Get started

Jones

Dow Jones Stock Index (This time is different)View On Dow Jones US Stock Market (21 MAY 2020) Let's be honest here. The danger of the virus is still far from over. No one really knows how bad the second wave of infections will be even though many countries are starting to open up their economies after months of shutdown. If the economic outlook of the world is so bad and the unemployment rate is soaring yet why do the stock markets keep rising instead of 1929 style depression? This time is different. Yes. I repeat this time is different and we have never done it before. Central Banks (CBs) around the world are shoring (or) pumping too much liquidity (aka money, credit) to swell up the monetary systems at the unrepentant rate. It is with the "T". T for trillions. It is like injecting the adrenaline dose into a dying patient to keep him awake. How long can it last? No one knows. The trick shall work as long as the patient's body response to the treatment. All hells shall break loose once the body/economy no longer responds to adrenaline/money printing. For now, the US market is decent resistant fo 24,500 regions and surprisingly many retail traders are staying sideline after the Feb-Mar selldown. The stock index may do minor pullback along the way and 23,000 is a good swing support region. As long as 22k level hold, we shall see a rise up to 25k-26k region. That 25k-26k region is going to be the battleground of the season. Instead of waiting for a short, it is better to look a long entry in every pull back for now. Be Patience Padawans if you are looking for a great sell. DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. DISCLAIMER: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
OANDA:US30USD
by SonicDeejay
I'm Starting to See a Patern Here (DOW JONES DROP INCOMING)The Dow has tested the blue resistance line (around 19,000-19,200) about 7 times throughout the last week. The Stoch RSI is also showing it is not oversold yet. In addition, you can see the pattern of a big drop, a small gain, a big drop, a small gain, and so on. We just had the small gain and I think another big drop is coming on Monday. However, if it decides that after 7 times of hitting a resistance to rebound off of it, this could be the bottom of the recession (I think this is highly unlikely and has a 5% chance of actually happening).
TVC:DJIShort
by LandonEconomics
2
Weekly Momentum On Major Pairs (Week 13/2020)First Thing First: This analysis is for “general overview only” as it is solely based on price action. That’s why it is called momentum analysis in the first place. Support/Resistant, Volume Macro view nor any other factors are not used during write up. Refer to the individual pair analysis for a more comprehensive write up. XXX/USD: Very Bearish Gold & Silver: Bearish XXX/JPY: Very Bearish Stock Indexes: Very Bearish BitCoin: Bullish
by SonicDeejay
Open gapOh boy, tomorrow's open is gonna be a doozie. Let's examine where we can go. -that last hour is ugly. Any bids looking for a sale are shook. -potus answered a question about a possible recession, to which he said maybe, and of course the times have run a headline saying he said this on his own accord; in reality he was brushing off a question that wasnt related to covid -we have a very weak upper channel that formed on march 5th, which I believe is going to form the top of a descending channel; the base of which we formed trailing blood on feb 28th. Tomorrow is going to be red.
TVC:DJI
by BingoMoney
Dow Jones Preparing a Big Bearish WedgeYesterday i posted the bearish wedge on the left, the smaller one, thinking it could drop and then move up again. We did exactly that, but the move up has been a bit slow for my taste, so now i am thinking we might be in the making of an even bigger wedge (the yellow triangle). For this to play out, we have to make a lower high now, actually even means that the high should be set already. I expect US to move again AFTER Europe closes in half an hour from now. So as long as we stay below 26650/600, this idea stays valid. If this plays out, we should see a drop below yesterday's low, thinking around 25.500. If we find support there, we could be headed towards the 27300/700 zone. Only to make a new high there and then make another huge dump. Maybe 2000 points, maybe 6000 points, that i can't say. Some of the updates i posted yesterday: Was hoping Dow would come back to current prices, maybe even 27500, since FED just cut the interest rate with 0.5%, spiking you prices a bit. Thinking they can fight the virus with intrest (LOL). For me it’s simple now, as long as we do not see a the virus calming down, and continuing to spread, closing down businesses, markets will drop. Trump and his friends will do everything to prevent a market dump, but as long as the problem increases, people will simply sell into each rally we get. So I don’t believe they will be able to hold it. Now normally, each wave happens in at least 3 waves. So the big dump was a single wave, meaning we should see another wave at some point. I think it’s worth the risk, to take on a short between 27000/500 with a very wide stop, think I will even use 1000/1500 points. It could potentially be an entry for a big move, maybe even below 20.000 if economies continue to find troubles because of this virus. About eurusd, looking great. With this intrest cut the FED did, will put even more pressure on the Dollar. So maybe we get a correction on eurusd, but I think that a very big chance that THE low was set last week when I told you guys to hedge, that we will likely see it continue to rally this year. Even Dow is glued to my line :) . Anyway, still dropping, now comes the difficult part. This idea is actually to patiently wait for a bounce in this zone, rally above today’s high, see it slow down and then short it. Going long here is risky, fed rate cut news today was short lived and got sold (as expected, xxxxxx thinking it will work ). At the moment looks like a bear flag or bottom formation. Think if we see one more dump, fast one, like towards 25500ish, could be a stop hunt and then the potential low. But again, long is very risky in this market, safer plays is shorting the highs
DJ:DJI
by botje11
9
DOW JONESDow Jones is the oldest index in the world. This index always shows what is happening with the US economy - the largest economy in the world. Soon can be a new crisis and the question why this is happening? people will have many answers But I'm not talking about that Each crisis created new technologies and new companies, and the people who created or invested or participated in this are rich. Companies created in crisis 2007-2008 Blizzard Whatapp Airbnb Uber During the dot-com crisis and the Russian crisis Amazon Ebay Netflix Google EXON 1991 Idex Eccenture 1980-1982 AT&T Adobe 1973-75 Apple Microsoft 1969-71 Starbucks 1960-61 Humana 1937-38 Macdonalds The crisis is changes, changes in the consumption model, transition to a new stage of evolution, in the next crisis, someone will lose their jobs, and someone will create large multi-billion dollar companies 2008-2009 and Bitcoin are very good examples of this. I’m sure that Satoshi understood the flaws of the financial system. and created bitcoin which is devoid of these flaws. Create whatever Best Regards EXCAVO And thank you Kris Kacher
TVC:DJIEducation
by EXCAVO
39