buy and hold3 place for buylimit tp=30.000 dont close it soon
dax, sp500 dow like nazdaq want see new up record ! !!! so dont close with little profit
Dow30
dow jones - elliott wave analysis - BULLISH SCENARIOfor this scenario i assumed that the correction already ended and that a new bull market is running.
So i expect a wave 3 extended.
Is the Dow Jones 🐂 Ready to Rumble? | DOW JONES MINI FUTURES ($🐮 The DOW (DJI, DIA, YM1!, UDOW, etc) is rallying based on recent strength shown by key players like Disney, the banks, Boeing, Exxon, etc. Looking at Dow Jones Mini Futures (YM1!) we can see a new clear bull trend forming... but we also see a clear-as-day support level to be tested to help confirm this rally. Perhaps the shift out of the NASDAQ's COVID hedge plays and into DOW darlings causes a correction in all markets, perhaps bank stocks run up against resistance and need to cool down. Whatever spurs on the retest of support, so be it. The plan here is simple regardless, we are aiming to buy support and catch a ride on the post-COVID bull.
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1. Fractal Trend is showing an uptrend (Aqua colored bars) on the 4-hour timeframe. This is the first notable confirmation of an uptrend on YM1! and is indicative of the recent strength in DOW holdings.
2. With this strategy, we are looking for long setups in an uptrend and as such want to enter long on retests of bullish order blocks plotted by Orderblock Mapping (Aqua colored lines) and/or bullish S/R levels plotted by Directional Bias (Aqua colored lines).
3. The goal here is to take a long position at the S1 S/R flip since that has been a major price pivot point during the COVID correction.
4. Our stop loss is placed just below S1, with the logic being that S1 will hold.
5. Our target is the R2 highs formed during a dead cat bounce back in March.
6. If S1 doesn't hold, then S2 offers another support level, although the current bullish bias on the DOW would be lost at that point.
Good luck bulls!
#Dow30 - 1929 vers. 2020? Part 2 #US30USD #DJIA percentage comparison between the stock market crash of 1929/30 and carried over to 2020.
The 1929 DowJones crash took place within 71 days and resulted in a 49.4% price loss. The following rally lasted 155 days until 16 April 1930, when the strong bear market rally was marked by a price gain of over 52%.
The time factor of the upward movement was 2.18 times as long as the downward movement (155 days / 71 days).
The crash of the DowJones 2020 leads to a price drop of approx. 38.5% within 40 days. This is shorter and less strong than in 1929.
However, if the DowJones would also rise by 52%, it would result in a target range of 27,713 points. On a time level with the same length as 1930, the target date would be June 18, 2020.
From the current level, a 10% profit would still possible, provided that both crises were similar in terms of their timing.
The transfer is certainly only a small gimmick, but it should not be forgotten how strong bear market rallies can be. I am not suggesting that the current movement could not be a new bull market.
On the stock market, regular questioning is part of it and the current bad situation can also be viewed positively from another perspective and vice versa.
61.8 retracement would be reached at 25,247.
78.6 retreacement would be reached at 27,159.
It should not be forgotten, however, that at that time there was still a gold-backed monetary system, which was abolished in 1971.
The largest global investment market after bonds is the US stock market. But since many government bonds are likely to default due to the depression, a lot of capital will try to sell bonds and bring them to safety. This could be a possible price driver for US stocks from the DOW Jones and would create a bull market.
Greeting from Hannover
Stefan Bode
DOW30 - Gartley 1H - ShortGartley HCP on 1H. Let's see how this plays out.
Dow can be challenging to trade (at least for me) so minimal risk.
#Dow30 - 1929 vers. 2020? #US30USD #DJIIn 2020 everything went much faster than in 1929 but could the Dow30 go through the same structure?
If in 2020 the A = C becomes the same as in 1929, then the Dow still has room for 25,558 points in the short term.
Maybe the Dow will do something completely different and climb to new all-time highs, because everything is only half as bad and the world is back to the "old" on Monday and everything is back to normal.
However, this structure should be observed more intensively at least in the coming weeks.
Greeting
Stefan Bode
#Dow30 - 1929 vers. 2020? #US30USD #DJI
#DOW30 #DJI #US30 Trading Analysis & ForecastTraders, Like SnP500 Dow 30 aloso created divergence. It has however completed the pattern and also pushed to the first profit target level. It can push even higher based on market momentum.
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DOW ShortExpecting more Downside, fundamentally and Technically.
Stimulus package will help, but not solve the issue of Corona.
Huge unemployment numbers as of today in the US
Bear target for DJIf DJ loses the 19000 range, it can fall in 17000. Strong support will hold 17000 range.
Bullish Shark on DOW30 to fill Weekly GapAfter doing some fib analysis on the DOW30, it was observed that on the weekly chart that the market was beginning to form a MASSIVE bullish shark pattern. By taking target 1 at 23200, the 50% retracement of the CD leg, one would be riding a move that would also be filling a gap on the weekly chart from the weekend.
Potential reversal zone for entry between 16600-17100
DOW sparks will flyCatalysts for bull runs have been seen including symmetrical triangles, and three clear bullish divergences. A broadening wedge within a broadening wedge is present, these 52% of the time (according to bulkowski's chart patterns) result in a breakout downwards. Most often this chart pattern is found in bull markets. A clear cut case is the DOW. Going off purely TA a breakdown is likely from these high levels back towards the mean of the wedge , possibly even forming a symmetrical triangle or a falling wedge within the wedge to hold it. Monthly chart. If you are looking to buy, entering is fine as long as you are prepared for downsides and want to go long, as you can see the chart is clearly bullish .
Higher low on dow? With long legged Doji reversal?The dow has put in a higher low on the hourly chart. Combined with the long legged doji reversal pattern and MACDH uptick it looks like an OK long to take, considering the bullishness of the daily charts. We had a big gap down today so I would expect a gap fill tomorrow.
Decent trade with a stop just below the Doji, nice profit potential to test up to the resistance.
A very bearish M candleA very bearish M candle confirms divergence in DowJ. A deep ABC correction should happen this year. I would not buy it anymore. Bullish trend is bending.
Lots Of Juicy Liquidity For Dow Jones On The Bear SideLet's see if the virus does its job
Target 24634
YM Short Big Time, Wake UpTime is short take big size short trade , and then cash out from brokers.
Buy everything what is essiantial for your family.
The more time goes the more EVIL will show in this world....
Sick invisible enemies ..................
Just Believe in God and Christ!
Time is running out.
Take care
DOW30 SHORT MONTHLY CHARTMany tools show me that price can easily now going to retest the trendline and even break it to the downside.
Dow Jones: Bearish divergence on RSI.DJI managed to recover the drop that (marginally) broke the 1D Channel Up resuming the bullish technical action (RSI = 64.012, MACD = 186.600, ADX = 46.489, Highs/Lows = 130.1071). The RSI on the 1D chart is on a bearish divergence though and the last two times that happened the index dropped -3.20% and 5.13%. If the current bearish divergence follows the same patterns then we are looking at two downside targets: 27,965 and 27,400.
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