Dow Jones Industrial Average Index
Hello. Several days ago, we notice that the price is in an uptrend, so I expect that the price will continue in the previous trend after a slight correction. Finally, do not forget to consult, We wish you all good luck Do not forget to leave your like and opinion in a comment.
Reversing the trend vigorously and we got an upward trend and the very strong resistance was penetrated.
The chart: Shows an index average for SPX, NAS and DOW using rescaled CFD and futures prices. Indicator is a momentum oscillator (midline) with an envelope much like a Bollinger band. The paradox: The consensus is the chart is a picture of 'doom' (as bearish as it gets). At the same time, every trader in the chat room was bullish on the upcoming...
dow reach red fibo 161% (seller target) in coming days ,looking for buy with SL in pinbar low with minimum tp= 32600 or 34000 , dont close it soon ok? if pinbar low break it little can go downer , we must buy it nnear 29700 and hold it 10 day to high goodluck
On the H4, with price expected to bounce off the stochastics indicator, we have a bullish bias that price will rise to our 1st resistance at 31835 where the 23.6% Fibonacci retracement from our 1st support at 31167 in line with the horizontal overlap support and 50% fibonacci retracement . Alternatively, price may break 1st support structure and head for 2nd...
On the H4, with price moving below the ichimoku cloud , we have a bearish bias that price will drop from our 1st resistance at 32553 where the 50% Fibonacci retracement is to our 1st support at 31294 in line with the swing low support. Alternatively, price may break 1st resistance structure and head for 2nd resistance where the 78.6% Fibonacci retracement . Any...
Short Term Elliott Wave View in Dow Futures (YM) suggests the cycle from April 21, 2022 high is unfolding as a zigzag Elliott Wave structure. Down from April 21 high, wave (A) ended at 33015 and rally in wave (B) ended at 33968. Internal of wave (B) is unfolding as a zigzag in lesser degree. Up from wave (A), wave A ended at 33611, pullback in wave B ended at...
On the H4, with price moving below the ichimoku cloud , we have a bearish bias that price will drop from our entry at 34078 where the 161.8% Fibonacci retracement is to our take profit at 33354 in line with the horizontal swing low support and 61.8% Fibonacci retracement . Alternatively, price may break structure and head for stop loss where the 61.8% Fibonacci...
A 2 year scenario projecting the financial crisis of 2008-2009 into the future Chart (W, LOG): Stocks: The averaged futures for SPX, NAS and DJ were weighted so that a 1 point change will imply the same change in $ terms. (For weights see www.barchart.com 200MA, 50MA, and 21MA Today's price and date: at the intersection of the cross. Financial crisis:...
US30USD YM1! DOW 2022 MAY 23 Week Last week scenario2 test and reject short was good. Play scenarios mapped out: 1) Test and reject 32167 or supply line of channel for short 2) If market reaches 29523, wait for price reaction as it was previous resistance turned support Price reaction levels Short on Test and Reject | Long on Test and Accept 36446 ...
Short Term View in Dow Futures suggest cycle from 5/5/2022 high is unfolding as a zigzag Elliott Wave structure. Down from 5/5, wave A ended at 31148 and wave B rally ended at 32695. Internal subdivision of wave B unfolded as a zigzag structure in lesser degree. Up from wave A, wave ((a)) ended at 32201, and pullback in wave ((b)) ended at 31778. Final leg higher...
Percentage Outlook depending on news. We shall see if we start the week high on Monday and Tuesday then we will access.
looking for low size buy and hold your buy until fibo 61% 33000 put SL in yesterday low , personaly i belive dow will see 33800 in next 20 day good luck , dont close your buy soon
On the H4, with price moving below the ichimoku cloud , we have a bearish bias that price will drop from our 1st resistance at 33114 where the pullback resistance and 23.6% Fibonacci retracement is to our 1st support at 32559 in line with the horizontal swing low support. Alternatively, price may break 1st resistance structure and head for 2nd resistance where the...
Dow futures reversed on us along with the broader markets this past week, finding support at the ORANGE channel. We had an idea to short the Dow, but it had gapped against us, I'm not a big fan of chasing price action, I prefer to let it come to me. Had you employed the same, you were saved from suffering a loss from this relief rally. The overall trend remains...
Bullish GARTLEY Price need to follow GREEN TREND LINE and hit Target 1 & 2 , else if Price BREAKS RED TREND LINE is EXIT POTENTIAL BUY
On the H4, with price expected to bounce off the ichimoku cloud, we have a bullish bias that price will rise to our 1st resistance at 32696 where the swing high resistance is from our 1st support at 31886 in line with the pullback support, 78.6% fibonacci retracement and 61.8%% fibonacci retracement. Alternatively, price may break 1st support structure and head...
Wait for price to take out the short term low and then trade into the fair value gap (ICT) I will personally trade this as a short term trade with SL above the high at 1% risk