DJI forecasts

EliasR

UPDATED SCENARIO: A little upward for now (2022). Waiting for a blood in 2023 and perfect buy opportunity, for the macro bubble to continue.

Samirr01 Pro

Time: Daily Need Correction to First Demand zone in 28600-29200 and at least support in 26200-26600

daylichart

Given the resistance of 32400, one can not expect too much rise, sellers are in the market

vicid Pro+

Does history repeat itself? Comparing Macro Environments and getting a clue from the charts. Lets follow this idea over the months to come. cheers!

20:00

AriasWave Premium

Fundamentals are what economists use to forecast and predict the future and this is why most economists suffer from recency bias and tend to extrapolate into the future. Yet I keep reading the disclaimer that past performance is not indicative of future results. So why do we have a situation where people believe what the FED or the mainstream media have to...

Elliot1999

DOW completed waves W and X of big degree,last y wave of big degree Y is pending for the correction to get complete.

AlanSantana Premium

While the Nasdaq (NDX) and S&P500 Index (SPX) already closed below the EMA100 blue line, this isn't true for the Dow Jones (DJI)... We can see that the DJI managed to stay above EMA100 last week and moving below it just today. These indexes move together though, so the DJI is not really 'stronger' just a bit behind the rest. With EMA100 being lost as support,...

malkia1744

TVC:DJI Hello friends, I think this week's chart could be like this

capriole_charles Premium

In 1872 George Tritch documented a strategy for when to Buy and Sell stocks over the next 200 years. While Buy and Hold performed better, it is pretty impressive that a strategy documented almost 150 years ago had a 91% hit rate. The strategy also identified the (near) peaks of major crashes including 1929, 1999, 2007 and 2020. Two key learnings: 1. Buy and...

angeloladica

Short all risky assets. Greatest depression is coming. Worst than 2008 depression. Mother of all bubble burst

the_sunship Pro

Close to the bounce trendline, I would think it works again. 31500 area likely by Friday - good luck!

Kryptolinks Premium

Hundred year old trend of Dow Jones 30.000 must hold,, at least for a bit...

XRP-Jonny Pro

IMO, what history teaches us, is that we dont learn from history. PUMP the markets! This is NOT 100%, nor is the market. Only in these times my Buy\Sell is on point! When in doubt, ZOOM OUT! STATUS: BULLISH!!! AF! Q: Does 2029 look the like Great Depression 2?

Ambassadorj

As above. Looks like major reversal is playing out as previously published. Likely rounded top in play. If breaks the neck line at 29K, then very good chance it at least touches 350 HMA at 27K. If rounded top pattern plays out and 27 support breached...21 K could be potential target. Will follow. Good luck traders!

Mayfair_Ventures Premium

For those of you not familiar with Dow Theory. Here's a simple introduction. Nothing technical just a "welcome to" type of educational post. Short History Dow Has 6 Rules - these are known as the 6 Tenets Dow is mostly known (most obvious - the Dow Jones Industrial Average) Other tools and techniques can fit into the Dow Theory, such as Elliott and...

fhaneef2

DJI is heading back to the humble trendline, should be ample support until Millenials start retiring around 2050, which then will be a near 90% drop... should bounce solidly off the long term trend line and continue above the trend line for another 30 years...

Meshari5 Pro

The inverse relationship between the dollar index and the Dow Jones index

griffintattoo Pro+

The Nasdaq 100 has outpaced the Dow Jones Industrials for quite some time now. It appears that the relationship between the two indexes is reverting to the channel that it has traded in since coming out of the 2008 recession. It would appear that ETFs that track the Dow Jones index or industrial sectors of the economy may offer the best opportunity to realize...