AAPL (Apple) - Bearish Double Top & Momentum - 4 HourAAPL (Apple) stock price has double-topped below $179.11 and has established a lower-high in the price.
Bearish momentum has also begun on the MACD indicator (medium-term time frames).
Entry (short): $175.25
Profit Target +5% (exit): $166.15
Stop Loss -2.5% (exit): $179.68
Intra-day price fluctuations will occur everyday. This chart setup may take several weeks to complete.
Utilize stop loss, profit targets, position sizing, and risk management.
Note: Many stocks and ETFs have reached a price resistance zone, and are showing signs of potentially reversing down.
All content is Not financial advice. Trade at your own risk.
DIA
X (United States Steel) - Bearish Double Top & Momentum - DailyX (United States Steel Corporation) stock price has double-topped below $38.57. Bearish momentum (MACD) has down-crossed on a daily time frame.
Entry (short): $37.25
Profit Target +12% (exit): $32.76
Stop Loss -6% (exit): $39.49
Utilize stop loss, profit targets, position sizing, and risk management.
Note: Many stocks and ETFs have already rallied up for the past two weeks, signs of price potentially topping out have formed.
XLB (Materials sector ETF) price has also reached a Resistance Zone and could possibly pull back to the downside.
All content is Not financial advice. Trade at your own risk.
DIAUSDT TECHNICAL ANALYSIS DIA lost almost 90% from May 2021. Is it time to reach last ATH again?
The candles are break out resistance line and break out down trend line as well. You can think it is break out from triangle too. We have received couple buy signals from @EngineeringRobo as well. If next candle open-close completely above down trend-line and If resistance line turn to support line, earning might be INEVITABLE.
Let's follow our chart closely and let's earn together. Please don't forget to follow me as well.
"NFA"
Dia is a Dia-mond? In recent weeks, there has been a significant increase in volume .
I'll be watching this volume increase at the bottom.
What do you think of Dia? Please share your comment.
* None of what i write here is not an invesment advice. Please do your own research before investing in any digital asset.
* Never take my personal opinions as investment advice, you may lose your money.
DIA 320/315 Put Credit Spread - March 18th ExpiryDIA - The index ETF I like to trade but never gives me liquidity haha.
Fill: 0.544 Fill (after comm)
Strikes: 320 short - 315 Long
Max Loss: 500-54 = 445
Short leg delta': 0.16
Reasoning:
1. White lines identified support/resistance zones
2. 10% return on margin and 16 delta short leg was below these zones and provided additional margin of error
Simple trade with simple management - 50% take profit or -200% stop loss
Questions, Comments, Leave them below!
Why is the S&P price holding/bouncing at the current level?Because it is sitting on top of the trading channel that it defined since the turn of the 20th century. The only time that the S&P broke above this channel was the dot com bubble. That is a pretty ominous sign if you ask me. The good news is that the S&P is still inside the blue channel that started in 2009.
1D
4h
2h
2 year prediction of total2, by Dia. big dump incoming.Seems like in a week or so we get the big answer. Market looks extremely bearish , I personally dont believe we can break the resistance
Pattern looks incredibly bearish.
We always dump before halving
the cup is drawn too big, it should not break the previous support of 462b
btc 19k bottom, maybe scam wick to 13k
expect 2020 highs of every altcoins, and some altcoins to completely be destroyed
90% chance S&P goes down to 3900-4000I have a custom moving averages trend indicator that creates a metric based on the relationship between price, 20, 50, 100, and 200 day SMA.
price > 20 > 50 > 100 > 200 then metric = 1.0
price < 20 < 50 < 100 < 200 then metric = 0.0
otherwise, it will be somewhere in between based on their relative postion (above/below).
I color it based on two thresholds (bull=green, bear=red, else blue). Not as important, but the second line is the percentage of the current price relative to the 200 day sma (turns green when it goes below 10%).
So, back to the idea. Right now the indicator is blue and sitting right at 0.35. Looking all the way back to 1996, there were 11 times that the indicator reached that level. In 10 out of the 11 times the S&P continued to fall to 0.24 or lower. That tells me that there is a 10/11 = 90% chance the S&P will continue lower.
How low, that is a guess, but the most likely level will be around 3900. Why, that aligns to the price the S&P jumped out of the green trading channel that it was contained in since 2002. It also aligns well with the red dotted line that provide support in 1996 and resistance in 2003-2006.
At that point I hope we could see a strong rally back up to test ATH, but we could just get a small rally and head on down to the black dotted line that is the center of the channel that connects 1929 and dot com top.
Now there is a 10% chance that we rally from this location. I think that is something to keep track off because right now the price is sitting right on top of the green channel. If it can hold, then this would be a good time to retest ATH. Both times price touched this channel top, we say sharp and dramatic rallies. The next week or so will be critical to determine the direction.
