#US30 #DJI #DowJones Weekly Top Down Analysis & Trading PlanTraders, US30 has been moving upwards like all other major indices. However this is just a correction on previous impulse leg and can not be considered as a recovery. We still have an opportunity to short this when it resumes impulse downward trend.
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D-DJI
HERE IS THE SHORTING LOCATION FOR DOWHello everybody,
I am seeing a lot of harmonic numbers pointing towards the 25000 level on Dow Jones. I believe if we are in a bear market, between 24000-25000 will be where the potential big money people will be spoon feeding the market. If we have another leg for the down side, i believe the bottom will come in when everybody is hopeless and fearful and desperate as there wont be enough ventilators for all at least in many developing countries. To be exact, bottom might be around 15308 or 14166 if we have that other leg for the downside.
I still see corona cases increasing . I see the exact disconnect between the markets and the corona cases that i saw on 19th of February 2020 where i called the Top in SP500.
DO YOU OWN RESEARCH. IF BULL IS ON, WE WILL BREAK THESE RESISTANCE. ALWAYS HAVE STOPS. DONT BET MORE THAN 5%. PLAY FROM A POSITION OF STRENGTH.
Best wishes
Sincerily
Bo Bugra Sukas
HOW TO USE BOLLINGER BANDS? [EDUCATION]✅We talked about how to use Bollinger Bands (BB).
I really enjoyed making this video, I hope you as well. 🙏
We will continue our education videos. You may get notified once we do publish the next educational video, if you already follow us on TradingView.
Take it easy.
~Bo Bugra Sukas
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✅We talked about Tom Demark (TD9) indicator here.
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✅We talked about Williams%R indicator here.
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✅We talked about MACD indicator here.
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✅We talked about Relative Strength Index (RSI) indicator here.
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✅We talked about Money Flow Index (MFI) indicator here.
#US30 #DJI #DowJones Full Weekly Analysis & Trading PlanTraders, US30 has been moving as I predicted and expected. Now this current level is critical for the price. I am expecting a downward movement. Here is my analysis and trading plan. Support and motivate me by hitting the like button, subscribing to my channel and sharing this analysis with other traders. Comment below and let me know what you think of this analysis and what is yours? I welcome all comments, feedback, ideas and sharing of knowledge.
Have a great trading week!
HOW TO USE RSI INDICATOR? | 4 RULES TO KNOW [EDUCATION]Hello everybody,
In this video, we talked about RSI indicator and 4 ways that we can use it.
If you enjoyed this education video, smash that like button and drop a follow so i will make more
videos like this.
See you guys tomorrow.
Take it easy.
~Bo Bugra Sukas
HOW TO USE MACD INDICATOR? [EDUCATION]✅We talked about MACD indicator and 2 ways that we can use it.
I really enjoyed making this video, I hope you as well. 🙏
We will continue our education videos, so, i am looking forward to sharing them.
Take it easy.
~Bo Bugra Sukas
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✅We talked about MFI indicator here.
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✅We talked about RSI indicator here.
#DOW30 #DJI #US30 Trading Analysis & ForecastTraders, Like SnP500 Dow 30 aloso created divergence. It has however completed the pattern and also pushed to the first profit target level. It can push even higher based on market momentum.
Support and motivate me by hitting the like button, subscribing to my channel and sharing this analysis with other traders. Comment below and let me know what you think of this analysis and what is yours? I welcome all comments, feedback, ideas and sharing of knowledge.
Have a great trading week!
CORONA Data Analysis | What is expecting us in the future?Thanks for watching.
Please support my work by sharing this video with other investors and traders.
Don't forget to smash that like button here and drop a follow.
See you guys tomorrow.
Take it easy.
~Bo
DJI (Wall Street): Potential limited move north. At this time the overall probability from higher time frames is for DJI to move south (6H to 1D). However, there is a trend move probably on a 3 min to 5 min coming up.
This could move DJI up from 20800 to possibly as an estimate 21600. This is not a prediction. Have a look. Also see my other video that tracked a trend change on the DAX (link is below).
Note: this is not advice - if you lose our money sue yourself. The position is labelled long only from a microtrend perspective.
DJI (WALL STREET) - IN FREE FALLIn this screencast I show that based on the technical picture and using some fundamental concepts, that heavy down side is likely in the next 3 to 6 months. The degree of momentum south is so heavy that I can expect it to move further south on this time frame.
Disclaimers : This is not advice or encouragement to trade securities. No predictions and no guarantees supplied. If you make decisions based on opinion expressed here and you lose your money, kindly sue yourself.
