further guide us in these two scenarios. If we start to turn down from the current area, we will favor the bearish scenario in the higher time frame.
Dow Jones - Important Breakout 📈Hello Traders !
On Wednesday 4 Oct, The Dow Jones Price Reached A Strong Support Level (32578.50 - 32855.30).
The Resistance Level (34145.38 - 33968.84) is Broken and Becomes a New Support Level.
The Resistance Line is Broken.
So, I Expect a Bullish Move📈.
i'm waiting for retest...
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TARGET: 34850.00🎯
DOW Elliott Wave Analysis for Tuesday 14/11/2023 (+ Higher TF)We are still working on the wave (2) as an ABC structure. The wave B is unfolding as an ABC pattern. As we came close to the wave (2) area and based on the NASDAQ and S&P 500 analyses, the alternative scenario calls for the end of wave (2) as a WXYXZ structure. Price action in the lower time frame will further guide us in these two scenarios.
US30 IMPORTANT DECISION Hello traders it looks like its make or break time for us30
the price is on a very sensitive zone A Major key level + a falling trendline.
however it looks to me that the buyers are still keeping strength on the market it is very likely and possible we can see a breakout and a further continuation to the upwards just like the nasdaq100
but the possibility of a rejection and down is still there.
id say its 65 percent probability it goes up and 35 percent it goes down.
the global direction is still unclear no confirmation was shown i will update you guys if i see anything.
DOW Elliott Wave Analysis for Wednesday 08/11/2023 (+ Higher TF)We are still working on the wave (2) as an ABC structure. The wave B is unfolding as an ABC pattern. As we came close to the wave (2) area and based on the NASDAQ and S&P 500 analyses, the alternative scenario calls for the end of wave (2) as a WXYXZ structure. Price action in the lower time frame will further guide us in these two scenarios.
Dow Jones Index (US30): Your Trading Plan Explained
Daily/4h/1h time frames analysis for Dow Jones.
Price action & important key levels.
Trading plan.
Scenarios.
Thoughts.
❤️Please, support my work with like, thank you!❤️
Dow Jones Industrial (Bullish Swing View)TVC:DJI
Entry: 33029.12 (Higher High)
Stoploss: 32585
Target: 34083
DOW Elliott Wave Analysis for Friday 03/11/2023In the higher time frame, we are working on a corrective move down. The primary scenario is now suggesting that this happens as a WXY structure. It looks like we are working on a wave X as an ABC structure.
DOW Elliott Wave Analysis for Thursday 02/11/2023In the higher time frame, we are working on a corrective move down. The primary scenario is now suggesting that this happens as an ABC. The five waves down from the high might also indicate a bearish flat scenario. In the lower time frame, we did not respect the wave ((iv)) area of a potential wave 5 of wave A. Therefore, it looks like we are doing a WXY and the corrective wave X is now ending.
DOW Elliott Wave Analysis for Wednesday 01/11/2023In the higher time frame, we are working on a corrective move down. The primary scenario is now suggesting that this happens as an ABC. The five waves down from the high might also indicate a bearish flat scenario. In the lower time frame, the final wave ((v)) of wave 5 of wave A looks incomplete. If we do not respect the wave ((iv)) area, it looks like we will have a WXY instead of an ABC.
DOW Elliott Wave Analysis for Tuesday 31/10/2023In the higher time frame, we are working on a corrective move down. The primary scenario is now suggesting that this happens as an ABC. The five waves down from the high might also indicate a bearish flat scenario. In the lower time frame, the final wave ((v)) of wave 5 of wave A looks incomplete.
Dow Jones - Support Becomes Resistance 📉Hi Traders!
On The Daily Time Frame,
The US30 Price Broke a Support Level (32578.50 - 32855.30)
Currently,
-This Support Level Becomes a New Resistance Level.
So, I Expect a Bearish Move📉
i'm waiting for retest...
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TARGET: 32090.00🎯
DOW Elliott Wave Analysis for Monday 30/10/2023 (+ Higher TF)In the higher time frame, we are working on a corrective move down. The primary scenario is now suggesting that this happens as an ABC. The five waves down from the high might also indicate a bearish flat scenario. In the lower time frame, the final wave ((v)) of wave 5 of wave A looks incomplete.
DOW Elliott Wave Analysis for Friday 27/10/2023We took out the 04/10 low and therefore it looks like we will have an ABC correction down instead of a WXY structure in the higher time frame. In the lower time frame, it looks like we are finishing wave (v) of wave 5.
Dow Jones : Bearish and Bullish Scenario 📉📈Hello Traders !
On The Daily Time Frame The US30 Price Reached A Support Level (32880.0 - 32583.0)
Currently We Have 2 Scenarios:
Bullish Scenario📈
If The Price Breaks and Closes Above The Resistance Line !
We Will See a Bullish Move📈
TARGET: 34000.0🎯
Bearish Scenario📉
If The Market Breaks Support Level and Closes Below That
I Will Sell On Retest...
TARGET: 31950.0🎯
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DOW Elliott Wave Analysis for Thursday 26/10/2023We believe we are doing a WXY structure in the higher time frame and we are currently working on the wave X up. The primary scenario suggests a wxy structure for the wave X which is missing one more swing up. If we make another low, then the WXY becomes an ABC structure.
