DJI (US30) SELL Entry 1 27,320 Entry 2 27,370 Sl 27,421 Tp.1 27,120 Tp.2 27,000 Tp.3 26,890
TVC:DJI FOREXCOM:DJI TVC:DJI OSE:DJIA1! Waiting for catalyst to Short the market
Hope you guys enjoy the video, be sure to leave a like, comment, and follow for future posts! The Dow Jones was down about 600 points today as President Trump continued his sparring session with China, and increased tariffs yet again. We can see a dangerous M forming on our 1 day time frame and I indicated crucial support levels with the fibonacci as well...
The Dow Jones has been all over the news as always, but very volatile as of late. With trade wars escalating, the question of a recession is at the front of the headlines. If we look at our 1 day time frame we can see our fibonacci retracement level right below the dashed line I put on the chart. This is the danger zone. Looking at the chart pattern we can see...
The Dow Jones hit historical maximums. I believe this is just a bull trap and a big fall is on the cards. We see on the chart a big RSI divergence and the price printed somewhat of a doji just before season earnings started. Also MACD (not in picture) confirms the bearish momentum. It has been reported that earnings this quarter are going to be pretty bad and...
Since last recession(2007-09) DJI have been growing steadily in last 10 years without any break. All impulsive trends comes with pullback/recession/ and DJI is no such exception.. If dow jones cant hold above the redline (21640) we might see big down trend coming in markets which has already been started. Few...
27420-27460 is the overhead trend-line resistance...but how can the US Stock market resist 28000? Or even 30000? They just love hitting the big numbers.
Entered LONG at 26600 and futures gapped up. TP1-26675, TP2-26790. I plan to reverse my positions probably 1 hour before extended close today. To be ready for BIG SHORT on Monday.
DOW/DJI graph looks like it's in consolidation.The blue lines (solid and dotted) represent areas where I expect the price to go up/down to. They are the support and resist. The green circle represents a period of time where I think the consolidation will come to an end. What is consolidation? It's when the market is undecided if it will go up or down. What...
Hi, i zoomed out as far as i could (Dow Jones, logarithmic Chart) My assumption is based on the believe of an historic trend channel. At first, some Events, to put things into perspective: The "Great depression" of 1929 - 1930 had Around 88 % Correction from Top to bottom. Bretton Woods: 1971, the USA rendering the dollar a fiat currency Lehman...
Here the turning point sin DJI new highs (Blue Line) and new lows (red line) But with the real points where you had the chance to trade that system. In many cases the shwon trades of trading services have never been there in realtime. In also many other cases it has not been for normal traders any chance to do it like the pros. But here you are able if you...
Hello everyone who is watching my charts. Here is the update to the end of today's DJI trading day The situation remains unchanged. What should we pay attention to on Monday? We now have 2 long trend lines the one in the steep Long channel I have marked blue. But I'm afraid this steep uptrend will not last long. But below that we have an interesting 2nd...
Now we have an interesting sign here. DJI has break ot of the short channel (i have marked them in red) and comes bak to our well known blue trendline from 11.3.2019 Thats a really strong sign. DJI managed not only to go sideways out . Strong up and trading along the long line in blue. I exspected now higher prices Also to notice We have taken out the...
DJI has managed to get our off the sharp short channel i had marked fe day ago into a more wider short channel now i have marked in red to see them easily. But since 2 days we have also an established long trend to see at the blue long trendline which i have marked as support on the long side. Now we only can wait what will happens next. a) a brake of the...
In the opposite direction to the Nasdaq situation we have here now the DJI. DJI is still caught in the bigger short channel i have marked in red lines. He tried to go out at end of yesterday and start of todays trading but the outbreak failed. Now the upper line (i have matrked the channel in red lines) is the important resistance line for the ext trading...
DJI is now rading in he new short trendchannel i have marked them with red lines. These channel is split in a smaller more shorter range i have marked ht upper line of that part of channel in purple and the its own lower side , marked in red. So in a few words: Between the lower red and the purple line has been the shortest range. 1 Time Buyers have tried to...
At end of trading day 7.3.2019 there is now really news to tell. We have established now a new short downtrend channel i have marked in purple to have a road for the next days. There is also as you can see a trend resistance channel with a deeper fall, i have marked with orange resistance line. I think in 1 of these channels we will se DJI tomorrow and than...