US30 - SELLI belive US30 will come back to retest this support level before bouncing off again, I dont think its ready to take a nose dive just yet but some profits to be made here
Us30cash
US30 - DROP INBOUNDAs we can see from the chart previously once price broke the highlighted level it dumped but retraced very quickly. I anticipate once support is broken we are going to see an even bigger drop.
I have a few sell stops in just in case to catch the fall
Guys? Please tell me that this could be double top?I been researching for hours and hours on google trying to figur out when it is right time to make a trade because on google it tells me many things about double top that can be trap move??? I am scared that if i do it wrong i will mess up my trades?? I know google tells me that when price bounce off the support level, it is a sell. BUT i also saw that it broke the support and reversed to induce buyers to take a trade only for it to reverse against them?? Is this true?? Please educate me because babypips and google arent very informative against big players in this game.
sell us30 TP:24793SELL US30. TP 24793
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ridethepig | Coronavirus Risk-OffOn the Equities front sentiment is starting to shift once again towards the negative side with offloading being done at the highs. After clearing Powell focus is shifting back towards the pressures on earnings from Coronavirus and spillovers, not expecting much more room to the topside in the immediate term.
Investors do not like the headlines from China with cases jumping sharply. Tracking closely USDJPY as a benchmark for the FX board to measure the reaction in risk. 110.2x remains strong resistance and creates a strong drag on Equities moving further. The factory closes are going to trigger a round of default risks for Chinese factories. School closures are being extended into March while the Chinese government remains closed until the final week in Feb. This all has yet to translate into the data, markets will need to price the additional risk premium.
Don't forget to keep the likes coming, we can continue to update the intraday charts if we get enough interest in the short-term flows!
US30 Index - Free Fall To 29000 Is RealAs you guys can see on my previous prediction, US30 index will fall free fall to 29000 and this is become true and real.
I have seen in my dream and it is like being a dejavu. Today China the major country with the supplies start to kick back their operation despite risk.
If China not settling their operation resume to normal, the price of AAPL apple and US30 wall street will going to bearish instantly. It is already one month that China had halt their production line. This chain supply like a domino effect and all hoping that China will recover soon on their productivity performance.
Nasdaq fell more than 100 point from holiday close as investor started to consider the impact of the virus on business operations.
The business impact appears to be of much greater concern to the market rather than the health emergency as the coronavirus infections still appears to be primarily a Wuhan phenomenon and cases ex-Hubai province and much more importantly ex-mainland China appears to be contained.
As I wrote the article, GOLD XAUUSD has bullish above the 1604.00 key level. Traders started to buy Gold as their safe heaven economic sentiment.
BITCOINS/USD has risen up to 2600 points.
The longer the crisis persists without any signs of global spread the less market fear the consequences.
The longer this crisis last, the uncertainty and losing the faith of investor to purchase the stock market.
To be in confident to purchase it, must have to get rid the insecurity of the investor.
If cant, all the stock investor will move towards on buying XAUUSD GOLD instead.
Hint: I am expecting this indices of US30 will going to bearish free fall down to 28250
By Zezu Zaza
last wave of the Eloittwave we see a clear retracement of the .618 aligning with the second wave. the 3rd wave is the end of the Fibonacci extension. we know now that the waves are respected and came to an end. we are entering now the ABC pattern of the Eliott wave where we can expect some natural pullback.
price can show some downside movement and can continue up.
US30 still going up, BULL-LIEVE thatttttdow jones still on a bullish run and momentum,
looking for it to stay inside the channel , also everyone is expecting the "drop" how many have been caught out already?
dow jones job is to do well in performance, i see it respectng the channel , ive also called in my telegram group US30 to make a new high this month also.
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SHORT THE US30 -WITH A TIP :)Price is showing potential to continue moving bearish and is currently in a potential sideways correction. Take profit and stop loss levels are marked.
Educational tip: Every trade you take is nothing more than educated 'guess' with a 50% win probability . Your job as a trader is to make sure you are educated fundamentally, technically and psychologically to the best of your ability.
