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Indexes

Dow Jones Index (US30): Important Decision Ahead 📈 Hey traders, This week Dow Jones was trading within a narrow horizontal trading range on a daily. The market was stuck between two horizontal structures. Next week wait for a breakout. Bearish breakout will lead to a bearish continuation to 32600 level while bullish breakout will lead to a bullish continuation to 35800. Let the market participants decide, then follow the market. ❤️Please, support this idea with like and comment!❤️
UShort
by VasilyTrader
7
Correctional Recovery on US30/DJIThese days have brought Major Suffering to the Markets, with even the US Indexes failing numerous times to make a comeback for a prolonged amount of time. The level of confusion in investor's perception is very high, with proper direction only seen in Pockets of AfterHours trading, and rarely in normal Normal Market Hours. Both swing trading, and scalping have become rough. Corrections are known to last for some time, however there is hope to see proper March Rallying, and a gradual climb back up to ATH in the coming weeks, as long as fundamentals can clear up (Russia, Energy Prices, Inflation, etc...). - Here is a likely analysis for the coming weeks / midterm. A possible retest of the correctional point may occur, as well as waterfall/reversal movement along any point of major resistance. Weakness may last, however Volume is sure to pick up at random times of positive fundamentals. Patience for the real Rallying will last!
ULong
by UnknownUnicorn22065023
1
MarketBreakdown | WTI Crude Oil, AUDUSD, Silver, Dollar Index Hey traders, here is a brief technical outlook of 4 peculiar instruments in my watch list. 1️⃣ WTI Crude Oil - Daily time frame 🛢️ The market is sharply bullish. The price is growing within an expanding wedge pattern. Try to catch a trend-following movement from a support of the wedge and look for scalp shorting from its resistance. 2️⃣ Dollar Index - 3 days time frame 🇦🇺🇺🇸 For the last three months the pair is consolidating. The market is stuck within a horizontal trading range. 0.70 is its support. 0.73 - 0.731 is its resistance. The market is currently approaching the upper boundary of the range. Look for shorting opportunities from that or if you are bullish biased, consider a bull breakout trade. 3️⃣ Silver - Weekly time frame 🪙 The market recently broke a major falling trend line. Now we see its retest. I expect a bullish continuation at least to 25.6 level and then potentially to 26.4. 4️⃣ Dollar Index (DXY) - 3 days time frame 💵 Current geopolitical situation pushes the index to new highs. The market is growing within an expanding wedge pattern and for now I expect a bullish trend continuation within its boundaries till the situation is not resolved. (something tells me that it won't be fast) ❤️Please, support this idea with a like and comment!❤️
TVC:USOILLong
by VasilyTrader
27
2 Possibilities for the SP500There was some strong buying at the recent lows that is reflected in the RSI divergence. There is a possibility of move up to 4530 level if this strength continues. However, the SP500 is also at the top it's steep downward channel and may just move south from here to the bottom of the channel. The market fundamentals are worse than when we saw the January lows so breaking those lows is more likely than a new high. With the war in Ukraine and fears of escalation across the region and the possibility of China seizing Taiwan on the table, keep your positions small and as technicals will not overrule a major news event.
CME_MINI:ES1!Short
by Lazy_Investing
NDX Crash Last ReminderThis is the last of all 3 major US indexes that we are tracking... Let's see what the chart has to say. We've been following the correction that started a few weeks back. Looks like bearish momentum can start to pick up. We can see that lasts weeks candle closed below EMA50 and this week we have red. With a bearish RSI, trending lower and lower and the MACD going below zero, it is only a matter of time before the next support level is tested. You can check my previous trade ideas on this index for all the details, the support levels, the chart signals & more. 7-Feb. 28-Jan. 26-Jan. 19-Jan. Leave a comment and please choose to follow my work. Your support is always appreciated. Namaste.
