Get started

Djianalysis

Daily DJI(Dowjonies) Forecast View26-Jun Forecast timing analysis by pretiming algorithm of Supply-Demand strength Investing position about Supply-Demand(S&D) strength: In Rising section of high profit & low risk Supply-Demand(S&D) strength Trend Analysis: In the midst of an adjustment trend of downward direction box pattern price flow marked by limited rises and downward fluctuations. Today's S&D strength Flow: Supply-Demand(S&D) strength flow appropriate to the current trend. read more: www.pretiming.com D+1 Candlestick Color forecast: RED Candlestick %D+1 Range forecast: 0.2% (HIGH) ~ -0.5% (LOW), -0.1% (CLOSE) %AVG in case of rising: 0.8% (HIGH) ~ -0.2% (LOW), 0.6% (CLOSE) %AVG in case of falling: 0.2% (HIGH) ~ -0.7% (LOW), -0.3% (CLOSE) Price Forecast Timing Criteria: Price forecast timing is analyzed based on pretiming algorithm of Supply-Demand(S&D) strength.
DJ:DJI
by pretiming
Dow DJI LONG but massive Resistance in FrontHello to all watching my charts Here i show the Dow Jones after the Fed Meeting and market is closed on 19.6.2019 My channel system tells me we have still a Long Channel and a long position should used. BUT (what i normally not note ) we have now really a lot of resistances in front which i have show also in blue color. As you know form my other posts i always say: Trend channel lines beats resistance lines but if we such a power of resistance in front i cant ignore that. So of course maybe this time trend beats also but i would be very cautions with new longs at that point. If you have a long position with a fine profit maybe from 25100... i personally would tale the profit here Please remember that. Good trades Renkotrade
TVC:DJILong
by Renkotrade
Daily Dow jones forecast timing analysis.Stock investing strategies Read more: www.pretiming.com Investing position about Supply-Demand(S&D) strength: In Rising section of high profit & low risk S&D strength Trend Analysis: About to begin an upward trend as a adjustment trend gradually gives way to increasing limited falls and strong rises. Today's S&D strength Flow: Supply-Demand(S&D) strength flow appropriate to the current trend. D+1 Candlestick Color forecast: GREEN Candlestick %D+1 Range forecast: 0.5% (HIGH) ~ 0.1% (LOW), 0.4% (CLOSE) %AVG in case of rising: 0.8% (HIGH) ~ -0.2%(LOW), 0.6% (CLOSE) %AVG in case of falling: 0.2% (HIGH) ~ -0.7%(LOW), -0.3%(CLOSE) Stock Price Forecast Timing Criteria: Stock price forecast timing is analyzed based on pretiming algorithm of Supply-Demand(S&D) strength.
DJ:DJIShort
by pretiming
DOW/DJI Market Analysis - Entering Consolidation PeriodDOW/DJI graph looks like it's in consolidation.The blue lines (solid and dotted) represent areas where I expect the price to go up/down to. They are the support and resist. The green circle represents a period of time where I think the consolidation will come to an end. What is consolidation? It's when the market is undecided if it will go up or down. What happens when the consolidation comes to and end? We will see a move that will "break" the blue lines and head up or down. The way current conditions are, this consolidation period will come to and end between January 2020 and May 2021. We could then see a crash or break-out. The move up or down, when we come out of consolidation, might be slow as well. The lowest the price will go (before the end of consolidation) is around 22000, the highest around 26500. This is not financial advice. Remember that everything is dynamic and up to interpretation of the trader and the tools they use. I will keep updating this graph every so often as conditions change.
DJ:DJI
by HeliosGamma
The Great Depression Fractal Returns! (Part IV - Mania)Time for a necessary update on the stock market - namely the Dow Jones Industrial Average. I decided to draw this one using the pitchfork tool, to create parallel channels for accuracy. My other DJI charts were drawn with more of a wedge. This chart uses a slightly different model, so some price targets may be revised from my initial speculations. Back in December 2018, I anticipated the drop and then suggested that consolidation and then an eventual move up would be possible, based on the strength of the bounce. As you can see when comparing the 1920's bubble with the current stock market rally, price action would end up being nearly identical. Without further ado, let me call your attention to the main features of this chart: A) The Main Uptrend Resistance (red) - The DJI has followed this trendline pretty closely since the 1929 crash. Since 1931, that red trendline has served as major resistance in 1937 and then repeatedly between 1999 and 2001. It was also major support in the run up to the 1929 crash. B) First Uptrend Support (light blue) - This trendline has numerous touches, and it has served as more of a pivot area than anything else. It probably has the most reactions compared with any of the other lines on this chart. It was major resistance from 1944-1954, major support from 1954-1969, major resistance again from 1969-1995, and has mostly acted as support (except a brief dip below during the 2008 crisis) from 1995 until the present. Our recent December dump actually bounced perfectly off this trendline. This one is very important. C) Lower Uptrend Support (purple) - This trendline has been respected ever since the bottom in 1932. We briefly slid below it during the financial crisis in the late 70's/early 80's, before staying well above it until we bounced heavily off it in 2008. During an eventual stock market correction, I'd expect this support to be tested again. This line should be watched for any potential growth slowdowns. If the Great Depression Fractal is to complete, we may even break below it. This would indicate a severe period of consolidation and slowed down growth (I actually think this would be healthy). This brings me to the next feature of my chart. D) The broadening triangle fractal (orange) - This is an interesting one. You can see that we bounced twice on a similar triangle prior to the Great Depression (two hammers on the bottom left of the main chart). We also did the same thing in 2002 and then again in early 2009. Trump's election spurred a breakout above the top resistance of the triangle, just as we did in 1925 before our final blow off top. If we are to follow exactly what happened after 