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Dowjonesindustrial

Dow Jones (DJI) Hidden Bearish Divergence (Crash Ahead)The S&P 500 Index has been a bit hard to read for beginners as the charts are giving bearish signals yet it continued to move up and break above certain strong resistance levels. As for The Dow Jones Industrial Average Index (DJI), this one is telling us a different story, this chart is much easier to read. When you look at the chart, you can clearly see lower highs being printed, this is marked with blue down arrows. On top of the lower highs, we also have hidden bearish divergence marked on both the MACD and RSI, which are also in a downtrend. Both the MACD and RSI are also trending down and getting closer to entering the bearish zone. A strong drop is scheduled to happen soon. I am looking first at 0.618 Fib. retracement for support followed by 1 Fib or EMA200 (orange line). Conditions for change: For this analysis to become invalid, the DJI would need to move up, close, and remain above 26951.8, which is its all-time high. This is a very unlikely scenario at this point, but if you are trading this or any other asset, it is always smart to remain open and be prepared for all scenarios. With that said, I believe the DJI will continue with its bearish tendencies and decline in value in the coming weeks and months... What's your opinion? Share in the comments section below. Feel free to hit like to show your support. Thanks a lot for reading. Namaste.
TVC:DJIShort
by AlanSantana
2
DJI Resistance MetOverall on US markets, I am skeptical but open to bullish sentiment. The question is, how do we get past record highs? First though, how do we even get past this DJI resistance? The answer to both could be trade war detente. Okay, but what happens if we have a detente, which won't happen at least until June as reported yesterday, and there's no rally? We could go sideways for two months and see volatility hit record lows without the uptrend that saw record low volatility with daily gains. Short-term though, DJI looks like its ready to retreat from this resistance. Let's not be surprised if that happens. But also, let's also not be surprised if we get past it on trade war detente news and not a resolution. For more of my ideas with more words and charts, please check out my content at www.anthonylaurence.wordpress.com
TVC:DJI
by WhiskeyTangoFoxtrot3
1
Want to be Bullish, But Need to be ConvincedNever buy resistance, never short support. I want to see this index get over 26190 for me to be a bull and the fundamentals are not all too convincing. Yes, China trade war is concluding in all likelihood, but then what happens if Trump decides to go after Japan or Europe on auto tariffs? We already know he doesn't want to quit these trade fights as seen with India. However, dovish Fed speak could be quite a boon for this index. More words on how the Federal Reserve could impact US markets and recent updates on US-China trade war here: anthonylaurence.wordpress.com
DJ:DJI
by WhiskeyTangoFoxtrot3
Dow Jones Bubble to BURST with S&P 500Hi, all. In accordance with my recent posts that the S&P 500 is set to crash, I believe that the Dow Jones Industrial Average (DJI) on the 1D chart will crash similarly soon. The DJI is showing some signs of reversal in its MACD chart as shown above, and for such a slow-moving index as itself, this bearish indication should not be overlooked. Now, in addition to MACD , the index has seemingly hit a long time resistance and looks to be breaking down because of it. We must expect the potential for a little more bullish action, but within 2 weeks I expect both the Dow Jones and S&P 500 to break down violently. For the time being, I am going to hold my positions in shorting the S&P 500 and DJI. For higher returns, I recommend buying shares in a reverse leveraged ETF like SPXS (for shorting S&P 500 ) or SDOW (for shorting Dow Jones). Thanks for reading, leave a like if you agree!
