Dowjonesanalysis
US30 DOW JONESUS30 continues its bullish trajectory making higher highs on the daily and has an overall bullish structure on the monthly, weekly and daily chart. However, for good entry, wait for the retest of the daily support.
If support doesn't hold then we might see a deeper plunge to the downside. Major bias is LONG!!
TA is clear from the chart/analysis.
Can Dow reach here ??????????Dow heading to 37000+ in coming weeks..........
keep on radar
Weakness only below 33000 three continuous daily close..........
Dow Jones: Good Things Take Time 🌱🌱🌱Yes, we are in the middle of a global correction and the Dow Jones will still lose strength going forward. However, we expect the industrial index giant to fall between 33286 – 32756 points at max, before planting the seed for more sustained growth afterward. In total, we should see the Dow rise to somewhere around 36981 points, given that it stays above 31951 points during the current movement.
Be patient!
Dow End is nearHi there,
I think the bull market on Dow is about to end, we have a monster rising wedge which cant be ignored, also usd is looking ready to wake up which will define the top on this market
Watch lower timeframes for entries,
Good luck
Dow Jones - Elliott Wave Technical Analysis5th wave has still some room to go up as usually it's as long as 1st wave.
Fib Extn for this wave from bottom of 1st wave to top of 3rd and extending it to 4th (bottom):
--------------------------
- We are now at 0.236 Fib Extension $34,550, 0.382 is around ~$35,090, 0.5 is at ~$35,500, 0.618 around $35,958
Good Luck!
Dow Jones - Elliott Wave Technical AnalysisDow Jones continues to show strength, it's a slow mover as volatility is low for value stocks.
- 3rd wave's peak may or may not have reached yet, but either way still has a 5th wave to complete before correction.
- Green parallel zone represents bullish impulse still in place, upper line acts as resistance and below line also represents trend line of support.
Enjoy!
Growth may come soon...The exchange rate is on a post-rise holiday, and it's a Fallin wedge pattern, so I think it's likely to continue to rise.
Dow Jones Forecast and revesal zone!!Hello Traders,
Welcome back to dow jones industrial chart.
overall market sentiment is bullish should look for a long entry on a pullback,
the target should be 36000 or above, we have also pointed out the possible reversal zone of the market, which is near the upper daily trendline marked with triangles.
please read the chart carefully, before you implement the idea on your trade.
Thank You.
The Bubble End Game (in terms of the Dow - DJIA)OK, so this I had mapped out quite a while ago but despite my general agreement with the widely circulated May 24, 2021 Dooms Day predictions (in as much as a likely date around which the music will stop ), this (chart)setup was still missing it's trigger . - Until last Friday, that is.
That last 15 minutes of trading on Friday, March, 26., 2021 was no ordinary window-dressing! That was a no-holds-barred locking onto the Final Target and simultaneously initiating the count-down, All-in . (By various players and in no small part by Sovereign Public "Investors" - i.e.; Central Banks.)
If one examines the Who bought What, How and Why - and why at that exact moment -, the gig is up. - Not that those key players had any place left to hide hence, the notable drama preceding the whole event during the previous 24 hours. (I imagine that by the time of this posting it's all out there so I shall spare the repetition.)
At the risk of stating the obvious, the size and enduring length of this current Speculative Bubble deserves (even demands), at the very minimum, at least an attempt to find some still unsuspecting buyers to trap and onto whom to unload as much as humanly possible before the music stops and the silence becomes deafening. - And that means;
An Exponential Blow-off Top
.... that was the trigger , this picture was missing, until last Friday, that is. (And Yes, last Friday's market close was the first and only trigger , in this particular frame work.)
- And since nothing tickles a (historically uninformed) speculator's fancy like a no-rhyme, no-reason, all-in, exponential charge into oblivion... Well, you got it! - Or at least the beginnings of one.
So, what is special about Dow 37130-37250, around the 1st week of May, 2021 that would make it a likely Final Price Target ?
- Confluences!
Providing a (rather obvious) Final Top between Dow 37130 - 37250;
... and potentially close to the much-touted May, 2021 time frame.
... after which, most likely;
... nothing but Gravity.
Game on!!...
We are on the trend!As I told at 24 Feb, the price touched 32125!
Now we should guess where is the price going?
The price broken up the trend line 2021
So the new channel is fixed and the probability of touching 34331 is increasing.
I would like the price goes down (touches 14725 in next week), but I think it will be happen next two or three weeks..
Have good trade!
DOW JONES - Wave Revision - FED Kicking The Can Down The RoadIn this video I present the latest interpretation of the DOW JONES according to AriasWave.
This video is accompanied by a long trade idea linked down below.
The FED continues to kick the can down the road therefore this market is still bullish.
This move continues to subdivide into a complex Type-2 Expanded Zig-Zag.
Please remember: I am not a financial advisor, only use this as guide.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
DOW JONES - Long Trade Idea - Based On Video IdeaThis long trade idea is based on the latest interpretation of the DOW JONES.
Please see the related video idea linked below.
Entry: At Market.
Stop: 30,773
Target: 36,500
Risk\Reward Ratio: 7
The FED continues to kick the can down the road therefore this market is still bullish.
This move continues to subdivide into a complex Type-2 Expanded Zig-Zag.
Please remember: I am not a financial advisor, only use this as guide.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
Massive correction incoming for US30.I'm fundamentally and technically selling US30 next week. Following Biden's bombing of Syria we will see more and more market volatility and i think it will be to the downside. Follow me for more trading ideas, thank you all and good luck!