Dow Jones Industrial Average Index discussion
DJI Riddle me this. If 50bps was priced in, why the massive upside move? If the economy is strong, then why a 50bps cut?Can you say, melt up?
US30 I mentioned two key prices this morning for today, the 1h settled on one price and the 4h candle launched from the second price, that means to me that wish to raise the index up to 24550 is strong. Also Nasdaq is performing even better to one way direction. So I am opening now my second long trade from here
US30 small risk taking players Can sell dow fut 42060...42098 sl 42122
US30 Sell US30 📈Target 41986 🚀
US30 On the Hourly, if the bulls don't rise above the S&R Zone, they may drop from a retest of the Zone, then and do a deep pullback. Based on the 4-hour timeframe, price action is moving within an Inside Day. The high of 41,975 has been rejected by the upper wicks of three candles, so a drop down can reach the upper level of a S&R Zone at 41,601.
A Big But: If the bulls manage to get above the S&R Zone, then they'll fill those wicks of the last two, tall candles and potentially head towards the take profit of 42,239.
US30 it hit 41815 not bad, i said 41810, I will consider long but will prefer to wait a little more to make sure, as it should be gone to 41810
US30 ny us30 session has been shit for a whole week nowUS30 Reminder: After this bear run on the Hourly is officially over, there's the final retrace from the erratic Outside Day pattern. With a retrace coming to the upside, there's the S&R Zone. Watch to see if it will break through to go above the Zone or just retest it.
*Side Note: There's upper wicks to fill of these last two candles, so we'll see if it happens soon.
US30 huge fvg at today's lows which it could be heading right toUS30 My signal hit the target in 6 mins