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D-JONES, Important Levels To Consider Next Times!Hello Traders Investors And Community, welcome to this update-analysis where we are looking at the DOW JONES Industry Index 4-hour timeframe perspective, the recent price-action, the current importances in the structure, what to consider next times and how to handle upcoming situations in the right manner. As the overall stock-market is recovering from its corona-breakdowns seen this year there are major indices which already filled important key-levels such as the huge gap in the SPX which I mentioned and now filled properly, the DOW is still below these levels and could possibly follow-up with its gap-fill. In this case I detected some important signals which can make this happen when the DOW moves correctly within its range, but this does not mean the market is comptletely bullish as the bear-market is still not confirmedly over bearish action can increase again as markets approaching solid supply zones. Looking at my chart you can watch there that the index just moved above its descending-channel-formation and formed this smaller ascending-channel-formation where it also moved above the upper boundary, these factors give an increased bullish pace within here and can indicate continuation to the upside which will be given when the index manages to travel above the last rising resistance of its channel as you can watch it in my chart, it is either possible to form a consolidation before doing this or a immediate breakthrough, a consolidation is more likely within this structure. When this properly plays out the index will look for the gap to be filled which will be crucial as this can be a point where supply enters the market as people taking profit and the price moves to the downside therefore it can also be considered a possible short-zone as you can watch it marked in my chart. It is highly important to take note that although the index sending some decent bullish signals at the moment it is still not confirmedly bullish not only because there are still remaining strong resistance-levels but also because there is still a huge difference between real economy and stock-market as stock-market is showing gains real economy is in a decline, to provide a healthy unspeculative market environment these two need definitely move together. When the index approaches the higher levels we need to elevate and be prepared for possible bearish signs as this will be crucial level where selling pressure can enter while many retailers rushed into the market to do not pass away the rally smart-money is still not fully in the market and in the sidelines this can be a indication for more bearish pressure assuming over the course of next weeks and months. In this manner, thank you for watching, support for more market insight and have a good day! “Forecast is a mixed fortune in todays market environment. ” Information provided is only educational and should not be used to take action in the markets
TVC:DJI
by VincePrince
1
DOWJONES (Critical movement)US30 last week was positive for DowJones and raised 2.25% so this week will move inside the circle which means will try to touch 34580 also and then will drop to reach 34260 however this week NFP will affect the market on Thursday and Friday and generally, 34170 is a strong support for this week and 34580 is a strong resistance pivot price: 34260 support price: 34170 & 34040 & 33950 resistance price: 34350 & 34465 & 34650 The movement range is between 34170 and 34580
EIGHTCAP:US30
by SroshMayi
2
DOW JONES on the 4H MA50 on the Channel UpDow Jones touched the 4H MA50 and bottom of Channel Up 2 that is dominating June's price action. Naturally, the 1D technicals are bullish (RSI = 63.354, MACD = 250.370, ADX = 14.024) and the 4H ones marginally neutral, which indicates a short term buy opportunity. With the 4H STOCH RSI making a Bullish Cross inside the oversold zone, that is technically a buy signal at least on the short term. The next technical Resistance is R2 and that's our target (TP = 34,950), which is also the Top of December 13th 2022. If the candle closes under the 4H MA50 though, which would also mean crossing under Channel Up 2, we will short targeting the 4H MA200 (TP = 33,500). Prior idea: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
CAPITALCOM:US30
by InvestingScope
2
