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Dowjonesforecast

Disturbing Dow Forecast. YM could hit tubulance.Well, the Dow tracks transports right? Well not that many people are transporting things haha. This fractal was taken as a "bars pattern" of the first leg down. The 3 levels I choose are important levels where price will go to if we have a dump similar to the size of the last. How do I know that? The fractal taken was not modified at all and when attached to current price it hits my targets dead on. When using the fib based retracement/ projection tool, to make all the confluence even nuttier- I seem to have found a pivot at 1.00 that is so close to the other mentioned areas of interest it is just creepy. I hope this is not the case, but if it looks like it is- Here is a HTF long term roadmap you can use. Oh and including the second leg peak to trough is 50%.... Just Hoping for the best- Planning on the worst. Please like, comment, share, and ask questions guys. I promise I will get back to you in detail. ....If it is the right question..... The above is not financial advise and should not be acted upon because I was with Lucy meeting up with Kitty having fun in time tunnels when I made this. (Seriously) One Love.
CBOT_MINI:YM1!Short
by SKYLOBSTER
1
Dow Jones 30 Robust Demand| 3rd March 2020"I can calculate the movement of the stars, but not the madness of men." -Sir Isaac Newton The daily chart close with last week price in robust demand. This is the potential buying signal from the bear traders as the movement of the bull has been spotted on H4 with evening stars. The price closed at 25553.00. Would be advisable to put trade on the key above 24500.00 any price. I will look onto the chart on Monday open whether taking another more deep price before hold the long and adding lots. If this has not resolve on the fundamental week next week, would be the price to go below and sending it to 21555.55 to the market crash 2018. Remember, you can never have to enjoy the long term bull like you did before as the coronavirus is still in the background as the economy not recover yet.This is just the beginning of the crash sensation.This is just the beginning of a downtrend. By Zezu Zaza
ULong
by Zezu_Zaza
Dow Jones (US30) AnalysisThe chart pretty much explains it all. I've slid over the Fib Retracement so that you can see the numbers better (FIB drawn from 24DEC18 candle to current candle). I believe we will retrace to the 0.236 Fib level, which is 25162 or close to it. I also believe it will turn around at the R1 Pivot Point. This being said, my stance on the Dow will be neutral i.e. Range-Bound (down and up in a sideways channel). Surprised to see my stance is not "short"? Here is why: Right now, it can go either way. We are only in February, and we have a long way to go until the end of the year. We are only roughly 600 points from record, all time highs. In the short term, I believe we will stay range-bound, with emphasis going to the Short direction. The Fed's decision to slow/halt interest rate hikes have given us a boost. We have also gotten a boost on news of a China trade deal. Any change in these decisions can send the market wildly into a downward spiral (possibly a crash?). The VIX is currently at around 13, so the market volatility has calmed down drastically from its recent highs in the mid 20's. I also believe this will be a factor in the market staying range-bound due to low volatility. Let me know what you guys think, and what trades you are doing with the Dow! Hope this helps. Happy Trading, Zak
OANDA:US30USD
by ZakaryP
Will DJI make another all-time high after Christmas?Dow Jones Industrial Average has been progressing to an unknown territory for the last few months. The index made an all-time high at 24876.07 on 18 December 2017 and due to the holiday season, the index did not move much this week. Investors like you may be wondering this pair's movement in the following week. From a technical outlook, the index is still in an uptrend. Based on our forecast, if the bullish momentum continues, we could potentially see the index testing 25000 and if this level were to be taken out, the next level would likely be 25400. On the other hand, if the bullish momentum is to pause for a while to enable traders to take profits, we could potentially see the index retrace to 24580 as our first target level, and if this level cannot provide the necessary support, the index could potentially be retraced to 24480. Good trading NinjaSingapore 23 December 2017 DISCLAIMER Our research materials are provided for information purposes only. They should not be used or considered as an offer to sell or a solicitation of an offer to buy any securities. The research materials are prepared for general circulation and general information only. They do not take into account the specific investment objectives, investment knowledge and experience and financial situation of any recipient. Investors seeking to buy or sell any securities discussed or recommended in our research materials, should seek independent financial advice relating thereto and make his/her own appraisal of the tax or other financial merits of the investment. Any opinions expressed are subject to change without prior notice. Our research materials are based on information from various sources believed to be reliable. Although all reasonable care has been taken to ensure that such information is not misleading, we make no guarantee, representation or warranty, expressed or implied as to its accuracy, adequacy or completeness. We do not accept any liability whatsoever for any direct, indirect or incidental, special or consequential loss of any kind arising out of the use or reliance on the information in our research materials.
DJ:DJI
by NinjaSingapore