The fall of the Dow Jones index / Are you ready to sell? It is easy to see that the Dow Jones index is going to fall, and the targets that I specified for you will first reach 31486.38, then it will have a corrective trend up to 32550.68. The next target that the index will see will be 28781.97 and that is where you can decide to go long.
WHICH WAY TO BREAK? It's up to the market and for us to act accordingly. There is an ascending Triangle that's clearly forming on the Daily. And normally, with the higher lows and same highs, the bias is normally up. If it breaks up the target will most likely hit 40,000. My issue is the state of the world right now, which is probably wrong to think about as...
DJI is in 5t wave soon to finish and soon ABC cycle will start. The downward cycle will lead the prices to previous wave 4 towards 18000 levels and Weekly chart: and Daily chart: Little bit of steam left that can take prices high, and therefore there is chance of up move in the short term
Touchdown on that target! All targets got satisfied! No more current upside targets, need a retracement at min. May 1st could be the highest week for this year
Getting close to the perfect touchdown target! #NDX and #SPX have been in consolidation mode since Mar 31st. No need to be always in trade; cash is a position too!
Pair : DJI Dow Jones Description : Bullish Channel as an Corrective Pattern in Long Time Frame Divergence Break of Structure Exp Fiat in Short Time Frame Completed " ABC " Corrective Waves
DJI intraday trading alert 3 simple steps to find a quality setup! Risk Reward Ratio 1:2 Anyone same idea with me? BUY DJI Good luck traders...
Rising Pennant has formed on the daily. We are approaching the apex of the triangle. All we need is a break to the downside Target 31,139 SMC ANALYSIS: Buy Side Liquidity Order Block has formed at the top of the Pennant. This is where Smart Money will come in sweep liquidity and the price will pull back down as they sell into the buy side. This will confirm...
Dow Jones Industrial Average (DJI) has formed Head and Shoulders bottoming pattern and has broken out of the H&S neckline resistance zone. We can expect a retracement back to the neckline and if buying strength continues, price can meet measured move target of 33300.
Pair : Dow Jones - DJI30 Description : Impulse Correction Impulse Break of Structure Flag Pattern Bearish Channel in Long Time Frame and Short Time Frame as an Corrective Pattern Divergence Completed " 12345 " Impulsive Wave " ABC " Corrective Wave
Dow Jones: (Short) Expecting further downside correction on DJI.
On a weekly chart, the price broke above the upper band of an expanding wedge channel, now it just made its second retest of the upper band- making that level a bit more stronger (provided it does not get broken). So, i am having 2 bias, one is mid-term bullish bias as shown in the above chart. A break above the Intraday - OB followed by a retest would mean...
DJI according to Elliot wave principle the fifth wave complete and ABC pattern already formed so the price will drop to find the best demand zone to pull back the price may be the price break the nearest demand zones to find a strong support in down levels
Hi, this is my new update for DJI. As you see in the first picture, we are exactly in the same place we should be for a big crash. It is difficult to estimate a date, but I expect we are going to see 80% downside on DJI in the near future. Right now we are on a beautiful uptrend channel pattern and it has acted as resistance level multiple times and the middle...
As i see as a technical analyser the price will drop to find best support to change direction overall Dji market will crash maybe it is waiting to push by some news.
After the double bottom under 29k and a break above descending trend line resistance, Dji has started to consolidate (as if it was waiting for Nas100 and SP500 to catch up, and now are all aligned:) ). Technically, the picture is bullish and crystal clear, with a price waiting for a trigger to break above the triangle's resistance. CPI could provide this trigger...
Pair : US30 ( DJI - Dow Jones ) Description : Impulse Correction Impulse Completed " 1234 " Corrective Pattern Divergence S / R Level Symmetrical Triangle as a Corrective Pattern need to wait until it Breaks the Upper or Lower Trend Line
While the NDQ/DJI, itself, represents a significant trade opportunity here, even more notably, a number of the index components display remarkably skewed "Greeks"! (For example, APPL-GOOGL, CAT-PEP, TSLA-BA, etc..) E.g., It is a rather strait forward process - at these levels - to assemble baskets of stocks (Long) in each index (Short) with rather juicy, +30%-40%...