SPY - Pullback to $400 still possible with H&S patternI still think the Head & Shoulders pattern has not completed and the near term bottom is the $400 level ($390's). That would also complete a nice 0.382 fib retrace of this really long wave since the June 2020 pullback. It would also fill the gap from April 2021. Not to mention, the $400 level is a very strong psychological level, and I expect heavy buying if we get near it. After that, I think we could see a more sustained rally, but also the risk of more sideways for the major part of 2022.
I am neither really bullish or bearish at this point. I am currently long on about 60% of my portfolio with some VXX exposure to hedge. Crossing my fingers for a good rally off that $400 level.
DIA token formed bullish Gartley for upto 37.5% pumpHi dear friends, hope you are well and welcome to the new trade setup of DIA token with BTC pair.
Previously I shared a trade plan of DIA with USD pair, which is still in play:
Now on a 4-hr time frame chart, DIA has formed a bullish Gartley pattern.
$DIA Analysis, Key Levels and Targets. $DIA Analysis, Key Levels and Targets.
That 331 got hit… and there’s not a whole lot of resistance from here to about 301… to maybe 293 and actually theres a gap at around 283 too to watch … That would be my next place to swing.
That would also be about the top of the pre-pandemic top, which personally I think it needed to correct back then…. So
GL
$DIA Can Jump Up Now #DowJones #US30Traders, Dow Jones and other indices (NASDAQ and SNP500) yesterday had a blood bath but they all completed their respective bullish patterns. US30 (Dow Jones) completed an M FCP pattern and has also touched a weekly trend line. It is also forming a good monthly candle pattern which indicates that March can be a bullish candle for this market. As the conditions are not very favourable , a tighter risk management is needed.
Trade what you see and ignore any hypes. Stay objective.
Rules:
1. Never trade too much
2. Never trade without a confirmation
3. Never rely on signals, do your own analysis and research too
✅ If you found this idea useful, hit the like button, subscribe and share it in other trading forums.
✅ Follow me for future ideas, trade set ups and the updates of this analysis
✅ Don't hesitate to share your ideas, comments, opinions and questions.
Take care and trade well
-Vik
____________________________________________________
📌 DISCLAIMER
The content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of education only.
Not a financial advice or signal. Please make your own independent investment decisions.
____________________________________________________
TARGET ZONE DAX TOP The chart posted is that of the DAX daily chart so has to see it better . We have ended pt 20 and should be on our way to see a new high in pt 21 again use this to sell into . As I wrote in dec 2021 2022 the year ofd a 20 % decline transition or rotation ? BEST of TRADES WAVETIMER
What happens after double top rally in markets?I am using index ETFs here since I use them for option trades and they are so widely traded. Study DIA, SPY, and QQQ and note the double top similarity as it corresponds to RSI. DIA and SPY were a little stronger in that RSI showed a double top above 50. QQQ had an earlier 20 below 200 ma cross, so it is weaker and its RSI did a double retest of 50. Friday's candle broke the lows on these three charts and technically triggered more downside.
However, in this anything can happen market, there is a possibility that this Friday-Monday pullback results in another move higher before making new lows. For trading, this means be patient and do not over-commit to one direction. You can start a smaller swing position and add more puts when you have more confidence in the trade.
Also, though not shown here, stochastic %K has given a sell warning on the daily chart. The candles from 9-11 Feb moved %K from above 80 to below 20. Sometimes more downside follows immediately, while more often there is a price bounce up first as %D is still making its way lower. I cannot predict which will happen but I know to be on the lookout for a reason to buy puts.
I want to discuss IWM separately, as it does not have the same double top formation on RSI and price. IWM is more bearish, as 20sma crossed below 200 earlier, and so this chart is weaker. When you look at its weekly chart and indicators, you may want to buy swing puts.
$DIA $DJIA Key Levels, Analysis & Targets$DIA Long View - looking out into mid-year - I added a few targets
What I’m thinking is a possible retest of 331… and if that breaks I’ll be looking to the 293-301 area. (And actually there’s a gap right below that so perhaps targeting that area as well… so 282, 293, and 301 would all be the next buy levels if 331 doesn’t hold
And with this I’m starting to look into Late April/May.
Let me know your thought,
And of course, this is the big picture… there will be lot’s of opportunities in both directions and I'll zoom in on some smaller time-frame plays as they come up, with the bigger move being down.
GL
——————
I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you. Check out my ideas, but also do your own due diligence.
I have a huge tolerance for volatility so please know that. If you’re new to my trade setups please try them on a small scale first. Then go in with a risk you’re comfortable with.
I am not a bull. I am not a bear. I just see what I see in the charts and I don’t pay too much attention to the noise in the news.
If you want me to analyze any stock or ETF just leave me a comment and I’ll do it if I can. (If I have time)
And most importantly… Have fun, y’all!!
(\_/)
( •_•)
/ >🚀
how the dow gold ratio played out in the inflation 70sAMEX:DIA
TVC:GOLD
GLD
charting the ratio of dow to gold. dow above, gold below. Look how purchasing power eroded. The dow in nominal dollars went sideways for a decade, while gold rose over 20 times. the dow went from "costing 26 ounces at one point to "costing" only ounce at the peak of golds spike.