The outlined white arrow pathway is the predicted pathway that the DJI H4 will follow in the coming days or weeks. Using my unique charting methods, I have been able to arrive at HIGH PROBABILITY turning points where DJI H4 will turn. PLEASE NOTE THE ABOVE ANALYSIS IS FOR EDUCATIONAL PURPOSES ONLY. THEY ARE NOT DIRECT INSTRUCTIONS TO TRADE AND ANY LOSS...
$DJI has been on an absolutely MASSIVE bull run since the collapse back in 2008-2009; a decade ago! We all know what goes up must come down though and the DJI is due for another +50% correction. This chart is on the Weekly. I usually prefer using the Day charts however I noticed some interesting trends that I hoped to share. 2008-2009 -The correction in 2008...
The Dow Jones Industrial Average is still looking like a strong bull on the weekly timeframe. The candles have not yet formed a reversal pattern, there is still potential for the upside after breaking the previous top. On a weekly candle once a pin bar formation of a strong reversal Doji forms then we can talk about the potential downside. For now, the target is...
Short-Term DJIA is overbought with RSI over 75. On the Daily, we are going to see a correction in the next 4 weeks. RSI over 80 or greater and we will have a decent correction in my opinion (RSI 80+ is like December 2018 selloff). Long-Term From where price meets white line resistance in December 2018, we use same 427 Day Period. 427 from current price brings...
Go long around level 26700 - 26810. The lower the better. Can use pink line for reference. Guess it would boost upward after standing 26810. Target is 27030, Stop Loss placed below previous low 26670.
Look for an hourly close above 26195 to confirm potential reversal, based on 1hr renko chart. Look for a retracement and enter LONG around the range 26130 and 26195. Stop Loss placed under 26020, below the long 1hr candle. The target level is 26560, with Risk / Reward Ratio 1:2
TVC:DJI FOREXCOM:DJI TVC:DJI OSE:DJIA1! Waiting for catalyst to Short the market
DJI double top pattern formed. Look for support on the 50,100 or 200 day SMA. More support lines indicated w/ magenta lines. This can't go up forever. This is not financial advise, because I am not a financial adviser........ I am just a dude.
Hope you guys enjoy the video, be sure to leave a like, comment, and follow for future posts! The Dow Jones was down about 600 points today as President Trump continued his sparring session with China, and increased tariffs yet again. We can see a dangerous M forming on our 1 day time frame and I indicated crucial support levels with the fibonacci as well...
The Dow Jones has been all over the news as always, but very volatile as of late. With trade wars escalating, the question of a recession is at the front of the headlines. If we look at our 1 day time frame we can see our fibonacci retracement level right below the dashed line I put on the chart. This is the danger zone. Looking at the chart pattern we can see...
get it not financial advice
THE DOW JONES INDUSTRIAL AVERAGE INDEX DJI OUTLOOK MONTHLY CHART
The Dow Jones hit historical maximums. I believe this is just a bull trap and a big fall is on the cards. We see on the chart a big RSI divergence and the price printed somewhat of a doji just before season earnings started. Also MACD (not in picture) confirms the bearish momentum. It has been reported that earnings this quarter are going to be pretty bad and...
Since last recession(2007-09) DJI have been growing steadily in last 10 years without any break. All impulsive trends comes with pullback/recession/ and DJI is no such exception.. If dow jones cant hold above the redline (21640) we might see big down trend coming in markets which has already been started. Few...
I'll open sell after fake broke of key level 26954.0 because: - 26954.0 is a historical 10-Month High. - Many traders will close their buy positions near this level and it can cause falling of the price. - Potential profit will be in 5...20 times bigger than risk.
26-Jun Forecast timing analysis by pretiming algorithm of Supply-Demand strength Investing position about Supply-Demand(S&D) strength: In Rising section of high profit & low risk Supply-Demand(S&D) strength Trend Analysis: In the midst of an adjustment trend of downward direction box pattern price flow marked by limited rises...
Stock investing strategies Read more: www.pretiming.com Investing position about Supply-Demand(S&D) strength: In Rising section of high profit & low risk S&D strength Trend Analysis: About to begin an upward trend as a adjustment trend gradually gives way to increasing limited falls and strong rises. Today's S&D...