We have to wait for the next ABC pullback. When we have a clear ABC, we can go long again.
We have to wait for the next ABC pullback. When we have a clear ABC, we can go long again.
We have to wait for the next ABC pullback. When we have a clear ABC, we can go long again.
The DOW looks bullish and might be preparing for a Wave 3 to the upside. However, the minimum requirements for a Wave 2 to the downside were not fulfilled. As long as we do not take out the Wave 1 high, it could be that we still make a new low as a Wave 2.
This is a trimonthly (MN3) chart of DJI. Including 125 years of history, ALL that we have of it. It has taken DJI 35 years to reach this giant resistance. From the mid-channel in 1988. The divergence and weakening of momentum is obvious. This is a closer look: I don't see how it can cross this resistance before falling a great distance down. It is not...
A pullback is ongoing in the lower timeframe. We see an opportunity for a long trade.
A pullback is ongoing in the lower timeframe. We see an opportunity for a long trade.
A pullback is ongoing in the lower timeframe. We see an opportunity for a long trade.
A pullback is ongoing in the lower timeframe. We see an opportunity for a long trade.
The DOW looks bullish and might be preparing for a Wave 3 to the upside. However, minimum requirements for a Wave 2 to the downside were not fullfilled. As long as we do not take out the Wave 1 high, it could be that we still make a new low as a Wave 2.
Although the DOW looks bullish in the higher timeframe, we expect a pullback in the lower timeframe. We see two areas where to go long. Traders can choose a shallow retracement (wave 4) or a deeper retracement (wave 2).
Although the DOW looks bullish in the higher timeframe, we expect a pullback in the lower timeframe. We see two areas where to go long. Traders can choose for a shallow retracement (wave 4) or a deeper retracement (wave 2).
Dow Jones is taking a breather near the resistance at 34 363 points, showing (again) a distinct response to this mark. Soon, though, the index should resume the ascent to develop the top of wave (i) in blue, which should then initiate a prominent downward movement. However, there is a 30% chance that Dow Jones could drop below the support at 32 246 points,...
Although the DOW looks bullish in the higher timeframe, we expect a pullback in the lower timeframe. As presented yesterday, traders should be long now and protect their trade. In the case of a complete structure, a deeper retracement is possible.
Although the DOW looks bullish in the higher timeframe, we expect a pullback in the lower timeframe. Traders can initiate a short (against the higher timeframe) or go long after the pullback (aligned with the higher timeframe).
Although the DOW looks bullish in the higher timeframe, we expect a pullback in the lower timeframe. Traders can initiate a short (against the higher timeframe) or go long after the pullback (aligned with the higher timeframe).
The DOW looks bullish and might be preparing for a Wave 3 to the upside. However, minimum requirements for a Wave 2 to the downside were not fullfilled. As long as we do not take out the Wave 1 high, it could be that we still make a new low as a Wave 2.
Although the DOW looks bullish in the higher timeframe, we expect a pullback in the lower timeframe. Traders can initiate a short (against the higher timeframe) or go long after the pullback (aligned with the higher timeframe).