DOW JONESDow Jones Industrial Average is the oldest index in the world. The index always shows what is happening with the US economy - the largest economy in the world. Let's look at the chronology of important economic events since 1916: 1916 Lusitania - Sunk by German Submarine / Emergency Revenue Act - Includes Estate Tax 1917 US Formally Declares War on Germany 1918 World War I - End / Daylight Savines Tima / Amendment, Prohibition - Ratified 1919 Amendment, Women's Suffrage - Ratified 1921 The First Restrictive Immigration Act 1922 Federal Narcotics Control Board - War on Drugs 1923 First Transcontinental Fight Japan Earthquake 1924 Ford Manufactures 10 Milfionth Automobile - Scopes Monkey Trial 1926 Revenue Act - Reduces Income & Estate Taxes 1927 Lindbergh - First Nonstop Flight - New York to Pacis 1928 Amelia Earhart - First Woman to Fly Atlantic 1929 Financial Panic - Stock Market Crash - Depression 1930 Smoot Hawley Tariff Act 1931 Bank Panic - Countrywide Banks Closings 1932 Lindbergh Kidnapping / Reconstruction Finance Corp 1933 The New Deal - FDIC Established 1934 Securities & Exchange Commission - Established 1935 Social Security Act - Passed 1936 Drought in the Western States - Dust Bowl 1937 Hindenburg - Destroyed 1938 The New Deal - End / Fair Labor Standards Act 1939 World War Il - Begins in Europe / Great Depression 1940 France Falls - German Occupation 1941 Peart Harbor - Attacked by Japanese 1942 Price Controls - Begin / Battle of Midway / Guadalcanal 1943 Current Tax Payment Act, Withholding Taxes 1944 Normandy Invasion 1945 World War II - End / Cold War - Begins 1946 Stock Market Crash / Price Controls - End 1947 Taft-Hartley Act / Marshall Plan 1948 Truman Upsets Dewey - For Presidency 1949 Foreign Currencies Devalued 1950 The Korean War - Begin 1951 First Commercial Color TV Broadcast 1952 Steel Workers Strike - Despite Government intervention 1953 The Korean War - the End of Wage Stabilization Board 1954 St. Lawrence Seaway Bill - Passed 1955 President Eisenhower - Suffers a Heart Attack 1956 Suez Canal - Crisis 1957 Sputnik | 1958 USA - First Satellite Launched 1959 St Lawrence Seaway - Opened 1960 First Japanese Cars, Exported to US / U2 Spy Plane Shot Down 1961 The Berlin Wall - Built / Bay of Pigs - Debacle 1962 The Cuban Missile Crisis / Sled Price Rollback 1963 John F. Kennedy Assassinated 1964 Vietnam War Begins - Gulf of Tonkin Resolution 1965 The Great Inflation - Begin 1966 Medicare - Begin / the First Time USA Bombs North Vietnam 1967 The Six-Day War 1968 The Offensive / R.F. Kennedy & M.L King - Assassinated 1969 Apollo 11 - the USA on the Moon 1970 USA & South Vietnamese Invade Cambodia | Kent State 1971 Wage & Price Controls 1972 Watergate - Break-in / Munich Olympics Massacre 1973 US Involvement in Vietnam - End / Arab Oil Embargo 1974 President Nixon Resigns / ERISA Act - Signed 1975 Saigon - Fall / May Day - the End of Fixed Commissions 1976 US Bicentennial / Lockheed Aircraft - Bribery Scandal 1977 Panama Canal Treaty - Control of Panama in 2000 1978 Humphrey-Hawkins Full Employment Act 1979 Three Mile Island - Accident / Iran Hostage Crisis 1980 Iraq Invades Iran - War / Hunt Brothers Siver Crisis 1981 Tax Cut - Passed / Space Shuttle / President Reagan - Shot 1982 Penn Square Bank - Closed by Regulators / Falkland Islands War 1983 Terrorist Bombing of US Barracks - Beirut / Grenada Invasion 1984 Run on Continental Bank 1985 Gramm-Rudman Act / US Becomes a Debtor Nation 1986 Iran-Contra Affair / US Attacks Libya / Chernobyl Accident 1987 Financial Panic / Stock market Crash of Iraq Attacks on USS STARK 1988 Terrorists Bomb N.Y. Bound Airliner - Lockerbie, Scotland 1989 The Berlin Wall - Opens / US Invades Panama 1990 Iraq invades Kuwait / Gorman Unification 1991 The Gulf War / Soviet Union Collapse 1992 The Cold War - Ended / Civil War in Bosnia 1993 Russian Revok / World Trade Center - Bombed 1994 Orange County Bankruptcy of NAFTA instituted 1995 Oklahoma City - Murrah Federal Building - Bombed 1996 Alan Greenspan's “Irrational Exuberance” Speech 1997 Asian Currency Crisis - Hong Kong & Global Stock Market Rout 1998 US embassies in East Africa bombed 1999 NATO Bombs Serbia, Yugoslavia / Y2K - Millennium Scare / Columbine massacre 2000 Bush v. Gore Election Crisis / Terrorist Attack on USS COLE 2001 Terrorist Attack on the World Trade Center & Pentagon / Enron 2002 War on Terror of Turmoil in the Middle East / Corporate Misconduct 2003 Iraq - Weapons Inspections / War in Iraq 2004 Global War on Terror 2005 Record High Oil Prices / Hurricane Katrina 2006 Housing Decline / Nuclear Weapons - North Kores & Iran 2007 Subprime Mortgage / Credit Debacle 2008 Credit Crisis / Financial Institution Failures / Bitcoin - Created 2009 War on Terror / Climate Debate / Healthcare 2010 Gulf Oli Spit / European Union Cassis / Massive Debt 2011 Debt Ceiling Crisis / US Credit Downgrade 2012 European Debt / US Fiscal Cliff 2013 Boston Bombing / Government Shutdown / NSA Leaks 2014 Rise of ISIS / Police Protests / Oil Price Decline 2015 Terror Attacks / Refuges Crisis / China Slowdown / Fed Rate Hike 2016 Brexit - Start / Cuban Embassy Opened / Elections 2017 Trumponomics, Cryptocurrency Fever 2018 United States trade war with China 2019 Chang'e-4 on the far side of the moon / Fire of Notre Dame Cathedral / The first case of 2019-nCoV coronavirus infection in China 2020 US-Iran Tension / The COVID-19 Pandemic / Joe Biden Wins the Presidency / "Black Monday" for oil / Brexit - End / SpaceX space launch 2021 The GameStop short squeeze / Ever Given halts global supply chain / COVID-19 vaccines / America withdraws from Afghanistan 2022 Ukraine Russia War in the Center of Europe - Sanctions for Russia What awaits us next... Potential events that may overtake us in the near future: - The use of tactical nuclear weapons. - Cyber Warfare. - Hunger. - The largest economic crisis (food crisis, trade supply crisis, energy crisis). - New viruses, pandemics. - Potential formation and formation of Kurdistan and conflicts around it. - Massive Blackout. - Conflicts of countries in Oceania. Write in the comment section what you would add to the list above. Best Regards, EXCAVO