Risk to reward - 1:2
Equity risked on trade - 1%
Hit that follow button for more value :)
US30 ShortClear Short, why?
1) Totally overbought D1-M1
2) No Fed rate cut
3) Worst economic outlook since 2001
4) USA - China deal? Come on :D Not
5) Gold runs up
This is typically a blow off in the market bubble before recession.
T1 25,320
T2 24,730
US30 WEEKLY POSSIBLE SWINGA beatiful set up,i gotta say one of the must accurate set ups are the ones on the weekly and monthly timeframe if the proper criteria lines up and this is one of them,here we got the following confirmations:
1.Price has formed a weekly triple top
2.Reached maximum history high that has been respected in the past years
3.End of a bullish 3rd structure and impulse
So i would love to see a bearish reverse pattern to confirm this and short it for 1 or 2 months to 25500 area
Donald Duck runs USA Not in a million years is price going to break our red resistance zone, this zone is an all time high for US30.
For all you people who think that it will break and continue to rise just answer me this.... How the hell is price going to do this with Donald Duck in charge of your country, when you are in the most debt the country has ever been in, unemployment is rising, crime rate is rising, homelessness is rising... you telling me this is the recipe for a healthy and growing economy?
All the people who think this need to go bang there head against a brick wall and hopefully it knocks some sense into them, because it sure as hell cant knock any sense out if there is none to knock out.
I best end this rant before I get banned off here ;p haha.
Benefit from PEOPLES STUPIDITY.26950 area is very important as this is an all time high price that I can almost guarantee you WILL NOT be broken any time soon.
It doesn't take a genius to work out why this level will not be broken... look at the muppet you have running the country he's like a spoilt little child running around a toy store running up debt and annoying people, The US is the most debt it has ever been in, unemployment is high and crime is up.... Give Mr Trump a round of applause :)
Yet he keeps telling people the economy is fine... this is what he wants you to think so you keep spending money and getting yourself in debt, and most people are too blind to see what's happening... All I know is I'm going to benefit from peoples stupidity.
When the recession hits and most people loose everything because they were blinded by b#llshit do you really think the people at the top of the food chain that caused this crash are going to go broke? NOPE because they knew it was coming and therefore invested in safe havens.
This is my rant over... but expect another 1 pretty damn soon ;p haha.
US30USD - BEARISH - $25100 - $24400US30USD - BEARISH - $25100 - $24400
US30USD is ready... All I am going to say...
It has finally made the real retrace that I have been looking for...
Tested the EMA on the H4 TF...
Which matched up with my volume profile line.
Also tested the last High on the M30 TF.
Now lets look for the continuation...
Government pulling the wool over your eyes....As you can see price broke our trend line, respected our resistance line then dropped, price is currently now at another little resistance level after making a bullish correction where we either see a break or bounce.
Our thinking is we are going to get a bounce very soon either at the resistance level we are at now or the resistance level just above, either way we are not going to break both resistance levels as the US economy is really not as strong as they are making out, they are pulling the wool over your eyes as they don't want to scare you.
Look at the bigger picture, if they scare you they everyone will pull money out the markets causing them to crash earlier than they are going to... everything the government do is for there own benefit... not anyone else's like they tell you.
BAKED BEANS FOR A HOUSE???Price failed to take out more recent daily highs ( green line ) and we can see a trend line that has formed, now if we see todays daily candle close below such a well respected TL we could see price fall further.
And we think this will happen because we believe the economy is slowing down, weakening ready for a recession so prepare yourselves, sell your house now... or be offered a tin of beans for it next year ;p
We owe this to MR Trumpy bum in office, the country is $22 trillion in debt yet they continue to lie to the people, so when the recession does hit its going to hit harder that mike Tyson.... be warned ;p
I'm getting ready to buy a little island I can move to when it hits as crime and violence will sky rocket! Anyone coming with me? haha
