Dow Jones Industrial Average Index DJ:​DJI

This just could be the beginning !!

On the left we look at the Dow on the daily chart. My current and very reasonable wave count is that we have seen 2 abc-waves and therefore we are currently in a flat correction. The next sign is the high volume on the downdays which shows that there is fear in the market. And when we look at the cloud we can clearly see that we have no clear trend at least not on ...

After the trade war started last Friday it's possible that this week there might be a strong bounce due to a short squeeze. The move higher could start on "Turnaround Tuesday", after more declines on Monday this week. Support could be somewhere between 24550 - 24650 this week.

Moving Average 5 is applied in Daily Chart. Whenever we get 2 closes above 5 MA the market goes up . Same way 2 closes below the 5 MA the market corrects/falls. The rise and fall target depends on the resistance and fall at that time. The best minimum target would be preferably the BBs (in daily chart) and 200 EMA. in 5 Min and Daily chart. Marking given to ...

This simple RSI-MA long/short algorithm beats the Dow by a FREAKING HUGE margin over the past century (excluding dividends and trading costs). The algorithm uses a fast SMA of the RSI as a buy/cover signal and a slow SMA of the RSI as a sell/short signal. Backtest period = 09/17/1916 - 11/02/2015 DJIA = 98 --> 17,830 = +18,094% = 5.38% CAGR Algorithm = net ...

DOW JONES reversal to downside after wedge completed Greetings

Introduction to Market Cycles Lesson One Markets are more predictable than you and I have been led to believe. We have been told that historical data cannot be used to predict what will happen. But is that statement actually true? Answer -- YES and NO. It is not a lie. Even with the best techniques of technical analysis and analyzing the repetitive and ...

1st close below 5 SMA done. today 2nd Close below 5 SMA confirms the fall to D. and move up inside the channel line.

A medium-term sell signal on DJ30

A bearish gartley with RSI BAMM confirmation completed on DJI.

I wouldn't touch the US stock market with a ten foot pole right now.

A potential high will be seen on Jun 15 The bull cycle lasts for 1026days till the date

I've been expecting the stock market to take a pretty signficant hit for quite some time. After finding this pattern, it seems like it might have one last bull-trap left to finish off this Gartley pattern and almost definitely making it's way down. A lot of the smart money that hasn't already moved into cryptocurrency should start doing so at this point, after ...

This is just a rough drawing, if i find time after the crypto finishes popping I may do a more detailed look at the DJIA (or i may do it tonight lol) but I just wanted to put something on paper down to start with....Enjoy!

Yeah thanks Fed. ECB next on the grill. Look for fairly sharp pullback to DIA 247 area, where strong support reaching back intersects the old downtrend. Dunno if the flag will keep waving or another bad break could come up- very dicey now. This is the end of Elliott wave V (leg 3). In My Humble Op, with 4 hikes looking at Fed funds rate near 3% >>> that's the ...

For you investors out there.

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 ...

This isn't good as my purple weekly line has been penetrated to the downside and closed underneath! Fib support is a long way down! Expecting a bounce before the downtrend resumes, but absolutely no guarantees!