DJI had broke down from the 200EMA. Base on Fibo 1.618 the target is in the range of the yellow box, coincidentally collide with the historic support...jobs are loss from all over the world...not just USA alone. Prepare for the worst...
Hello everybody. Having examined in detail the wave structure from the beginning of the decline, I conclude that an increase from March 23 of + 30% , is only a correction of the decline impulse. This correction I marked by the fourth wave, which is most likely already formed. From 24000-24400 I expect a continuation falling in the fifth wave, with the aim of...
If the 5th Elliott wave represents the historical all time high of the Dow Jones bull market for more than 100 years, then it is possible that the stock market entered a historical bear market. The only confirmation for this scenario is the Dow should decisively break the lower trend line of the channel and sustain trading below 19500. Currently we may see some...
Symbol: DJI This post is for all the day trading junkies out there. I am showing the 30 min time frame with a cross over to the downside. If I double that timeframe and go to the hourly, I'm at a tipping point in thr market. We would enter to short till 30 min and hourly line up to go back to the upside. We are putting our money on red. We will watch closely on...
Symbol: DJI Who said major recessions couldn't be predicted? Buy green Sell red I'm just sayin.... 🤫 ---------------------------------------------------- Want to level up your trading skills? We just realesed our new course! Follow our tradingview page and visit the link in our bio if you are looking for new strategy to add to your arsenal. Also checkout...
The similarities on the chart alone are eerie so far...
Symbol: DJI Could be an opportunity to short monday. We will have to wait and see on the open. Be prepared. ---------------------------------------------------- Want to level up your trading skills? We just realesed our new course! Follow our tradingview page and visit the link in our bio if you are looking for new strategy to add to your...
📌Short intro: I am full time trader - analyst * High accuracy of ideas * Technicaly and Fudnamentaly side in analysis * Comment if have any questions or want to send support * Price action - FIBO - Candl pattern * FX - STOCK - CRYPTO * Simple ideas 💡 DJI technicaly indicators showing we can expect higher bulish market continuation, FIBO 0.382 which is in many...
Stock Symbol: DJI Big picture, don't fight it. Let it correct. It is way to early to make a call on this. We are viewing this from looking way out. That is a massive red doozie. Waiting for solid compression. Last break like this was the 2008 collapse. I ain't touching it. Diversify and use 5% stoploss ---------------------------------------------------- We...
Keep an eye out for this analysis. Looks like a black-hole below, lets see what we do in the next months or so. If we can re-claim what we lost above or if we reject and lose the low that we made, then we'll keep seeing lower lows.
What Does The Death Cross Tell You? The death cross occurs when a short-term moving average (typically 50-day SMA ) crosses over a major long-term moving average (typically 200-day SMA ) to the downside and is interpreted by analysts and traders as signaling a definitive bear turn in a market. The opposite of the death cross occurs with the appearance of the...
Doing a lot of research lately on the crash of 1929, and how that played out. In the first leg down (similar to where I think we are today), the market fell 40-50% in 3 months, similar to now. Then we had a snapback bear market rally, regaining 50% back of what was lost, which keep in mind means you only got back 20-25%. This took 5-6 months to play out, and I...
Getting our bearings... If a retrace swing is checked in its advance only by opposing forces, waiting for sentiment to improve will mean you have missed out on a lot of the bounce. There is the recognition that when a crash like this happens, we must sacrifice a part of our own effectiveness just to help keep an eye on it, outguessing the lows is an advanced...
To early to sell for long term. Sell at 50% or 61.8% or in between. Should make LL.
The Dow Jones Industrial Average rose more than 11% to clock its biggest advance since 1933. Dow Jones futures jumped Tuesday morning, along with S&P 500 futures and Nasdaq futures, amid optimism about a massive stimulus deal. New support at 20,000 for DJI. Not sure how long this rally will last because its basically akin to printing money to keep the economy...
We saw Dow Jones fall to the right level due to problems with coronary artery disease. That is, before Trump's presidency. Let's see what this smart businessman has to do with American economic indicators! Will it again prove to the world that a tough trading president is wrong?