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Dowjoneslong

SHORT Dow Jones Structure Intact below 26000 levels!The Dow Jones indice has rallied past our estimated price around 25100/300 by less than a percent. It is seen to be trading around 25390 levels in the spot market, and till the time prices stay below 26000 mark, the bearish structure remains intact. The wave structure is still suggesting that a potential 3rd of 3rd wave lower might be coming soon. The indice has earlier dropped 5 waves between 26950 and 24100 levels, labelled as Wave (1). This was followed by a flat corrective Wave (2) that got terminated at 26000 levels. The subsequent drop could be a lower degree wave i that terminated at 21700, followed by wave ii which is being terminated around the 25400 mark around this time. If the above structure holds true, we can expect the lower degree wave iii to drop lower as wave(3) unfolds. Bottomline is that prices should remain below 26000 levels going forward. Disclaimer: This written/visual material is comprised of personal opinions and ideas. The content should not be construed as containing any type of investment advice and/or a solicitation for any transactions. It does not imply an obligation to purchase investment services, nor does it guarantee or predict future performance. FXTM, its affiliates, agents, directors, officers or employees do not guarantee the accuracy, validity, timeliness or completeness of any information or data made available and assume no liability for any loss arising from any investment based on the same.
DJ:DJIShort
by FXTM
SHORT Dow Jones bearish against 26000!Believe it or not Dow Jones has hit the spot we have been waiting and anticipating since last several trading sessions now. Please note that the indice has hit convergence points of trend line resistance and the fibonacci 0.786 levels at 25100 levels and produce a bearish reaction on smaller timeframes. It is yet to produce a bearish signal confirmation on the daily chart but potential remains high in the next 1-2 trading sessions. Looking at the wave structure, a higher degree Wave (1) and (2) seem to be already in place at 24200 and 26000 levels respectively. A lower degree wave i and ii might be already in place now at 21800 and 25100 levels respectively. If the above counts hold, prices should stay below 26000 levels and a rapid wave iii of (3) should unfold taking prices below 21000 levels going forward. Disclaimer: This written/visual material is comprised of personal opinions and ideas. The content should not be construed as containing any type of investment advice and/or a solicitation for any transactions. It does not imply an obligation to purchase investment services, nor does it guarantee or predict future performance. FXTM, its affiliates, agents, directors, officers or employees do not guarantee the accuracy, validity, timeliness or completeness of any information or data made available and assume no liability for any loss arising from any investment based on the same.
DJ:DJIShort
by FXTM
Dow Jones potential bearish reversal from 24800/25100 levels!The Dow Jones wave structure and price action remains unchanged for now. The spot rate is seen at 24500/600 levels at this point and there may be one more push higher into fibonacci 0.786 resistance at 25100 levels before the indice turns bearish again. Please also note that the resistance trend line since 26950 levels is also passing through very close to 25000, and hence a bearish reversal could be expected at the confluence. Looking at the larger wave structure, the Dow Jones had dropped 5 waves from 26950 to 24100 levels earlier labelled as Wave (1) here. What followed can be constructed as a flat that terminated at 26000 levels, labelled as Wave (2). The drop from 26000 to 21800 levels is being seen as Wave i of (3) for now and the subsequent rally from 21800 to 24860 levels could be Wave ii of (3). If this count holds, prices should remain below 26000 levels and a 3rd of 3rd wave should be underway. Ideally this wave should be the most powerful bearish leg. Disclaimer: This written/visual material is comprised of personal opinions and ideas. The content should not be construed as containing any type of investment advice and/or a solicitation for any transactions. It does not imply an obligation to purchase investment services, nor does it guarantee or predict future performance. FXTM, its affiliates, agents, directors, officers or employees do not guarantee the accuracy, validity, timeliness or completeness of any information or data made available and assume no liability for any loss arising from any investment based on the same.
DJ:DJIShort
by FXTM
DOW JONES - This Trend Is Not Done - With AnalysisThis is an update on my previous DOW idea with analysis, I thought I would elaborate after reading some funny comments on the previous DOW chart which is fair enough. So the reason for my forecast is that I believe we are in a long term corrective pattern, an expanded zig zag which started in 1987. So we have completed more than 50% percent of this pattern as labelled on the chart and we are heading into Wave iii of 3 of Wave C which is the strongest portion of the wave. It's not easy to predict exactly how long it will take to complete Wave C so a time relationship with Wave A is used estimate the target. When looking at the DOW waves objectively this is the only possible conclusion which makes sense according to MY version of wave theory. Elliott Wave is flawed so I am not using it solely in any of my analysis. Feel free to add more funny comments they are quite entertaining. Thank you and Happy New Year!
