USA Indexes are looking like a buy could be in order here
mostly eyeing the %r crossover here as a sign that volatility could be lower for a little while
manage your risk
gl hf
xoxo
snoop
Deere & Company is one of the last to report earnings of the Dow 30 components today. High Frequency Trading firms (HFT) focus on blue chip earnings reports. DE is holding above the topping completion level for now but remains in a volatile trading range. All black lines on this weekly chart were drawn in the last quarter. Bounce support areas are defined in...
Dow30 immediate trend is down. However, support is found at 24745. There are 3 resistance level which you can place your shorts.
R1 : 25320
R2: 25783
R3: 25990
Take your trades with short term perspective in mind. Wait for bearish candle to show up at these resistance levels before taking the shorts.
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Weakness is seen in Dow30 with the lurking threat of inflation. Any retracement upward is a good opportunity got shorting. Stop loss should be somewhere around 27000. 26000 would be a nice target.
MSFT is following its bull up channel well and looks like the price action will continue its steady accent as this week was likely a reset for a growth week over the next two-three trading weeks ahead.
$MMM is your stock if you like rising pincher plays.... trend lines on price action shown in black on this chart... treding upwards and making higher highs and higher lows, but the 200 MA is looming of SO many stock within the DOW30 right now on these DAILY charts... if it is respected by the price action... the likely outcome will be prolonged stagnation moving...
The colored boxes represent Points of Interest and Vibration Levels, based on Waves measurements and Fibonacci calculations.
• Red – Bearish Breach
• Orange – Strategic Levels & Vibration Zone
• Blue – Extension & Points of Interest
Dow Jones makes bearish flag with ABCD formation. Falling volumes confirmation trend is falter so sell dow tgt zone SMA 50 and SMA 200. SL previous high.
DOW30 is approaching resistance level 25440 with decreasing volume. Bulls are testing the resistance zone to see if any bears show up.So wait for bearish candles to show up first before taking any short position. Price might break through the previous swing level at 25440 to lure in break-out traders before swinging back down. Thus SL is set slightly higher at...
If you have been losing & losing money, this is the trade you NEED to make it ALL BACK! Don't miss the VIXplosion on feb AGAIN. Upside? NOT MUCH.
TP as indicated. Long/Short entries on white lines.
Hello guys,
DOW30 - My bearish view is still confirmed - 23.300 is the key
1st: a Lower high on a weekly chart is the very first important signal about a possible downtrend.
2nd: Macd oriented downwards again
3rd: Rsi moving to weak area.
See you soon,
Simone
Hello Traders,
In this analysis, we will have a look at the Dow Jones 1 hour Elliott Wave chart.
Dow Jones ended cycle from 04/02 low (23311) at the peak of 06/11 peak (25417). Below from that peak, the instrument is currently correcting the cycle from 04/02 in 7 or 11 swings before the rally resumes or bounce in 3 waves at least.
Down from 06/11 peak, the...
Dow Jones Futures Elliott Wave view suggests that the pullback to 24227 low on 5/29/18 ended in red wave 4 pullback. Above from there, the rally is unfolding as an impulse Elliott Wave structure with extension in the 3rd wave higher.
As an impulse, the internal of Minute degree wave ((i)), (( iii )) and ((v)) should also unfold as an impulse with 5 waves...