1929, the DJI could drop all the way to the bottom triangle support, (indicated by the red finger). This would be a major technical failure, and would cause the DJI to drop out of its long term uptrend, if perhaps only briefly. C) The Blow-Off Top - The Dow Jones rallied from about 150 to 400 - a 2.66X increase once that broadening triangle resistance was broken. If the DJI did the same today, that would place a potential blow-off top target at around 50,000 - give or take a little. The reason I set this target is because the orange triangle was broken at around 18,950. A factor of 2.66 from there is 50,407. This means that the stock market could double up from here in a "mania" phase. I've changed my targets a bit from my previous analysis, because I'm looking more carefully at it. We could also get stopped by that red resistance before reaching 50K. If we break above those areas, I'd actually look for a longer stock market growth period. This would be interesting, as it would go against the economic downturn that almost everyone is expecting. This would mean that the stock market could just continue growing....all the way until another channel resistance is formed. Here is the comparison between the 1920's and present day: 1920's chart, where you can see that we might be about to begin a final bubble phase: Present Day Chart And What A Similar Crash Could Look Like: Anyway, I think the similarities are pretty clear. Whether or not it plays out remains to be seen. Perhaps the economy can figure itself out, and growth can be made in new areas (clean energy/environment, for example). This is a SHORT setup (if that orange triangle support is broken to the downside, but for now we can expect that prices MAY increase for a bit longer (even a couple more years)...barring any major disaster. A disaster could send us down to that purple support sooner. Likewise, this is a LONG setup if the most recent high is breached. I don't expect this to be a long term trade though. I personally don't feel comfortable buying stocks for the long term here. This is not financial advice. This chart is for future reference and is based entirely on speculation and my personal opinion. I'm not an expert - just a hobby analyst. Additionally, I personally believe that many tech stocks are overvalued, and that people might soon collectively lose interest in certain progressing technologies. For example, I think Apple stock is nearing a plateau. As such, I think we're nearing the end of a rally for many tech stocks. I think we've been in a bit of a bubble there for the last 15 years or so. I'm also curious to see how cryptocurrencies end up factoring in to all of this (and whether or not they will become a factor at all). Anyway, that's it for now! -Victor Cobra
TVC:DJIShort
by VictorCobra
5
DJI SHORT 1 HR My Trading DiaryHere the turning point sin DJI new highs (Blue Line) and new lows (red line) But with the real points where you had the chance to trade that system. In many cases the shwon trades of trading services have never been there in realtime. In also many other cases it has not been for normal traders any chance to do it like the pros. But here you are able if you watch my 1 HR Charts to start a long position at 25848 and to go short and out of this position at 26320 in Realtime = 470 Points Long + 180 Points Short at the moment 9.4. end of trading day as shown with the RED VERTICAL Lines. Good trades for all
TVC:DJIShort
by Renkotrade
Elliott Wave View: DJIA Futures (YM_F) Should Extend HigherShort term Elliott Wave view on Dow Jones Future (YM_F) suggests that rally from March 9, 2019 low is unfolding as a 5 waves impulse Elliott Wave structure. In the chart above, we can see wave (2) ended at 25448. Now wave (3) ended at around 26507. Up from 25448, wave 1 ended at 25823, wave 2 ended at 25744, wave 3 ended at 26289, and wave 4 ended at 26126 and wave 5 of (3) ended at 26507. Below from there it is in the wave (4) pullback before more upside afterwards should be seen. We don’t like selling the Index as the right side is to the upside against 25448 low.
CBOT_MINI:YM1!Long
by Elliottwave-Forecast
DJI breakout or more choppy action?I'm using Log chart on monthly time frame. Dow Jones Industrial currently trading in very similar fashion of how price action looked before Dot-com bubble. Index must break 27000$ and trade above it for a while in order to continue higher. If we cannot get above recent top, more choppy action to follow based on almost identical structure we've seen before. If we cannot break higher of this blue box, 40% drop might follow. If that's the case, test of 2014-2015 lows might occur and give as 15500-16000$. This is pure speculation and just an idea to look at.. Have a great weekend ahead! DJ:DJI
DJ:DJI
by Patrikas10
DJI Situation end of 15.3.2019 LONG Hello everyone who is watching my charts. Here is the update to the end of today's DJI trading day The situation remains unchanged. What should we pay attention to on Monday? We now have 2 long trend lines the one in the steep Long channel I have marked blue. But I'm afraid this steep uptrend will not last long. But below that we have an interesting 2nd new long trend line which has developed the last few days and which I marked red. This trendline seems to me to be the more important in the longer term, As long as they do not break the situation continues long. First a break of this red line puts the Long Setup in a neutral setup. Underneath there is an important support in the area 25550 which I marked black. If it breaks we are in Short Terrain. But at least there is no sign of this level tonight. --------------------------- --This information is not a recommendation to buy or sell. It is to be used for educational purposes only .Alllways do your own research--- ----------------------------
TVC:DJILong
by Renkotrade
DJI LONG BREAKOUT 15.3.2019 11:30 NYTNow we have an interesting sign here. DJI has break ot of the short channel (i have marked them in red) and comes bak to our well known blue trendline from 11.3.2019 Thats a really strong sign. DJI managed not only to go sideways out . Strong up and trading along the long line in blue. I exspected now higher prices Also to notice We have taken out the resistance at 25757 and thats also a fine long sign. I will update that at end of todays trading.
TVC:DJILong
by Renkotrade