Dow_Jones_Maestro

Dow_Jones_Maestro Updated 

Price this week has been in line with a continuation of the breakout of the Bull Flag. The measured move target minimum is 6600.00 This move is just getting started and I will be looking for bounces all day off the rising weekly 21ema My ultimate target is 11,000 at year 2035. This bull trend is very clean with its bounces off a rising weekly 200sma. There...

Dow_Jones_Maestro

Just following the bull trend of higher highs and higher lows. Right now it looks like another consolidation near support and a higher low from Feb 21st I think 40,000 is where the market wants to go and will just keep buying the dips.

Dow_Jones_Maestro

We are currently in Secular Bull 4 from 2009-2035, year 15 of 26 Once at the top of the channel at 115,000 a secular bear cycle will commence, going sideways At 2052ish, Secular Bull 5 will start for another 26 year bull run to 850,000. I won't be alive to witness 850,000 I can see clearly now the market structure as before I was bearish and wrong. I have...

Dow_Jones_Maestro Updated 

Set up is pulling back to a rising daily 21ema, when green takes out red, buy limit. That would be 39,044. The weekly 21ema is pointing straight up, indicating higher prices projected. So far this week has been a slow and steady pullback, a resting bar. Short term target is 40,000 minimum Long term target is 115,000 in 2035 Demographics tells me that...

Dow_Jones_Maestro Updated 

With the weekly 21ema pointing straight up, I am looking for pullbacks for another higher low buy opportunity. One range expansion of the 2022 high/low will put it at 45,000 as the bare minimum target. I have a target area of 95,000-115,000 in the year 2035. I believe price should stay above its rising quarterly 21ema for the remainder of the bull run higher...

Dow_Jones_Maestro

Overlapping the Dot Com Bull Run with today's bull run, you can see we have quite a bit of upside left. That will take it to the top of the channel at around Dow Jones 115,000 at around 2033-2036 time frame with the last bit going parabolic. I will wonder what will be in store for the next Secular Bear Correction at the top of the channel. I will worry about...

Dow_Jones_Maestro Updated 

After two weeks of consolidation at a rising weekly 21ema, last week's weekly candle broke and closed above both. I don't really see any pullbacks coming soon. First target is of course 40,000 but I plan on holding for awhile as I believe this move just got started. I can see 50,000 in the future as well.

Dow_Jones_Maestro Updated 

I believe after reviewing all the evidence that we still have over 11 years of bull run left to go with a price target of 15,500 by 2035. It looks like we are half way through the bull cycle. In a bull run, the moving averages fan out and start trending off the 21 and 50. I will be shifting my focus on buying and stop with the market crashes as I thought. I was...

Dow_Jones_Maestro Updated 

After looking over the log chart again, I have realized that each bull run has roughly 1200% of upside before a correction or Secular Bear Market. We have had 3 completed bull cycles and 3 completed bear cycles so far and are currently in the middle of bull cycle 4. If the 1200% bull run cycle is to continue, we are roughly 60% the way there. That would take...

Dow_Jones_Maestro Updated 

A log chart of the entire Dow Jones history and it's entire bull and bear cycles. Currently we are at the top of the channel for now the third time I think we are going to drift sideways for the next 46 years just like at the beginning in order to get back down to the lower end of the up channel. I don't know how long price can stay bumping up against the top...

Dow_Jones_Maestro Updated 

Today closed at the end of the session with a bearish engulfment and a pin bar wicking into the top 50% of said engulfment. I am seeing the 21ema start to flatten out and possibly roll over with massive space between the 21ema and the 200sma. Friday I think will be a choppy/range with a slight bullish tint to maybe take out Thursday's high and make another hit...

Dow_Jones_Maestro Updated 

After finding this channel to my liking, I also noticed that today it closed at exactly the price needed to complete a measured move. Two range expansions will put it at $822 I have no clue what it will do, just observations. I don't trade NVDA. I just know that parabolic moves are not sustainable and no matter how far it goes up in a straight line, it must...

Dow_Jones_Maestro

Just experimenting with the angle of the 21ema and the likely move out of it. I have seen about 4 different angles and 4 different bull moves Strong Explosive Moves with 70-75 degrees Decent Moves with 60-65 degrees Grindy and choppy up moves with about 45 degrees Most likely a pullback with 10-25 degrees

Dow_Jones_Maestro Updated 

Inside the daily rising wedge, price is making a final hurrah before it will roll over. I have marked with the blue line as the important 0.85 fib retracement level and I expect price to have difficulty around this area. NY will open with a sizeable gap from yesterday and I believe it will be a range type day

Dow_Jones_Maestro Updated 

This post is for my own personal recollection of how I want to short this upcoming downtrend. I won't be able to remember the exact details 2 years from now. I want to short it down to the rising monthly 200sma and the 50% fib level from the Covid crash's high/low AND the head's high/low 1.25x range. Price level 24,000 I want to short with the fat portion of my...

Dow_Jones_Maestro Updated 

I just now noticed that from 2017 to 2020, that it is a miniature version of what is happening on the long term trend. This same pattern played out back in 1962-1980 The mini version of 2017-2020 is the same as 2020-2035 Compare it to this mini

Dow_Jones_Maestro Updated 

Now that the top is in, the Daily 200sma will start to roll over and start a downward trend. The left shoulder is complete The head is complete Now we are waiting for the right shoulder to form and to complete with the neckline I am expecting the right shoulder to rally back up to the 0.85 fib level and fail. My target is the 1.25 times range expansion at...

Dow_Jones_Maestro

After the violent spike down into the 200sma ( Bearish ), the 21ema is now in charge. It is declining so that means to pay attention to only bearish candles as the new trend is down. Any and all bullish candles are to be ignored. The gap between the bodies of the candles and the 200sma tells me they are to return. If price stays in the lower 0.33% or lower...