The chart posted is the NYSE and I have not alt one wave within the count and We have 7 golden ratio spirals in time pointing to a FOCUS Point the week of JAN 10 to the 18th 2024 I am LOOKING FOR A WORLD WIDE EVENT If you look at each one of the points The Markets had HUGE MOVES that started. We are now also above the monthly Bollinger bands in the dji ...
Dow Jones daily chart trendline breakdown.. it will might be go 38617. It's will be impact on Indian Share Market...
This is a bit out of my expertise. THe price broke above the pattern and reached the first target. Since then it's bneen a trenders market. Simply buying, holding and raising stop losses above in case the trend changes. They have their systems and strategies, and I'm just waiting for a Breakout pattern to form. However, the price is above both 20MA and...
I've been pondering this concept for some time now, and it directly challenges the prevailing Elliott Wave Theory's market predictions. I'm able to offer you an alternative perspective that aligns with a bullish outlook on the entire cryptocurrency market. This perspective stems from the AriasWave methodology, which suggests that correction fractal patterns...
The crypto market is booming, and experts predict Bitcoin might hit $200k soon. Recently, BTC crossed $57,000, surprising some traders who expected a dip. Stock trading remains steady, with investors waiting for Thursday's PCE index report to guide their decisions based on inflation indicators used by the Federal Reserve.
US30 continues to appear bullish to me, and I anticipate a temporary retracement to eventually mitigate the daily demand zone I've identified. Within this zone, there's also an Asian low that I expect to be taken out through a spring from a Wyckoff accumulation. Once this occurs, price would have reached the refined 10-hour demand zone, where I plan to enter buy...
Today, we're taking a closer look at the Dow Jones Index, specifically the E-Mini Dow Jones Futures. It appears we're in Wave (2), overshooting the target and forming an Expanded Flat correction. If there's a turnaround here, typical for such waves, we might see a correction somewhere between 50% and 61.8%. We consider more than 78.6% unlikely, so we're betting on...
US30 has been in a major bearish divergence from Jan 2018, I think march 2024 will be a month of correction (10%-15%) and then a pickup from April 2024 all the way to September/October when I think the market will hit the top for the US30 that will be around $44,200. - Monthly MACD (Bearish) - Monthly Pekipek's Divergence BETA (Bearish) - Monthly RSI (Bullish) -...
Dow Jones Index is currently retesting a recently broken horizontal resistance. Because the trend in strongly bullish, a buying wave may initiate from the underlined blue area. Our confirmation will be a bullish breakout - 4H candle close above a resistance line of a bullish flag pattern. A bullish continuation will be anticipated to 39080 / 39200 levels...
Pull back! SELL Now ! 80+ pips on GJ GBPJPY has made a clean red candle below the support. Now that GJ has retested support and rejected it with a nice red candle we can take sell entries. Watch as GJ is near the weekly resistance . This zone has also been confirmed, so we can see a rejection to test previous support areas tp 1: 4hr and daily support tp 2:...
Dow Jones (DJI) is approaching the top (Higher Highs trend-line) of the the 1.5 year Channel Up, while flashing a very unique medium-term sell signal. That is the 1W MACD Histogram, which is declining, a Bearish Divergence that during that period of time, has initiated 3 declines of more than -9% each. Given the fact that the current Bullish Leg of the Channel Up...
By checking the EURUSD chart, we can see that the price is currently trading in the range of 1.083, and if the price can stabilize below this level in the 4-hour time frame, we can expect the price to fall to lower levels! Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend...
Outlook for DJI on 3-day chart. Lower-degree wave (4) has already been completed and the final wave (5) has started. I think wave (5) will be completed soon, and upper-degree wave (b) will also be completed. The next phase is upper-degree wave (c). It will probably crash.
Hello traders as you can see US30 has been on a bullish trend in the past week and months, it created the ascending triangle pattern that signals the bullish continuation and the price broke above the pattern so now we have to wait for the pullback into that zone and look for bullish trades after the price has created reversing pattern on that zone.
Based on the analysis in the 1-hour timeframe, with the breakout of the resistance level around 38,900, it is possible to initiate a buy position with a target of 39,170. Stop Loss: 38,640 On the other hand, if the price breaks below the range of 38,640, a decline towards the range of 38,300 can be expected. Stop Loss: 38,900
Outlook for DJI on 12h chart. I will update my ideas from last time. I think we are on sub-wave 5 of wave (5). This sub-wave is the last motive wave. If this scenario is correct, upper-degree wave (b) of c will be completed soon. The next phase is upper-degree wave (c). It will probably crash. Last time my idea. ■Feb 10, 2024. middle-term analysis. ■Jan 27,...
Dow Jones has turned neutral on the 1D technical outlook (RSI = 53.990, MACD = 135.700, ADX = 29.049) as it crossed under the 4H MA50 and is on a lengthy consolidation phase inside the two month Channel Up. The 4h RSI is on a Bearish Divergence, which doesn't mean much unless the 4H MA200 breaks, as the very same divergence emerged during the December - January...
EURUSD is still in a downtrend, experiencing expanding corrections along its path. Watch for a rejection at the 0.5 Fibonacci level, then move to lower timeframes for entry. Once entered, your stop loss should be placed above the rejection candle, targeting the recent lows and the -0.27 level.