Democrats and Republicans remain at an impasse over new fiscal aid. That will help US30 to rise in the short term. But poles shows that Biden is ahead of trump. If Biden will stock market may drop again. During Covid-19 and Trump administration us30 raised a lot. and trump is stock market-friendly. In the case of trump losses, us30 may suffer a lot.
Day 3 of holding a big boy short on the dow and everything is going as planned.
Ema dots, custom rsi, custom candles all red shifting trend.
If this is wave 5 I think we should be in for a good size selloff.
This is a daily chart. Would love to see this close red.
How are your trades going?
Well here is another opinion that can tell the story of the DOWJONES STOCK,
in the weekly analysis we can tell that there is a high probability that the market will go down to test the green trend values,
Please share with me your thoughts,
💰 LET'S GET INTO SOME DOW JONES ANALYSIS!💰
1️⃣ First off SMASH that LIKE BUTTON & Give us a FOLLOW for DAILY ANALYSIS! 👍
- The 3 day is starting to show signs of blood as it is the first start to red since the bottom.
- I've been bearish on a lot of my post for the longterm approach.
- DJI been short since 26,990. The close at the end of this week will tell...
💰 LET'S GET INTO SOME DOW JONES ANALYSIS!💰
1️⃣ First off SMASH that LIKE BUTTON & Give us a FOLLOW for DAILY ANALYSIS! ❤❤❤
(Overall Market Sentiment) 🐻 Bearish
- I have been tracking this big boy heavy lately as I do hold a short from 26,990 area. I let the most recent coercive way push back up and held onto my position because I wanted to see if the longterm...
🥇 We are now testing predicted next major support levels from previous post below in related ideas.
First off. If your objective is to trade large timeframes like the 3 day then you need to be willing to absorb noise in a market. If you are going to trade a large timeframe you have to cut out your emotions and let it go. You will never become a successful swing...
👌 Well, Well, Well.... she seemed to of had a rough Thursday just as we expected it to have.
The main upward support level has been breached, which is not a good sign.
What we are looking for next to be test and try to hold is not not too far away.
25k-24.6k as I have it label as a key level of support.
We took this position on a 3 hour timeframe as the...
Double top on the Dow, has failed thus far to reach the 61.8 retracement level in hopes of the market making a recovery, According to the wall street cheat sheet id say we are between the "Complacency and the Anxiety" stage, Its just a dead cat bounce IMO, Although some restrictions are slowly easing in some country's, the world is in turmoil, the recession as we...
This post is for all the day trading junkies out there. I am showing the 30 min time frame with a cross over to the downside. If I double that timeframe and go to the hourly, I'm at a tipping point in thr market. We would enter to short till 30 min and hourly line up to go back to the upside. We are putting our money on red. We will watch closely on...
Keep an eye out for this analysis. Looks like a black-hole below, lets see what we do in the next months or so. If we can re-claim what we lost above or if we reject and lose the low that we made, then we'll keep seeing lower lows.
Catalysts for bull runs have been seen including symmetrical triangles, and three clear bullish divergences. A broadening wedge within a broadening wedge is present, these 52% of the time (according to bulkowski's chart patterns) result in a breakout downwards. Most often this chart pattern is found in bull markets. A clear cut case is the DOW. Going off purely TA...
"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...
Simple head and shoulders pattern. May lead to a correction in stocks, but too soon to tell. Certainly a correction is coming unless the Fed pumps the market with so much liquidity they are forced to buy the dips!