Ym
Elliott Wave View: Dow Futures (YM) Short Term Support AreaShort Term Elliott Wave view in Dow Futures (YM) suggests the rally from June 21 low is unfolding as a 5 waves impulse Elliott Wave structure. Up from June 21 low, wave 1 ended at 34975 and pullback in wave 2 ended at 33624. Index has resumed higher in wave 3 with internal subdivision as another 5 waves impulse in lesser degree. Up from wave 2, wave (i) ended at 34034 and pullback in wave (ii) ended at 33843. Index resumes higher again in wave (iii) towards 34789 and dips in wave (iv) ended at 34557. Final leg higher wave (v) of ((i)) ended at 35082.
Wave ((ii)) pullback is unfolding as a double three Elliott Wave structure. Down from wave ((i)), wave (w) ended at 34602 and rally in wave (x) ended at 35009. Expect wave (y) to end at 100% – 161.8% Fibonacci extension of wave (w) towards 34217 – 34521 blue box area. Index should then find buyers at the blue box area for further upside or 3 waves rally at least. Near term, as far as wave 2 pivot on July 20 low at 33624 stays intact, expect dips to find support in 3, 7, or 11 swing for further upside.
Non- Farm Payroll Front RunAAII Bullish sentiment Indicator @ All Time Highs.
ROC irrational optimism abounds - while sentiment remains
extremely negative @ 38%.
Housing Prices remain in an extraordinary Bubble with the 10yr
approaching 1% from YCC.
The ES SPY SPX Trend SLOPE is increasing.
USDX appears to be supportive ~ 92. A weak US DX will shove
assets higher within the Negative DX Trend.
A clear structure of the resumption of Down Trend as the Long
DX Trade which Specs chased is failing.
FX Pairs have clear bias to Higher DX, outsized, but not extreme.
Technical Structures across FX remain DX Bearish.
Yields are telling us Equities would move higher and yet the expectations
for the move higher was not met.
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*** Divergences continue to expand to Negative Extremes.
NFP will be front run, Claims have been declining.
August 6th may provide the Catalyst for Bulls, then again Delta is
beginning to show large gains in New Cases among the Vaccinated.
The Market remains extreme, Caution warranted.
We remain Neutral into NFP.
A50 - China Contracting - Personal Consumption DecliningAs Kuh Kuh Cathy Woods finds God and re-discovers "Faith" in investing -
her flock discovers the very same religious experience.
Faith in Central Banks ability to backstop Markets is accelerating.
The phenomena is not limited to TECH, it is global and it has expanded
to every Capital Stock - Real Estate, Equities, Commodities and Bonds.
Crypto and the Metals Complex are the laggards.
This brand of unprecedented Mania has begun its Zenith Phase.
It is well beyond the irrational Mania of the DotCom Mania, well
beyond.
Buy buy, buy... Sellers and Intelligent observers are mocked for
their plaintiff wails of objection.
Clearly there is an immense danger to this, one which will eventually
present itself in the near future, until then the BBB Herd will expend
all the Capital Energy they can and then move to Leverage via
increased Margin.
Margin as a percentage of Capital Stock for Equity is frankly minimal
so there remains intense upside pressure for those who begin to
cheer their own successes believing higher prices are expected.
Caution for Sellers here as this can become far more distended.
We will see how the updated Levels for NQ ES YM trade, Friday
all Futures Indices hit their Extension Targets.
Earnings is dead ahead and INTC gave a clear warning, it was not
heeded as "Faith" itself and its followers pressed their luck.
We anticipate this to continue after the July 21st reversal
period was immediately snapped up 2X.
Dangerous times, Good Luck and Trade Safe.
PANIC Ahead - August into OctoberThere is far more to "markets" than Charts.
Risks appear as IF unknown when all eyes are focused
upon Charts - this has been demonstrated time and again.
Yet it remains mostly ignored.
There are immense Risks to the Equity Complex.
Today is a Prime Example of Wall Street getting its fills for
the upcoming correction - it will be swift, violent and decidedly
nasty.
Buy the Dip is an almost religious, cult like adherence.
This too shall pass.
