Dow Jones Industrial Average Index DJ:​DJI

Submitted for your consideration and amusement. At the signpost up ahead- the next stop: the Twilight Trading Zone. The Century TL reaching back to 1915 before US entry into the Great War, projects true US equities valuation at a nominal PE. Absent FAANG inflation and PEs discounting earnings until the 22nd century, Dow fair value is a little over 2k. A 90% ...

Just an idea. Not sayin this is goin down like this but I'm afraid it could play out this way. Breakdown thru the neckline will signal sell. Rejected retest will confirm it. IF this goes down, then the bull is over. Prices are just darn high. Stupid high. Fear may soon overcome greed; if so, hope will be dashed. Here's a Forex link for the pattern. Break ...

Looks like a double bottom forming or can be a lower lower low.

At top resistance now, possible bearish butterfly $FXI, $SHCOMP

"I AM NOT A PROFESSIONAL. DO NOT TAKE WHAT I SAY SERIOUS" I think if the right shoulder forms today "19-Oct-18" then we'll see a dip to the mid 24k range on Monday the 22nd

Dow Jones story continues to unfold as discussed yesterday as the indice drops around 400 pints from 25800 levels. We again present the probable wave counts for hourly chart which could be suggesting that Dow is unfolding its lower degree wave v at this point in time. If the above counts hold true, we could see prices dropping lower towards 24500 levels at least. ...

Currently the DJI is recovering from its previous run. As such, an opportunity would arise soon in the equity market. The DJI has entered Wave 5 and I believe it would fall to the levels outlined on the graph. As such, traders who like to trade Wave A have the perfect opportunity to do so. Furthermore, historically the DJI has always risen, so even if this ...

There is a negative divergence for the RSI; also it seems to form a head and shoulders pattern. There is quite a probability that monthly candle might form an engulfing bear, if you see that, it is a good sign of entrance to bear market.

We doubt that there will be much bear move at this point, but we shall continue monitoring the price movement before making any decisions. Dow fell last week and got some price rebound off the supply zone. Yesterday, we saw it moved around 300 points which was more than what we expected. At this point, we still have a slight bull bias in the near term but it ...

DOW JONES DJI - Connect the dots Keep in mind that I am not your financial advisor, with that said below is my quick analysis which I have done on my previous chart, but if you have not read it already, it will still be relevant In recent weeks, October 10-11 to be exact we have observed an over 1200 point drop as interest rates have risen. Do you think it was ...

We have strong break down the Rising Wedge pattern and we need to drawback up before drop more. Good luck ! Smart invest !

We got a symmetric triangle in the 1hrs on 10/17 with arrowhead exactly on the 0.50 Fibo retrace line. Pretty spooky and not yet Halloween. In chart an ABC EW correction wave shows a suggested pattern IF this Dog is gonna lie down again it will be soon- make or break. Seems an unlikely coincidence that we got a stalled rally exactly at 0.50. Call me crazy ...

Dow is due for a correction here, can see sub 19,000 easily in my opinion

In recent weeks, October 10-11 to be exact we have observed an over 1200 point drop as interest rates have risen. Do you think it was just an accident? Well many will tell you YES, it's just a short term downtrend, but what did many 'analysts' say? They said that this is a 'short' term correction. What is our 'key phrase' here? 'Short' term. When it comes to ...

Trade Happens Once every 10 Years. 100% Track Record Since 1900. Provided By Jake & Elliott Bernstein @ 2Chimps.net Good Trade To Put In Your Journal... See Chart Description for Specif Rules and Downloadable PDF written by Jake Green Line = January in a year that ends in 5 Blue Line = December in a year that ends in 5 Rule - Monthly Chart. (See PDF for ...

Check the related ideas for a description of the cycle. The market reached all time highs as expected with less momentum, if we are in the "upwards consolidation" period we should expect a pullback soon. I'm taking profit on the previous long and waiting to buy lower

Similar pattern like y 1999-2003 , Dow to Gold ratio is now above 20

We are presenting a short term (hourly chart) wave counts today, after having seen the daily charts earlier. Please note that Dow has broken below its immediate line of support on the hourly view, and it has also taken out initial support at 25000 levels before pulling back. The indice is seen to be trading around 25700 levels at this point in time and is expected ...