YM1! US30USD DOW 2023 FEB 20 Finally we see some movement from Dow. 34605-34432 rotational play based on 06 Feb's analysis garnered. Possible scenarios: 1) Rotational play: Trades can be executed at boundary of rotation range 34605 / 32789. Note: 34605-34432: If market trades toward the upper boundary = possibility of breakout 2) Rotational...
After the double bottom under 29k and a break above descending trend line resistance, Dji has started to consolidate (as if it was waiting for Nas100 and SP500 to catch up, and now are all aligned:) ). Technically, the picture is bullish and crystal clear, with a price waiting for a trigger to break above the triangle's resistance. CPI could provide this trigger...
YM1! US30USD DOW 2023 FEB 06 No trades taken for Dow last week as price stayed away from the boundary of the rotation zone. We now have a rotation within a rotation zone 34432-33624 :) This is about 800pt range. A modest upward trendline has formed, but but but demand is is showing effort no result. The 800pt range, although attractive, will unlikely be easy to...
NFP or not, I am taking this setup every single time. This is my bread & butter with a very high hit rate. Aggressive plosions here all day with a respectful SL.
Hello guys, This is an update of previous analysis (blow link). Everything is explained on the chart for you like always. The market has a false break and then came back above the base band, so for now we expect a retest of the zone and the continuation of the upward to the supply zone. Monitor the price's action in the circles to enter. Good luck. If you like the...
Dow Jones 30 Index The multi-week sideways price action seems to be the consolidation of the October - December advance, bullish conditions appear to remain intact provided the 32,950 support area proves true. Not investment advice. Past performance is not indicative of future results.
Hello guys, This is an update of previous analysis (blow link). Everything is clear on the chart for you like always. The market has broken the support base and the ascending line, so we expect a retest of the zone and the continuation of the downward trend. Monitor the price's action in the circle to enter. Good luck. If you like the idea, do not forget to...
DOW30 - Intraday - We look to Buy at 32845 (stop at 32645) Continued downward momentum from 34358 resulted in the pair posting net daily losses yesterday. The 261.8% Fibonacci extension is located at 32845 from 34358 to 33784. We have a 78.6% Fibonacci pullback level of 32845 from 32437 to 34347. Although the anticipated move higher is corrective, it does...
h&s on 1 week timeframe in dow jones looks like worst is over bullish on dow
Hello guys, This is an update of previous analysis (blow link). Everything is clear on the chart for you like always. The market reached our target with 850 pips and now under major resistance and it's better to wait for another point to enter buy position. I expect market needs some correction and support zone will be at 33700 and next target 34600. So monitor...
Hello guys, Everything is clear on the chart for you like always. The market broke its resistance last week and now retesting it at 33400. So monitor the price's action in the circle to enter. Of course, the Fed's speech today is very important and can cause many changes in the market. consider it. Good luck. If you like the idea, do not forget to support with a...
No brainer play! It’s showing signs of weakness now too since spy and qqq went up a lot today but the Dow hardly even a little. Dow was showing strength earlier but now anymore. When the market reverses which I do expect it do reverse soon, I’m expecting Dow to tank hard.
DOW30 - Intraday - We look to Sell at 33803 (stop at 33953) A Fibonacci confluence area is located at 33803. There is scope for mild buying at the open but gains should be limited. Although the anticipated move lower is corrective, it does offer ample risk/reward today. Further downside is expected and we prefer to set shorts in early trade. Bespoke support...
Preceding a broadening formation It seems higher probability to sell DOW30 than to buy it.
YM1! US30USD DOW 2023 JAN 01 Welcome us to 2023. Wishing you much trading success for the new year and great health! Possible scenarios: 1) Short on rejection at 34607 / 32789 2) Long if supported at 30513 / 28635 Weekly: Low vol down bar close at middle = indecisive Daily: Low vol down bar close toward high = No Supply H4: High vol up bar closed at high =...
The Dow has to make a new ATH and to do it these stocks have to join the party. Unemployment rate climbs as DOW makes ATH, then rate cuts will cut the DOW in half over next year.
DJ30 - Intraday - We look to Buy at 32824 (stop at 32600) Intraday, and we are between bespoke support and resistance 32824-33421. Expect trading to remain mixed and volatile. We have a 61.8% Fibonacci pullback level of 32821 from 32439 to 33439. Preferred trade is to buy on dips. Our profit targets will be 33421 and 33779 Resistance: 33422 / 33779 /...
DOW30 - Intraday - We look to Buy at 32811 (stop at 32561) The medium term bias remains bearish. The 261.8% Fibonacci extension is located at 28943 from 34939 to 32649. Bespoke support is located at 28933. Although the anticipated move higher is corrective, it does offer ample risk/reward today. Our profit targets will be 33558 and 34093 Resistance: 33558...