Dow Jones continues to show strength, it's a slow mover as volatility is low for value stocks. - 3rd wave's peak may or may not have reached yet, but either way still has a 5th wave to complete before correction. - Green parallel zone represents bullish impulse still in place, upper line acts as resistance and below line also represents trend line of support. Enjoy!
The Dow Jones has been relatively quiet for the past couple of weeks. Our primary expectation is that the course is going to decline and dip into the target zone with the coordinates of 32850 – 32430 points. From there, we expect the course to increase again and reach new all-time highs. As long as we are above 33646 points, however, there is a 45% chance that the...
... Sure looks like it. - Especially since a ~70% decline here would be nothing more than just a garden variety return to the historic mean.
1. Stocks are historically expensive The stock market could crash because equity valuations are historically very pricey. As of Dec. 29, the Shiller price-to-earnings ratio for the S&P 500 -- a P/E ratio based on average inflation-adjusted earnings from the previous 10 years -- hit nearly 34. That's more than double its mean and median over the past 150 years, and...
DOW on the 4h chart is moving near to the at, after that last retracement the market tested a previous support. According to Plancton's strategy if the price will break above and the conditions will be satisfied we can set a nice long order. ––––– Follow the Shrimp 🦐 Keep in mind. • 🟣 Purple structure -> Monthly structure. • 🔴 Red structure -> Weekly...
... And that's without even the currency differential factored in! (... which should add an additional +8%-13% to the down-side.) This spread currently sits right at the Quarterly Pivot. As it stands, under even the most unlikely circumstances (worst case scenario) this spread, the Short DJIA / Long Nikkei225 , is a 4.5:1 R/R trade. A trade that anyone should...
33800 is an important support line for us30. If Dow breaks this area, which also means that Dow breaks Kumo cloud and we will probably see lower prices for US30.
New highs for a few more years and then a big crash coming.. The chart speaks for itself.. (Eliott wave) This is not an investment advice.
It's just an idea. Don't let it change your mind and your positions.
Resistance targets for the week of 3/15 Support areas for Black Swan event(ex. installing Kamala, Biden indictments, Covid 21
Chances are good that the Dow Jones does not stop at 34000 points and crushes through that zone like Shaq used to do back in the day. If the Dow manages to also crush the resistance at 34336 points, our alternative scenario will prevail and bring even higher quotations. In our primary scenario, however, we believe that we take a long road here and that the Dow...
hi this is my view on dji. the next move on this index.nedd some ritrace from high.i drow the line for posiable move to next
The Dow Jones is going to experience its biggest crash in history in just about a week. No, we’re just kidding. It’s April Fool’s Day, folks! In reality, we expect the Dow to further grow and expand all the way up to regions around 34000 points. After a short correction, we are set to tackle all-time highs above that level, too. Happy Easter Holidays!
Buyers are now getting weak . Profit booking started by Big Players. Short Sell Dow Jones. Now Bulls traped on each level. April month will in the name of Bears.
Using technical analysis and leveraging the predictive power of Pitchforks, we have an overlay of Fibonacci and Pitchfork Warning Lines in an area for a potential reversal of the $DJI... This 'Energy Point' could be achieved in May 2021 (potentially). History repeats itself. See past bounces off the pitchfork over the years.
Nice retst of previous trendline and resistance-zone could cause a drop here! WATCH OUT - Powell is about to speak today, so everything can happen! ;-)