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DJI

DOW JONES has started the new bullish wave.This is basically to last week's buy signal at the bottom: As you see Dow Jones (DJI) made a new Lower Low (bottom) on the 4-month Channel Down and broke above the 4H MA50 (blue trend-line) again. The move is supported by a Higher Lows Zone (as is the RSI), similar to the previous Channel Down Low in late December. With the Fed Rate Decision tomorrow always unleashing volatility, we can see one last pull-back and then rebound towards the 1D MA50 (red trend-line) and our 33100 Target. ------------------------------------------------------------------------------- ** 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
1
forget about the economic dataRecently investors started to care about economic data too much. Always advanced economic data is making the market, not the current data. Of course right now is very bearish cycle. But Dollar is getting weak and Powell is very dovish and stating the disinflation's possibility. We have to predict May's data not the March's. Data dependant investing always lead to the failure. I think the economy will move as what the Fed is wanted now near future. I see a reversal Head and shoulders pattern from DJI. I am bullish from now on.
TVC:DJILong
by illuminating_trade
30
Will explain why market will go upPlease, look at the chart that SPX broke the long term downside trend since this year early-January . If you see my previous analysis I was very bearish since middle of 2022. Normally long term down trend reversal last at least 6months. Upside has shown for 3months now. I personally belive that one more quarter is left to play bullish further more. 1st. the gold price is holding strongly. 2nd. the copper price is holding strongly. 3rd. goverment yield is falling sharply. 4th. Dollar index is indicating bearish signs now. I saw lots of positivie signals in 2020 march despite the covid crashing destroyed all equities. This pattern looks similar now.
TVC:SPXLong
by illuminating_trade
3
AW Dow Jones Analysis - How The Next Crisis Will Unfold...In this video I talk about the larger pattern and also what is going on at the highs since March 2020. I believe we are only months away from a systemic collapse which will be the largest in modern history. It is my assertion that the move up since 2009 was a Type-2 Expanded Zig-Zag Wave D. This Wave D is now nearing it's final move within Wave (C) which cannot go above a certain level without breaking an important rule. I believe that towards the end of the year we are going to see a final all-time-high top which will signify the end of this move. This whole move up since 2009 was just a bubble however the same can be said about the entire economic system. I guess it all comes down to relativity, after all we know that without stimulus, the whole system would crumble. Remember to use Disciplined Money Management Principles to ensure longevity as a trader. If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd? Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research. ***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
TVC:DJI
by AriasWave
The Fed's Pivot - What to Expect in the Months Ahead In this video, I explain what to expect in the months ahead, following the Fed's pivot back to monetary easing. Also, I wanted to make several notes: When I said that it's almost never better to own derivatives than holding an asset outright, I do realize the importance that derivatives can play with leverage and risk management. When I said that fear is always highest at the +2 standard deviation of the log-linear regression channel, this was confusing because typically fear is highest when price reaches the -2 standard deviation. In this particular ratio chart, fear over the Grayscale Bitcoin Trust was highest when Bitcoin outperformed it enough for the BTC/GBTC ratio to reach the +2 standard deviation. When I said that the log-linear regression channel is one of the best indicators, I do realize that compared to other statistical methods, this indicator is quite rudimentary. Nonetheless, I find it to be quite useful. I apologize for the poor audio, this seems to be a matter of how TradingView is uploading my audio. On my end, my audio is very clear. Important Disclaimer Nothing in this post should be considered financial advice. Trading and investing always involve risks and one should carefully review all such risks before making a trade or investment decision. Do not buy or sell any security based on anything in this post. Please consult with a financial advisor before making any financial decisions. This post is for educational purposes only.
