DOW30 support levelsThe DOW30 went even lower from the strong support that it should hold and now will either do a small bounce, if not go lower and visit the key support area.
Looking forward to read your opinion about it.
Dowjonesanalysis
US30 BUY 01/18US30 is truly my favorite pair to look at and I look at it consistently everyday, I try to keep it simple with my analysis so it doesn't seem overwhelming due to the volatile movements, with that being said I am expecting a BUY since price is now back at the bottom of our channel
Note: Price has been in a Flag Channel since MARCH 2021
Major Structure:
Monthly/Weekly/Daily -
Price has been In an Bull Flag for a few months now, for major structure I have price still BULLISH creating a HH/HL, although the economic factors like Covid 19 (Omicron, Delta Variants), Inflation (@ all time high 7%), Labor Stats, Short Squeezing etc. could cause some sort of Correction/Crash
Major/Minor Structure:
4HR/1HR -
Price is just about to hit our -61.8 Retracement on our Fibs for Major Structure, which means we should expect some sort of Reversal in price which is another confluence for our BUY
Minor Structure:
1HR/30MIN
Price is heading towards our -61.8 Fib Level on Minor structure as well, with it being Wednesday and this being our Intraday timing, HOTW is currently on a Sunday, but I'm expecting a Mid week reversal with the LOTW either being made on Wednesday night or London session Thursday, with a Rally to follow into Friday and making its HOTW.
I'd love any feedback or commentary from those knowledgeable of Fibs, major structure or use a similar strategy ..
From C
Dow Jones analysis As I mentioned in previous chart of DJI closing below 36000 will trigger strong selling.
You can see in the current chart that the index treded multiple time below 36000 but did not close even a single day.
Just wait for one closing below 36000 and get ready for a big red candle.
DowjonesThe Dow Jones index is forming 5 incomplete waves, which is likely to change the trend and start the downtrend.
Dow jones : Do we have a correction soon?We could see a huge bearish divergence in the monthly chart. The last time we had one in the late 90s and we saw a 40% Correction. We could see a similar structure in the current oversold market and will the history repeat again?
Dow Jones: Ready for Takeoff ✈️ On his way downward, Mr. Jones has already dived into the white area between 35690 and 34805 points a few times and he still could go in there again to finish wave (2) in white. There, at the latest, we expect the index to rise again. If it breaks through the resistance at 36832 points on its way, higher goals will become more and more likely.
There is also a 40% chance that the index could rise immediately and hit the 36832 mark earlier already. So, you should all fasten your seatbelts, because Mr. Jones is ready for takeoff!
Dow Jones Futures H1here is my view for Dow Jones Futures or US30 on H1. The price should go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
Dow analysis DJI have important support at 36000
According to the chart we should bounce from 36000 and retest previous all time high.
On the flip side closing below will accelerate selling pressure and we can see 34900 level near future.
Consolidation near 36000 will decide further move.
Dow Jones Industrial Average Index (DJI) Analysis 05/03/2021as we can the there is a bearish divergence between Price and MACD, which is the sign of trend reversal and we can predict the 61.8% of Fibonacci retracement as one of our TPs
so soon we shall face an other recession
how big this time. we shall see.
if 61.8% Fibonacci retracement stands then we may go for a bullish rally and if not and braked down then a huge recession and history will be repeated again...
Dow Jones (Over Bought) Shorting chance Jan 2021Hi
This index seems to be over bought to us as it is recovering from the Corona pandemic Crisis and the way it has rallied, we may have a chance to short it at its correction or so called retracement.
we can see bearish divergence of Price and MACD and combining this flow with Price Action Analysis it gives us more confluences of a down fall and a trend reversal or at least a retracement or market correction
we have specified some support levels which can be used as some target areas and some trend lines as the most fall levels
truly speaking we don't have any concrete fundamental reasoning behind such a fall but some how we can relate it to the upcoming chaos in the USA political and FinTech industry and giant MNCs who can be an other reason for an other crisis...
please bring some reasoning for this fall if you have any in mind...
Dow Jones -90% coming to a screen near you soon?My thoughts on the DJI (Dow Jones Industrial Average). I believe the roring 20's are duplicated in the DJI chart and that we are about to enter a huge recession in 2022. Dow Jones finally bottoming out around $5,000?
