Dow_Jones_Maestro

Dow_Jones_Maestro Updated 

The 21ema on the 4 hour is flat Price is pulling back into the flat 21ema Look for a bullish surge off of the flat 21ema Can be aggressive and enter short on the close of the CPI 4 hour bar at 10am EST with the expectation of no follow through Can be conservative with a sell limit at the 50% mark of the bull surge bar. Targeting the demand candle of January...

Dow_Jones_Maestro

Now that the 200sma is starting to roll over after we had the three push pattern higher AND the false break reversal on Friday, I am looking for a meandering back up into the supply zone for a sell. My only concern is that I don't know what CPI will do. Will it spike up to hit that magical 39,000 number for another false reversal or will it spike down? The 1 Hour...

Dow_Jones_Maestro Updated 

This is my 30 year gameplan on how I will navigate these markets. I believe we are in a Secular Bear Market for the next 3 decades and will consolidate in this range between 2300-5400 price levels. The biggest clue is the rising monthly 200sma as that will be the support areas along with the upper channel with its four trendlines. Two thick outside channel lines...

Dow_Jones_Maestro

I believe this is all she wrote on the rally inside of this monthly bearish rising wedge and that the prevailing downtrend will continue as that is the higher timeframe trend. This rally has been a counter trend rally into the main trend. Volatility will pick back up. First will likely sell off to the 200sma Daily, bounce into the trendline and roll over. Once...

Dow_Jones_Maestro Updated 

On the hourly timeframe, price has been consolidating in the upper 50% of that fat green hammer candle ( Extremely Bullish) The hourly 21ema is trending higher ( Bullish ) 1 full range expansion of that consolidation will be 5050.00 Any close above or a limit at the breakout should be ok. Drilling down to the 5 minute for a finessed entry will be the trick...

Dow_Jones_Maestro

Zoomed in closely on the Daily chart, price is now on its final third push higher into MAJOR,MAJOR Channel resistance with not very much room left to go. I have been saying February 13th as the top and so far it is playing out nicely. I am already short at 38,760 since the near close of yesterday. I am a bit early but not by much. I decided to go with it since I...

Dow_Jones_Maestro Updated 

I don't know what will happen Friday but to me, it looks like it might open up bearish into the rising 21ema only for it to bounce back and rip higher. It seems like a good target will be the top of the channel at around 39,080 This is the hourly chart. On the 5 minute chart, the 200sma is the 1 hour 21ema, so any pullbacks into the 200sma I will be looking to...

Dow_Jones_Maestro Updated 

To me it looks like Friday was the top. Monday sold aggressively down, followed by Tuesday a consolidation near the base/lows and a pullback to the 50% mark. This up channel is looking to break soon. I have market two green lines. The first one is the entry short using the daily timeframe. If price eliminates this green daily candle. The second one is my...

Dow_Jones_Maestro Updated 

Still sticking with the bullish trend on the short term ( 1 Hour ), I will be waiting for pullbacks into my support zones of 1 & 2 areas. The 1 hour's 200sma is flat which tells me range. Whether price works the low or the high first is key. My stops are always 40 ticks and targets are 85 ticks. Last week I only took 3 trades. 2 winners and 1 loser....

Dow_Jones_Maestro

I am expecting another 7 trading days of bullishness to reach its measured move of 39,275 area. Price is bumping its head up above the 3-month chart's trend channel in this new secular bear market. This whole rally was a bearish rising wedge on the monthly chart. Before it can rally the whole 100% like I expect in 2026, it needs order flow and the slight...

Dow_Jones_Maestro Updated 

Using my strategy of the 21ema and the 200sma on the Quarterly Chart (3 Months per candle) The 21ema is starting to flatten out = Range The 200sma is rising = Bullish Long Term Trend This entire Secular Bear Market is a giant 20,000 point range with highs and lows on both sides. The market needs time to cool off after having a near 20 year bull run. After...

Dow_Jones_Maestro Updated 

Now that January monthly candle has closed, I am awaiting an engulfment candle. I will place a limit order sell under the low of the green body of January at 37,775 with my target down at 21,600 with the intent of adding more on the way down. I am planning on a 37% sell off and have been a broken record on this for months because I firmly believe this is the set...

Dow_Jones_Maestro Updated 

The final push up in this spike and channel pattern. I don't know when it will resume the up move and from where. I also don't know what the top will be. I will trade the bearish break of this pattern. There is about 1000 points left to the upside. I got in too early back on the 18th and will wait until it gets up to my levels. Short Term Bullish until...

Dow_Jones_Maestro Updated 

What I am seeing is a bull flag in a sideways range. It poked above and failed. Most likely pulling back into the half way point. Pulling back getting ready for the FOMC next Wednesday for a, more than likely, bullish FOMC. I believe we have one final push up before the 37% sell off down to 23,000. I am currently short, notated by the orange line. I admit I got...

Dow_Jones_Maestro Updated 

My personal gameplan on how I am tackling these sideways choppy markets. First, I will sell this 37% sell off that is about to occur February 20th Second, I will buy for the explosive short squeeze 60%, wait for the dip and buy off the rising wedge bottom for another 12,000 points Third, I will sell the upcoming 49% sell off on year 2029. Finally, the bottom...

Dow_Jones_Maestro Updated 

This is going to be a repeat of my prior post as I now have more up to date information on the 37% dump that is around the corner. It will be hard for me to thouroughly explain what it is that I am personally seeing but I will try. First off, I am basing this entire thesis on 1969 as price action is lining up near identical. I first noticed this back in...

Dow_Jones_Maestro Updated 

Using the monthly chart, the start of the 2024 bear market is here. Using strictly technicals I will give my reasonings. All of my analysis is based on the 1962 Set Up Identical to today in 2024 Starting with 1962 1. A 28% drop into a rising weekly 200sma 2. A then subsequent 88% rally 3. After said rally, a then, 25% bear market/ pullback into the...