Normally, I keep my trading and analyses to crypto, but this Dow Jones setup looks too good to ignore. Factoring in all of the bearish signs from fundamental analysis (rising interest rates, rising unemployment, slumping retail sales, and gov't shutdown), it's tough to argue that the stock market will break the previous high.
Triple top formation is possible. I'm...
Normally, I keep my trading and analyses to crypto, but this Dow Jones setup looks too good to ignore. Factoring in all of the bearish signs from fundamental analysis (rising interest rates, rising unemployment, slumping retail sales, and gov't shutdown), it's tough to argue that the stock market will break the previous high, especially considering the bearish...
In the late 1937 after the great depression huge money printing have happened in order to stimulate the economy... Many successful investors and portfolio managers have mentioned that we have been in the last cycle of the business cycle ! According to one of the most successful money managers Ray Dalio we have been in a similar perdion as the late 30s period....
Following from the smaller scale charts posted previously, weekly scale shows 2 triangles in action from outside bars. Missed the smaller scale one which perfectly tagged the recent low but i've done some more studying and almost completed the strat course, so my eye is sharpening every day. Larger scale triangle still has lower edge to tag, as previously...
these levels on the daily chart i have drawn out are levels i have across the dow30/nasdaq/us500 indexes. with price where its at now,
short term income day trades and swing positions are available at these locations.
If we do break higher then i will be bullish till we hit our next supply levels at 2888 area and 2925 area
The chart for the Dow Jones (DJI) is basically the same one as the S&P 500 (SPX). So needless to say, this one will crash as well.
My long term analysis for DJI is still valid, you can see it here:
This new crash that is incoming is just an extension of the...
Back in October 2018 I shared a chart for SPX mentioning that it would crash, the signals were pretty straight forward and I was surprised to see how easy it is to predict movements of these conventional assets.
The crash followed as predicted. You can see it here:
Now, I am...
Apple Inc. (APPL) and basically, most of the conventional market will crash really soon (according to the signals and patterns that I seeing coming from the charts).
This is a friendly warning to all of my amazing supporters.
(I LOVE YOU... THANKS A LOT FOR YOUR CONTINUED SUPPORT)
It will be interesting to see what effect this has on cryptocurrency.
The Dow Jones Industrial Average (DJI) is preparing for a huge drop, according to the chart above, let's take a quick look.
On the chart:
We can see that a new high was created on the 3rd October, which was quickly followed by a strong drop. Even though the Dow Jones created a new high, the MACD and RSI are going down, this is bearish divergence and a very...
Retail Sales posted abysmal numbers
National Emergency declared
S&P500 due for a reversal
China U.S relations worst in recent memory with the arrest of Huawei CFO
U.S. industrial production fell in January for the first time in eight months
Something has to give. I'm using some intuition with this trade, just have a good feeling about it, especially considering...
Make it stop!
I hear voices in my head, telling me to sell.
This has gone too far.
Thanks for Hipster_Trader (stock market twitter person) for helping grouping those up.
Right now the Dow is at 25250 points, and this time again markets are rallying on trade hopes. You know what that means ;)
Also, quit wasting time on technical analysis signals that have been...
Strong uptrend, another green brick in the process of being added too. Why would you short something that looks like that? Refer to Renko charts every few days and after good sized moves to keep you on the straight and narrow.
Look at the gains you would have made by going long on the first sight of a red or green brick....
a rare confluence of various but precise factors (the list being kept secret) brought me to the conclusion that :
SPX will drop today directly to ~2670 levels
mark my words ^^
should make a lot of damage among bulls on the market but this is at the end of the day the very true purpose of the market : inflict pain ! this is why this move will just simply occur.
I am very hesitant re; sharing this idea. I do hope by putting this out there, I will gain valuable feedbacks & perspectives that I otherwise would not have had.
I am fully aware that this is a bold statement to make: we have a recession coming up soon. In fact, I think the recession has already begun.
This is a 2 week chart of DJI. It is...
Watching for the short. RSI and the pivot points are the key indicators that stick out to me. They arrested the CFO of Huawei, one of the biggest telecom companies in the world. Not a minor event. May seem like old news to us, but in China, it's still fresh in their memory. I don't expect these trade talks to go well.
Most probably we have seen a major historical top of
the Dow at 27000 area.From this top and for years to
come the trend may set down to below 10000.
Only smashing and sustain trading above the all time top
for few weeks change the scenario and the
market may resume the historical uptrend.