40 Bar Cycle Chart - Dow Jones DIA DJIA - Updated 121722This last week, markets initially rallied on the release of the "cooler" than expected November CPI (Consumer Price Index) — only to be smacked back to reality on the comments via Federal Reserve Chairman J. Powell during the December Interest Rate Decision (FOMC) meeting this last Wednesday as "higher for longer" is the communicated pathway forward for the FED and financial markets.
Whether this is all talk to put some intentional downward pressure on markets, as financial conditions have eased as of late — or this is the actual pathway forward and the bond markets are mis-pricing the projected Terminal FFR (Fed Funds Rate, now >5% into 23'), some indicators such as our (40-Bar Cycle Chart) 📉 are highlighting what is likely another leg down in financial assets as QT ramps up and higher interest rates take their toll on real economic activity. Keep in mind that behind the scenes, the FED in coordination with the U.S. Treasury are working their magic 🧙🏼♂️🔮 in terms of FED Net Liquidity to keep things "(dis)orderly".
Here is the updated 40-Bar Cycle Chart for DIA DJIA, which seems to be sitting on some major support. Given the structure of the markets after losing the $330 DIA / $33,000 DJIA, along with J. Powell and other FED speaker comments post-FOMC on Friday, is the hopes for a year-end 🎅 🎄 rally wishful thinking?
DIA Daily Chart Template
www.tradingview.com
Which camp are you in on the short-term (end of year into Q1/23') direction of markets?
Camp A: We are likely we headed for new lows in Q1/23 (Fluctuating Inflation + Persistent Price/Wage Pressures + Hawkish FED).
Camp B: We are likely to break the downtrend into the start of Q1/23' (Peak Inflation + Deflationary Forces + Dovish FED).
Let me know your prediction in the comments below! 👇🏼
Dialong
40 Bar Cycle Chart - Dow Jones DIA DJIA - Updated 121022Given that we are headed into the release of the November Consumer Price Index this upcoming (Tuesday, December 13th) and also the December Federal Reserve Interest Rate Decision (Wednesday, December 14th) , are markets set up for another short opportunity into the end of January (Q1)?
DIA DJIA Daily Chart Template
www.tradingview.com
Which camp are you in on the short-term (end of year into Q1/23') direction of markets?
Camp A: We are likely we headed for new lows in Q1/23 (Fluctuating Inflation + Persistent Price/Wage Pressures + Hawkish FED).
Camp B: We are likely to break the downtrend into the start of Q1/23' (Peak Inflation + Deflationary Forces + Dovish FED).
Let me know your prediction in the comments below!
28.4.2021 - DIA (DIA / BTC)Hi Traders!
Some altcoins have been growing quite solidly in recent weeks, which is why this is a suitable situation in which you can multiply your Bitcoin. We will therefore show you specific DIA / BTC trade. We monitor this trade on a daily chart, which means that if you decide to buy, we can reach the targets in 1-2 months - we are talking about a medium-term trade. Why DIA and what do we see on the chart?
This is exactly how I imagine the bottom on altcoin. Again, we see 3 basic cycles - growth, decline and finally consolidation. In the current chart, we see in particular the final consolidation, which is happening in a triangle. We reached the bottom on January 14 and have been following higher lows ever since. However, we still couldn't make a more solid breakthrough or growth that we see on other altcoins. This is exactly what could happen in the coming weeks. The upper trend line creates strong resistance for us and we also have strong zone resistance at the level of 903 - 997 satoshi.
The chart is ready for growth, but it will not start until these two resistances are overcome. In this case, I would choose 2 targets. The first on the level of 1,382 satoshi and the second on 1,872 satoshi . This would be a potential gain of 95% and 164%, which is certainly an interesting evaluation.
the bearish scenario , it would be very bad if we crossed the bottom trend line. If that happened and DIA created a new LOW, then I would rather close the trade as fail.
May the crypto be with you!
$DIA bullishvolume is great
retested previous resistance turn into support
DIA/ BTC also looks very bullish
may print some weekly chad into price discovery I wouldn't be surprised
- my personal entry was 1,72$ (still keeping them as long term bags)
- long term targets 5$ >
- mid term 4,37$
Disclaimer
I'm not a registered investment, legal or tax advisor or a broker/dealer. All investment/ financial opinions expressed by me are from the personal research and experience. Intended as educational material. Although best efforts are made to ensure that all information is accurate and up to date, occasionally unintended errors and misprints may occur.
Do your Own Research
My content is intended to be used and must be used for informational purposes only. It is very important to do your own analysis before making any investment based on your own personal circumstances. You should take independent financial advice from a professional in connection with, or independently research and verify, any information that you find there and wish to rely upon, whether for the purpose of making an investment decision or otherwise.
Past performance is not a guarantee of future return, nor is it necessarily indicative of future performance. Keep in mind investing involves risk. The value of your investment will fluctuate over time and you may gain or lose money.
$DIA 4H (80M market cap)80M market cap
- strong resistance breakout
- after retracement and confirmation I'm expecting some upside movement
- with all the oracles now trending it's simple after mid cap - low cap
- my personal entry was 1,72
t1: 3,62
t2: 3,91
t3: after 4,132 price discovery
Disclaimer
I'm not a registered investment, legal or tax advisor or a broker/dealer. All investment/ financial opinions expressed by me are from the personal research and experience. Intended as educational material. Although best efforts are made to ensure that all information is accurate and up to date, occasionally unintended errors and misprints may occur.
Do your Own Research
My content is intended to be used and must be used for informational purposes only. It is very important to do your own analysis before making any investment based on your own personal circumstances. You should take independent financial advice from a professional in connection with, or independently research and verify, any information that you find there and wish to rely upon, whether for the purpose of making an investment decision or otherwise.
Past performance is not a guarantee of future return, nor is it necessarily indicative of future performance. Keep in mind investing involves risk. The value of your investment will fluctuate over time and you may gain or lose money.
DIA Gaining Bullish Momentum So We Need To Find An EntryDIA is gaining bullish momentum and so far it has been respecting the trendline perfectly. You may draw a simple trendline and set your alerts on TradingView so if the price touches the trendline you may find your perfect entry within the price action. Otherwise, you may buy the breakout or the retest and let the price action run.
SPX Support Levels (Nearing buy levels)SPX has been hit hard lately but I think we are now closer to support levels that should be watched closely. I have a few stocks with market cap slashed in half and/or are more than 50% down that I am watching. As I mentioned in my last $AAPL idea, this downturn will move fast now before the fed rate cut and any stimulus package.
I believe that we hold the 200MA (second support in the chart) if not then we have a long way down to Dec 2018 lows. I know the expert will blame corona virus but digging deeper, the market was overly overvalued and needed to sell off with or without the corona virus. Now, the corona virus could lead us into a recession in which case whatever extended bounce we get with the stimulus package and rate cut will be temporary.