My expectations are that earnings will come in much weaker than Q2 2018 because of the trade wars and consumer demand decreases. Yes, there will be some positive news, but I believe the markets will change dynamics based on forward guidance and Q2 earnings data, rotate lower and setup a sideways pennant formation that will eventually setup an August 19, 2019...
Earnings season is well and truly underway and thus far things are not so great, it was hoped that the financials could kick of a rally, but no. It has been a cavalcade of disappointments and unfortunately the FANGS are going to drag the market down in the coming days. Netflix has set the ball rolling with horrendous results while AMZN, FB and GOOGL have a every...
Trade Happens Once every 10 Years. 100% Track Record Since 1900.
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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...
Welcome all members from TradingView, today I public my opinion about Dow Jones Industrial Average Index.
After the last time for pull back, now we have many different vision for US stock market right now but in below is my viewpoint at this time.
This is not the first time I public my opinion about DJI and many time before I also notify for all you about...
So what it looks the same?
So what the herd behaves the same?
So what P/E ratios are the same?
So what political climate is the same?
So what the list goes on and on the same?
So what gold price is again at a historical low just the same?
So what professionals knew and took advantage anyway and now its just the same?
So what interest rates are just the same?
DJI is similar to SPX...
see: yesterday idea...
Main idea is expanding triangle pattern still in progress since TOP in JUN '18; now market finish D wave...
add: MACD negative divergence
Astro calendar remember: FULL MOON+Partial Lunar Eclipse
TIMES FOR VIEWING PARTIAL LUNAR ECLIPSE JULY 16 - 17
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This is my first published idea and it's a simple one.
The Dow Jones monthly with added trend lines, I also joined the last three peaks with a trend line to keep an eye on.
I am watching for the monthly close of each candle with this analysis rather than intra month movements.
I hope this is helpful in some way :-)
Investing position: In Rising section of high profit & low risk
S&D strength Trend: In the midst of an adjustment trend of downward direction box pattern price flow marked by limited rises and downward fluctuations.
Today's S&D strength Flow: Supply-Demand(S&D) strength flow appropriate to the current trend.
View forecasts shape of candlestick 10 days...