Dow Jones Index is forming a triangle with potential pump or dump of nearly 4 percent! Personally I think that it will breakout before the end of the triangle to a new all time high.
dji intraday tips ..................................................................................
DJI / US DOLLAR OVERVIEW Looking at the broader picture here on a 5D chart, we see DJI following exact movement as per October 2007 - mimicking the financial crash of the 2008. As we continue to watch the events that unfold worldwide, an even greater threat to the healthy economy looms in the darkness, stock market crash (deflation of the financial stock bubble...
3 possible Take profits for DJ:DJI We are still in a bullish trend in the indexes like CURRENCYCOM:US30 SL under 33000 Fibonacchi Extensions: TP1: 35600 TP2: 37000 TP3: ~40000
First time using tradingview for stock market and the first thing I saw was this. I had an idea to compare the charts from today's time and from the great depression. I am very noob at TA but I am starting to learn and understand basic principles and from what I've read, isn't the RSI one of the best indicators? I mean... we have some big "news" in the world...
Dow Jones Industrial creates a double bottom and forms a long-term price channel in H4. The Index also completed a five-wave pullback sequence to the downside and could head back up if it holds above 33920
Who is a good boy? The Dow Jones is! Here, the top was perfectly hit and the following correction also evolves as planned – so far. We expect the course to drop below 34034 points and then attack new all-time highs. Let’s gooooo!
Looks like Apple has completed a 5W impulsive move up on HTF weekly chart and is probably going into another ABC correction that keeps the price flat to down until some catalyst create the next pattern
We are currently entering W4 here and I expect a EOY target of 40,000 plus
DJI / US DOLLAR OVERVIEW Every time I've heard someone mention DJI and the so called 'upcoming crash', it almost sounds too repetitive and at the end of that same week you'd see DJI, DOW climb higher and higher to everyone's dismay. Well, we might finally be nearing or entering the new 'phase' of the stock market and global economy as a whole where we will...
This week the US had a Jobs Report that showed slower than expected growth, which has led to a bearish week in the stock market. The DJI has formed a double top which has broken to the down side. Could this reversal pattern play out and bring about a bear market?
Similar to my SPX500 idea, I think the fractal here looks remarkably similar to price action and we could be approaching the top in the DJIA. Suggested date
Since Covid's Low 28 signals !!! Volume Weighted Average Price (VWAP) is a technical analysis tool used to measure the average price weighted by volume. VWAP is typically used with intraday charts as a way to determine the general direction of intraday prices. VWAP is similar to a moving average in that when price is above VWAP, prices are rising and when price...
The Dow Jones has a hard time pushing for an offensive to overcome the resistance at 35547 points. However, sooner or later we see the course moving above that resistance and gradually build up new all-time highs until the area around 37607 points is reached. Good times coming!
Accumulation is happening . It would be a good apportunity for DJI lover