DIA trade ideas
Cup and Handle No Rising WedgesThe C&H pattern is Slow in forming but is forming NO Rising Wedges noted
The prior gap down may cause Hard R above price
QQQ, SPY and IWM are all traveling in a rising wedge.
Narrowing Rising wedges can be long term patterns and can travel up in them for a long time. Just be aware of the bottom trend line.
Rising wedges slope upward and contract at the apex.
Falling wedges at the bottom are often bullish and can signal a reversal from a downtrend. Examples, CBOE, CME, HSY
Not a recommendation
ETHUSD Breaking out will bitcoin follow????bitcoin and eth chart simular, will bitcoin follow.. cheers, Rick
DIA Gravity Center with too much respect Well here is another opinion that can tell the story of the DOWJONES STOCK,
in the weekly analysis we can tell that there is a high probability that the market will go down to test the green trend values,
Please share with me your thoughts,
Kind regards.
DIA double top and failPlease do your DD.
DIA has been lagging a bit but we should make a new high or double top before the crash. Stimulus in the coming weeks should send us higher soon but we are headed down in the long run.
RV StocksI'm looking for a group of stocks to run with, as the stock market no longer makes any sense, I thining the RV market will benefit from this pandemic. I myself was planning an RV trip and before I pulled the trigger prices for rental at Cruise America mooned (lol a little crypto joke).
What do you guys think
DIA - swing trade setup If we can gap above this entry line I'll be taking a bullish swing trade. Look at all these red candles trapped just waiting to exit.
Dow fails at the 200 line yet againIt needs to convincingly break out of the 200 line to be able to go higher.
DIA - 22.6.2020- WHAT COULD WE EXPECT OF.. Hi, traders.
My name is Lukas and I am a beginner in trading, respectively, I only trade 9 months. But that means I have to do the necessary analyzes without it I can't trade. I want to show you how I work on myself and document my beginnings. I use Vix and my strategy is built on to return to average. I highlight the important support levels and resistances that flow from the volume profile, all drawn on graph. These zones determine the ability to respond in some way to the market from 1 to 3, with 1 being the largest.
Short description of analysis:
We are getting out of the average local volume profile values, so be aware and expect input at $ 250. Of course, this must be confirmed by the volatility index. Keep in mind important fundamentals.Of course, my analysis does not serve like market forecasts and I am not responsible for your trades if you use my analysis for your own trades.
$DIA SECOND WAVE - The COLLAPSE... (BEARISH!)Team,
* TAKE AWAY FROM POST: We're expecting to see
Possible second wave of implosion (DEPENDING ON THE FED'S NEXT MOVE).
Minimum target is 15% in blue.
Welcome back, it's been a while since we last talked, hope all is well.
Let's get right into this, last time we talked we were trying to short the market (SPY around 255$ and got stopped out a little over 260$) and got burned on those trades. Now we're back with another potential shorting point caused by the recent exuberance that I'm sure we've all notice. "A win-win situation, the New Normal, This time it's different", fair enough, this time is indeed different. The FED has come in stronger, faster and bigger than ever before and there is nothing to suggest they won't do the same on this next down turn. To be honest, we've under estimated what the interventions could do and so we'd been struggling trying to understand the current market dynamic with all the Government interventions. It's a learning process, but we will get there eventually. That is why we're only looking a pull back (~15%) for now and will update when things develop some more.
Note: With all the money printing and super low interest rates, it's impossible to not have an inflated market in the next year or two; however, we do believe that there is some significant short term pain before the next legs higher to all time prices.
As always...
***Let's talk about it...***
DOW setting up for long entry Looks like the DOW is setting up for a long entry, there is strong support at 245 where is there a significant gap from a breakout from previous consolidation and the 50dma. Potential inter-day action as low as 237 but expecting daily closes above 50dma. Would be expecting a few tests of this area before reversing, no rush to enter see how it pans out next week.
Bears lost (get over it) the final round.Please do you Due diligence and invest wisely
From my last DIA post I presented the Bears Vs Bull case and pointed out at what level I felt would decide who won the final round. I also pointed out the bull vs bear trap area which played out for many weeks to trap as much bears as possible.
Now I think the market will make new all time highs and every dip in my opinion will be a chance to go long. The fed owns the market and has tipped the scale in favor of the market now the FOMO has begun in retail who will be the ones to push the market to all time highs.
