DJIA - Long and short Setup Breakout or Breakdown US30LTF Analysis on the Dow
Closing in on the Apex so a break to the upside or downside is Iminent.
See chart for trade setup if you take it ..
Ensure to know your Invalidation and use a SL
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Djiaforecast
East vs. West; The Nikkei will obliterate the Dow!!... And that's without even the currency differential factored in! (... which should add an additional +8%-13% to the down-side.)
This spread currently sits right at the Quarterly Pivot.
As it stands, under even the most unlikely circumstances (worst case scenario) this spread, the Short DJIA / Long Nikkei225 , is a 4.5:1 R/R trade. A trade that anyone should take, especially if one finds oneself being forced to stay long equities - for some inexplicable reasons.
The Weekly;
The Bubble End Game (in terms of the Dow - DJIA)OK, so this I had mapped out quite a while ago but despite my general agreement with the widely circulated May 24, 2021 Dooms Day predictions (in as much as a likely date around which the music will stop ), this (chart)setup was still missing it's trigger . - Until last Friday, that is.
That last 15 minutes of trading on Friday, March, 26., 2021 was no ordinary window-dressing! That was a no-holds-barred locking onto the Final Target and simultaneously initiating the count-down, All-in . (By various players and in no small part by Sovereign Public "Investors" - i.e.; Central Banks.)
If one examines the Who bought What, How and Why - and why at that exact moment -, the gig is up. - Not that those key players had any place left to hide hence, the notable drama preceding the whole event during the previous 24 hours. (I imagine that by the time of this posting it's all out there so I shall spare the repetition.)
At the risk of stating the obvious, the size and enduring length of this current Speculative Bubble deserves (even demands), at the very minimum, at least an attempt to find some still unsuspecting buyers to trap and onto whom to unload as much as humanly possible before the music stops and the silence becomes deafening. - And that means;
An Exponential Blow-off Top
.... that was the trigger , this picture was missing, until last Friday, that is. (And Yes, last Friday's market close was the first and only trigger , in this particular frame work.)
- And since nothing tickles a (historically uninformed) speculator's fancy like a no-rhyme, no-reason, all-in, exponential charge into oblivion... Well, you got it! - Or at least the beginnings of one.
So, what is special about Dow 37130-37250, around the 1st week of May, 2021 that would make it a likely Final Price Target ?
- Confluences!
Providing a (rather obvious) Final Top between Dow 37130 - 37250;
... and potentially close to the much-touted May, 2021 time frame.
... after which, most likely;
... nothing but Gravity.
Game on!!...
The Best (passive) Index SHORT in the world. - The Dow!The Title Chart is the DJIA/Nikkei225 - the best of them all.
Here are the rest;
This one is not very representative since it reflects the weakness in the Pound.
Still, it is a country-mile better deal than holding the Dow (Long).
Well, you get the idea as the rest of the worldwide indexes reflect the same story, across the board. (With the Asian Indexes leading the pack vs. the DJIA!)
One other, important issue to consider that these - above -declines haven't even factored in the Currency Differential(s) between between local currencies and the U$D. - Doing so, the Dow has an even grimmer future.
Dow Jones: Superman 💪💪💪Just like the man of steel, the Dow Jones dominates the index landscape and pushes for another bullish run. After the turbulent the past weeks, it was finally able to set itself free and performed strongly after missing our target box by just 12 points. Next, we expect the Dow Jones to rise around 33464 points, after which we expect a correction to set in.
Stay tuned for more Daily Market Up8s!
DJIA long trade ideaPlan: resistance level breakout --> wait for the price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar, etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
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Thank you for your support ;)
GWBFX
I'm hearing scary things - SELLI am short the entire market.
What I was just told by a high level politician is earth shattering and biblical.
The USA Corp. is bankrupt. The previous president signed a new Declaration of Independence on July 4, 2020. Check his wife's Twitter posts.
The United States is now running under the original 1776 Constitution and everything that has happened by the new administration is null/void including the inauguration.
I was told everything Congress and the Senate are doing and have done, is null/void because it was done under the old USA, Corp.
I was also told, due to the election fraud, and the illegal certification of a fraudulent election by the previous V.P., it is treason. I was told to read the 14th Amendment.
I was also told the military is running the United States, and not who you think.
As for Washington D.C., I am being told at least 2000 troops will remain and arrests will start taking place soon.
I am told this is the biggest military sting operation in the history of the United States and even the World.
I was told big news is forthcoming.
Moving into cash.
SHORT!
DOWN(Dow)Jones after 17:24GMT21.12.2020$DJIA $DJI $YM $MYM
#DRAWDOWN
♁ 21.12.2020AD — possibly
today 17:24 GMT 12:24 EST
or before 31.12.2020AD
⛢ new #Economic #FULCRUM
2nd for 2020AD
cf. March 18, $VIX
VoC ☽
♃ ☐ ♅
📉 #DowJones down
→ #downJones *
#Gann #WDGann
Via
Breadth Swinging Methodology
BreadthScreener Portfolio
DOW 30k! 💨After the election results, the Dow jumped to new record highs on Monday, marking its high just shy of the 30k milestone. Our primary expectation is a breach of the 30k mark and a continuation of wave iii in orange. To confirm the outbreak, the Dow must break above the 30k mark. Should the bears send the market on a detour, and the support at 28781 is broken, we expect the further downward movement towards the next support line at 27648. One way to play the current scenario is to place entry orders above and below the mentioned decision levels. The upcoming days will be filled with suspension!
DJI SECONDARY REACTION AFTER BREAKING FALLING WEDGE (BULL TREND)DOW JONES INDEX
READ BEFORE U TRADE / INVEST!!
EN : DJI will start forming a secondary reaction after several day of his bullishness, we can see a small gap still hasnt close at 27449 - 27247 and i analyze that this secondary reaction will close this gap first before moving upward also the stochastic already at overbought area also the fibonacci internal retracement of 0.618 cluster with the closing gap thus DJI will move down to close the GAP area. after closing the gap hopefully DJI will bounce back to his bullishness. the area of resistance cluster with 1.618 harmonic ratio will be at 29070.6 this area also cluster with the classic target price of the falling wedge pattern itself.
IMPORTANT NOTE :::::: GAP AREA IS 85% PROBABILITY CLOSE THAT MEAN ITS STILL CAN BE A CHANCE FOR DJI FOR NOT CLOSING THE GAP AND MOVE UPWARD
ID : DJI akan memulai membuat secondary reaction setelah beberapa hari dari bullishnya, kita bisa liat ada gap (lubang) kecil yang belum ditutup pada area 27449 - 27247 dan saya menganalisa itu bahwa secondary reaction ini akan menutupi gap(lubang) ini terlebih dahulu sebelum naik begitu juga dengan stochastic sudah berada di area overbought dan fibonacci internal retracement dari 0.618 bersinggungan dengan penutupan gap tersebut jadi DJI akan turun terlebih dahulu untuk menutupi area GAP tersebut. setelah menutup GAP semoga DJI akan mental naik untuk bullishnya. area resistance bersinggungan dengan rasio harmonis dari 1.618 berada di angka 29070.6 area ini juga bertepatan dengan classic target price pada pattern fallingwedgenya itu sendiri.
NOTE PENTING :::::::: GAP AREA MEMPUNYAI 85% PROBABILITAS UNTUK DITUTUP ITU BERARTI DJI JUGA MEMPUNYAI KEMUNGKINAN UNTUK MELANJUTI NAIK DAN TIDAK MENUTUPI GAP TERSEBUT
THANKYOU - TERIMAKASIH
Rupin
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