DJI (2H) - Wall Street potential move northThe DJI has reacted in panic mode for many days. It is at this stage relatively oversold on a 2H time frame (only). In this screencast, I show a 'theory of curves' situation which possibly shows a 55% probability north.
Please NOTE carefully that this leaves a 45% probability for the south. Probability estimates base on technical indicators are not 'predictions'. I do not do predictions.
What this means is that on this time frame only price could STILL MOVE SOUTH to an estimated 45% probability.
My probability estimate is also influenced that the Fed is to extend a total of approximately $USD 14 Trillion to the markets. The FED also has the means to purchase stocks in the stock markets.
Disclaimers: This is not advice or encouragement to trade securities. No predictions and no guarantees supplied. If you make decisions based on opinion expressed here and you lose your money, kindly sue yourself.
0% Interest Rate & Trump’s Announcement& Corona Virus’ GrowthKey things to take away from this:
Fed cut rates to 0%.
Trump's positive talk with interest rate cut on Sunday was not enough to pump the stocks.
TD9 is still giving a bear market state.
Day traders can sell any selling opportunities if they think the bear is on.
Take it easy team.
See you on the next one.
~Bo Bugra
Learn These Strategies to Day Trade Against The Market!!!Key things to take away from this:
TD9 is still giving a bear market state.
Day traders can sell any selling opportunities if they think the bear is on.
Any selling opportunity will most likely to work out.
Trump's announcement called some people down. I am expecting the market to go up to set a good shorting opportunity.
Take it easy team.
See you on the next one.
~Bo Bugra
Ready for the Transformation of the Biggest Wealth ever?Key things to take away from this:
TD9 is still giving a bear market state.
Slowly Accumulate, don't pound the table.
Day traders should leverage from this by betting against the market for any kind of pull up.
Any selling opportunity will most likely to work out.
Trump's announcement called some people down. I am expecting the market to go up to set a good shorting opportunity.
Take it easy team.
See you on the next one.
~Bo Bugra
Are you Accumulating for the Next Cycle?Key things to take away from this:
Accumulation Players are stepping up.
As long as there is a cure, the bottom will be in.
If Trump quarantines people in US, we will drop like a rock which is more buying opportunities for value investors.
Take it easy team.
See you on the next one.
~Bo Bugra
BLACK MONDAY LOOMS (AGAIN) 😲👊I can't find a spot of good news over this weekend - or one that would make a sound difference to economies (on a longer term basis). I'm expecting (not predicting) panic on Monday/Tuesday. The markets are NOT economies. They represent confidence in economies - similar to bond markets.
Seriously - it's almost all bad news out there - and the algos will be expected to pick all this up and make 'decisions':
Wall Street collapsed ~700 pts on the weekend (unheard of before). Then a slight rebellion north by 125pts.
Cases surpass 105,000 worldwide; deaths exceed 3,500. The number of deaths from the coronavirus outside China edged toward 500, pushing governments and airlines to curtail travel to and from heavily affected areas.
China death toll rises to 3,097.
Italy curbs travel for northern region around Milan as death toll climbs by 33 overnight to 233. 16 million people locked down!
CPAC attendee was infected; Trump had no contact. Trump said he intends to continue holding large campaign
U.S. tests fewer than 6,000 samples.
London Heathrow Baggage Handlers Test Positive for Virus
The International Air Transport Association warned this week that carriers may lose $113 billion in sales this year, almost four times more than its estimate of the epidemic’s impact from just two weeks earlier.
Saudi Arabia plans to increase oil output next month to well above 10 million barrels a day, as the kingdom responds to the collapse of its OPEC+ alliance with Russia. Commodities traders see this as all out 'price-war' in the face of a simultaneous supply-and-demand shock.(The virus had caused reduced demand for oil and price to fall. There was some talk about limiting production/supply of oil in response. Now the opposite seems to be happening).
US walking into a recession at 'peak performance' - jobs report.
I also expect even higher volatility - which is what all sound traders lurve!! But gamblers also like volatility - so to gamblers I say, " Expect to lose more money than you make! "
Disclaimers : This is not advice or encouragement to trade securities. No predictions and no guarantees supplied. Estimates of probability in one direction leaves a residual probability in the opposite direction. If you make decisions based on opinion expressed here and you lose your money, kindly sue yourself .
FLASHING RED!! BRACE! 🚑😲This is serious picture emerging right now. Have a look. I'm watching what's happening with Gold in relation to the Down Jones Transportation Index, and Bitcoin. This is all coronavirus related.
In tight summary, the smart money is moving into things that store real value - the kind that's unlikely to be affected by central banks.
Disclaimers : This is not advice or encouragement to trade securities. No predictions and no guarantees supplied. If you make decisions based on opinion expressed here and you lose your money, kindly sue yourself.