DJ:DJIEducation
by EXCAVO
186
US30This is my my "Sunday" review. I'm slightly fluish but that still is no excuse to being a slack. Here we have US30 (A pair I actually didn't have the belief I'd be able to trade) From the Daily, we can see we are forming a pennant and in previous weeks we have broke an uptrend, retested and continued. So we know we have hit all 3 points on both sides. Move down to the 4H where we see a double bottom and an inverse H&S which is the opportunity for a bullish run. That is still not enough to declare our buying bias. We will wait for area of significance to be broken, retested before fully placing Buy Stops. Down to 15M, those mini runs are risky but if you're thirsty and have enough capital to play with (you know how much that is), then fully go for it and stay watching it. I have just read that it is the CPI week so it will shake up the fundamental side of the market.
U
by Mhangwane1
The Age of BubblesToday's world is a world of economic bubbles and rapidly changing technology. From cryptocurrencies to the dollar, from printing presses to centralized digital currencies, these are all part of our lives. However, with the arrival of CBDC (Central Bank Digital Currency) could be the beginning of the end of the bubble era. Currently, many investors and traders believe that economic bubbles are normal. Their creation can lead to rapid enrichment, but it can also lead to great losses. This is why some experts believe that we are in the age of bubbles. Cryptocurrency is one of the most famous economic bubbles in existence. It has quickly gained popularity, attracting many investors and traders. Over the past few years, however, we have seen its prices fluctuate, causing many investors to lose their money. This has made it clear that cryptocurrency is one example of an economic bubble. The dollar is another example of an economic bubble. Its popularity and impact on the global economy made it one of the most widely used currencies in the world. However, with the rising debts and budget deficits in the U.S., experts believe that the dollar could lose its stability and become another bubble. The printing press is another example of technology that can become a bubble. It can lead to inflation and deflation, as well as other problems related to the unequal distribution of wealth. However, there may soon be a solution to the problem of economic bubbles: the Central Bank Digital Currency. CBDC is a digital currency issued by central banks that is based on blockchain technology (or centralized blockchains haha) . It regulates and controls the circulation of money and reduces the possibility of economic bubbles. Since out of the chain between the central bank and the person will leave the private bank, which is what creates bubbles ( so the banks fall is inevitable) However, the emergence of CBDC could also cause some problems. Some experts worry about the possibility of limiting personal freedom and privacy, since the government would have complete control over the circulation of money. In addition, CBDC could lead to a technological monopoly unless there is full access and competition in the market. Thus, we live in an era of bubbles, economic bubbles, the dollar, cryptocurrency, and the printing press. However, with the arrival of CBDC we can hope for a more stable and controlled financial system. However, in order for CBDC to be a successful alternative, certain problems concerning competition, privacy, and accessibility must be solved. About ISO 20022 Central Bank Digital Currency (CBDC) can use ISO 20022 to ensure standardization and interoperability between different systems and participants in the payment infrastructure. ISO 20022 is an international standard for electronic data exchange in banking and finance. It provides unified formats for the exchange of information on payments, invoices, money transfers and other financial transactions. Using the standard ISO 20022 can improve the efficiency and reliability of payment processing in CBDC systems, as well as provide the possibility of interaction with other payment systems, which also use this standard. However, the specific standard used for CBDC may vary depending on the decision of each individual central bank. Many economists, traders and financial analysts are aware that financial