DJ:DJILong
by WaveGenesis
Beat the DOW JONES with this 1 tool. (easy)Buy Green Sell Red // it's mainly for swing trading, i use the 3 day / 15 day / monthly charts with it and it works perfectly, // it works good for stocks and cryptocurrency. // you will use heiken ashi chart style and turn on the EMA DOTS indicator. once the indicator is on you will hide the heiken ashi so you only see the dots. // when a green dot -7.44% -7.44% appears you buy, if a green dot -7.44% -7.44% appears after that green dot -7.44% -7.44% you hold your investment. if a red dot appears you sell your position. easy as that. // the standard dots setting will be set to 10 - use this for any chart above 3 days change the dots setting to 6 for 3day charts and below // shorter time frames will be choppy. // larger time frames will be smooth. // *Daytrading smaller timeframes is possible but not recommended.
TVC:DJI
by UnknownUnicorn2319099
Dow Jones / Trade easilyit's mainly for swing trading, i use the 3 day / 15 day / monthly charts with it and it works perfectly, it works good for stocks and cryptocurrency. you will use heiken ashi chart style and turn on the EMA DOTS indicator. once the indicator is on you will hide the heiken ashi so you only see the dots. when a green dot appears you buy, if a green dot appears after that green dot you hold your investment. if a red dot appears you sell your position. easy as that. shorter time frames will be choppy. larger time frames will be smooth.
DJ:DJI
by UnknownUnicorn3660593
Medium term uptrend on Dow JonesdowjonesThe index is on a symmetrical Channel Up on 4H (RSI = 55.713, MACD = 53.000). Given the overbought levels on both 5H & 1D (STOCH, STOCHRSI, Williams), I expect a pull back to 24,582 before reaching 24,996.70 again and 25,226.56 towards the end of the month. With a Higher High on 1D (Highs/Lows = 152.8571), I believe the long term downtrend came to an end. However, if 24,541.60 (EMA20/50) breaks, then the index will look for support at 24,035.92 (SMA200).
DJ:DJILong
by InvestingScope
DOW MINI Future @ 60 min Chart @ How 2 Trade BlackFriday & laterAbove 18919 still short-term upside trend purple upside trendline (from 11/11 18683 & 11/15 18754) purple sideway trendline (from 11/14 18919) I would still prefer to trade the long side, after Trump election (zoom back @ chart) 19020 Points are a good entry capability, if the prices are comming back 19012 Points are a good entry capability, if the prices are comming back 19002 Points are a good entry capability, if the prices are comming back 18988 Points are a good entry capability, if the prices are comming back 18980 Points are a good entry capability, if the prices are comming back 18919 Points are a good entry capability, if the prices are comming back How ever, in my opinion are the 18919 Points important, if you`re an technical trader, cause pirces above - which story ever the market is driving actuallity - suggesting an intact upside trend ... Take care & analyzed it again - it`s always your choice ... Best regards 4XSetUps
CBOT_MINI:YM1!Long
by Devise2Day
DOW JONES @ Daily @ Basic Scenario 2016 (Brexodus & Trump)Basic Numbers 18172.87 @ 1st Basic Yearly High 2016 before BREXODUS 18629.96 @ 1st High before Back 2 School Season & President Election 18674.74 @ 2nd High before Back 2 School Season & President Election The Market breakedUp @ no questions :) but i am still not blindly optimistic - `cause the unpredictabble noises around our new president Trump are too loud ... How ever, volatility is garanteed, so i wouldn`t be surprised if the Market comes back until 18629.96 & 18674.74. And a fall until 18172.87 (even until 1st Basic Yearly High 2016 before BREXODUS) - inlusive a turnaround above - would only create an evidence of the long-term Bull market which we`re trading now. long-term Bull Market > 18172.87 mid-term Bull Market > 18629.96 & 18674.74 I am excepting a trading range beetwen 18600 & 19000 while this week and next weeks. After we could rise, if no politic impacts bites the markets, until 20000 Points - into 2017 !? Even when our new president Trump will take over the White House offically (21st january) with his team ... Take care & analyzed it again - it`s always your choice ... Best regards 4XSetUps
DJ:DJILong
by Devise2Day