We anticipate a move to 200 EMAs happening with extreme
swiftness.
Timing it will be folly, it is best to begin positioning for it
as Geo Political Risk has not been this high in years.
Good Luck and may you prosper immensely in this next decline.
dow going to 35800 frist target of dow is fibo 61%, if it can break target 2 is fibo 161% 35800
we strongly advice dont pick sell , stand on buy side,looking for buy to hold until near 35800
pick sell in gold,dax,dow,index is very very dangerous (see weekly trend,they always go up,upper)
if you have old sells , we advice close all now ,dow can fly up wild (no big news behind ywsterday crash)
green arrow=powerful buylimit place with sl=100 trailstop=100
good luck
BTC - Press Your LuckThe Potential for a Squeeze in BitCoin is rising. 30,000 lets go and Sellers will
indeed press their luck should it fail.
Selling throughout the EU Session has gained momentum as the VIX broke it's
UTL by 4 Ticks.
We had issued a cautious note on Indices into July 20-22, 2021 as tensions were
beginning to mount in the South China Sea.
RTY has failed IT Support, ES Fails at 4251, YM 34,000 - NQ 14313.50.
CCRV has been indicating a Pullback in the Commodity Complex as the Curve
appears to be heading South once again.
Presently, we are anticipating a minor retracement at some point today, perhaps
when the EU Session closes up into 11:30AM EST.
Should Selling continue unabated, we anticipate BRC losing 30K this week and
heading to out open Target of 24955. 36,000 should contain any ST Squeeze as
the Sell Side of the BTC trade is becoming crowded.
NG has been a stellar counter-trend trade to CL, $4 appears to be in play.
Remembering when NG traded from $1 to $21 - brings back memories.
OGZPY (Gazprom) would continue its trend to $20 over the longer term time
horizon.
The VIX has made a new high just now and is now targeting the 22.75 Level.
It's going to be a sporty day indeed, right on time :)
today CPI news show inflation is terrible US 10 year yield start fly up too , inflation each second can 5% crash market , we still dont see buy here (green arrow powerful place for buy with sl=80 and (hold 10-15 day)
exactly now , we have sell signal on over pattern finder robot on 1 hour chart ! prnt.sc
advice= until fibo 61%(red color on chart) looking for sell but with SL and low size ....technical say dow can see 32600 ,big trend line (buylimit place)
dont forget ,world best analyzers have 4 mistake to 6 true , so dont forget here in trade 100% is imposible,for this pro trader put SL and use low size
good luck
Elliott Wave View: Dow Futures (YM) Ready for New All-Time HighShort term Elliott Wave view in Dow Futures (YM) shows the rally from June 21, 2021 low is unfolding as a 5 waves impulse Elliott Wave structure. Up from June 21 low, wave 1 ended at 34755 and pullback in wave 2 ended at 34004. Internal subdivision of wave 2 unfolded as a zigzag structure. Down from wave 1, wave ((a)) ended at 34241, rally in wave ((b)) ended at 34595, and final leg lower wave ((c)) ended at 34006. This completed wave 2 in higher degree.
Index has broken above wave 1 at 34755, suggesting the next leg higher in wave 3 has started. Up from wave 2, wave (i) ended at 34375, and pullback in wave (ii) ended at 34140. Index resumes higher in wave (iii) towards 34796, and pullback in wave (iv) ended at 34548. Expect Index to soon end wave (v) which should also complete wave ((i)). It then should pullback in wave ((ii)) to correct cycle from July 8 low before the rally resumes. Near term, dips is expected to find support in 3, 7, or 11 swing against July 8 low (34006) for further upside.
stochastic and AC go to sell on dow why sell? on CASH PHISICAL DOW NYSE we have big ,powerful open gap in down
in other side see AC and stoch on 4hour chart , for coming monday to wednesday dow must see min fibo extention (projection) 61% (predict= wide zigzag days will comes)
alert= if dow break red trendline can crash
advice =looking for buy on above green arrow specialy 33600 is powwrful place for buy and hold
for fair analyse ,i dont have any open order on dow (i am dax trader from 2006, on real money i only trade dax ,however i monitor dow from frist days )
good luck , dont forget use lowest size and put sl on low/high (or 80 point)
M shape , dow want wide zigzag like dax in daily chart you can see FLAG patern are creating !!! so we predict wide zigzag for comming week with light + trend
reen arrow=buylimit place with SL=80 trailstop=80
secret = in europe morning, you must watch dax too , dow sp500 move with dax
dax future=FDAX1!