bubbles are a problem that can economic consequences. They also understand that economics can work differently in different paradigms, so they explore new technologies, concepts and methods. In addition, many of them are already working with cryptocurrencies, blockchain technology and other innovative financial instruments, and therefore have an idea of how they can affect the economy and the financial system as a whole. Nevertheless, there are still economists who believe that financial bubbles are an inevitable part of economic life and that the economy cannot work without them. However, with the development of new technologies and approaches, this view is becoming increasingly outdated. In any case, economists, traders and financial analysts must remain open to new ideas and concepts in order to successfully adapt to the changing economic environment. Best regras EXCAVO
TVC:DJI
by EXCAVO
22
DOW JONES has started a rally that will amaze mostDow Jones is currently on the 3rd straight green 1W (weekly) candle above the 1W MA50 (blue trend-line), testing the top of the 4-month Channel Down. We have previously seen almost the same pattern during the 2015-2016 correction (E.U./ China/ Oil crisis). A fake-out below the 1W MA200 (orange trend-line) initiated a rebound above the correction's Lower Highs trend-line and formed a Channel Down. This Channel Down in 2016 was nothing but a Bull Flag pattern which after another fake-out, this time below the 1W MA50, it rebounded and almost reached the 1.5 Fibonacci extension with a final pull-back on Fib 0.786 that kick-started a very aggressive rally. Even the 1W RSI patterns match. Do you think that's the blue-print for Dow? ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
TVC:DJILong
by TradingShot
3
DOW JONES broke above the Falling Resistance. First buy signal.Dow Jones broke above the Falling Resistance for the first time in 2 weeks. The is the first bullish signal since the Triple Bottom but has the Pivot Zone 1 and the MA200 (4h) to overcome. Trading Plan: 1. Buy as this is a major bullish break out supported by the MA50 (4h). Targets: 1. 33300 (Fibonacci 0.618). Tips: 1. The RSI (4h) is on a Rising Support. In the past month, two similar technical structures ended up with a blow-off rise, even when in a downtrend. Please like, follow and comment!! Notes: This is a continuation of this trading plan:
CAPITALCOM:US30Long
by TradingBrokersView
3
DOW JONES Still ranged. Keep scalping for maximum profits.Dow Jones (DJI) followed the exact trading plan that we published last Wednesday as it rebounded on the 4H MA200 (orange trend-line) and today reached the Resistance Zone of 34300 - 34370(August 16 and January 15 Highs respectively). This keeps it neutral as we expected within the rough 33640 - 34180 Scalping Range: The 4H MA50 (blue trend-line) has assumed the role of the Pivot and the 4H MA200 (orange trend-line) that of the Support (all candles closed above it). Our short-term trading plan remains scalping this range for as long as the price remains/ re-enters inside it. On the more medium-term, above the green Pivot Zone we are buyers targeting 34300, while below the Higher Lows trend-line we are sellers targeting 32700 (above the 32480 Support). Similarly, we will take the buy break-out if the price breaks the 34370 January 15 High and target the 34910 December 13 High. Keep in mind that this Higher Lows trend-line is what helped us take this accurate buy entry 4 weeks ago as you can see on the chart below: ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
U
by TradingShot
4
DJI potential for bullish rise to previous highLooking at the H4 chart, my overall bias for DJI is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a buy entry at 33704.98, where the support is. Stop loss will be at 32948.93, where the recent low is. Take profit will be at 34712.28, where the previous high is. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
TVC:DJILong
by VantageMarkets
DOW JONES: Triangle break showing the directionDow Jones is supported on its 1D MA50 but the Triangle pattern since December is keeping it neutral. This is evident both on the 4H (RSI = 45.787) as well as the 1D technicals (RSI = 50.080, MACD = 100.970, ADX = 28.781). As all candles, even the two instances that broke above, have closed inside the Triangle, we will go long or short when it breaks out and closes. The Resistance and Support levels/ zones are clear on the chart. A price cross closing over the Triangle is a buy (TP = 35,350) just under R1 and a price closing under the Triangle is a sell (T{ = 32,550) just over S1. Pay attention to the 1D RSI which is within its own Triangle. A breaking may be a leading indicator to the price break out. ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
U
by InvestingScope
2