US30 DOW JONES Nice SetupUS30 DOW JONES IS FOR SELL TO THE TARGET 36450.
You can also put a sell limit order at 36850/36950. The target is always 36450.
US30 - Would love to buy any dip! Technical Overview: - Dow Jones
Simple, whoever tells you short is selling you lies, you want to be on the safe side? stay bullish on US markets simple as that.
Wait for dips if they happen don't chase the market :)
Analysis is only 1 piece of the puzzle 🧩
Our analysis is a sentiment for the upcoming week, month.
Use this as a weather forecast, you are the person that has to put on a jacket when it’s raining.
Trade this sentiment based off your own entry strategy at the right time.
Flow with the Devil 😈
Trade with the manipulation👾
DJI Dow Jones Industrial Average Santa Rally?The Santa Rally is set to start on Monday, Dec. 27.
This period gave positive return for the S&P 500 78.9% of the time.
Since 1950, the average return of the Santa rally was 1.33%.
How do you think this will be reflected in theDJI index?
The reasons could be optimism over the new year ahead or holiday spending.
US30 Analysis and Trade IdeaThe DOW, like the other indices, has seen a rally for the last 3 days, leading into the Christmas holiday. A Santa Claus Rally, if you will. Price has reached back into HTF supply, and may have a short term bearish reaction.
Overall, I am looking for the recent highs to get raided for liquidity.
US30US30 looking forward to see a massive selloff as we get onto the US session open and as we get to end of the week.
Dow Jone Broadening Top PatternIn this update we review the recent price action in the Dow Jones and identify the next high probability trade location
Potential Shark Forming 🦈🦈US30 - Beautiful Shark Almost Complete in a strong supply zone (Lots of confluence in this zone) landing almost directly on the .886 weekly pullback.
This could be a very nice PRZ, will look to scalp US30 long to the zone then look for potential reversals.
Whats your thoughts?
** Disclaimer ***
These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only.
DOW JONES ANALYSIS FOR CRYPTO FORECASTINGGoodmorning y'all from Amsterdam..
a beautiful winter morning with freezing temperatures here.. Sitting with my morning coffee analyzing the charts. You can't make me more happy than this..
To forecast what can possibly happen with crypto it is important to look at what the FED and the American indices are doing..
The market seems to be calmed a little because of this OMICRON variant.. it seems this variant isn't that bad for our health as many predicted..
But the next big thing is the INFLATION.. Worldwide it is raising and raising..
The FED can take measures to bring this back.. 1 of this is to raise interest rates so that borrowing money becomes more expensive. They hope institutions and people will borrow less and stagnate their spending..
Once the other stops spending the other side is earning less... So this could help drop prices because their is less demand for stuff... when prices drop their is deflation..
Some how the better we can all agree that the total market has been overbought en is raising to the moon.. A lot of people have made money and this helps the inflation because they spend it..
It is the FED trying to bring the stock market down..
So we have to have an eye on this..
The DOW JONES is connected with crypto..
Potential Shark Forming 🦈🦈US30 Potential Shark forming
After catching a huge move yesterday I'm looking to now complete this shark pattern first the .886, then the 1.13.
Right now I'm looking to scalp a pullback before entering long again, I'm waiting for a trap move up before shorting down towards the Daily Break of structure/Imbalance level.
Let me know your thoughts?
** Disclaimer ***
These ideas I never trade until the end target with my initial lots, I focused on high probable entries with higher lots and use a specific partial taking strategy giving me a very high win rate and take most of my profits very early, I only leave a small % of my capital to run the entire trade. On the flip side im constantly monitoring LTF momentum and will close early if things change, these analysis's are for research purposes only.
US30US30 IS GOING TO THE MOON NEXT MONTHS.
confluence;
retest to either 35000 or 35500 and their matched fib levels but m looking for a deep pull back so it can touch the trend line and the 200ema for a better high probability trade
loss of volume and candlestick reactions on that zone..
for any entry ill be looking for a 4h engulfing candlestick then scale down to the 15m for a good R.M plan.
always think of probabilities and manage risk.
