YM (DOW 30), 4 Hour, Indicators: This is what I need to see turn to get confirmation on our short position up here. The 4 hour is still locked in "embedded" mode on the slow stochastic. My bet is that this is going to come off "embedded" and in the process swing back to the middle of the Bollinger band. . . if that happens, that would take us back to 39921 . . ....
US30, Daily failed to close below previous structure & we have a nice change of character on the 4H, I really want to see this channel break out to the upside, we have an unmitigated zone down in the lower demand (Which price could target before this move potentially happens just above the gap that's not completely filled yet) Will be trading this in both...
US30 - Waiting to see what price does, currently in a PRZ but looking like it's going to break that level and head up to the next supply zone, SPX looking bullish too (Failed to break the previous low), let's see, waiting for confirmations, ideally looking for sells today after the HTF BOS yesterday, if price breaks down and we get failed lows/breaks up rejects...
US30 - Looking for rejection from the demand zone close to the swing low tomorrow before a potential up-move. If the swing low breaks we could continue down, but I really want to see a strong up-move first if price does continue down on the HTF, to clear that imbalance created at the beginning of this month! Let me know your thoughts! * Disclaimer ** These...
US30 - Potential Crab Forming, looking for a bullish push up to the 78.60 to wipe out liquidity before a potential sell off/downtrend continuation. Let me know your thoughts! * Disclaimer ** These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving...
US30 - Bat almost complete, this is a retracement so be careful with your lots, but after the last BOS, the bullish dow and other confluences, I'm looking to swing this up to the Daily S/D which is a .886 pullback on the Daily TF, then i'll be looking for reversals as that area is a very nice looking PRZ. * Disclaimer ** These ideas I never trade until the end...
I have been watching this consolidation after nailing my short target. Having formed a nice triangle we can see that this is actually an flag, which would put the extrapolated move somewhere around $38K. We have nice buyer support with momentum to the upside. NFA, DYOR
Dow Jones #DJI is bouncing of the 200 DMA after Doji reversal candle. Exit or reduce short positions! Disclaimer! I´m not a financial adviser. For educational purpose only! You can use the information from the post to make your own trading decisions. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
price is about to do a pullback on the resistance and the moving averages 209 and 369 period price should do what is supposed to and then go on it's way. pullback is probably is gonna be today at the opening of the market when volume is high
US30 - I'm expecting a bullish push today based on price action, currently sitting on a .786 retracement on the Daily. I have multiple entries here both with a nice confluence of events at each sharks D point with plenty of imbalance to fill above. If the daily low breaks I will start looking for shorts. Let me know your thoughts!
What people have not learned about the Bulls? They keep on COMING! Ever seen a cow studded by a man bull? Just watch out for the pointy end! But seriously, everyone doubts the dow. Might as well spell the next short "DOWnt" because Bulls are still in control of the weekly chart. Take Profit May 2021 40,000
As things stand right now, the Dow Jones is still indecisive in the sense that the bulls on this market were not strong enough to push for new all-time highs. Most importantly, the Dow needs to cross the resistance at 35000 points in order to show us that the following movement towards 36401 points is in full effect. Once this mark is reached, we face another...
We take a long position due to Ascending channel Strong
I believe we will have a very bullish November after big tech reports earnings. I think Trump has a decent chance of winning which will cause stocks to rise. To be honest, the selling off caught me off guard. I believe we are now in oversold territory. I see a double bottom here. COVID: I don't think the U.S will close because that will just be absolutely...
Technology grows at an exponential rate. If you don't understand then you'll be a bear. Trend is your friend. V Shape Recovery in-tact. Things to watch out for: 1) Breaks above pink lines means market has gone into exuberance like it did 2nd week of June. 2) Breaks below pink line means market is oversold and will have a large move upward. Should be some kind...
🤔 Will the stock market drop or fly high... Let's take a look! What is the big V pattern and what does it represent? I want you to focus on the structural support that we have drawn out connecting the 3 green arrows bottoms. This is a very key level of support that we want to take very seriously! We are all aware of the massive market selloff that we had in early...