The DOW Jones at an interesting spot. Making on call here might depend on how the market responds to a variety of news catalysts. I have noted some upper and lower targets if we continue to range, so some trades can be had. I also have a green buy zone for longs and red zone for shorts, albeit a fake out could easily wreck either, so keep an open mind. We are at a...
We hope you all have had a fab weekend, before we begin this post we want to bring you attention to the related posts that can be found below, each of these posts is directed at video education on specific trading topics with each of them being useful to new or experience traders!
Moving back to the post about DJ30 / US30:
We are clearly in some...
Since Covid's Low 28 signals !!!
Volume Weighted Average Price (VWAP) is a technical analysis tool used to measure the average price weighted by volume. VWAP is typically used with intraday charts as a way to determine the general direction of intraday prices. VWAP is similar to a moving average in that when price is above VWAP, prices are rising and when price...
We got some targets to the downside. I shorted in the upper $34k range, I think we should bounce on or before 33200. After that , who knows. Fed is going to hold or lower rates... Not financial advice.
I think we could see a retrace here on the DJI, just a very quick observation on a quick and dirty chart. We are at the top of channel, RSI is topping out and MACD seems to be crossing over. This is anything but financial advice.
AS I POST PEREVIOUSLY ON TRADING VIEW ( GO CHECK IT 13 MAR ) , THAT THE BEST ENTRY IS TO WAIT ANY KIND OF RETESTING AROUND 32077 THEN GO LONG ANOTHER TIME , HERE'S THE PRICE START HIS BULLISH UPTREND AGAIN ! HAPPY ERANINGS !
We recently went short Silver (XAGUSD)... we dont see a GME on it... Infact we think the hedge funds might just pull a sneaky on everyone!
Anyway our shorts are locked. Moving on to US30 long.
We see lots of potential for a day trade profit on this one. We have a bullish continuation pattern indicating that we could see a strong push up.
BUT! When price comes...
Please check out previous related ideas below.
In this video I go through the waves and what we are seeing unfold in this market.
There are only a few minor waves left before the completion of the entire move up since 2009.
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We're looking to get into short positions on WTI and US30 (down jones), our system indicates that we could see price action move lower once the levels listed (fibonacci retracement) are reached.
Trades can fail, and many times they do, so trade at your own risk, but if we could give you a tip it would be this:
Start using structured position sizing, the way we...
The DJI is looking like we have a gap to fill up above us, and futures are indicating it will happen soon. I am predicting a continuation to the downside after reaching the 27,460 area. I believe this could play out over the next few days. This is not financial advice.