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DJI

Follow the DOW for clues....The DOW is the leader right now...and the saying "Don't fight the Fed" is still very much applicable. There is no pivot, inflationary pressures still exist and the 2022 moves in the US 10 year should not be taken lightly. If you read over my last post (Nov 15th) you know we are following a path similar to the Dot com bust bear market except this time it will be labeled as the Bond bust. DJI (DOW) continues to follow the 2000-2002 path of SMA's flattening out over time while SPX, RUT & NDX lag behind DJI. Obviously, no two bear markets are exactly the same but they can follow similar patterns. In the 2000-2002 bear market you can see the 2 year battle between the bulls/bears wore them both out; just like we have seen over the past year. The 9 SMA or Tenkan Sen has crossed below the 15 & 30 SMA's just like they did during the dot com bust...we then proceeded to re-test the ATH after the crossing of these SMA's before more rejection. I warned in my last post the DJI would probably reach the 35,000 "ish" range and I still believe we will hit this area...I mean Santa is coming to town right? The areas of resistance for DJI are now 35,492.22; 35,824.28 & 36,952.65...I will begin to ladder into the sell side when we get above 35,000. US 10 Year on a 6 month timeframe-This chart should scare the you know what out of any company or person with revolving credit! The continued hiking of interest rates is not "transitory". Commodity Index-Inflationary pressures still exist in case you thought we've reached "peak inflation"....the weekly is one scary looking bull flag. Just takes another "event" and watch out.
TVC:DJIShort
by Vixtine
8
DJI Dow Jones Short???Hello there! Great news came out yesterday regarding the interest rates by May 2023. Regardless, a great pump in market yesterday. But with such actions opportunities arise that can be seen while charting the trend. Here we have Dow Jones Industrial DJI shown: - A previous falling wedge worked it self into a nice pump. - Heading into correction territory. - How do you find where the correction will retest and bounce? -- Take a look at the previous Unclosed gad in green box at the 1HR chart. Gaps eventually will have to be closed. -- Also take a look at the FIB where the 0.618 lands, right at the GAP. What are your thoughts? Thank you for taking a look. Cheers.
DJ:DJIShort
by MARKETLYTICAL
DJI Potential For Bullish ContinuationThe overall bias for DJI is bullish on the H4 chart. Additionally, the price is above the Ichimoku cloud , demonstrating a bullish market. Price has tapped into my buy stop entry at swing high 34106. 01 for this trade. At the previous swing low of 33063.05, where my relative safe stop loss is located. Take profit will be at 35492.22, where the previous swing high is. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
TVC:DJILong
by VantageMarkets
Dow Jones Industrial Average Index Concern!Today you can review the technical analysis idea on a 1M linear scale chart for the Dow Jones Industrial Average Index (DJI). In the chart, I added in the RSI as well as review the Great Recession history to get an idea of where the DJI is headed. It seems that the DJI has been moving up an ARC with a possibility to come down and touch it again. It is currently inside a descending channel. If DJI price falls as much as it did during the Great Recession, it could come down to the $18K level where there is strong support. The RSI could support that type of drop as it is no where near the oversold region. This is presented on the monthly chart so please have patience. If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis . Don't trade based on my advice. Do your own research! #millionaireeconomics
TVC:DJI
by MillionaireEconomics
5
DJI Potential For Bullish ContinuationThe overall bias for DJI is bullish on the H4 chart. Additionally, the price is above the Ichimoku cloud , demonstrating a bullish market. Looking for a buy stop entry at swing high 34106. 01 for this trade. At the previous swing low of 33063.05, where my relative safe stop loss is located. Take profit will be at 35492.22, where the previous swing high is. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
TVC:DJILong
by VantageMarkets
Month DJI Data - DEC likely trade sideways > BONUSESThis is series of charts but can only show 1 1/2 ALWAYS👀@ volume $DJI Late Apr/May heavy DOWN Early OCT noticed shift TURNED FULL BULL, DOCUMENTED Recently, lower volume but NO heavy SELL WHY? BONUSES - #stocks likely to trade sideways till 2023 = Lil down - lil up $VIX $SDOW $UDOW $SPX $NDX $QQQ 2/2 $DJI hourly shows nice trend 4Hr shows weakness signs $DIA ran a lot, expected LARGEST RUNS tend 2b in BEAR MARKETS, FACT - Our position SMALL short, down tiny amount Some longs Nice amount of $ Tons Treasuries few months @ 4.6% Raised #crypto $ bit, nice run over weekend #stocks
DJ:DJI
by ROYAL_OAK_INC
BTC VS DJI - Log Fractal Fib RetraceLooking at the 1M BTC Chart Over the DJI Index I cannot help but notice a 2018 type similar fractal fib retracement pattern. With the current market conditions could lead to a possible retracement on the DJI Index to the 18k-21k $ region, in that scenario we can expect BTC to retrace to the 7k-10k $ levels. Described a possible playout with plenty bull traps and bear traps. One of the first signs to confirm this theory would be a test and rejection in the 27k-29k $ area. Will keep a watch on how this plays out.
TVC:DJI
by Vladgen
7
Bitcoin | SPX, DJI, Altcoins, Flash Crash, The Merge-ETH & MoreWho dares to make a prediction at such a juncture? Anything goes... After this type of action, a new low compared to June but with lower volume... We normally tend to see a test of the "counter trendline", this is as common as it can get. We also have MA200 dropping fast and once this one drops the candles tend to move in the contrary direction and meet up half way. We also have the feds easing a little bit, any good news the market can use as an excuse for a much needed relief. We see many Altcoins that did not hit new lows instead hit new highs, signaling that not all is lost. The SPX is sitting above 4000. Its bear market is not over but already in the relief phase with a few more weeks to go. The DJI broke the August high... We see some positive signals around... What about Bitcoin, where will it go? We are looking for a jump now but we have no volume, no positive signals... So many a flash crash and then up? Ethereum, the merge, is already trading above EMA10 but weak nontheless... I say up... What about you? Let me know in the comments below. Namaste.
Long
by AlanSantana
7