Hope you guys enjoy the video, be sure to leave a like, comment, and follow for future posts! The Dow Jones was down about 600 points today as President Trump continued his sparring session with China, and increased tariffs yet again. We can see a dangerous M forming on our 1 day time frame and I indicated crucial support levels with the fibonacci as well...
The Dow Jones has been all over the news as always, but very volatile as of late. With trade wars escalating, the question of a recession is at the front of the headlines. If we look at our 1 day time frame we can see our fibonacci retracement level right below the dashed line I put on the chart. This is the danger zone. Looking at the chart pattern we can see...
Its always interesting watching the perma bulls come alive when there's any single algo bounce; similarly its interesting to watch the perma bears come alive where there's any single algo sell-off. The game right now is simple: do not long until the Dow surpasses 26,400. If we do not reach this very key level, the market will come down, and come down quickly and...
We can see the Dow Jones Index (DJI) trading below EMA50 on the weekly. We have a chart that shows the exact path that we believe the DJI will take and it is playing out perfectly: We know that this index and the SPX move quite similar. And with the SPX now being super bearish, the DJI might follow. Support for the DJI is sitting at 25220, if this level...
looking for us30 to break 26281 & retest before going in for a buy.
little swing baby little
After FED minutes, only slight reaction followed yesterday. Now divergence on indicators near resistance level. If it breaks the neckline, then pattern is triggered. Good Luck!
The short term market consensus for the Dow Jones Index Futures have change to Bullish We will execute a Buy signal at 26279 with a Stop Loss at 25464 targeting 36128 NB: Forex and other leveraged trading involves significant risk of loss
Indices at resistance now, waiting for the push. FED minutes tonight should trigger the next move. Expectation is more to the downside, but minutes could surprise. Tighten stops from long trades. Good Luck!
"Let's Bail out the banks that gambled" - Federal Reserve, 2008 "Ok" - George W. Bush, 2008 "Let's send everyone to uni and push them into debt for the rest of their lives" - Idiots I mainly used the fed for my sources. I also used the site statista. The internet is so useless it is all mixed up and often contradictory, so I just stick to those... They...
*Yellow = 200 EMA | Blue = 100 EMA This video goes over the divergence between the DJ:DJI and DJ:DJT . Currently, the DJIA is trending upwards, setting new highs, and lows. However, contrary to this movement, the DJTA is moving downwards heading towards a trendline shown in the video, but could very easily break through that trendline. Why do I care? In...
Looks like 200ma is respected as always and doomcallers trapped in shorts once again. Don't underistimate power of US and Trump is my advice. BTFD with intesions to sell in December.
Futures have clearly risen tonight from a false report that Trump said he would extend exemptions from banning Huawei. However , he later confirmed in the most recent update to reporters around 5PM EST today, that this report was completely false and that his staff will issue a final statement tomorrow with a likely ban coming (and possibly an indefinite ban all...
due to reliance fomo it came down for support and if monday market makes movement and send this stock above 1340 than it will be a good recovery of this stock Head and Shoulder : it can go higher from this point if close above 1340 weekly trend line is there to push the upward button
Prices have slowed down upon reaching the previous structure (Blue) and continued downwards again after a brief consolidation. We can look for a pullback to short at the previous breakdown zone (Purple) Entry 25788.91 SL 25869.16 TP1 25696.81 TP2 Orange zone
I still think the bull market has another year or two in it. Largest bubble in history is a juggernaut and will wreck all of the shorts. Bear Trap.
Its no surprise economic data is beginning to falter around the world with yields becoming negative or being negative already; even during slight bounces, Treasuries fail to gain any considerable ground. Negative data continues to point in several sectors like the DJT and in Manufacturing (PMIs) to inevitably, recessionary. For those who are trading, it is...