Dow_Jones_Maestro

Dow_Jones_Maestro Updated 

I have entered in short at 39,281 in the anticipation back down to the rising green trendline and the weekly open price as a counter trend trade. I placed a 50 tick stop at 39,331 My target is 250 ticks at 39,031 for 5 to 1 Now to let the trade unfold. If it works great, if not who cares. Part of trading.

Dow_Jones_Maestro Updated 

Setting up my key levels for the current weekly template I will be expecting a range week as it is inside of a bear flag. Two levels that jump out at me are Last Week's Low and the middle of the range line at the bottom yellow box. I will be using those as targets. I think the 12's CPI was the last lower high and this week will make another lower high and new...

Dow_Jones_Maestro

12 Month Price is very strong, much stronger than the Dow. From here, there will be no more deep pullbacks, only sideways drifting. You can literally buy the all time highs at 5,400 and hold until 17,500 3 Month Price will be contained within a slow drift higher until late 2027 until it catches back up with the trendline. It will then accelerate higher,...

Dow_Jones_Maestro

12 month Chart On a measured move to hit 150,000 in this current Bull Secular Trend 3 Month Chart Trendline for each bull cycle holds well 1987 = 2019 covid crash. The same area in the bull cycle followed by a break to new highs, a pullback and a grind higher. We are in the grind higher, awaiting the accelerated trend to start Monthly Chart Price is...

Dow_Jones_Maestro

Price is oscillating around 2024's open price and is currently forming a bear flag to break down and start the pendulum swing on the other side of the open. This is where I will be looking to start scaling in my Long position for the next 15 years. After it touches down there at 37,000 it will never come back. That will be the prime time to buy. After it...

Dow_Jones_Maestro Updated 

I have put together what I believe is the correct market forecast for the remainder of this Secular Bull Trend. Currently, today, June 2024, we are in the middle of a monthly pullback/consolidation. I have marked the low, that I believe will hold, with the grey box at price level 35,100-35,900. Once broken out of the bull flag, price should shoot up to 44,000...

Dow_Jones_Maestro Updated 

After going over the Log chart of the monthly on Dow Jones, I have noticed some eerily patterns. Each bull run at the low after the bear market from the next high of the next bear market has ALL been exactly 396 months each. Each bull run has also been about a 2,200% gain from its low. Using just these two data points projected, I have gotten 154,000 as the...

Dow_Jones_Maestro

I am still trying to perfect my day trading strategy and am making this post for me to better understand all the moving parts of what it is I am trying to accomplish. I will use three time frames Weekly (Major Trend Direction) 4 Hour (Structure/Key Levels) 15 Minute (Lower Time Frame Entry) On the weekly time frame, I will mark January 1st 2024 to December 31st...

Dow_Jones_Maestro Updated 

I am looking at a down weekly candle/template or perhaps a bearish doji weekly candle. I set my limit sell on that wick above the 09:45 EST 15 min candle with a 50 tick stop and a 150 tick target for a 3:1 I am not interested in the middle of the range as that is where price is bouncing from I see ramped volume on Tuesday with the low of Tuesday suspended...

Dow_Jones_Maestro Updated 

I made a post yesterday about the rest of 2024 and I have more updated information. This is what I will be playing going forward. A buy set up in a spike and channel with the target of 42,000 by year end. The teal line is the open of the 2024 yearly candle Prices below the teal line is the bottom wick There will be one more lower high and another pullback into...

Dow_Jones_Maestro Updated 

Last year in 2023, price was bouncing around the yearly candle's open and eventually blasted higher to form a bull expansion candle. The high to low of the entire year was 6,360 ticks and 20.24%. From the open of the year to the close, it was 4,566 ticks and a 13.77% gain. This year in 2024, now that it is about half way through the yearly candle, is looking like...

Dow_Jones_Maestro Updated 

There is a lot to take in on this chart. How do I start to explain what it is that I am seeing? The dark green line is the monthly major movement and the black path line is the 4 hour movement in between that major movements. Price is being contained inside of a MAJOR bull flag pattern that will take MONTHS to resolve itself. Using the concept of thirds of...

Dow_Jones_Maestro Updated 

This is what I am somewhat looking for and how I plan on trading the market. I don't know if it will play out like I imagine it but to me, this is what makes the most sense. In order for the next monster move higher, we are going to need to pull back a bit more. April 19th's low can not be the low yet. It just doesn't make any sense.

Dow_Jones_Maestro Updated 

Monday has just shown its hand to me on what the week will bring. This week will be a bullish expansion candle. Whether or not it will be a small, medium or large is still up in the air. The average weekly candle's range is 900 ticks. I believe that Monday is the low and will be bullish all week. This pattern right here on a Monday is the textbook play of a...

Dow_Jones_Maestro Updated 

Now that Monday has printed, the weekly template that it has revealed is a bullish expansion week and Monday is the low of the week. I just now entered in market order at 5324.00 with a 6 point stop down at 5318.00 and a target at 5364.00 for 40 points or 6.6:1 I don't believe price will be returning back below the Low of Week, if it holds. Please see my prior...

Dow_Jones_Maestro Updated 

Going through this set of data since late 2021 or 140 weekly candles, I have discovered that an astounding number of weeks are of the Doji type ( 1 Out of 3 ) My previous post was about pin hammer bars and they represent 17% of all weekly candles. Between dojis and pin hammers, that is equal to 50% of all weekly candles. The other 50% of candles represent...

Dow_Jones_Maestro Updated 

The following template for a bull hammer weekly candle is as follows. Monday goes sideways. Mark off the high and low of Monday Tuesday is a complete down day Wednesday and Thursday form the mid week reversal Thursday and Friday close out the week at the highs Another thing I have noticed is that this type of weekly candle happened only 16 times...

Dow_Jones_Maestro

I am looking for the next sell off after a slight pullback up into the 39.5k area The ramped volume will be the fuel to take it lower. Last week was a bearish engulfing and will likely see more selling pressure This can be a 10:1 opportunity 100 tick stop 1000 tick target