DMT trade ideas
The world needs transportation...These are sort of my levels. Aren't you worried about crude level? I mean... Do you think this will ever recover its shape again? It's just common sense and because this world is moved by money and transportation issues mainly.
How do you imagine this future?
Thanks again!
Dow Transport is the key indicator to check the industrialDow Transport had a rebounded move in recent weeks but is it gonna last? Probability tells me that it would not last. First up, I believe that price may reverse at the 127.2% and should it halt, the next level at 161.8% is the good move!
Dow Jones Transports - bullishSo many conflicting charts throwing up different scenarios going forward but this chart of the Dow Jones Transports is bullish to me with a 5th wave either started already or due soon. I can't count 5 waves down to complete the correction but maybe these days, with all the algos and all that, they have discounted that already are already betting on the uptrend to continue. Decent move off the lows....
4 US Stock Indexes : Touch 1st BottomAfter falling -40% since the beginning of 2020, SPX - DJI - DJT and RUT start to rise.
The story behind why they are rising might be because Investor see the reason why the market is crash at the first place is almost over.
I am not expecting to see those four indexes are rising continuously. At least there will one more fall before we can expect they rise.
Transportations Are looking Too Good... Is A 36% Drop In Store?Dow Jones Transportation have just finished their wave 5 cycles up. Which means we are in store for a larger correction down. There we are looking at retracements to the 0.382 fib at 7800 or a 0.5 fib retracement at 6700.
If transportation were to drop, the SPX and S&P is going to drop too. Transportations has always been a early warning regardless to do that.
Dow Transports -2 opposing countsTake your pick folks.....one count (blue) calling for a wave 5 to follow on from a completing wave 4 correction while the other (red) suggests that party's over and we have begun a protracted correction/decline after the completion of wave 5. I know that EW theorists aren't supposed to pay attention to the news but there sure is a lot of the bad variety around a the moment. If anyone know which is more likely of these two then please let me know.....
DJT HAS HIT A .382 BUT TARGET IS 6880 TO 7050 WAIT.50% THE WORLD OF FIB RELATIONSHIPS AND THE DOW TRANS STILL POINT LOWER TARGETS ARE 7050 TO IDEAL 6880 WAVE A X 1.5 = C ? OR IS IT GOING TO BE 1.618 ODDS SAY NO
A MAJOR LOW IN DJT I AM MOVING TO 100% LONG ON OPEN WE SEEM TO MAY HAVE FORMED THE LOW IN DJT WITH THE 5 WAVE S DOWN FOR WAVE C OF B WE SHOULD NOW SEE A MOVE TO RECORD HIGHS INTO JULY 10 I AM MOVING TO A 100% LONG ON OPEN TODAY
HISTORY AND DOUBLE TOP IN DJT THE CHART POSTED IS THAT OF DJT AND NOW BOTH GAVE A SIGNAL OF DAMAGE TO COME IN THE DEFLATIONARY SPIRAL NOW IN ALL ASSETS .I DID MENTION THIS BACK IN JAN AND FEB 8 TURN WE HAVE JUST STARTED THE NEXT DEPRESSION CYCLE ONE WITH NOWHERE TO HIDE ASSETS BY JULY WE SHOULD SEE NEG RATES OF RETURN AND NEG RATES
๐ง๐ฟ๐ฎ๐ป๐๐ฝ๐ผ๐ฟ๐๐ ๐จ๐ฝ๐ฑ๐ฎ๐๐ฒ: $DJT Daily. Breaking Down200dma broke as has the 2019 uptrend. Huge red flag for markets. May DCB here near 10K
$DJT leading $DJIA by 15 months into an election crash?Dow Theory
DJT leading DJI by 15 months.
1987-style crash bottoms on election day.
Just an idea
$DJT bouncing off big support zone$DJT throwback test to UTL breakout bouncing off 50% fib support, would presume higher prices if it holds structure.
๐ง๐ฟ๐ฎ๐ป๐๐ฝ๐ผ๐ฟ๐๐ ๐จ๐ฝ๐ฑ๐ฎ๐๐ฒ: $DJT Daily. Travel ban comethLosing 200dma support would have big implications
$DJT breaking out of bullish patternDJT breaking out of bullish pattern and testing UTL breakout. Bullish looking chart.
Bear flagbear flag given the current market climate looking for a continuation move this week into OPEX. No position.