FRED:WALCL
by SpyMasterTrades
38
DOW JONES: Rejection on the 4H MA50 keeping it neutralDow Jones found Support on the S1 Zone as we called last week (see idea at the end) and closed 4 straight candles inside it. The 1D time-frame remains technically red (RSI = 37.784, MACD = -381.660, ADX = 48.656) and the rejection on the 4H MA50 is keeping the price at bay. This appears to be like the rejection on December 21st 2022, which kept the price inside an Ascending Triangle before a rise to the top of the Channel Down. We will maintain our bullish persctive within this patternand target P1 (TP = 33,450). Prior call: ## If you like our free content follow our profile to get more daily ideas. ## ## Comments and likes are greatly appreciated. ##
ULong
by InvestingScope
3
$NDX looks good, better than $DJIRecently we made a post on how $NDX would outperform $DJI being it lacked #banks & #oil & it has done this. As we have stated for some time, we're still CAUTIOUS BULL on the #stockmarket. Even after this latest fiasco. CAUTIOUS is the key word. Daily $NDX broke channel to upside AND longer term downtrend!!!!!!!!!!!!!!!!!!!! Weekly chart shows #NDX holding above the weekly moving avg's & there was a bullish moving avg crossover, yellow circle, & has held. 12900 is an important level for #NASDAQ 100. Breaks that 13700 is next target. $DJI looks okay. It held well until recently. It is close to forming a bearish crossover but we'll see. IMO likely not. While #DJI is much weaker as a whole cherry picking individual #stocks on the index should be okay. We stated $MSFT $AAPL have done well & newbie $AMGN & $VZ for yield. #msft #aapl #amgn #VZ
NASDAQ:NDX
by ROYAL_OAK_INC
DJI - World's End Scenario - short to 200 MMARevisiting this scenario where 1929 style crash fractal is overlayed with current market structure. It was just an excercise and not a prediction but having reviewed the data again and considered Robert Prechter's Fibonacci predictions about the end of Super Cycle wave 5 I am giving it another chance with a speculative short. The short initiate at break of support and will initially act as a hedge to target the 200 Monthly MA / $18k (50% drawdown). Stop at $35,500 (3%) Best, Hard Forky The scenario set out last year with some minor corrections breaks down as follows: - Monthly Chart, 200 Monthly MA - Crash time frame in 1929 to 1932 lasted about 3 years - Today I would estimate this as 10 year period based on the fractal . Interesting outcomes from the experiment assuming the DJI has topped: - DRAWDOWN: 1929-1932 drawdown was 90% setting market back 14 years. From Point A to C, this will take us to $3,500. That sets us back by 25 years (no clear correlation). - FRACTAL: The fractal is close to the present day formation assuming the DJI has topped out (close correlation). - MA: The MA is pacing at a relatively similar trajectory - from the touch in 2009 to today's position at $18,000. Coincidently $18,000 is the bottom of the March 2020 crash at point B. (Interesting coincidence) - SUPPORT: The immediate crash period from point A to Point B would take place around (correction) Feb/March 23 - BEARISH DIVERGENCE : The RSI structure is very similar on lead up and localised formation, (correction) with an uptick in RSI on the retrace. In 2020 we had the covid pandemic which delivered the recent low point on the RSI but the 1929 has the same structure, just a more stable price. Can we trust the 1929 data? (coincidence) - TRADING: Whilst a crash of this magnitude would require some form of major catalyst destroying a generation of wealth, it offers amazing trading conditions both long and short for swing traders on longer timeframes. There are about 6 swing long opportunities during the 10 year crash, each lasting over 1 year and offering 40-50% upside Is it likely, of course not. It's only happened once in a century :) Is it possible, well it has happened before :) ... hmm, that bearish divergence don't look good... it might be time to look at shorts again? Best, Hard Forky DJI - World's End Scenario
DJ:DJIShort
by hardforky
5
DJI - Evaluating Crisis By ImpactBy far the conflicts seen from Russia and Ukraine outweigh the monetary greed fueled by each of the earlier struggles. With the world seemingly in a 'cold war state', all of this preceded by a deadly pandemic that took over our world. It makes sense to evaluate crisis based on impact, and the impact seen on the market just isn't enough and doesn't align correctly with other aspects including cryptocurrency. If a big drop occurs on DJI as suggested by this chart, it will not be followed by Bitcoin . Bitcoin will act as a hedge. The last wave down of a massive pattern formation.
