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DOW INCDOW INCDOW INC

DOW INC

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DOW1 trade ideas

Dow Inc Showing Classic Wyckoff DistributionAmazing example on Dow Inc. of a Trading Range following Wyckoff Distribution Schematic #2. ------------------------------------------------------------------ What is a Trading Range? ------------------------------------------------------------------ In an trading range there is a equilibrium of Sellers & Buyers causing price to move sideways but unknown to many the large operators are slowly absorbing all the Supply or Demand of the asset before starting a major campaign. ------------------------------------------------------------------ What is Wyckoff Method? ------------------------------------------------------------------ "One objective of the Wyckoff method is to improve market timing when establishing a position in anticipation of a coming move where a favorable reward/risk ratio exists. In accumulation, the shares purchased outnumber those sold while, in distribution, the opposite is true. The extent of accumulation or distribution determines the cause that unfolds in the subsequent move out of the TR ." Wyckoff Theory & Schematics give us clues to which probable direction the price may head out of the horizontal moving price structure. In a Distribution Trading Range two of the key characteristics are the UTAD (Upwards Thrust & Distribution) above the Trading Range, and the SoW's Signs Of Weakness's with strong volume at the bottom end of the range. ------------------------------------------------------------------ Further Reading ------------------------------------------------------------------ For more information check out Stockcharts.com, Wyckoff Introduction & Tutorial for beginners. school.stockcharts.com For Distribution Schematic #2 for comparison: school.stockcharts.com ------------------------------------------------------------------ If you found the idea informative & insightful then share the love with a like & comment, thank you!
NYSE:DOWShort
by Worth_The_Ri5k
5
DJI not in a good shape currentlyThis is just my analysis and should be considered only for Study purpose and not as a recommendation as i am not responsible for your losses or get a share from your profits... This is a simple price action study... looking at the chart i feel the Dow is ripe for a bit of a correction... I feel we could stay away for a while and let the market play its card and do what it has to do... Be fearful when everyone's greedy - you'll know what i mean....
NYSE:DOWShort
by Phoenix085
$DOW - Strong Company at Key SupportFairly simple trade again this time round! DOW had an unwarranted drop from the top of it's channel on seemingly no news, and had a healthy bounce at the bottom. This enough wasn't really enough for a trade, as we kept running into resistance around 63.80. Now that we're over it, I'm comfortable loading a position. I'll be playing 65Cs and 67.5Cs expiring 8/20, though flat out shares are also valid for this play! This is a solid company with strong fundamentals, so even if this play takes longer than expected to pan out, we're still holding a great company which will recover. All that being said, make sure you don't confuse this ticker for DIA! It's fairly easy to get them mixed up, haha. Godspeed traders.
NYSE:DOWLong
by FluxTrades
DOW head and shouldersTypical head and shoulders pattern. Bearish is set for a small amount of time, before we see the next rise. __________________________________________________________________________________ Please like and follow us on Tradingview and Twitter , to stay up to date our latest analysis. Check out our Website as well, for trading tools for part and full time traders. (Check Twitter feed for currently 30% coupon for all products) __________________________________________________________________________________
NYSE:DOWShort
by TradeandGrow