As I posted earlier about DJI30. It’s now tested 39000 multiple times and looks extremely weak. A break of this will accelerate a sell off. Look at my previous posts for major levels. THIS IS NOT FINANCIAL ADVICE.
Pair : Dow Jones - DJI Description : Bearish Channel as an Corrective Pattern in Short Time Frame RSI - Divergence Break of Structure Completed " 123 " Impulsive Waves Support Level
Pair : DJI - Dow Jones Description : Bullish Channel as an Corrective Pattern in Short Time Frame Break of Structure RSI - Divergence Completed " 12 " Impulsive Waves
Nasdaq has been on a steady rise in price and the most recent pull back that touched 50/618% Fib region is except and would likely in the coming month take the stock price to 16800 dollar bench mark According to DANCOLNATION CAPITAL TRADING STRATEGY, We shall on the SWING perceptive join the trend after a retest to this most recent break out level to take an...
Fundamental Analysis: As we can see the Index has shown a very strong come back after the Covid-19 pandemic of March 2021 which caused the market to fall and create a panic to the world. Since then there are lots of changes to the world and the way companies are operating, such as releasing of their premises and offices as they should have discharge lots of...
Pair : Dow Jones ( DJI - US30 ) Description : Bullish Channel as an Corrective Pattern in Long Time Frame Impulse Correction Completed " abc " Corrective Wave Resistance Level Divergence - RSI
Pair : DOW JONES ( US30 - DJI ) Description : Bullish Channel as an Corrective Pattern in Short Time Frame Divergence Exp FIAT Break of Structure Falling Wedge in STF with the Breakout of UTL Completed " ABC " Corrective Wave and " 12 " Impulsive Wave
Getting close to the perfect touchdown target! #NDX and #SPX have been in consolidation mode since Mar 31st. No need to be always in trade; cash is a position too!
Hi there, Short note from me - This week could be crucial for the next quarter especcialy we have 3 decisions about interest rates: FED, ECB and BOE. But today i want to show you potential bearish bat harmonic pattern what I found on DJI30, which means we are going to test some lower price levels. My scenario for FED on wednesday: - rise interest rate by 50 bps...
US stock indexes might not finish the week with healthy gains so this my forecast for Dow jones So yesterday the price has reached Supply Area So I think we will have huge drop from this level
I think this week everything against dollar will go up until next week and after fed interest rate they will dump it
We saw on Thursday the market broke the structure and on Friday went for a retracement so I think we have a nice buy entry between 29400 - 29100 price it might go lower than that for stop loss hunt aka sell side liquidity smart money is Going to fill their bags at 30900-31200 levels.
we can spot a falling wedge pattern that is very close to a breakout also very well respected and this provides a great opportunity for a long position! but don't forget we have Consumer Price Index after 1 hr from now which is a key way to measure changes in purchasing trends and inflation. if its less than Forecast then we will see Nasdaq, Dow and Gold will move...
Trade Idea: Selling US30 Reasoning: Selling the weakest of the US indices Entry Level: 29352 Take Profit Level: 28585 Stop Loss: 29675 Risk/Reward: 2.37:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis...
150pip SL, targeting 1:3RR. Trading 15min RSi Divergence here as entry.
US30 has entered into a Daily Supply level all while giving us a very nice 15min RSI Div setup for our entry. I will look to short here and take it to previous lows. The stop loss is 450pips and i am shooting for a 1:3RR.
15min RSI Setup, will be a banger! We are also inside a nice 1H Demand that should see some reaction.