NASDAQ:NDXShort
by MasterAnanda
7
Indexes - What are they and how do they work?Index tracks performance of multiple assets that are grouped together. One of the first people to introduce the concept of indexing were Charles Dow and Edward Jones when they created the Dow Jones index in 1896. This concept allows for an easy tracking of performance of any particular sector within the economy. For example, the Nasdaq 100 index tracks performance of hundred biggest tech companies in the U.S.; similarly, the Russell 3000 index tracks three thousand largest companies in the United States. These indexes contain U.S. securities which account for over 90% of U.S. corporate equity; therefore, analyzing an index provides an investor with information about the overall health of the economy or particular sector. Diversification Generally, investing in indexes is associated with lower risk than investing in stocks. This is because indexes are structured in such a way that they diversify risk by tracking performance of multiple assets rather than by tracking performance of one single asset. For example, if an investor's portfolio consists of shares of a single stock company and the value of those shares drops, then it directly affects the portfolio in a negative way. However, if an investor owns an index tracking performance of 10 companies instead of a one stock title, then the investor's risk is diversified among ten companies instead of one single company. Therefore, an index tends to perform well as long as the majority of its components perform well. Similarly, when the majority of companies incorporated within an index perform poorly then the index tends to reflect it. Illustration 1.01 Illustration above depicts the monthly chart of Hang Seng Index (Ticker: HSI). It is observable that the index performed well in the long-term. Though, massive drops in the index are observable too in 1997, 2000, 2007, 2015 and 2018. Source: www.tradingview.com Value of the index and weight distribution The value of an index is dependent on its underlying holdings; further, it can be based on the price, market-cap or any other metric related to these assets. There are various methods on how to weight an index which plays an important role in how it performs. For example, in an unweighted index all its components have equal significance, regardless of their size. However, in a market-cap weighted index these components hold significance that is proportional to the size of their market-cap. Therefore, a volatile move in a big company would have a bigger impact on the overall performance of an index as opposed to the volatile move in a small company. Most indexes are price-weighted and market-cap weighted. Indexes as financial assets Generally, indexes tend to move in trends and produce good results over a long-term period. Index investing is preferable for inexperienced and passive investors because it tends to outperform active management in the long run. Additionally, it takes off psychological pressure that is associated with an actively managed portfolio while providing more free time to an investor. Exposure to an index can be gained by investing in index futures, options, CFDs, ETFs and other derivatives. Major indexes include: Dow Jones Industrial Average - thirty large U.S. companies that trade on the NYSE and NASDAQ. Nasdaq 100 - hundred biggest tech U.S. companies that are publicly traded. Standard & Poor 500 - five hundred biggest companies in the U.S. that are publicly traded. Russell 2000 - two thousand smaller companies that comprise the Russel 3000 index. Russell 3000 - three thousand biggest companies in the U.S. that are publicly traded. DAX 40 - forty biggest German companies that trade on the Frankfurt Exchange. Hang Seng Index - sixty biggest companies that trade on the Hong Kong Exchange. Seasonality and trends Indexes tend to move in cyclical trends and less often in trading ranges. They are less prone to the effects of calendar and industrial seasonality when compared to stocks and commodities. Change in components Since their inception many indexes have changed the composition of their underlying assets. For example, the Dow Jones Industrial Index started as Dow Jones Transportation Average in 1896 and consisted of only twelve companies. These companies operated mainly in railroads, cotton, tobacco, gas and oil sectors. However, eventually new companies were added to the index until it reached the total number of thirty companies in 1928. Since then the composition of the index changed several times; although, the number of companies stayed the same. This concept of rebalancing indexes is common to many other indexes; and it usually occurs on a quarterly basis. Illustration 1.02 Picture above shows the monthly chart of the Nasdaq 100 Index (Ticker: NDX) between 1995 and 2006. Companies included in this index changed over time. Nowadays, the Nasdaq 100 index includes such companies as Alphabet, Apple, Microsoft, Intel, Tesla, etc. Source: www.tradingview.com If you have not read our previous articles on stocks and commodities, please feel welcome to do so. They are attached to this idea. Additionally, feel free to express your own thoughts and ideas in the comment section below. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not serve as a basis for taking any trade action by an individual investor. Your own due diligence is highly advised before entering trade.
SP:SPXEducation
by Tradersweekly
43
DJIA Is Rebounding from The Lower Boundary of The Upward ChannelThe DJIA has been moving in an upward channel since around mid-June 2021. Recently the index formed a long bullish hammer candle that successfully confirmed a significant support area of a rising window/gap at 33,175 (this is called the cluster of candles). All the last week candles closed over the lower boundary of the rising channel and the 0.236 Fibonacci retracement level at 34060 as well as the 251-day EMA. In addition to this, there is a bullish divergence signal from the Williams %R out of the oversold zone. Therefore, the index is moving to test the levels at 35063, 35513 and 36152. In contrast, declining below the levels at 34060 and 33160 should indicate a further bearish move ahead.
TVC:DJI
by MohammedEl-Sherbiny
The Dow Jones Industrial Average: Not All RedThis is the last (DJI) of the three major indexes (SPX, NDX, DJI) we track for the United States. The Dow Jones Industrial Average (DJI) is also bearish on the daily, weekly and monthly timeframes... But we have something going on in the weekly chart. DJI Weekly (W): - As you can see, we have a Doji with high volume on this weekly candle. Prices remain above EMA50. Now, this can be considered good and can lead to a reversal but confirmation is needed first. For a bullish reversal, the weekly candle most close GREEN/Strong/Above EMA50 for the door to higher prices to open. The MACD and other indicators are strongly bearish though: Even though we have this signal, when we look at the Daily and Monthly timeframes we can see that the bears are still on top. We also have the same situation on the monthly timeframe as we saw with the S&P 500 Index (SPX). It is just moving and closing below EMA10 for the first time since February 2020... What follows we will know soon. Be aware! Be prepared! This can turn into something massive, this huge "crash/correction", but we are all coming out of it bigger, better and stronger that's for sure! Namaste.
DJ:DJIShort
by MasterAnanda
2
S&P500 Index (SPY) Classic Bullish Accumulation Pattern 📈 Hey traders, S&P500 is trading in a global bullish trend. However, since November the market is consolidating. The price sets equal highs around 4750 structure. At the same time, the index sets higher lows indicating a bullish accumulation. Your plan is to patiently wait for a bullish breakout of the underlined blue structure and then buy on a retest. Your goal will be based on a major rising trend line that the price is respecting since May. ❤️Please, support this idea with like and comment!❤️
FX:SPX500Long
by VasilyTrader
11