Djianalysis
Dow Jones surges to record highs on Fed easing expectationsThe Dow Jones Industrial Average (DJIA) ascended to record highs on July 16th, 2024, fueled by mounting expectations of a Federal Reserve policy shift towards a more accommodative stance.
Fundamental Drivers:
Federal Reserve Policy: The CME FedWatch Tool currently suggests a near-certain likelihood of at least a 25-basis point interest rate cut by September, with the upcoming July FOMC meeting potentially maintaining current rates. This anticipated monetary easing is bolstering investor confidence, particularly in sectors sensitive to interest rate fluctuations, such as industrials and small-caps.
Economic Data: Recent economic data releases, including stable retail sales figures, point towards a potential "soft landing" for the U.S. economy. This reinforces optimism and supports the ongoing market rally.
Sector Rotation: Investors appear to be strategically shifting away from large-cap technology stocks, which have thrived in a low-interest-rate environment, and allocating capital towards sectors anticipated to outperform under rising interest rates.
Confirmation: The significant rise in UnitedHealth Group Inc. (UNH) on July 16th (up 6.11%) exemplifies the strength in non-technology sectors.
Looking Forward: The Dow Jones' momentum remains robust, and further upward potential exists if upcoming economic data continues to align with the Fed's potential easing narrative. Investors will be keenly focused on forthcoming economic releases and the July FOMC meeting for any insights regarding the timing and magnitude of potential rate cuts.
CASH DJI wave C or 3 may have started today The chart posted is that of the DJI avg We have held once again support and the FEAR GREED has now printed a 38 So the put call is bearish as is the new /high/ new lows So why should the dow jones rally reason it stopped going DOWN I think we maybe forming a DIAGONAL
FRACTALS and THE GOLDEN RATIO The chart posted is one I use to call major turns .As you can see the peak in feb 2020 saw a perfect decline and that decline times 1.618 call the exact Top in Jan 2022 and as we are nearing the END in which I see the rally from oct 2022 low as a classic wave B forming . we come to to the next golden ratio part of the fractal pattern that started march 9 2009 .That low was also a perfect golden ratio low dated back to 1932 low and dec 1974 from the peak of from 2000 and its relationship calling for a top in 2007 that was off by 0.15of a percent but the decline was off by only 2%. So we are now nearing the golden ratio target just above 39000 and we are running up to form a very negative divergence on the monthly as well as nysi . I talked about the monthly bollinger bands and the 1.4 to 3.4 above the bands data back to 1902 and in everytime that this has happened The Market as at a major top last month that was 37750 we peaked and dropped in a 3 wave decline . this month that same band is now at 37777 .I maintain we must pop above this by 1.4 to 3.4 % giving me a target of 38300 right in the middle of my target 38200/38400 as the alt to 37750 . could we get above this I hope so in fact 3.4 % would reach a target of 39070 right near the 4.236 golden ratio target from 2009 . what does this mean . ??? it is also a near perfect wave B relationship wave A x 1.272 = 39200
DJI will be able to create RSI divergence in the near future?TVC:DJI
DJI will be able to create RSI divergence in the near future?
DJI will have an adjustment in the near future, but no one knows how much, where and at what price.
But in a certain expectation, I think that the case of the price increasing a little more (maybe to near 40K) and then creating an RSI divergence is a fairly typical case for this bullish pattern.
US30 DJI on 20-11-2023 : BEARISH BIASEDUS30 Index can go Bullish if,
H1/H4 closing happens above 35000, it can move bullish upto 35150 level.
or it can go Bearish if,
H1/H4 closing happens below 34880, it can move bearish upto 34730 level
#️⃣ Trend expectations from 8:00AM to 12:30PM USA Time EST.
#️⃣ Trade with 1-2% risk only.
50 EMA @ 33990If you read this you will learn more about the rocket booster strategy.
Am from eating my small healthy sandwich breakfast.
As am thinking about what to write to you.
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I check my trading system-inside this system the DJI TVC:DJI Has signaled a buy.
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Here is what the Rocket Booster System Looks Like:
Price has to be above the 50 EMA
Price has to be above the 200 EMA
Price has to be in an up-trend
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Trading can be an emotional game, but if you remember this strategy
and stick to it you will defend yourself.
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If you would like to learn more please rocket boost this content.
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Disclaimer:Do not buy or sell anything i reccomend to you.Do your own research before you trade.The purpose of this content is for education.
US30 forecast, shortThe Dow Jones Industrial Average (DJIA), Dow Jones or the Dow for short tracks the performance of 30 of the biggest companies in the US including Boeing, Intel, and Dow. It’s often used as a barometer for the overall performance of the country’s equity markets. Historically it’s one of oldest and most followed indices. The chart is a useful measure of US economic health. Follow the Dow Jones live with the real-time chart and view the latest Dow forecasts, news and analysis. Key pivot points and support and resistance will help you trade the Dow Jones today and into the future
Dow Jones 10/10 MoveDow Jones - DJI
Description :
Bullish Channel as an Corrective Pattern in Short Time Frame and it has Breakout the Lower Trend Line , It will Complete its Retracement at Previous Strong Support or till its Lower Trend Line at Fibonacci Level - 61.80% / 78.60%
Entry Precautions :
Wait until it Rejects with Strong Bearish Price Action
Global Equities; The decline of rationality ...... and the rise of financial engineering - manifesting in a generational shift toward pure leverage.
"When they look back at this segment of history they will probably ask: What the hell were they thinking?!"
Reporter: "How is it possible that the DJIA loses 90% of it's value? ...
B.G.: "It is very simple, really. First, it loses 50% of it's value and then, 80% of the remainder." - Benjamin Graham, from a 1934 interview.
Dow Jones (DJI) -> Back To The TrendlineMy name is Philip, I am a German swing-trader with 4+ years of trading experience and I only trade stocks , crypto , options and indices 🖥️
I only focus on the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise.
This is how you build real long term wealth!
In today's anaylsis I want to take a look at the bigger picture on Dow Jones.
At the moment the Dow Jones is retesting its previous all time high which is roughly at the $35.500 level and the index is already starting another bearish rejection.
If we see a retracement back to the lower bullish trendline of the rising channel which is sitting at the $30.000 level, this will be a textbook bullish continuation setup on the Dow Jones.
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I know that this is a quite simple trading approach but over the past 4 years I've realized that simplicity and consistency are much more important than any trading strategy.
Keep the long term vision🫡