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DOW

Intraday Bullish setup on DJIOn a weekly chart, the price broke above the upper band of an expanding wedge channel, now it just made its second retest of the upper band- making that level a bit more stronger (provided it does not get broken). So, i am having 2 bias, one is mid-term bullish bias as shown in the above chart. A break above the Intraday - OB followed by a retest would mean that buyers are still very much interested in riding the price back up. Alternatively, if the price break down and fall back inside the wedge (weekly) then the FVG could get filled up and it's going to be a quick bearish down pour. So, stay close and watch how it plays out.
FOREXCOM:US30Long
by Adefxc
DOW JONES Massive breakout. Where to profit and where to rebuy.We got the perfect buy on Dow on Tuesday and now we will discuss how to best manage it: The index is now approaching not just the 4hour MA200 but also the 33450 Resistance, which rejected the Dec 20th-21st rally. This along with the Jan 20th-23rd rally, pulled back to Fibonacci 0.618 before resuming the bullish trend. The long term Target is 34000, top of the Channel Down. Follow us, like the idea and leave a comment below!!
ULong
by TheCryptagon
4
💾 DJI Bullish But Why? & BitcoinNotice how the August 2022 peak is followed by a strong correction, instantly. The November and December 2022 peak is followed by sideways consolidation. That's why I consider this chart to be bullish. I make the same argument for Bitcoin. In the past, each time a peak is hit we have a strong correction immediately after. In the present, as each new peak is hit, we get sideways consolidation. That's a bullish signal. Thank you for reading. Namaste.
TVC:DJILong
by AlanSantana
5
dowjones 4 hour say = above low,looking for buy when you see pinbar on 15-60-2240-1440min chart ,pick buy and put SL in pinbar low,uunderstand? hold your buys minimum to fibo 50% (dont close soon) if you have old buy ,dont fear ,dow will back to high ,but put hedge sellstop in low ok? (if it open,never close it in low ,even in 10.000$ profit(ca go downer and margincall you ),wait dow goes down and back ,up trend apear,then close sell,then on high close buys) alert= dow will go to 35800 ,be carefull from sell 100% put sl good luck
CBOT_MINI:YM1!Long
by ramin_trader2006
DOW JONES This is the bottom. Fractals from 2022 confirm.Not surprisingly to us, Dow Jones has stayed inside the High Volatility region that we have identified back in late November: The 1D MA200 (orange trend-line) has supported twice already since November 10 and is now going for its 3rd hold. If we pay a closer attention to the 1D RSI we see that it has printed the very same pattern it made on all Lows during the 2022 Bear Cycle. That is basically 3 occasions. The RSI is very close to the 30.00 oversold barrier and as the 1D MA100 supports, it makes it the most optimal long-term buy level on a 2-month horizon. Even though it has been mostly trading sideways within the High Volatility Zone, on RSI terms, it is comparable to all 2022 Lows that bottomed out on an oversold 30.00 1D RSI and started an aggressive rally in the form of a Rising Wedge. Our Targets are: short-term = 33400 (Pivot Zone), medium-term = 34400 (February 14 Resistance), long-term 35500 (April 21 Resistance). ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
ULong
by TradingShot
5
DOW JONES bottomed out on a 4 month Support!Dow Jones almost hit Support (2) at 32470 a level that worked out twice since November 9th 2022, starting strong rallies to 34390 (Resistance 1). The same Declining Support on price - Rising Support on the RSI (4h) Bullish Divergence was formed on the December 20th bottom. Trading Plan: 1. Buy on the current market price. Targets: 1. 33050 (MA50 (4h)) 2. 33500 (MA200 (4h) and bottom of the Pivot Zone. 3. 34300 (under Resistance 1). Tips: 1. The MA50 (1d) moves parallel with Support (2) and essentially has provided the same level of support pressure as that level. Trend changes long term if it breaks. Please like, follow and comment!!
CAPITALCOM:US30Long
by TradingBrokersView
5
DOW JONES hasn't been such strong buy since Dec 20thDow Jones' long term pattern is a Channel Down. On this chart you can see that all 1D candles have closed inside the Channel regardless of the length of their wicks. The 1D RSI is inside a Channel Down of its own. The price is approaching a Triple Support Zone: the 32500 horizontal Support, the 1day MA200 and the bottom of the Channel Down. Last time all three were fulfilled was more than two months ago, on the December 20th low. This is a strong buy and our target is the top of the Channel Down at 33950. Follow us, like the idea and leave a comment below!!
