Get started

Djia

DOW JONES INDUSTRIAL- ELEVATOR DOWN 11%DOW JONES INDUSTRIAL AVERAGE INDEX 1Hour Timeframe Short term idea: SHORTING Hello there and welcome! This one will be a quicky: -RSI: We can observe, RSI making lower lows as well as lower highs. The price -Volume: Volume is decent, but declining. It is weaker than the days before. Might turn to a bearish trend, when it first lowers and then rises while dropping to the next support zones, at what point we want to see high volume again, to determine a (temporary bottom). -Fibonacci Tool: The Index is at the 50% retracement exactly. While we dropped down from the all-time high, this is the retracement. In this retracement, we are currently back up 50%, which is an absolutely normal counter-move of a big bearish drop. In most cases, the bear trend continues. I would not give too much about the fib-levels, though many people using it, there might be some information about market behavior. -As you can see, the market tried to push through the 50% retracement level 4 TIMES. This is the fourth time, and each attempt became weaker and weaker... Expectations: I expect a decline to 20800 in the coming days! From that point, we will manage our trades again and rethink! Have a nice day, your german-quality-trader
TVC:DJIShort
by GER-Quality-Trades
2
DJI broke down the first level of support!While everyone in the social media is talking about another market crash in 2021, and the inverted yield. DJI is showing signs of weakness and volatility which can continue for some time. Scenario 1 - downtrend: DJI broke below the 100 moving average, it has also broken the daily support trendline. This indicates either a downtrend momentum is happening or a correction to next previous resistance level that should act as a strong support. Scenario 2 - volatility and continue the uptrend DJI would just fall into volatility for 2 months and then continue its path to uptrend.
TVC:DJIShort
by Skypips
1
US30 (Dow Jones)Just as in the Dax, another high could be in store for the Dow. However, I think this scenario is more likely in the Dow. In this case, the Dow would also have only one more x built-in on Friday. I have rebuilt my count a little compared to the last post, by placing the red x of the orange (z) now on the low at 29430. In the now running yellow circled z we would have here an ideal target of 31980 in whose proximity is also the 1.00 extension of the red y. This is at 31749, so that a run-up to this area is currently the most likely scenario. However, my last count remains valid until the break of the high.
FOREXCOM:US30
by Elliott-Waves-2_0
Traders switch from Indices & Gold to BitcoinDespite all of the fundamental reason and environment indicator, all traders has been switched to the bitcoin. Right now I have been invest in the bitcoin and make it as an investment non traded. Unlike the indices and gold, we must rely the main factor. On the other hand, online system working from home thus the online money, making the bitcoin in demand. Bitcoin is a second income that back up the indices and gold apparently. The bitcoin has be in trend after it reached to the $30,000 value. Compare to the other 4 years back while bitcoin still on $400-$500 in value. Now, bitcoin and all other altcoins trader looks into and they want to get rid the political issued on the indices and apparently gold has comin into issued plus with the dollar from $103 value going to the $0 value in the future. Regards, Zezu Zaza 2048
B
by Zezu_Zaza
Line in the sand #stocksDJIA is testing its recent weekly low. This is an important level because a close below 29956 could mean a further move down into the breakout rectangle support zone from 29530 - 28328. For now the trend is still up despite the heavy selling today but lets keep an eye out for how the market closes today. Volatility is up but not near the highs of December and it seems to be moving much more then the overall market. We don't want to panic sell into the lows but we should remain cautious.
CBOT_MINI:YM1!
by IngenuityTrading
DOW JONES Buy SignalPattern: Channel Up on 4H. Signal: Buy after the MACD makes a bearish cross and drops below 0. Potential low when the RSI approaches its Lows Lows trend-line. Target: Calculate it to be near the 1.236 Fibonacci extension. Modest estimate 30600. ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** -------------------------------------------------------------------------------------------------------- !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !! 🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> TradingView --------------------------------------------------------------------------------------------------------
CBOT_MINI:YM1!
by TradingShot
2
Will the stock market decline if DXY holds this Support?This is a simple yet very informative study showing a comparison of Dow Jones against DXY (U.S. Dollar Index). Since early 2015 the DXY has been ranging (wide range but still range) and especially after 2017 it established a clear Resistance (103.800 - 103.000) and Support (88.200 - 88.900) Zone. Every time it hit the Resistance and got rejected (Jan 2017, March 2020), Dow Jones started rising aggressively. Similarly when DXY hit the Support Zone (Feb 2018), Dow Jones (though volatile) made a new Low. The DXY is currently very close to that Support Zone. Will another rebound here kick-start selling on the stock market? That chart certainly shows that. However we have to consider the (much longer) Cycles of DXY on a decade span (I posted that chart earlier today), which suggest that there are increased chances of breaking this Support. Which scenario do you think will prevail? Will DXY hold this Support and cause selling on stocks or the opposite? Feel free to share your work and let me know in the comments section! Please like, subscribe and share your ideas and charts with the community! -------------------------------------------------------------------------------------------------------- !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !! 🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> OCDJ --------------------------------------------------------------------------------------------------------
FOREXCOM:US30
by TradingShot
3
DOW JONE Buy SignalPattern: Rising Wedge inside a Channel Up. Signal: Buy as the price hit the 4H MA50 on the Higher Lows trend-line of the Rising Wedge. Target: 30300 (The Higher Highs trend-line of the Rising Wedge). Please like, subscribe and share your ideas and charts with the community! -------------------------------------------------------------------------------------------------------- !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !! 🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> superkitty --------------------------------------------------------------------------------------------------------
ULong
by TradingShot
DIJA/USA30 TradeHello guys, I haven't published anything in a while but im back at it again. I have been looking for a few charts to find a nice short term trade and I wish to help you guys understand my strategy so that you may use it yourself in future trades. My win-rate with my strategy is roughly between 75-90%, and opposed to the hacks making youtube videos or selling trading signals, I am not lying, nor am I trying to gain money from you so there is no conflict of interest. As you see I am using a divergence strategy, it's my favourite because it will save you from taking bad trades on breakouts or doing stupid things like buying/selling where the market is reversing. I would highly advise anyone going into trading to learn how to spot divergences, it can appear in multiple indicators but my go-to is the RSI as I feel like it shows itself more clearly, but this is a matter of preference. The DJIA is on a clear uptrend now as you can see in the daily chart, and is currently in a pullback which was also warned by the bearish divergence on the resistance line going across the past few peeks. It then created a bullish divergence close to the support line which is where I made my entry. Due to having to log back into my trading account I did not manage to get in when I wanted but my price is around 30.025, which is still alright. I would advise everyone to only take trades in the direction of the trend, of course with divergence you can trade both ways, but your win/loss ratio will likely decrease. My TP stands currently around 30.250, giving me a gain of little under 1%, however my leverage trough CFDs are 1:30 meaning my total potential profit will be around 30%. However I would not recommend using leverage over 1:5 or 1:10 if you are not experienced in the market, as that 30% win could easily be a 15% loss depending on your risk management.
FX:US30Long
by DonBboy