Price Test the trendline and close above thats indicate possible reversal from there.
... and the rise of financial engineering - manifesting in a generational shift toward pure leverage. "When they look back at this segment of history they will probably ask: What the hell were they thinking?!" Reporter: "How is it possible that the DJIA loses 90% of it's value? ... B.G.: "It is very simple, really. First, it loses 50% of it's value and then, 80%...
My name is Philip, I am a German swing-trader with 4+ years of trading experience and I only trade stocks , crypto , options and indices 🖥️ I only focus on the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise. This is how you build real long term...
DJI on verge of breakout, no idea on external events like feds etc but if it sustained 34000 for some more time, it should touch ATH
Pair : DJI - Dow Jones Description : We have Break of Structure with Completed Retracement at the Lower Trend Line of Bearish Channel in Long Time Frame at Fibonacci Level - 50.00%. It has completed its Impulsive Wave " 1234 "
After 3 weeks of being range, it seems us30 can fall towards 33% level, as a retrace for higher probable prices.
Pair : DJI - Dow Jones Description : Completed " 123 " Impulsive Wave Falling Wedge in STF and Rejection from UTL S / R Level Fibonacci Level - 38.20% / 50.00% Divergence - RSI
Cup and Handle formed, broke out and since then it's been a slow but consistent move up. The only frustrating part with holding a trade like this since March is that there are these daily CFD Swaps which eats into the profits. And when you hold for >2 months, you start to feel it. Anyway, the bias was right and I might need to lower the target in the future so...
Pair : Dow Jones ( DJI ) Description : Impulse Correction Bullish Channel as an Correction in LTF and Rejection from the Upper Trend Line S / R Level Completed " ABC " Corrective Wave and " 123 " Impulsive Wave Break of Structure RSI - Divergence
After the recent test of support at 32800, DJI reversed to the upside and tested 34300 resistance. The recent correction is a higher low and with the price back at resistance there are high chances of an up break. In such an instance continuation is probable and the index could test the ATH. I'm bullish as long as the recent low remains intact
TVC:DJI globally will fall, because the Gann square of 20, built for the New York Stock Exchange indicates the date 2023 (reversal), and since on the monthly chart is now flat, and the market is at high prices, then a fall is more than likely. In 2024, a global strongest crisis is expected in another astrological cycle. There was already a similar crisis in 2008,...
DJI is likely to enter a major oscillation mode ! This figure shows the weekly candle chart of the Dow in the past two years. The top to bottom golden section is superimposed in the figure. As shown in the figure, the Dow Index in the past six months has shown a large oscillation pattern between the 0.618 and 1.382 positions on the golden section of the...
Pair : Dow Jones ( DJI - US30 ) Description : Bullish Channel as an Corrective Pattern in Long Time Frame Impulse Correction Completed " abc " Corrective Wave Resistance Level Divergence - RSI
Pair : DOW JONES ( US30 - DJI ) Description : Bullish Channel as an Corrective Pattern in Short Time Frame Divergence Exp FIAT Break of Structure Falling Wedge in STF with the Breakout of UTL Completed " ABC " Corrective Wave and " 12 " Impulsive Wave
Here's the afterward of my forecast on the Dow Jones Industrial(us30). You can find the old idea attached to this post. Looking for more upside. Feel free to ask questions, trade safe!
US30- RETEST? Im looking to short uS30 if i see a rejection on 1h tf. US30 looking tired and maybe we will see a correction.
If the narrative holds true with recession/depression and other sad things, I could see this going back down to support. Presidents added for fun and perspective.
Good morning all! I'll be breef as I the count kind of speaks for itself. It looks like we are ready to resume higher into wave 3 as we are looking at what appears to be a clear three wave move into wave 2. It looks like TECH will be giving a break and VALUE will come back strong into sector rotation. CHECK OUT my previous post on the NASDAQ which played out...