dax realtime=GER30
ALERT=on daily chart we see dow can crash to 32000 , be careful
Dow. strong movement last week, wrong side of recent trendline.Dow has been strong recently, and is now on the selling end of the trendline it created during that move. It has bullishly reacted off the recent .5 fib retrace, and it has bearishly given a long wick into a resistance area.
I can't tell if this is a wild prediction or not to be fair. I think I may be getting too specific.
Elliott Wave View: Pullback in Dow Futures (YM) to Find SupportShort term Elliott Wave View in Dow Futures (YM) suggest cycle from March 2020 low remains intact in a 5 waves impulse Elliott Wave structure. The 45 minutes chart below shows wave ((4)) of this impulse ended at 32891. The Index has turned higher in wave ((5)) with the internal unfolding as another impulse in lesser degree. It still needs to break above previous wave ((3)) peak at 35000 on May 10 peak to rule out a deeper correction. Up from wave ((4)) low, wave (i)) ended at 33380 and pullback in wave (ii) ended at 33289.
Index resumes higher in wave (iii) towards 33863 and dips in wave (iv) ended at 33627. Final leg higher wave (v) ended at 33962 which also completed wave ((i)). Pullback in wave ((ii)) ended at 33752. Index then resumes rally higher in wave ((iii)) towards 34240, and pullback in wave ((iv)) ended at 34133. Final push higher in wave ((v)) ended at 34411 which completes wave 1 in higher degree. The index is now correcting cycle from June 21 low in wave 2 before the rally resumes. As far as pivot at 32891 low stays intact, dips should find support in 3, 7, or 11 swing for more upside.
we predict down currection if ...daily chart clearly show sell , we have 2 trend line in down , technical say if dowjones can break them ,down trend will start ,can go to 28500 (big gap on cash phisical dowjones)
www.tradingview.com
red arrow=powerfull sellimit place with sl and trailstop= 80
green arrow=buylimit place with sl and trailstop=80
if big trend (daily chart trend line start from corona crash) near 33900 break , you can sell
us exclent GDP will shoot dow to 353006.4 GDP for US after corona is real miracle , this mean in next months we will see 8.5 even 9 too
prnt.sc
source=forex factory
fibo extention show dow target is 35300 ok? (next can reach 37000 soon),we strongly advice stand on buyside, looking for buy ,dont pick sell signals in next 10 day
www.marketwatch.com
now dow have powerful sell sl=100point trail stop=100point tp= min 34000
green arrow=buylimit place with sl=100
orange fibo in left = trend base FIBO EXTENTION (projection)
for load it on metatrader right click or up,drawing tools, then load FIBO expantion (this tools good on zigzag market like dow and dax not good for trendy markets like gold)
draw it on last N shape in 30min chart(for day trader) for longterm trader draw it on 4hour chart
on your real ,if you pick profit from this signal , please send 5% of profit , CHEAR (coin) above my profile
www.tradingview.com
GOOD LUCK
we more exactly recalculate=100% dow will crash in coming days after bad NFP news and big unemployment 6.1% seller pressure ,affect of negative news will be big
100% dow will see 34000 (100% put buylimit with sl=100)
90% dow will touch 33100 (100% put buylimit with sl=200)
keep monitor AC accelator occilator (if your platform dont have it ,search it in google or use stoch 7.4.4) on 240-30min chart is very very important, when AC 4hour is red,looking for sell
technical big trends + fibo 161% show 33100 ,save this number in your mind,you will see it soon (golden place for buy and hold 20-30 day)
advice = dont pick buy above 34000 , if you have buy close it now ,looking for sell ,bet you dow little can go up BIG CURRECTION comming in next days will clean all green candel in 30-60 min