ULong
by TheCryptagon
3
DOW JONES: Bottom similar to December. Buy opportunity.Dow Jones is technically heavily bearish on both the 4H and 1D time-frames (RSI = 34.017, MACD = -241.550, ADX = 52.078) but the 4H RSI has been rising for the past week, despite the corrective wave on the index. This price action is similar to the late December that ended with a bottom formation. Even the patterns that preceded this are similar. We are turning long again on Dow, targeting both the 4H MA50 (TP = 33,200) and 4H MA200 (TP = 33,600). ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
ULong
by InvestingScope
3
YM1! US30USD DOW 2023 FEB 27 YM1! US30USD DOW 2023 FEB 27 No trades for Dow last week. Possible scenarios: 1) Rotational play: Trades can be executed at boundary of rotation range 34605 / 32789 2) Supply takes control = short on test and reject of 32789 Volume Analysis: Weekly: Lower vol down bar close toward low = minor supply Daily: Ave vol down bar close toward low = minor supply H4: UHV vol up bar + level close up bar close toward low = supply > demand Price reaction levels Short on Test and Reject | Long on Test and Accept 35750 35228 34605 32789 30513 28635 Remember to like and follow if you find this useful. Have a profitable week ahead.
CBOT_MINI:YM1!
by paradox677
DOW JONES Aggressive bullish reversal expectedDow Jones (DJI) broke below its Pivot Zone and Higher Lows trend-line and as per our strategy published 2 weeks ago, we took that break-out sell opportunity: With the 4H RSI though printing Higher Lows against the price's Lower Lows (i.e. a Bullish Divergence) and the price approaching the 32480 Support level and the 1D MA200 (red trend-line), which both provided Support and started aggressive rebounds on November 09 2022 and December 20 2022, Dow is turning into a medium-term (at least) buy opportunity again. In fact the very same RSI Bullish Divergence formed the December 20 Low. It is important to add that this Low was formed after a 4H Death Cross, a pattern that we already formed again 2 days ago. We are buyers again on Dow, targeting the 4H MA50 (blue trend-line). Then we will either wait for a pull-back or buy when the price breaks above the Pivot Zone and re-tests it as Support, in similar fashion as on January 06 2023 and January 23 2023. Long-term target 34300. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
ULong
by TradingShot
4
Key Levels and Market overview for the Asian session open 24/02A review of the price action from the European session and recap of US price action as US indexes followed on from some strength this time in the Asian and European trade. The US gapped up on the open, sold off hard only to bounce back into the close to wipe off the majority of the earlier losses. I look at some key levels to watch and the price action setups I expect to see play out. Markets covered :- DOW Nasdaq DAX FTSE ASX200 Hang Seng USD Index Gold Oil Copper
NYMEX:CL1!
by TradeTheStructure
1
DOW ANALYSIS ON CAD/CHFDow Theory is one of the oldest and most widely used methods for technical analysis in the financial markets. It was developed by Charles Dow, the founder of the Wall Street Journal, and is based on his observations of market trends in the late 19th and early 20th centuries. The theory is based on the premise that the stock market moves in trends and that these trends can be analyzed and predicted by studying market price movements and trading volume. According to Dow Theory, there are three types of market trends: Primary Trend: This is the major trend in the market, lasting for several months to several years. It can be either bullish (rising) or bearish (falling) and is determined by a series of higher highs and higher lows (in an uptrend) or lower highs and lower lows (in a downtrend). Secondary Trend: This is a minor trend within the primary trend, lasting for several weeks to several months. It is a counter-trend move that retraces a portion of the primary trend. In an uptrend, a secondary trend would be a temporary pullback or correction, while in a downtrend, it would be a temporary rally. Minor Trend: This is the smallest trend within the primary and secondary trends, lasting for a few days to a few weeks. It represents the daily fluctuations in the market and is often influenced by news and other short-term events. Dow Theory also states that the market is made up of three types of movements: Primary Movements: These are the long-term movements that define the primary trend. Secondary Movements: These are the medium-term movements that retrace a portion of the primary trend. Minor Movements: These are the short-term movements that represent the daily fluctuations in the market. Dow Theory is used by technical analysts to identify trends and potential trend reversals in the market. It is often used in conjunction with other technical indicators, such as moving averages, oscillators, and chart patterns, to confirm signals and make trading decisions.
