Technical Overview: - Dow Jones
Simple, whoever tells you short is selling you lies, you want to be on the safe side? stay bullish on US markets simple as that.
Wait for dips if they happen don't chase the market :)
Analysis is only 1 piece of the puzzle 🧩
Our analysis is a sentiment for the upcoming week, month.
Use this as a weather forecast, you are the...
The 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.
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.
Us30 making LOOKS more Bullish
making rising wedge on 1D and 4h Pattern
Resistance Levels are 36k and 36250
if these levels break then target is 37k
Now Entry Point is 36050 with SL 35850
In this index, we encountered 35688 support in the time frame 4 hours after the correction, and now we are in the range of 35980, which activates the close and stabilization of this number above the targets of 36260 and 36530.
Hey traders, in today's trading session we are monitoring US30 for a buying opportunity around 36050 zone, once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
I'm expecting a move to the downside to complete this ABCD pattern in $DIA.
The gaps below the market will act as price magnets, and the same measurement from A to B from C would fill the bottom most gap.
I love this setup, and I'm buying puts on various names within the index and broader market to play it.
We could potentially see the pattern continue to the...
Technical Overview: - Dow Jones
Simple, whoever tells you short is selling you lies, you want to be on the safe side? stay bullish on US markets simple as that.
Wait for dips if they happen don't chase the market :)
Analysis is only 1 piece of the puzzle 🧩
Our analysis is a sentiment for the upcoming week, month.
Use this as a weather forecast, you are the...
as we can the there is a bearish divergence between Price and MACD, which is the sign of trend reversal and we can predict the 61.8% of Fibonacci retracement as one of our TPs
so soon we shall face an other recession
how big this time. we shall see.
if 61.8% Fibonacci retracement stands then we may go for a bullish rally and if not and braked down then a huge...
My thoughts on the DJI (Dow Jones Industrial Average). I believe the roring 20's are duplicated in the DJI chart and that we are about to enter a huge recession in 2022. Dow Jones finally bottoming out around $5,000?
Technical Overview: - Dow Jones
Simple, whoever tells you short is selling you lies, you want to be on the safe side? stay bullish on US markets simple as that.
Wait for dips if they happen don't chase the market :)
Analysis is only 1 piece of the puzzle 🧩
Our analysis is a sentiment for the upcoming week, month.
Use this as a weather forecast, you are the...
The Santa Rally is set to start on Monday, Dec. 27.
This period gave positive return for the S&P 500 78.9% of the time.
Since 1950, the average return of the Santa rally was 1.33%.
How do you think this will be reflected in theDJI index?
The reasons could be optimism over the new year ahead or holiday spending.
We officially filled the gap on Friday, 12/17, because we had actually bounced off the moving average before we could fully fill it on Tuesday and Wednesday.
Gaps on equities will fill about 80% of the time, and then the markets tend to reverse 80% of the time after a gap fills.
We have gaps immediately above and below the market right now; I think that...
Hey traders, in this week we are monitoring US30 for a buying opportunity around 35300 zone. Once we will receive any bullish confirmation the trade will be executed.
Trade safe, Joe.
