Get started

Dowjonesindustrialaverage

SDOW: Bullish Dragon and Deep Cypher with PPO ConfirmationThe 3x Inverse ETF of the Dow Jones Industrial Average has formed a Bullish Dragon and has broken free from it at the PCZ of a Bullish Deep Cypher with a Bullish PPO Confirmation Circle. If things go as one would expect, then we will see this ETF pump up to at least the 61.8% Retrace, but given how Bearish so many of the Heaviest Weighted Holdings in the Dow look right now like: MCD , UNH , MSFT , GS , and AAPL , I now think we may even go as high as the 88.6% Retrace.
AMEX:SDOWLong
by RizeSenpai
1
Dow Jones: Spring Fever 🥱Has Dow Jones caught spring fever? At the moment, the index seems to lack the necessary drive to continue expanding wave (i) in blue. However, we expect Dow Jones to pull itself together soon and to summon up enough momentum to make it above the resistance at 35 521 points. The index should not surmount the higher mark at 36 446, though, but finish the current movement and turn downwards again. There is also still a 35% chance that Dow Jones could slip below the support at 28 635 points, heading for a new low in the form of wave iv in magenta.
CBOT_MINI:YM1!
by MarketIntel
Bearish Momentum Ahead. It has been a while since Indices begin with a Heads UP High. The amount of volatility that has been withdrawn from markets due to exchange of securities at average rates will soon get soared when there will be market capitalization of stocks crunch. The volatility will increase as free float market cap will be left really low and whatever stocks trading will occur would make immense changes. Price Capped Indices wouldn't sustain better positions as whatever traders do with stocks ultimately volatility will trap them and prices will run in downtrend.
TVC:DJIShort
by herozerocoinwnprl
Home Depot: Diligent ⚙️As a hard worker, Home Depot has just recently nailed down wave X in green, hitting our green target zone between $282.54 and $260.03. From this low, the share has already started the anticipated ascent and thus should soon reach the resistance line at $347.25. Next, Home Depot should saw through this mark and climb into the gray zone between $360.98 and $402.97 to tape down wave b in gray before turning downwards again. The following descent should then lead the course back below $347.25 and subsequently below the support at $260.03. There is a 37% chance, though, for Home Depot to drop below this level early. In that case, we would assume that the share has last developed waves alt.1 and alt.2 in green instead of waves (A) and (B) in magenta and thus has already finished wave alt.b in gray.
NYSE:HD
by MarketIntel
Dow Jones: Periscope 👀Like a periscope, Dow Jones is craning its neck upwards, watching waves v in orange and (i) in blue unfolding before its eyes. To finish the current movement, the index should climb above the resistance at 35 521 points but ideally stop just short of the next mark at 36 446 points. Wave (ii) in blue should then lead Dow Jones decidedly back below 35 521 points. A 35% chance remains, though, for the index to turn downwards and to drop below the support at 28 635 points. In that case, Dow Jones would develop a new low in the form of wave alt.iv in magenta first before heading upwards again.
CBOT_MINI:YM1!
by MarketIntel
Dow Jones: Bar ExercisesOur athletic Dow Jones! After it has hopped from line to line, all the while finishing not only the overarching downwards movement in the course of wave iv in magenta but also waves (i) and (ii) in blue, the index has continued its fitness training with some bar exercises at the resistance line at 30513 points. We expect it to upswing from this mark, rising into the blue zone between 32567 and 33685 points to complete wave (iii) in blue, before starting a countermovement. However, there is a 45% chance that Dow Jones could lose its grip and drop below the support at 29640 points, thus triggering further descent below the next mark at 28635 points.
CBOT_MINI:YM1!
by MarketIntel
DOW JONES key levels to watch that will determine the trendDow Jones has been trading within the 1D MA200 (orange trend-line) and the 1D MA50 (blue trend-line) for the past 5 days. The rejection from the March 29 High came despite closing above the 1D MA200, on a move that caught the market off guard. So far the price action resembles the blow-off top of January 05, which ended in a violent selling sequence. However this can be invalidated if the 0.382 Fibonacci retracement level (around 34000) holds, which is the new Buy Zone as mentioned on my previous analysis. If it holds, I expect Resistance 1 (35400) and Resistance 2 (35875) to be tested. If not, the January pattern will be confirmed and should test the Higher Lows trend-line of the February 24 bottom. Short-term traders can keep scalping by taking advantage the 1D MA200 - MA50 range for short-term profits. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
U
by TradingShot
Dow Jones Industrial Average Monthly Chart Analysis (30%+ Crash)Here we have the Dow Jones Industrial Average (DJI) on the monthly timeframe. We have some different signals compared to the SPX and NDX but the overall picture is still the same. The market is topping and early bearish signals are starting to develop. In fact, some of these signals are early no more. Looking at the monthly timeframe, the DJI is still trading above EMA10 which tells us that the bulls have the upper hand. This monthly candlestick though is leaning towards the bears, once EMA10 fails as support, the bears are back in front. We have two rising wedge patterns. The first one showed from 2018 to 2020 and was followed by the strongest correction in over a decade, while the second one started in late 2020 until now... The rising wedge pattern is bearish. We are likely to get a bearish confirmation as this monthly candle closes. The MACD has peaked and is now trending lower. The RSI has been printing lower highs for a while now and is becoming weaker. Watch out! The crash can happen fast as it can happen over a period of many months. Do your best to prepare for the long-term. Remember, corrections are a normal part of the market cycles and we tend to become stronger each time one of these shows up. Thank you for your time. Thanks a lot for your continued support. Namaste.
DJ:DJIShort
by AlanSantana