Dia M30 Watch S and RS= 19825
R=19890 monitor STo and Macd Red closely for down continuation, watch SL for up breakout
do not rush the short , wait for confirmation
DIA trade ideas
(DOW) Forming A High Probable TriangleDOW has been in sideways consolidation mode since making a swing high of 18363 during May 2015.
From an Elliot Wave perspective, the consolidation appears in a form of a Contracting Triangle .
Subways of a Triangle appear in the 3-waves as depicted in the a-b-c labels.
Wave c of D appears to be completed and is now forming Wave a of E.
When Wave E completes its a-b-c 3-wave structure, we can expect a very sizable upside exceeding 18363 to all time highs.
More updates to come as the sub wave progresses..
Dia M30 Watch break hold below Ema 89 Dia leadsMdy also chop below Ema89 2 days ago , now wait for all 4 indexes to roll down with Iwm leading = confirm downside
DIA For Red Fridayhighly leveraged industrial sectors are starting to drag. 195.5-196.6 lead me to believe support can first be found there, then 192.
Quiet Periods & Earnings Release Zones for DIA Dow Jones InduUsing the DJIA exchange traded portfolio $DIA, I am graphing the generalized 2-week quiet period in BRIGHT GREEN and the bulk majority of the earnings release dates in BRIGHT YELLOW so you can see when the market is discounting important, new information and when it has NO INFORMATION about new fundamentals.
If I could grab all institutional upgrades and graph them in a meaningful way I would. But for now, this gives you a much more LOGICAL VIEW of the DJIA Index as it relates to important time windows.
The quiet period is 2-weeks for each company, so the "quiet period" as graphed is not entirely perfect by any means, but it is instructional that you have to be able to understand what is going on in the market and this is a nice way to "see" more information.
Cheers,
Tim West
2AM EST, Oct 25, 2016
DIA - DailyJust realized I never posted this one. I had these annotations on since mid-summer. Should have taken a trade here...
But I'm agnostic at the moment, so take it for what its worth.
DOW highs close to in?100% ext from 2009 low
38% ext from the break of the triangle
are we getting close to a high here?
DIA: Preliminary Supply Possibility (Daily)Idea for day trading only. Look for signal confirmations at smaller time frames.
DIA: My Map for Next Week Day Trading (4 Hr)This is a general outline. I'll build my tactics around the pivots if DIA starts retracing early next week.
192-200$ the next weekly resistance zone for the DowThe elections result sent DIA back above 182$ and triggered a false break scenario that eventually drove DIA to new record high.
DIA is approaching a weekly resistance zone that starts with the completion zone of a bearish Butterfly pattern.
The other resisting elements are the two trend lines shown at the chart.
192-200 is a weekly resistance zone and with a stop loss above 200$ you can still get about 1:1 R/R as you can see.
Read more and get more trading ideas in this week's newsletters (link in signature)
DOW JONES a keen lookI just came across this. A probable retest can happen. Watch the break of trend-line for validity.
