DOW JONES broke its 1D MA200 but may consolidate for a whileDow Jones (DJI) broke today above its 1D MA200 (orange trend-line) for the first time since February 16. However, as the Ukraine-Russia war isn't yet over, this rally will seek reassurances from this week's high impact macro-economic reports, namely Wednesday's GDP and Friday's Nonfarm Payrolls.
If the index closes a 1D candle above Resistance 1 (35150) then the next target will be Resistance 2 (35875). If not and the price shoots back below the 1D MA200, look for a multi-week consolidation within the 1D MA200 and the 1D MA50 (blue trend-line), which will be a good scalping opportunity.
The new long-term buy Zone is around the 0.382 Fibonacci retracement level but a closing below it should seek support on the bottom's Higher Lows trend-line. However I have to give the advantage to the long-term bullish case, as the RSI just broke above a multi-month Lower Highs trend-line, which is an indication of a long-term rally for 2022.
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Dow30
break low can crash dow to 30.000 on 1 hour chart , dow reach fibo 61% and i belivel dow have buy now !!! to red trend line and green fibo 61% =34400
but on bad news ,if low break ,dow can crash to 29700(buylimit place) support
advice = above low, looking for buy with SL= last low ,,, try hold it 10-15 day minimum to 34400
if low break, dont inter sell , wait buy pinbar comes on 60-240-1440 min chart
if you have old buys,,,100% put hedge sellstop in low
DOW : double bottom pattern and coming butterfly pattern despite today go down , we advice put buystop on high (sl= today low , wait time 7 to 2 week) and dont close your buy sooner than fibo 61% 34400 area ok?
if low not break (need big bad news) dow in coming days can fly up
if low break , dow cant go down too much ,,, dont forget daily chart main trend is very +++ so dont alow red candel force you sell !!!
if you have open sell , 100% put sl on yesterday high , break high mean + up trend will start
good luck
ALERT= SELL ON GOLD , DOW , DAX ,NASDAQ ,SP500 IS VERY VERY DANGROUS , NEVER REMOVE SL ON SELL,,,, THEY LOVE + UP TREND ,UNDERSTAND?
DOW30 SHORT POSITIONLooking for DOW30 to become a short postion trade. Nasdaq made higher highs while Sp500 n Dow30 failed to go higher. Orderflow is bearish, Great spot to sell.
Be patientlet's catch those onion pips
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This is Not Financial Advice, JUST AN OPINION OF THE ONION.
testing the order block strategy 9testing the order block strategy 9
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1:8 RR
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Black lines are where you can Take Profit
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This is Not Financial Advice, JUST AN OPINION OF THE ONION.
buy little size dow with SL near 36250 see chart exactly,dow is near fibo 61%,,,it love fibo 61% ,,, dont close it soon , hold it near 20 day ,,,,dow can go to high again
testing the order block strategy 6testing the order block strategy 6
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1:7 RR
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This is Not Financial Advice, JUST AN OPINION OF THE ONION.
testing the order block strategy 4testing the order block strategy 4
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This is Not Financial Advice, JUST AN OPINION OF THE ONION.
testing the order block strategy 5testing the order block strategy 5
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1:10 RR
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This is Not Financial Advice, JUST AN OPINION OF THE ONION.
testing the order block strategy 3testing the order block strategy 3
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This is Not Financial Advice, JUST AN OPINION OF THE ONION.
Update 2 :dont pick sell on dow it can go 38400 (fibo 161%)see dax 4hour chart FDAX1!
dow has powerfull buy now as i predict 3 days ago , so looking for buy in 15min chart deep with sl = day low
if you have sell , you must close all now
if you have buy , be patient 7 day
good luck
2 place we must buy dow and hold until 37000above green arrow 2 time we must pick buy (low size) with SL in low 33000 wait time =10 day
and
buystop on high is good idea with trailstop=80
(25% possible ,need big bad news) break low can crash dow to new low around 30.000 so above low until 37000 we must looking for buy and dont pick sell (near 37000 low size sell posible)
net order by big banks on dow futures (until 1 week ago)
prnt.sc
dowjones daily : butterfly pattern , looking for buy every thing is clear , if big bad news not come (low not break ) dow will see fibo 61% =35500 area soon
so
looking for buy in deep ,dont pick sell until fibo 61% 35500
daily chart pinbar will push up dow to fibo 61% =35400see dow daily chart exactly , in daily and 4 hour pinbar comes , so red arrow is dow next targets
note= AC daily going to turn green, we will see big + trend soon (if pinbar low not breaks by big bad news)
so looking for buy in 15 min chart deep with SL in pinbar low
good luck , strongly advice dont pick sell until red arrows (with sl and trailstop 80)
DOW Target doneWe have shared detailed DJI chart that you can see below in the link.
After breaking trend line support DJI met both the target and took support lower trend line and closing above the same trend line.
FED meeting ahead and we can expect high volatility near future.
Based on chart and price action a bounce back from current level is on the card.
Buying the DOW dipDOW fell to the bottom trendline where buyers have entered before, this big of a dip gives a great price to buy now. Market might drop a bit more but the odds are good that market can pump. Many stocks have lost a lot of value in the dip when the fundamentals for those companies are still the same and now they are on sale.
we pick buy now for hold 20 day to new high dont fear pick buy above green arrow (low size and SL ) and hold it minimum until fibo 61% even higher to 38000
dont forget like gold , dow love buy and go up too and daily chart main trend is very +++
if you have old buy, dont fear ,only be patient , soon or late dow will fly up ,if you have fear , near 35000 hedge them (lot=50% of total buys)...
good luck
DOW30 support levelsThe DOW30 went even lower from the strong support that it should hold and now will either do a small bounce, if not go lower and visit the key support area.
Looking forward to read your opinion about it.
dont fear buy dow and hold it 7 day sl=pinbar low dow touch Ichimoku daily and SMA200 daily and buy pinbar appear , now have buy
downer green arrow = EMA200 daily is next buylimit place with sl= 80 trailstop= 80
note = technical say dow upper target is fibo 61% then 161%
ALERT= when dow start going up NEVER open sell
good luck
Dow Jones analysis As I mentioned in previous chart of DJI closing below 36000 will trigger strong selling.
You can see in the current chart that the index treded multiple time below 36000 but did not close even a single day.
Just wait for one closing below 36000 and get ready for a big red candle.
now dow have buy with SL under low dow must see fibo 61% soon in next 6 day ,so dont close your buy soon
alert= if dow break today low , can go downer soo 100% put SL or hedge sellstop
alert= technical say dow upper target is fibo 161%= 37700 (if love not breaks) so strongly advice dont pick sell signals , looking for buy in deep ok?
ALERT: fibo 161% show dowjones can fly up to 38000as predict 10 days ago , dow reach 36800 area , now if dow break 37000 ,can go up wild to 37000
in green arrow we can put buylimit above green arrow with sl=80 trailstop=80
sellimit near red arrow 36900 with sl=80 trail=80 is good order too
if you have buy , dont close buy sooner than red arrow(37000 trend line)
if you have old sell , when dow reach above green arrow , hedge your sells
advice=still 90% looking for buy in deep with low size and sl (dow, index love buy)
wish you win
