Here is something I never posted about, I am sure I mentionned it but did not allocate more than 1 line to it.
Here is the top 10:
Apple
Alphabet
Microsoft
Amazon
Tencent Holdings (social media, microtransaction infested mobile games, league of legends moba, etc)
Berkshire Hathaway (Warren Buffet financial holding company)
Alibaba
Facebook
JPMorgan Chase
Bank of...
For those that are following this market and are invested into this index, it looks like there is some consolidation that we can expect in the very near future at some point.
The Indian markets are not immune to the same thrusts, ebbs & flows of the general markets.
As of right now, the DJI is currently getting pounded and so is the SPY as well as any other...
View On Dow Jones On (18 Nov 2018)
I am not buying into "the market gonna crash" news.
Rather it found the support near 25,430 and it is primed to move upward.
There is some chance of the dropping as well but I reckon it shall go higher to the end of 2018.
Dows 26,000 will be the interim target for now.
Let'see.
Disclaimer:
The information contained in...
Friends, as you can see from the linked ideas I have been able to use fib levels to good effect when predicting where price will go. Let's use them once more! As we can see, the Nasdaq (as well as several other indices including the all-important Russell 2000) have been bouncing off respective fib levels. Russell once again seems to say GO. This time, however, I...
We are averaging our derivative positions for the next few months when the RSI crosses the 51 level on the DJI weekly chart. We will only cancel averages if prices stay longer than 3 days <24k. The inverted shoulder-head-shoulder pattern can be seen in most world indices.
I take this opportunity to reaffirm our outlook for the markets in the coming months,...
Buy Green
Sell Red
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it's mainly for swing trading, i use the 3 day / 15 day / monthly charts with it and it works perfectly,
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it works good for stocks and cryptocurrency.
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you will use heiken ashi chart style and turn on the EMA DOTS indicator.
once the indicator is on you will hide the heiken ashi so you only see the dots.
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when a green dot...
Hello everyone,
I decided to have a closer look the chart, because the movements of the dow are very interesting now. I think that we are in wave 4 (purple in brackets), as mentioned in my last analysis, but there is another possibility to think of: it is possible that we are in a so-called expanding diagonal. If so, there is a chance for new highs!
BUT: so or...
it's mainly for swing trading, i use the 3 day / 15 day / monthly charts with it and it works perfectly,
it works good for stocks and cryptocurrency.
you will use heiken ashi chart style and turn on the EMA DOTS indicator.
once the indicator is on you will hide the heiken ashi so you only see the dots.
when a green dot appears you buy, if a green dot appears...
Here we can see similar patterns on a pull back coming. One seems to lead to an inverse head and shoulders and the other shows a further drop. Time shall tell but as previously posted I am short.
This is mostly for fun, but also an illustration of a worst case scenario. Saw this crazy fractal and thought....what if? I love the fact that this chart has so much price history.
In all seriousness though, if the DJI fails to consolidate in this range and make a higher high soon, we can assume it will drop. We have a nice double top formation so far. Buying...
