Based long on the end of the end for the short sellers in Dow Jones Industrial.
Based on EMA Moth and RSI Day.
Possible V-Wrap or minimum correction before entering new lows.
Target 24.990 for the next huge resistance long.
RSI sees no lower low on day base! Everything else is mathematical illness.
I have a lot of thoughts to express, so I apologize if this is rather long. Since my first DJI analysis and short setup, we have dropped a good 14%. There was a chance that we could rally higher, sort of like we did before the Great Depression, but we've broken the bullish structure. Until we see any movement above the 26000 area, we can assume we will be in a...
Good afternoon traders!
If you read my economic collapse prediction on October 4th, you would have seen the swing high failure on the RSI as well as the sell volume that accompanied it with a prediction that the double top would result in a massive sell off.
Well, here we are... 16% down and panic starting to unfold across the board.
I'm still short the dow...
Top resistance line formed from the top of the 1929 bubble and the support line formed at the bottom of the bubble in 1932. Both lines have held support and resistance since then, with the most recent support touch in 1982 and recent resistance touch in 2018. Due to major bearish divergence formed from Apr 1998 to Jul 2018, the support line may be touched again at...
The red cloud means sell setups and green cloud means buy setups. We are sitting at 240 sell setups VS 100 buy setups, meaning bears are winning. Fundamentally, government shutdown might also cause the market to dumb.
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IN THE LAST 4 DAYS: Megalodon generated 233.97% -...
DJI is accumulating in a good manner. Volumes are growing constantly. Breakout level is far from been reached and completed, but the target is worth the dreaming.
The market has been walking on egg shells but with charts of emerging markets and with how most market indexes correlate I Do expect most markets to move higher from here. Gold Still appears to need one more move lower, WHY? look at all the commotion in the s&p500 and no real big spike in gold. The dollar looks like it needs one more move higher as well to be...
Since traditional markets have decades of history, I decided to diversify my chart idea holdings and throw some of usual tools on the Dow Jones to see what it said to me, and boy and am I glad I did guys!
Bullish as hell on this!
Layed out on the weekly, there's plenty of room for targets and movement without consulting fibs. At this point the price has been...
There's words on this post click images in comments
Correlation in previous posts = bad for bitcoin. A thread of this idea is in comments. I'm not leaning towards this happening but prepared.
![DJI: Putting the "OW" in DOW: Dow Jones [Inverse]](https://s3.tradingview.com/g/GTP4iU0l_mid.png "Putting the \"OW\" in DOW: Dow Jones [Inverse]")