TVC:DJIShort
by nextrades
Dow Jones (US30) AnalysisThe chart pretty much explains it all. I've slid over the Fib Retracement so that you can see the numbers better (FIB drawn from 24DEC18 candle to current candle). I believe we will retrace to the 0.236 Fib level, which is 25162 or close to it. I also believe it will turn around at the R1 Pivot Point. This being said, my stance on the Dow will be neutral i.e. Range-Bound (down and up in a sideways channel). Surprised to see my stance is not "short"? Here is why: Right now, it can go either way. We are only in February, and we have a long way to go until the end of the year. We are only roughly 600 points from record, all time highs. In the short term, I believe we will stay range-bound, with emphasis going to the Short direction. The Fed's decision to slow/halt interest rate hikes have given us a boost. We have also gotten a boost on news of a China trade deal. Any change in these decisions can send the market wildly into a downward spiral (possibly a crash?). The VIX is currently at around 13, so the market volatility has calmed down drastically from its recent highs in the mid 20's. I also believe this will be a factor in the market staying range-bound due to low volatility. Let me know what you guys think, and what trades you are doing with the Dow! Hope this helps. Happy Trading, Zak
OANDA:US30USD
by ZakaryP
The Great Depression Fractal - Part 3 (Blow Off Top Incoming?)Hey guys! Posting an update on my DJI analysis, since we're close to invalidating the possibility of further weakness (for the time being). As I said in my previous analysis, it was best to remain on the sidelines after the bounce from the 21000 area, since it was fairly strong. In addition, I indicated the possibility that we'd actually break the previous high, since this would still be in keeping with my great depression fractal. In fact, I was actually MORE concerned about a further rise. This actually makes me even MORE worried, as I think the crash will now end up being much more severe, once we've officially topped out. I actually hope we find resistance here and drop soon, for the integrity of the market. IF we don't break down here and make a higher high, I expect us to rally at least to the top of the GIANT uptrend channel (the resistance there is real - just look at my chart). This currently lies in the 30000 area. If we break that resistance, we will likely have an even larger rally, and we will have to create a new long term channel. As you can see, in the late 1920's, we rallied higher before the final 90% drop. Between February 1927 and July 1929, the DJI rose 233% from about 167 to 384. This means that we could indeed rise up to somewhere between 60-63000 before a huge collapse, if we break the recent high. This target is well above the channel resistance though, so a rise this extreme might be unlikely. I think 30K is more realistic. Either way, this would be an enormous trading opportunity, but it's unfortunately NOT what I wanted to see in the market. I would have preferred a recession now rather than later. This is far less healthy, and it just goes to show that humans have not learned to stifle their greed, and history may indeed have to repeat itself. This final bubble phase may be led by a potential Weed bubble (I can already see major news outlets starting to incite retail FOMO into this sector, even though the ideal buy in point was any time during the last two years). Anyway, this isn't as long-winded as my previous chart. That analysis speaks for itself. This is not financial advice. This is purely my opinion and for educational purposes only. -Victor Cobra
DJ:DJI
by VictorCobra
Elliott Wave View: Dow Jones Futures can soon Starts CorrectionWe are counting the entire rally from December 26, 2018 low as an Impulse Elliott Wave structure. An Impulse has subdivision of 5 waves within wave I, III, and V. And wave III is currently in progress. Internal of wave III subdivides in another 5 waves in lesser degree. On the 1 hour chart, we can see wave ((4)) of III ended at 24862 and wave ((5)) of III is still in progress as another 5 waves of a lower degree. Blue wave (1) ended at 25622 peak, wave (2) at 25273 and wave (3) ended at 25950. Below from there, it ended blue wave (4) at 25748 as flat correction. As long as the pivot at 25748 stays intact, it can extend 1 more time in blue wave (5) of black wave ((5)) of higher degree wave III before a pullback in wave IV can be seen. We dont like selling it as right side is to the upside.
CBOT_MINI:YM1!Long
by Elliottwave-Forecast
Dow Jones Industrial Average Crash Ahead (Bearish Divergence)The chart for the Dow Jones (DJI) is basically the same one as the S&P 500 (SPX). So needless to say, this one will crash as well. My long term analysis for DJI is still valid, you can see it here: This new crash that is incoming is just an extension of the one I mentioned above. Looking at the chart: We have bearish divergence showing up on the MACD and RSI. The rising wedge pattern is bearish in nature. Resistance is being reached. Expect a minor push up followed by the drop. Make sure to SELL/SHORT before the crash. P.S. This information and all information shared on the Alan Masters (@alanmasters) channel is solely for learning and entertainment purposes only. This is not financial advice. Hit LIKE if you found this useful in any way. Thanks a lot for reading. This is Alan Masters. Enjoy your weekend. Namaste.