DJI Potential for Bullish Rise towards previous swing highLooking at the H4 chart, my overall bias for DJI is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a pullback buy entry at 33704.98, where the 38.2% Fibonacci line is. Stop loss will be at 32948.93, where the recent low is. Take profit will be at 34712.28, where the previous swing high is. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
TVC:DJILong
by VantageMarkets
DOW JONES The High volatility zone continues to pay offThe Dow Jones Industrial Average (DJI) followed our previous call (almost) 3 weeks ago to perfection as after trading within the Triangle, it broke to the upside and hit the 34300 target: The strong rejection of this week simply validates the argument that we've made since November, that the blue zone will be a High Volatility region for Dow as it is a confluence of major Support (Bear Cycle Lower Highs trend-line), Resistance (34300 August 16 High) and MA levels (1D MA300 and 1D MA50 (yellow and blue trend-lines respectively)). It is now testing the (dashed) Higher Lows trend-line, which if successful can make another trip to 34300. But if it doesn't hold, the real medium-term Support Zone is within the former Lower Highs trend-line and (mostly) the 1D MA200 (orange trend-line), which has already held once successfully on December 20. A break below targets the 31725 Support (1) first and (on a much less likely scenario) the 30100 Support (2) in extension. But why give away our 1D RSI blue-print and the symmetricality of each bullish - bearish phase that has been holding exceptionally well since the February 24 2022 bottom? As we explained in detail in our previous analysis, each bearish phase has been around 250 (4H) candles i.e. roughly 60 days. Considering that this is not a Bear Cycle bearish leg as it is obviously more sideways than making Lower Lows, we should be seeing an end of this phase by the 2nd week of February, if not earlier. Based on the 1D RSI though, it has already started to form the bottoming process (green rectangle) as shown by the previous sequences. As a result, investors should be more patient with such drops and willing to buy the pull-back at this stage, than looking to short to Lower Lows. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
U
by TradingShot
5
DJI Potential for Bullish Continuation Looking at the H4 chart, my overall bias for DJI is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a pullback buy entry at 33418.59, where the 50% Fibonacci line is. Stop loss will be at 32573.43, where the recent low is. Take profit will be at 34712.28, where the previous swing high is. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
TVC:DJILong
by VantageMarkets
1
DJI Potential For Bullish ContinuationLooking at the H4 chart, my overall bias for DJI is bullish due to the current price being above the Ichimoku cloud , indicating a bullish market. Price has tapped into my buy entry at 33418.59, where the 23.6% Fibonacci line is. Stop loss will be at 32581.97, where the recent low is. Take profit will be at 34595.51, where the recent swing high is. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
TVC:DJILong
by VantageMarkets
3
DJI Potential For Bullish ContinuationLooking at the H4 chart, my overall bias for DJI is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a buy entry at 33418.59, where the 23.6% Fibonacci line is. Stop loss will be at 32581.97, where the recent low is. Take profit will be at 34595.51, where the recent swing high is. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
TVC:DJILong
by VantageMarkets
1
DOW JONES: Testing the 4H MA200 for the 1st time in 3 weeksDow Jones broke today the 33,460 - 33,500 Resistance Zone that was intact since December 22nd. At the moment it is attempting a test of the 4H MA200, the first since December 15th. Trading within a Channel Up and with 4H technicals bullish (RSI = 62.540, MACD = 15.660, ADX = 24.447) while the 1D MACD is about to make a Bullish Cross, we expect a strong bullish trend if the price breaks and closes above the 4H MA200, with 34,900 (December 13th Resistance) the Target. Preferably we would like to see a break above the Channel Up as well. A break below the Channel Up will be a short-term sell opportunity with the 1D MA200 as the target, while further break below it, will target the 31,710 Support (November 3rd). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ## ## Also DONATIONS through TradingView coins help our cause of increasing the daily ideas put here for free and reach out more traders like you. ##
U
by InvestingScope
DJI Potential For Bearish ContinuationLooking at the H4 chart, my overall bias for DJI is bearish due to the current price being below the Ichimoku cloud, indicating a bearish market. Looking for a sell entry at 33462.65, where the 38.2% Fibonacci line is to clear out the liquidity hotspot. Stop loss will be at 34243.87, where the 78.6% Fibonacci line is. I am looking to take profit at 32485.23, where the previous lows and liquidity lies. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
TVC:DJIShort
by VantageMarkets
1