Potential bearish outlook for the US30. Momentum slowing down, resistance at 25500. On the other hand, price strongly respected the 25000 mark, so let's see if that holds.
Here we have a potential bull flag forming on the DOW . Something to watch... Market was pretty strong this week.
Strong 25000 barrier with early signs of momentum slowing down towards that level. Bear move expected soon. I'll keep this updated.
Lesson Two The market is more predictable that we have been led to believe. We will now study the effects of both the 17 year half-cycle and the 9 year half-cycle which are occurring at the same time. There are many other cycles or sine-waves occurring in DJIA and in other markets as well, but for now we will just focus on these two cycles. Please see the Lesson...
Dow Jones DJI The Dow was making a little continuation pattern as the last session ended. It still looks vulnerable whilst trapped within the pattern but it's sloping downwards so it still has a chance of breaking higher later. Whatever, it has to break above the upper small falling parallel to follow long back to 24879 initially and then on a break above...
The S&P 500 has experienced an incredible run ever since its low in 2009, surging from $652 to a top of $2869. That is an incredible rate of return totalling +340%. Or an annual rate of return just under 18% - and that still leaves out the return gained through dividends. I want to provide some word of caution in this post, looking at the graph and looking at long...
As clearly shown on the chart, the market is not in a downtrend as many may suggest. It has rebounded off of the underlying support line multiple times yet to break through. However, if it does make it through this point, it could very well go into a free fall towards the previous support dating back to 2016.
When you've been in the crypto space for some time one is probably familiar with the analogy "bad tech". Pointing towards the big upswings followed by often huge selloffs in Bitcoin. Well, today my friends, we have an example of actual bad bad tech, the hyper bubble, bubble of all bubbles: the stock markets. - There is no reason, to be upset my friend.
The market's current instability is due to talk of "trade war" with China. However, the support line as shown has rejected the fall two times so far. Unless the market breaks through, you can continue expecting an upward trend.
We've held on the high VA action area. And more buyers have come in. A break out of the current triangle and the move up to 27,000 will come.
Everything is fine, nothing to see here, move along All natural :D
It is very possible for the Dow to test the lower boundary of the sensitive triangle. And if it goes as predicted in a head and shoulders pattern, a huge correction is for sure.
DWJ lower high, correction incoming? Reason for new crypto bull run?
Hi guys , can u tell me why the volume decreased 1996 instantly? And why it increased 2016 instantly again? Im new, so is there some sort of manipulation at the recent increase ? Thank you
More upside to go. price is at a no man land. I would not look for any trades at the moment. Too late to long , too early to short. At least 26k before we have some possibility to short Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities...
Retest of yellow resistance. Failure to break creates a double top, straight into the dumpster you go.
After a bigger correction there will be a further high.
Elliot Waves Signal: Buy - 23520.0 Take Profit - 23950.0 Stop Loss - 23400.0