DJ:DJIShort
by AlanSantana
Sell opport. in Dow Jones Index from 25.910-26.100Good short entry poss. D1 Dow Jones short based und RSI D1/H4/H1 analysis. We gained a lot from the December 2018 loss, over 6%. D1 regain locks up like a V-Wrap without a healthy rebound short. Renko shows is here perfectly. We also got the named status quo, unsecured measurement of cooling world economy, trade crisis US/China an well known Brexit in Europe. Named problems are not gone. Also a rate hike from the FED is still possible. Also good news for the idea: Still the rising Goldprice. TP: D1 24.650 SL: D1 26.200 Have a good luck :)
DJ:DJIShort
by krsissi10991
1
Dow: 100 MA Crosses under 200 MADow broke out trendlines to the upside yesterday and also closed above its 100 MA and 200 MA for three days but its 100 MA crossed below 200 MA the first time since 2015 with a divergence of RSI on the daily chart. The Dow's 100 MA/200 MA crossing down could mean a lot from a long term perspective and we might see what would follow soon. Dow gaps up opening today and now shows lower lows and lower highs on its 15 Min chart. It seems it might be a turning point date today and we will know it for sure after the closing bell.
DJ:DJIShort
by dragonus
SHORT Dow Jones bearish against 26000!Believe it or not Dow Jones has hit the spot we have been waiting and anticipating since last several trading sessions now. Please note that the indice has hit convergence points of trend line resistance and the fibonacci 0.786 levels at 25100 levels and produce a bearish reaction on smaller timeframes. It is yet to produce a bearish signal confirmation on the daily chart but potential remains high in the next 1-2 trading sessions. Looking at the wave structure, a higher degree Wave (1) and (2) seem to be already in place at 24200 and 26000 levels respectively. A lower degree wave i and ii might be already in place now at 21800 and 25100 levels respectively. If the above counts hold, prices should stay below 26000 levels and a rapid wave iii of (3) should unfold taking prices below 21000 levels going forward. Disclaimer: This written/visual material is comprised of personal opinions and ideas. The content should not be construed as containing any type of investment advice and/or a solicitation for any transactions. It does not imply an obligation to purchase investment services, nor does it guarantee or predict future performance. FXTM, its affiliates, agents, directors, officers or employees do not guarantee the accuracy, validity, timeliness or completeness of any information or data made available and assume no liability for any loss arising from any investment based on the same.
DJ:DJIShort
by FXTM
Dow Jones potential bearish reversal from 24800/25100 levels!The Dow Jones wave structure and price action remains unchanged for now. The spot rate is seen at 24500/600 levels at this point and there may be one more push higher into fibonacci 0.786 resistance at 25100 levels before the indice turns bearish again. Please also note that the resistance trend line since 26950 levels is also passing through very close to 25000, and hence a bearish reversal could be expected at the confluence. Looking at the larger wave structure, the Dow Jones had dropped 5 waves from 26950 to 24100 levels earlier labelled as Wave (1) here. What followed can be constructed as a flat that terminated at 26000 levels, labelled as Wave (2). The drop from 26000 to 21800 levels is being seen as Wave i of (3) for now and the subsequent rally from 21800 to 24860 levels could be Wave ii of (3). If this count holds, prices should remain below 26000 levels and a 3rd of 3rd wave should be underway. Ideally this wave should be the most powerful bearish leg. Disclaimer: This written/visual material is comprised of personal opinions and ideas. The content should not be construed as containing any type of investment advice and/or a solicitation for any transactions. It does not imply an obligation to purchase investment services, nor does it guarantee or predict future performance. FXTM, its affiliates, agents, directors, officers or employees do not guarantee the accuracy, validity, timeliness or completeness of any information or data made available and assume no liability for any loss arising from any investment based on the same.
DJ:DJIShort
by FXTM