DJT morning analysisTechnical analysis of DJT.
My current count has price in wave ((3)) of v, with bullish action likely for next few months/years.
Valid for price above 14547.90.
$DJT is almost ready to break above the LT bull flagLat week NASDAQ:DJT approached again to a long-term upside resistance bull flag line 15800 level. A break above this level will lead to a strong bull market continuation and this is also bullish for all the Indices and US stocks market as well.
A comparison of indicesThis analysis compares NDX, SPX, Dow Jones Transportation Index, and NYSE Index.
This analysis assumes that the indices are highly correlated and at similar points in their larger Elliott Wave structures.
This assessment views NDX, DJT, and NYA data as the primary wave 5 of SPX, whose data goes ba
Dow Jones Transportation Index Average, Big PictureMy current count has a leading diagonal (A) or (1) from 18246.51 to 11946.21, corrective wave (B) or (2) up to 16717.04, wave 1 of (C) or (3) down to 13471.47, and wave 2 of (C) or (3) up to 16273.
I'm looking for DJT to roll over and go after the median line of the pitchfork. If this were to happe
Distribution on DJTSeeing distribution on Dow Jones Transportation index on monthly chart.
Dow Jones Transportation Index is going down.
An Overbought RSI Can Stay OverboughtAs seen, the DJT stayed overbought for a long time, in a "stepping stone" kind of move. On the other hand, if FDX knocks this down enough today, it could be a good sell-signal for other indexes.
Impact Analysis: Major Events and Their InfluenceI've conducted extensive research on various impactful events such as interest rate cuts, hikes, U.S. elections, major recessions, pandemics, and more, compiling the data into a comprehensive chart. While additional information like major conflicts and wars could be included, the chart already provi
DJT - transports are not looking goodDJ:DJT Transports are getting killed. August was a significant change in trend. A test of the light blue area is possible and could like up with early Nov with mid Dec as possible rebound if the time zones remain relevant.
Dow Jones Transporatation and S&P 500, risk-on alertDow Jones Transporatation and S&P 500, risk-on alert,
watch closely 14100 and 4180 for potential start of bleeding.
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Displays a symbol's price movements over previous years to identify recurring trends.
