Continuation of DJI Analysis - 4 HR chart. A study into Elliot Wave Theory. I'm expecting the next leg to move to the downside. Feedback welcomed. NOTE: Not financial advice.
HELLO EVERYONE HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE, READY FOR THE MARKET THIS WEEK, HERE'S A LOOK AT THE DJI INDEX FROM THE MONTHLY CHART. IF THIS IDEA ASSISTS IN ANY OR IF YOU LIKE THIS ONE SMASH THAT LIKE BUTTON & LEAVE A COMMENT. ALWAYS...
I am OUT. This is getting crazy and I am pretty gosh darn confident in this count!! The RSI readings match the wave count as well. Red Box = retest of the momentum resistance, indicative of a wave 5. Yellow boxes = I zoomed into just that final wave 5 we've been in for 12+ years and it has retested 3 times! I'm seriously creeped out. *My theory is that once the...
As the ol' southern colloquialism would have it: "Darn theng (The Dow) is fixin' to be done foh, rat cheer, right about naw!"... And this where the Long March (to < 9999) bound to start, rather sooner than later. (There is also a perfect Fib. Time Cycle lurking in the background. - Look closely!) If one is afraid to Short the index outright, no problem! - You're...
5th wave has still some room to go up as usually it's as long as 1st wave. Fib Extn for this wave from bottom of 1st wave to top of 3rd and extending it to 4th (bottom): -------------------------- - We are now at 0.236 Fib Extension $34,550, 0.382 is around ~$35,090, 0.5 is at ~$35,500, 0.618 around $35,958 Good Luck!
LTF Analysis on the Dow Closing in on the Apex so a break to the upside or downside is Iminent. See chart for trade setup if you take it .. Ensure to know your Invalidation and use a SL If you like my work then Follow , Like , share or comment .Much appreciated
... And that's without even the currency differential factored in! (... which should add an additional +8%-13% to the down-side.) This spread currently sits right at the Quarterly Pivot. As it stands, under even the most unlikely circumstances (worst case scenario) this spread, the Short DJIA / Long Nikkei225 , is a 4.5:1 R/R trade. A trade that anyone should...
OK, so this I had mapped out quite a while ago but despite my general agreement with the widely circulated May 24, 2021 Dooms Day predictions (in as much as a likely date around which the music will stop ), this (chart)setup was still missing it's trigger . - Until last Friday, that is. That last 15 minutes of trading on Friday, March, 26., 2021 was no ordinary...
The Title Chart is the DJIA/Nikkei225 - the best of them all. Here are the rest; This one is not very representative since it reflects the weakness in the Pound. Still, it is a country-mile better deal than holding the Dow (Long). Well, you get the idea as the rest of the worldwide indexes reflect the same story, across the board. (With the Asian Indexes...
Well, at least for a generation - or two. The long term Dow Jones Industrial Average:
Just like the man of steel, the Dow Jones dominates the index landscape and pushes for another bullish run. After the turbulent the past weeks, it was finally able to set itself free and performed strongly after missing our target box by just 12 points. Next, we expect the Dow Jones to rise around 33464 points, after which we expect a correction to set in. Stay...
Plan: resistance level breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent...
The DJI is now contained in a channel up to resitance around 37,000. I was watching Romeo and Juliet and the above quote hit me like a brick wall. The crash from 40,000 will be something to behold.
Good day to all As you can see I just try to make it easy for you I already made all the explanation on chart so if you like this idea and you prefer it better than explaining in description box here Let me know so I can do it always Hope you a nice day
I am short the entire market. What I was just told by a high level politician is earth shattering and biblical. The USA Corp. is bankrupt. The previous president signed a new Declaration of Independence on July 4, 2020. Check his wife's Twitter posts. The United States is now running under the original 1776 Constitution and everything that has happened by...
As we can see rising wedge so we are expecting retest of uper trendline then a big fall and then recovery.
$DJIA $DJI $YM $MYM #DRAWDOWN ♁ 21.12.2020AD — possibly today 17:24 GMT 12:24 EST or before 31.12.2020AD ⛢ new #Economic #FULCRUM 2nd for 2020AD cf. March 18, $VIX VoC ☽ ♃ ☐ ♅ 📉 #DowJones down → #downJones * #Gann #WDGann Via Breadth Swinging Methodology BreadthScreener Portfolio
... how this will be tracking??... Here is the Daily;