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
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Djiaforecast
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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DowJones - Only levels I'm playing right nowLong above upper black
Short below lower black
Keep it SIMPLE
DowJones - I'm short and its losing momentum at 27KAlways take profits on the way down but we are against heavy resistance here around the 27K area.
DowJones index........How I'm playing itLong above "upper black" or short below "lower black."
Don't over complicate your trading.
Keep it simple and stay patient and take profits and move stops when the market moves in your direction.
I have my stop orders in place. Join me in trading it on PrimeXBT. Feel free to DM me for a referrel link and 50% off trade fees.
Cheers and happy Monday!
ridethepig | Equities Breaking Down!📌 Flows to illustrate end-game cycle chains
-> Here we are tracking a very advanced flow, the struggle for Long Bonds to complete the final ⚠️ breakdown and trigger capitulation in debt . This would be more natural to develop ahead of US elections as it would imply maximum pain giving enough energy to help form a base on 'surprise' Trump victory.
To keep the pressure on we will see the usual talking heads; Fauci, Gates and the rest push for further lockdowns, but the correct flow was indeed called earlier in the month to switch from the 3,200 SPX which is when we went underweight US Equities. In the Dow, 26,500 is now acting strong resistance and will be difficult for buyers to crack that ahead of Elections; remember we also have no-deal Brexit and Covid all still to play for...
The unaware will continue to buy blindly, unpacking the scrabble box and load thinking its a one-quarter wonder recession - retail participation is shooting through the roof. It was a necessary ✅ to clear before we can see the Sovereign Debt Crisis. Smart hands are tracking the claims number and understand that recoveries DO NOT look like this:
Fortunately we were ahead of the weakness in Global Equities and Vol, but the rally has been difficult to defend:
This next leg lower can now be played. Seller's positioning after Witching with this little loosening move created the room to attack. In the immediate time; look to target a sweep of the lows before adding any US exposure for the next business cycle.
Notice how we still did not get into the 15,500 zone called earlier at the lows:
The courage to intentionally let retail hang oneself for weeks; just on account on a remote possibility of a second wave; is now sadly going to be rewarded. Look at defaults coming to our theatres very soon, sellers smell blood and have suddenly awakened to fresh activity!
We also have the VIX Panic Cycle entering into play right on time as forecast, it has been game, set and match for all of those trading VIX flows live:
Thanks as usual for keeping the support coming with likes, comments, charts and etc!
Strong Bearish Daily Base TARFGET 1000 POINTS (Correction Time)Correction Required on a daily base up to the weekly end.
Trend: Downside 500-1000 points
Reason: V-shaped Recovery completed.
🛑SUPPORT/RESISTANCE
✅S1= 26500
✅S2=25400
✴️R1=26900
✴️R2=27600
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Thank you for your support, I appreciate it.
DOW IS IN RANGE FOR LAST TWO DAYS WILL IT BREAK TODAY !!COMPARING MY YESTERDAY STATEMENTS WITH REAL MOVE.
1.In point no.2 I shared that market is trading in no trade zone can not decide any side position. You can see it spend all day in small range not giving chance to earn both sides. That is why I said no trading area.
2. Now I have been saying since last Friday that short is my biased for market but market is not providing set up to go short side. You can see in fig. I made a green circle which is pointing two candle formation that price is rejected in first candle and weak bulls tried to take price out of pink color zone. But in last two hrs. bulls again tried but could not.
3. You can see left side of chart on same zone two days back first rejection of price. This is providing that bears are eager to get price control from bulls. Until and unless price breach the upper end of red dotted zone we can not consider strong bears entry. This is four hrs chart. Now I show you lower time frame of 5 min in lower box. See what is happening . I feel local distribution is going on showed in two green vertical lines. when this process complete price will start to move down side. Till then price will remain range bound.
4. Stock is game of probability so we find good set up in best probability side. So other side move can come if market break Z point swing then I will be bullish. Rest market is supreme will decide today.
YOGESH VATShttps://www.tradingview.com/x/6zAWhw4m/