by husnainhabib1256
DOW JONES Trading plan based on the MA50 4H.Dow Jones is holding the Channel Up since December and on Friday it came the closest to the bottom in 1 month. There is a potential Channel Down emerging and the key to which pattern prevails will be the MA50 4H. Trading Plan: 1. Sell below the MA50 4H. 2. Sell if the price breaks under the Channel Up. 3. Buy above the MA50 4H. 4. Buy at the bottom of the Channel Up. Targets: 1. 33470 (bottom of Channel Up). 2. 33000 (above Support 1). 3. 34500 (below Fibonacci 0.786). 4. 34850 (below Resistance 1). Tips: 1. The RSI is supported in a similar way like December-January. That kick started a strong rise. Break below and the pattern might be negated. Please like, follow and comment!!
CAPITALCOM:US30Long
by TradingBrokersView
3
DOW JONES Rectangle for short term. Channel Up for long term.Dow is in ranging mode on the short term inside a Rectangle. The 4hour MA50 is almost at the middle, so crossing above it is a long signal: Target 34250. Below it is a short signal: Target 33550. On the long term the structure remains a Channel Up, in fact the price came very close last week to its bottom. If the price breaks the bottom it is a sell: Target 32965. If the Channel holds, it is a buy: Target 34750. Observe how the 4hour RSI shows well enough the best entries for the Channel Up and for the Restangle alike. Follow us, like the idea and leave a comment below!!
U
by TheCryptagon
6
DOW ANALYSIS ON MONARO/USDThe Dow Theory is a well-known financial theory developed by Charles Dow, the founder of Dow Jones & Company, in the late 19th century. The theory suggests that the market is in an upward trend if one of its averages, such as the Dow Jones Industrial Average (DJIA) or the Dow Jones Transportation Average (DJTA), advances above a previous important high and is accompanied or followed by a similar advance in another average. This phenomenon is known as "confirmation" and is seen as a bullish signal by investors. According to the Dow Theory, if the DJIA and DJTA are both moving in the same direction, it suggests a strong economy, as companies are producing goods and shipping them to consumers. Conversely, if one average is moving in one direction and the other in the opposite direction, it can signal a weakening economy. Overall, the Dow Theory is still widely followed by investors today as a way to analyze market trends and make informed investment decisions.
KRAKEN:XMRUSDLong
by husnainhabib1256
YM1! US30USD DOW 2023 FEB 20 YM1! US30USD DOW 2023 FEB 20 Finally we see some movement from Dow. 34605-34432 rotational play based on 06 Feb's analysis garnered. Possible scenarios: 1) Rotational play: Trades can be executed at boundary of rotation range 34605 / 32789. Note: 34605-34432: If market trades toward the upper boundary = possibility of breakout 2) Rotational breakout/breakdown: - If price breakout, long when price retraces and finds support Volume Analysis: Weekly: Ave vol down bar close below middle = minor supply Daily: Ave vol up bar, demand overcoming supply = demand H4: Ave vol up bar close toward high = minor demand Price reaction levels Short on Test and Reject | Long on Test and Accept 35750 35228 34432-34605 33624 33037- 32789 Remember to like and follow if you find this useful. Have a profitable week ahead.
CBOT_MINI:YM1!
by paradox677
DOW JONES Take advantage of this excellent channel!Dow Jones is trading inside a Channel Up for the past three weeks. With the use of the Fibonacci Channel we clearly see the heavy varience levels within 0.236 - 0.786. We will buy low and sell high for as long as the pattern remains valid. Trading Plan: 1. Buy on the current 4H candle. 2. Sell at 34300. 3. Buy at 33900. 4. Sell at 34400. Targets: 1. 34300. 2. 33900. 3. 34000. 4. 33950. Tips: 1. The 4hour RSI is inside a range that matches perfectly the highs and lows of the Channel. Use it for additional confirmation of entries/ exits. Please like, follow and comment!!
U
by TradingBrokersView
6