Traders, US30 moved exactly to the levels that we expected last week. Now it is between 2 important levels. It may perform a retest before moving higher. The higher level is crucial because if that s broken then, we are looking as a huge breakout to the upside. Lets see in this multi time frame analysis.
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Hello Traders Investors And Community, welcome to this update-analysis where we are looking at the DOW JONES Industry Index 4-hour timeframe perspective, the recent price-action, the current importances in the structure, what to consider next times and how to handle upcoming situations in the right manner. As the overall stock-market is recovering from its...
DJI broke above the middle of the Channel Up (4H RSI = 75.071, MACD = 190.800, ADX = 49.424) that it is trading in since the June 15th bottom, and is currently consolidating. That middle line has been particularly important as on all previous occasions it provided a rejection. The MACD is also trading inside the July Sell Zone. As a result, we are expecting a pull...
1. First Warning Sign:
a)Volatility in the markets increasing.
b)Bonds starting to increase as funds leave the
markets, selling into retail
-Previous resistance on TLT was broke
c)The SPX and TLT typically move opposite to each other
-More on that later
a)Funds pull their money out of the markets leaving retail holding the bag at the...
This is the map for Dow Jones Industrials (tickers: YM1!, US30, DIA, DJIA) the next 30 days or so.
Notes: If you followed the DOW trade, please note that I started with a 10% entry and kept it 10% at each entry and DID NOT TAPER UP. This is because I could see it go up to 27200 without having the evidence to say it was likely to.
After 8/11 or 81/2, PRS...
the one hour chart of this market that it will know does not trend upward with the vigilance to take into account the stop loss to be determined on the graph
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Since April 6, 2020, the Dow Jones Industrial Average includes 30 companies
Which company from this list will be the strongest in the next 54 years?
3M Co. (NYSE: MMM) (industrial conglomerate)
American Express Co. (NYSE: AXP) (credit services)
Apple Inc. (NASDAQ: AAPL) (Electronics)
Boeing Co., The (NYSE: BA) (aircraft and defense)
Caterpillar, Inc. (NYSE: CAT)...
Panic and fear have gripped the markets. (and rightfully so)
Just below is a list of a few of the things that are fundamentally driving the sell off:
Corona Virus is being declared a pandemic.
Massive supply shock from China due to supply chain issues.
Potential country lockdowns and economic stagnation
On the left we can see the Dow was making an inverse H&S on the daily chart, but as you know i always find these kind at these spots very unreliable. But as we all know, retail has been pumping the stock markets and is also probably a big cause to why it even got this high past 2 months. Anyway, Dow failed to push higher last week, making a double top at the...
Not much has changed in the stock market. We are still in the same range. Based on the rejection we got last week, we can expect SP500 to test 32xx range (possibly even higher to form a double top near 3400). Advanced Decline Line broke higher than it was at the beginning of this year. That is bullish for the short-term. Based on cycles, we can expect trend...
After the temporary end of the Dow Jones fall in March 2020, we entered the main wave of an annual expanding triangle.The present scenario is currently in the form of a dual combination of zigzag + X-wave + flat C-terminal. This pattern can propel the Dow Jones to the 14,000 range in the form of a C-wave.
💬 Oddly enough the Austrian government is testing out Ardor (ARDR) technology. That is bullish for ARDR, if only in that it shows adoption is real and happening on some level. Adoption is great, but what is notable is the current price action where ARDRUSDT has broken away from its current range. Let's take a look at some levels to see if Ardor can find support...