TVC:DJI
by Bixley
Who would you trust with your money?Spoiler alert: More evidence against NDQ in this idea! US Companies are organized in clusters, some of them are DJI, SPX, RUT, NDQ etc. Some of them are more trustworthy than others. And by that I mean which of these sets one can depend on. DJI is indeed a dependable group of companies, the so called Blue Chips. Composed of the 30 largest US Companies. These companies aren't playing around, they have deep foundations that can withstand the worst of crises. The opposite of foundation is hollow ground. In finance, one hollow ground could be derivatives. More info about the possible repercussions of derivatives in my last idea: Derivatives are financial weapons of mass destruction. -Warren Buffett I have talked about how you should not blindly trust the price of the main indices. And as we know, the effect of derivatives is embedded in the price we see every day in our Watchlists. Equity price is a victim of derivatives. You know, these derivatives which by default have no foundation and are susceptible to a possible crash like the .com bubble. Let's hope a ".options" crash doesn't come for derivatives. And if it does, let's hope that the "weapons of mass destruction" was a figure of speech! So how big is their effect? BIS warned about the hidden debt, the "everything bubble" we have created and we are comfortably sitting inside it. Buffett has warned about derivatives. The only thing I can analyze is these hyperbolic charts, namely SQQQ (short QQQ) and it's cousins DOG (short DJI) and SPXU (short SPX). To remotely begin to make sense of their nature, we have to reduce their exponent. Dividing a chart by an arbitrary amount doesn't "flatten" it to a lower growth scale. We will have to raise SQQQ to 0.2 for example to bring it down to meaningful and comparable levels. I tried normalizing these 3 beasts, using the following methodology: For the entire history of SQQQ we calculate the SQQQ^-1 chart, and measure how much it grew in this period. As seen above, SQQQ^-1 increased by 17000x. To make it comparable to QQQ, we progressively increase the exponent so as to make QQQ and SQQQ growths identical. If this explanation didn't make sense, the following chart may clear things out. So we come up with the following "balanced" derivative charts. SPX // SPXU^-0.216 DJI // DOG^-0.62 QQQ // SQQQ^-0.244 WIth the // symbol I mean that these charts move in parallel. So what can we infer from them? More speculation maybe, more questions than answers... But still, there seems to be some important difference between them. I will divide these two charts to make some sense. When the chart increases, the "real" part of the index is increasing. When the chart decreases, the "derivative" part of the index is increasing. So in a sense, the chart increases when indices grow fairly , without cheating using derivatives. First SPX Next DJI Finally QQQ (NDQ) Painful... Is this derivative bubble the only reason NDQ is still afloat in this immense QT environment? In an attempt to keep business going and as money gets scarce, Big Tech is pushing prices higher using an immense amount of derivatives. Are these derivatives going to be the doom of NDQ? All of this may be speculative and some charts may not be financially true. But sometimes, price simply discounts everything. Tread lightly, for this is hallowed ground. -Father Grigori
AMEX:DOG
by akikostas
10
DOW JONES Don't get confused.It's starting a new multiyear rallyThis is a chart we've looked into in the recent past for Dow Jones (DJI) but amidst the recent uncertainty, we think it is necessary to refresh in order to keep things into a longer term perspective. The time-frame is the 1W (weekly) where Dow is seen forming an Arc pattern on the 1W MA50 (blue trend-line), which since the 2009 housing crisis bottom, has formed every time it corrected on the 1W MA200 (orange trend-line) and rebounded (excluding of course the March 2020 COVID crash). On both of these occasions, this Arc pattern was an Accumulation Phase before a new multi-year rally. The 1W RSI is also on a familiar pattern with those prior fractals, forming an Arc construct on a Lower Highs trend-line. Is this the final accumulation before Dow starts a new multi-year rally? ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
TVC:DJILong
by TradingShot
4
DJI | Wyckoff DistributionYou might not recognize this chart. To get some background on it, refer to the linked idea down below. You will find it in my profile. As it turns out,it looks like we are in a classic Wyckoff Distribution. It is remarkable that this is hidden beneath our noses. The timing and the accuracy of the future phases may not be completely correct, the path is illustrative of the phases, it isn't drawn using wave theory. I will gladly accept any helpful/corrective comments regarding this. Tread lightly, for this is hallowed ground. -Father Grigori
TVC:DJI
by akikostas
4
Dow going Down?The Dow is testing an intermediate support at 31776 but we're seeing a really nice potential pullback to an overlap resistance of 32490 which is also a 38% fib retracement. A reversal from here could see prices drop all the way down to the next overlap support at 30285. It's worth noting that price has also crossed below the Ichimoku cloud suggesting that some bearish momentum might be on the cards. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
VANTAGE:DJ30Short
by Rockqet
Things look ugly for $DJI but there's ray of light$DJI has seen a ton of SELL volume & in reality the environment doesn't seem conducive of any positives. Bu there are some. Pluses: Doji - Needs more confirmation tomorrow. Oversold on daily & support is 32.5k Major long term downtrend is around 31.1k Inverse Head & Shoulder can still pan out as long as #DJI doesn't break below the last barrier. Technically, it can go to MAJOR support in the 30k area. Yes, it's ugly but that is some hope for the bulls. The other indices don't look as good.
DJ:DJI
by ROYAL_OAK_INC