short side setup in Dow Jones level 26500 coming
Long above upper black Short below lower black Keep it SIMPLE
Will look at a scalp long if $26,005 breaks will layer profits in from 50 to 200 points as there was a strong move opening up on Sunday. I have stop/buys orders in place. Please keep in mind this is not a long and my order will not be executed until $26,005 breaks (if it never does that is ok) I will cancel my order. About me: I keep trading as simple as...
DowJones agianst resistance and losing momentum, I still believe we are in for a correction. Currently in a short and always have layered profits down to my target or $25,750 (always book profits) and don't get greedy on the way down. Questions or comments please let me know! About me: I keep trading as simple as possible. Will not give my method but will...
📌 Flows to illustrate end-game cycle chains -> Here we are tracking a very advanced flow, the struggle for Long Bonds to complete the final ⚠️ breakdown and trigger capitulation in debt . This would be more natural to develop ahead of US elections as it would imply maximum pain giving enough energy to help form a base on 'surprise' Trump victory. To...
Hi there! This idea/trade is pretty simple and it comes up few and far between. It is strictly based on price and nothing else. Human nature never changes and it's interesting that the two times this has happened in the past were also during "panics". These trades typically last a few months so just keep that in mind. The details are below. All the...
I believe the rise from a major bottom is a correction wave (ABC). the price now in the last fifth wave of C or 1 of C. Both scenario indicate that the price should make new high and this is a good opportunity for the short-term trader. I am in since last week and my SL is the bottom of last week. There is another suggestion that wave 4 has not completed anf...
COMPARING MY YESTERDAY STATEMENTS WITH REAL MOVE. 1.In point no.2 I shared that market is trading in no trade zone can not decide any side position. You can see it spend all day in small range not giving chance to earn both sides. That is why I said no trading area. 2. Now I have been saying since last Friday that short is my biased for market but market is not...
COMPARING MY SATEMENTS FOR LAST TWO POSTS WITH THE ACTUAL MOVE IN DJI 1. In yesterday post point no 2. I clearly mentioned that if dow opens gap down . As it opened slightly gap down, one should wait for price breching red dotted zone to short . In monday post I clearly mentioned that swing high Z is the stop loss for shorts positional trade. That high is...
Ready for Crush? End of This month until June End, All Market gonna Crush Again. Currently, Market not move technically or fundamentally, Only pump and dump with fear of Covid-19 Fed Helping Market to stable but for how long they can stable once this Virus long down End, Stock COULD crush one more time then later year Pull back. 🛑SUPPORT/RESISTANCE ✅S1=...
Dates in the future with the greatest probability for a price high or price low. The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will...
TRADE PLAN FOR 18/5/20( MONDAY) 1. The chart I am showing is the daily chart of DJI . Here currently dow is in local distribution phase , where last leg of upwards move is going on. In fact intermediate corrective structure last leg. 2. This is irregular corrective pattern whose last leg is expected to go in red dotted upper micro zone . This the point where...
X Force Global Analysis: All markets is currently showing weakness in both technical and fundamental reasonings. With no clear signs of recovery for the COVID-19 situation, we may see an uprise of technical traders taking advantage of the situation to drive price down even further trying to keep the technical aspects on a larger picture in tact. With that being...
Their is a lot to study here. Ever since our initial breakout we have not seen a retest on the breakout to test for a support. Each impulse has decreased roughly by 7% each push back up. The last wave was a 7% impulse as we reach the level of Resistance. The decrease in buy percentage could represent a correction to come. 24815 is key break level for upside...
X FORCE GLOBAL ANALYSIS: The Great Depression that took place in 1929, took 10 years to recover, and is still remembered as one of the most devastating events that hit the stock market. Today, the stock market is recovering from a devastating hit caused by a virus outbreak (COVID-19). Governments and banks have worked together, initiating both monetary and...
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...
Whether old charts, new charts, big drops or smaller ones - charts with sharp drops in price share very similar characteristics. I decided to use two very different examples; one from a different period in time, though similar to our current move in size (Crash of 1929), and one from our current time period and though much smaller in size it still meets the sharp...
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...