Us30usdshort
Us30Usd FIBB Levels screams Short! As we know US30 has been making ATH's but for this very reason I would not feel good about entering long or even investing.
The smart money gets out here while the dumb money gets wrecked, Reason why I would do a Sell Stop order is in case price makes a couple more pushes to the upside be patient.
Enjoy.
Down Jones and the Market of Doom...?Hey Fellow Investors!
Check out my potential short trade idea on US30, AKA Dirty 30, AKA Dow Jones, AKA Easy Money!!!
If price on this weekly candle does not close below per notes on chart, sell position is not valid...
Please enjoy this trade idea, I'll see you on the other side of TP!!!
Signing off,
Golden Boy
US30 - READY FOR BIG SHORT? It is getting more and more obvious that Trump's Government have used trade war as a leverage to propel markets to ATH or higher (SPX) to this point. However, it looks like "all masks will come off at midnight" i.e. Sunday before futures open to reveal that it all was a big disguise. Trump's approval ratings going into election year are at record low. One thing that boosts popularity is a nation's solidarity in the time of war (trade or real or both).
Huawei was reportedly collaborating with Chinese army on R&D projects. Dead end for 5G in US. Trump will never lift its ban.
Two crucial trading days left. There will be a lot of news from Government officials about upcoming deal with Xi, but you know that that is method that they use "pump before dump". Watch out...
Tariffs, that is the only source of funds that can offset evergrowing US debt in Trumps opinion, not by much but to cap it somehow. If not Monday, but soon enough we will see additional tariffs in place on majority of Chinese goods. That will tank the whole market, but Trump will have a secret weapon to unveil at the time when everybody think that recession is at the door step - they will sell billions of Dollars to make it much more competitive among other currencies. That in itself will temporary boost the market.
For now, Monday the July 1st is our climax point. We shall see...
Good luck to all of you.
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
US30 - Indices Forecast - Wave Patterns - Volatility in MayIf you like this idea, please support it with a like. Thank you.
US30 labeled in a Leading Diagonal within Intermediate (1) (blue), with a bearish sequence expected to start unfolding.Diagonal can still perform one more leg on the up-side, however, a breach of the lower trend-line (blue) would invalidate that scenario.
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.
Dow Jones: WARNINGWe are at predictable resistance in DJIA. Last Thursday saw the break of a rising wedge, but Friday offered little follow-through. We are now falling moderately in early Sunday trading (at the time of writing).
I was aiming for a test of trendline resistance within the purple box. We can still test this area; either way, I'm betting on a wholesale decline in equities.
THIS IS NOT A CRASH! US equities will not crash. We are simply in a consolidation period of multiple months, possibly years, which will eventually lead to an explosive rally.
My targets are the two trendline support lines. Should we break the second, I will be able to better judge where a buyable low will form - and there WILL be a great buying opportunity. This is a multi-month trade, lasting over the Summer, and possibly beyond.
For now, I'm short, and will add on any intraday rally on Monday, and possibly Tuesday.
Only a solid daily close above the previous swing high in the 25300 area would shift me into neutral. The market is would have to rally beyond the 25800 to make me bullish.