I plotted some ranges and timeframes to get a better understanding how, in a worst-case scenario if history were to repeat itself exactly, when and how much we would tumble and fall.
Firstly, it showed that we could potentially go up as high as 320ish before the waterfall.
Secondly, the first drop, if like the March waterfall, could hit as low as...
One should always be aware of the Risk inherent within the markets.
Here we see the RSI is printing lower highs while the DIA is printing higher highs,
suggesting the Bull is getting tired of running uphill.
Stay Nimble and take care not take on too much Risk when the market is near all time highs.
Dave`s Aggressive Stocks @ GreenBridge Investing
Today the DIA opened at 314.77. Through the day it traded as high as 314.90 and as low as 311.60
Looking at the Bollinger Bands for DIA, you can see that DIA is trading in the upper, which is considered to be a bullish sign. Not sure how much longer it can hang on. With 2 hours to go, we will see how it pans out.
Looking the MACD indicator...
With the SP500, Nasdaq, and Russell each at all-time highs as of Friday's close, you would think the Dow would be right there with them; but it isn't. On its own, this doesn't necessarily foreshadow lower prices. However, as we add to the story there may be a little more going on with the Dow. Taken from the 2009 low around $65 (not coincidentally, the...
The great GME crash. Hedge funds forced to sell winners and crash the market to bail out their looser.
Could go as low as 10% down. Keeping a close eye on price action near historic levels and put walls.
Apparently standard deviation means nothing to the markets right now. Even 99.5% probability has .5% of possibility in it.
We are well out of the range of normal, whatever that means, as I attempt to illustrate in this linear regression model.
Perhaps we have another month before the disaster, but based on the significantly larger increase in price than the...
I'm looking to enter a Put Credit Spread on DIA with the goal of collecting $5-$6 worth of credit per contact with a $1.5 wide spread. I'll be holding till DOE with the intention of growing capital invested by a minimum of 5% for the week.
-Current price is: $308
-Credit spread sell strike: $290
-Current price to sell strick: 6.2%
-Is price trading above 50 day...
SPDR Dow Jones Industrial Average ETF Trust is exchange traded fund. Its investment objective is to provide investment results before expenses correspond generally to the price and yield performance. The company is headquartered in New York, NY.