Dow Jones
Dow Jones Industrial Average Index
Apple, Advanced Micro Devices Inc, Amazon Com Inc, TESLA INC, NETFLIX INC, Facebook Inc
S&P 500, Nasdaq Composite, Dow 30, Nikkei 225, DAX Index, FTSE 100
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
Gold, Brent Oil, Crude Oil, CFDs on Natural Gas, Palladium, Silver
we can bounce here and start drop to 26884 and start a new rally from there ________________________________________________________________________________________ Golden Trading Rules: Keep Trading in Perspective It is important to stay focused on the big picture when trading. A losing trade should not surprise us—it is a part of trading. Likewise, a winning...
Wow what an amazing jump! Does it mean the bears are back in hibernation? Doubtful. Boxing Day's record 1k rally was just an impressive a-leg of an a-b-c minor correction after a punishing 3rd Intermediate wave in the current bear wave. Trend is still Bear! Note in chart the abc pattern extension to 0.50 Fibo coincides with the 0.618 Fib retracement of the...
Chart says all. So many contributors with great ideas about what we might expect. Just my 2c. It never goes straight down but makes short squeeze traps along the way. The runup to 24k was a terrific squeeze, rejected at 0.50 Fibo- exactly. Be cautious, short the rallies, don't plunge as it swings wildly and can squeeze any day. Remember- gaps tend to get filled!...
Got a typical reactionary rally after breakdown from rising wedge. Price moves back to kiss TL then rejects into C leg. This is a minor shallow correction of perhaps ~3%; a pause on road to ultimate ATH. Gaps to fill down to 2949 on SPX will be the best yardstick for pivot. Buy all-in when price fills that gap IMO. Donald will make some deal with China soon as he...
It is mind boggling for me to see how many people just don't get it when it comes to capital flow. They don't look at the trends and seeing things that are obvious. In fact, they would rather try to time the market precisely and try to "short the top". They said that this is a bubble, the bubble will eventually pops and only Gold will go up. Well, Gold has been...
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...
DJI has extended the 1W Channel Up (RSI = 65.157, MACD = 519.030, Highs/Lows = 742.8189) that has previously provided a handful of trading opportunities (see bottom of the analysis). At the moment a Double Top is being formed on 1D, which since April has been a bearish signal, later initiating a decline towards the Higher Low zone (where the 1D MA200 always...
Elliott wave analysis says top of market was hit Nov 27, 2019. Rising wedge to end 5th wave of 5th wave of 5th wave now. Have fun:)
Hi Every one, So, it seems that the time has arrived for Mr. Dow Jones and other US Stock Markets. I am preparing some material to share in the next days, with the whole stock cycle since 1914 if interested, since i am specialized in cycles. I have indicated the measures expected at a 5D Chart. You may even see how Ichimoku Cloud is marking the landing point....
This is my Elliott wave idea about DJI. This idea is the same as the one published on 6th Nov. Now We are in sub-wave C (Blue) of wave Y (Black). Wave Y's formation is a Regular flat. Sub-wave C (Blue) in wave Y will end soon and switched to a new downtrend. Weekly...
No sentiment offered this time. Simply sharing interesting information surrounding market’s channel since 2008, recent wedge, and volume indicator’s similarity to March 2000.
High Probability to be in a bull trap. We could see blood in the streets very quickly if the blue trend line breaks. I mean a big red leg. So first target on contact of this support , if it breaks , we are going to 21,500 pts area and lower if the pattern is confirmed. Enjoy. :)
After stunning jobs reports so many fundamentals improved but still market did not made the required correction in order to move further and its very clear divergence with RSI and other indicators on longer frames but for time been we can expect bounce to latest ATH at 28175 or at least up Monday to test the right shoulder at 28090 . this move will be supported by...
Fib extensions, nice they are. "This time it's different!!!", we shall see. The 20's sure will be an interesting time to be alive, roaring? I'm not so sure about that. Just be hopeful that the catalyst required doesn't end you up needing to worry about how to stay alive. Upper regression = short index/ long vix . Break through the upper regression, well....I...
I lost my original chart on this so I'm publishing this one- I'll publish updates in tradingview going forward. Just an interesting comparison and similar pattern in the Dow Jones Industrial average from the 1960's-70's vs. the DOW today. We are at a similar place at the #5 count. I'm just dying to know if this is a real breakout or just a fakeout. I've been of...
Evolving pattern does not meet Gartly criteria of 0.618 AB leg. Batwing would have a shallow AB , usually 0.5 - 0.618, with 0.50 XB. Therefore it's a Butterfly pattern. Look back at Nov 2018 to see the Bearish Bat, which was imperfect in Fibo. Market tanked anyway, if it wants to sell, it will sell, regardless of the Fibo. Now we find ourselves in the...