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Djia

The Best (passive) Index SHORT in the world. - The Dow!The Title Chart is the DJIA/Nikkei225 - the best of them all. Here are the rest; This one is not very representative since it reflects the weakness in the Pound. Still, it is a country-mile better deal than holding the Dow (Long). Well, you get the idea as the rest of the worldwide indexes reflect the same story, across the board. (With the Asian Indexes leading the pack vs. the DJIA!) One other, important issue to consider that these - above -declines haven't even factored in the Currency Differential(s) between between local currencies and the U$D. - Doing so, the Dow has an even grimmer future.
TVC:DJIShort
by Nemo_Confidat
DOW JONES (DJIA) – Week 10 – Bearish pressure increasing.The main stock market Indices had a strong session on Tuesday as Treasury yields backed off a bit. Dow Jones hit a record high before backing off with expectations that The House will pass the vote for the $1.9 trillion Biden stimulus bill on Wednesday. Technically speaking, the price made a new historical high, reaching the 32180.0 level. At the moment it looks like this bullish move needs some space to breathe, as the price started to lose some momentum at the upper channel line. We expect a bigger degree bearish pullback to take place, with a chance to find some support around the 30k level. If that area is breached, we anticipate the momentum to increase and continue towards our first target in order fill the GAP created at the beginning of November. Trade with care. Best regards, Financial Flagship Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move
TVC:DJIShort
by financialflagship
34
DJIA long trade ideaPlan: resistance level breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY **Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
ULong
by GWBFX
4
I believe that Gold is gonna blow off then jump down.This is an early development but, I believe that since GOLD is in a downward trend in the short term, a breakout will occur but then once it reaches to 1950s, then I expect a drop-down or a continued up. Just a theory. The RSI is in the normal territory, which does not signal it is a blow-off or a blowdown but check the coming days and then see if an up is made or a down is amde. Warning! I am not a financial adviser and take this with a grain of salt. Happy trading!
TVC:GOLDLong
by informalStar16695