History and Introduction Everyone in the market today remembers broadly the financial response to C19. It We see it every time that we look at the price chart and we see the spike down and the V recovery. What a lot of people may not remember is the investigation into SoftBank for essentially causing a short squeeze by use of call options and gamma hedging. ...
Entry : 33165 SL : 33000 TP : 34000 RRR : 1/5 Every trade has risk!! So please set SL with your own caution and always follow my orders at Tradingview !! Support Broker with me in the Bio section
Dow Jones is volatile on the 4H timeframe (RSI = 37.485, MACD = -170.620, ADX = 29.943) after almost testing the S1 level (32,813) yesterday but following a 4H MACD Bullish Cross formation, it is a low risk buy opportunity. The rejection of the previous rise took place on the 4H MA200, so that is our target again. Buy and TP = 33,700. ## If you like our free...
The Dow Jones is trading in a downward direction, approaching a demand area, and upon arrival, the harmonic (penny) pattern will be completed, and we will open a buy deal upon the appearance of a Price Action candle.
Macro Monday 17 The Dow Theory Confirms Bear Market Today’s post may be thee most important Macro Monday of 2023 as it may be a key moment where we received technical confirmation of a change to a bear trend. What’s Got Me Rustled? Manuel Blay, the lead economist and editor from the Dow Theory has recently confirmed an S&P500 bear trend change to his...
Inverse Head & Shoulder Pattern on TVC:DJI is dissipating FAST. (This pattern helps with bottoms) 🚨🚨🚨 It is GONE for CBOE:SPX , in fact, DANGER!!! TVC:NDQ about to test support again. Could it be a double bottom or will it break through? AGAIN, we stopped being on the BULL train in late Sept. RISK is HIGH!!! VERY HIGH!!!
Dear Colleagues, I assume that the price will make a wave 2 correction to the area of 50%-61.8% Fibonacci levels 33337.94. In general, I assume that the price will rise after the correction. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
GOOD MORNING! #interestrates look like they want to slow down a bit, short term top. We see the 10Y & 30Y pulling back a bit... But this is better seen intraday. We'll see how that unfolds... IF IT DOES, it could cause a sharp rise in #Stocks. Coincidentally, DJ:DJI @ support & TVC:NDQ is near a major support. TVC:TNX AMEX:DIA NASDAQ:QQQ
Entry : 33780 SL : 33600 TP : 34600 RRR : 1/4.5 Every trade has risk!! So please set SL with your own caution and always follow my orders at Tradingview !! Support Broker with me in the Bio section
Dow Jones is on a range with the 1H timeframe neutral (RSI = 46.672, MACD = -41.790, ADX = 29.739), giving us an opportunity to buy the decline of the last three days and target the 1D MA50 (TP = 34,000). Technically this consolidation, even on 1D RSI structure which is inside a Rectangle, mimics early September. The medium term trend remains bearish inside a...
Dow Jones (DJI) has completed an Inverse Head and Shoulders (IH&S) pattern and this week's pull-back, caused by a rejection on the 4H MA200 (orange trend-line), may be the last before it starts rising to a new Higher High. We are taking this opportunity to buy for the short-term and target the top of the dashed Channel at 34200. The IH&S can complete its long-term...
DJ:DJI is struggling here a bit but it looks okay, so far. SP:SPX is in the same boat. TVC:NDQ has been weaker recently but it moved the most out of the indices. But look at this! TVC:RUT is shinning nicely today! Looks like it wants to base here & maybe even move higher! AMEX:DIA AMEX:SPY NASDAQ:QQQ AMEX:IWM #stocks
Dow Jones is testing the MA200 (4h) today, after holding the MA50 (4h), extending the rebound that was generated at the bottom of the Channel Up. This is so far replicating to a good extend, the March 15th rebound-bullish leg. Trading Plan: 1. Buy on the MA200 (4h) break out. Targets: 1. 34850 (Falling Resistance). Tips: 1. The MACD On the (1d) time frame is...
Dow Jones index futures has completed head & shoulders bottom formation and is exhibiting a breakout from the resistance zone on the 4h time frame. If the breakout is successful, we can expect the price to hit the previous support/resistance zone of 34800.
#stocks went from basing & curling higher to topping and rolling over. DJ:DJI had 5 green candle days. It turned to 3 red days. TVC:NDQ bounced nicely but it reversed the hardest and FAST. CBOE:SPX is in between both indices, CBOE:VIX had a GOOD day. WARNING!!! The more it hangs around here the MORE DANGER equities are in. Have a great week!!!
💡 Pattern: Cup & Handle 💡 RSI: Neutral 💡 Risk: Low ✅ Resistance: 34200 ✅ Support: 32800 PERFORMANCE 🔴 ST: NEGATIVE 🔴 MT: NEGATIVE 🟡 LT: HOLD *ST: Short-term | MT: Mid-term | LT: Long-term Verify it first and believe later. WavePoint ❤️
Dow Jones on the 3M chart gives you the clearest picture you can get. Every 10-15 years it consolidates inside a Megaphone (fundamental reasons like war, recession etc) and then an expansion phase follows. In the 90s this expansion phase was extended due to the uprecedented boom of Dotcom. While the index is on its expansion phase, the RSI trades inside a...
Dow Jones (DJI) is printing on its RSI on the 1W time-frame an astonishingly symmetric Higher Lows pattern as 2015/ 2016. As with today, the price was within a Rising Wedge at the time, making a fake-out bearish break but still was emphatically supported by the lower Bollinger. In fact the Bollinger Bands have been instrumental in containing the price action. It...