Djianalysis
CORRECTIVE STRUCTURE IN DJI - 1H CHARTHey Traders,
Just wanted to pull this simple analysis on DJI (Dow Jones Industrial Average)
We had an impulse and a corrective structure, I am sure we can get a brakeout soon, watch for that and then go long for a short term trade.
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Hey Traders,
Simplemente compartir este analisis en DJI (Índice Down Jones)
Tuvimos un impulso y una corrección. Estoy seguro que pronto el mercado rompéra alcista, estad al tanto y en la ruptura de la estructura buscad una oportunidad en largo a corto plazo.
Carlos
$DJIA $DJIA Long Term ElliottWave CountThe price of the Dow Jones $DJI has reached long term extreme levels with the 14day RSI marking max levels inline.. Note Elliott Wave theory requires RSI divergence in wave 5 while wave 5 is not the extended one (wave 3 already extended).. Setting this rule on the side and assuming that indeed price is rolling the last 5th wave, I would like to see a possible small pull back to a Fibonacci level and then an extension up again to new highs to see what Fibonacci levels are playing in this last extension up and possibly decode the waves since the extension started.. The reason yet counts have not been marked on the chart for the last extension as wave 5 up.. Note as well at 21.2k price will hit a major resistance..
YM1! & DXY @ Weekly @ "operating under cloud of uncertainty""it`s been a long time as we`re coming" & "theres no turning back now ..."
(www.youtube.com) as the blues - under the clintons (with their fake code red policy) takin over the US - after the cold war! By the way, paint it on the wall , if u don`t wanna buying it ;) After Bush junior and Obama, meanwhile Trump will be right red president, with the best result since years !!! More isn`t possible, hardly !!! The takin` over spoils my imagination (www.youtube.com) also :flushed: ...
How ever, enough (true red or even fake blue) raps - let me show you a few calculations :P
DXY raised just less than 3% & the YM1! just less 8% - last two years! Form this point of view (bigger picture - even takin over of the republicans while the midterm elections and last president elections) we can`t talk from a rally! It`s much more somthing like a come out from the blue water under Obama & this all Anti WalLStreet Movement (under Sanders). If the republicans (under Trump) the market not disappointed - lower taxes, better jobs & more fiscal stimulus - and the fed (under Yellen) don`raise the rates to fast 2017, the market is starting to anticipating and prisíng this (future) in. "No trace of euphoria - Rather, relief that we`re in power back again. And this more powerfull as we all were able to imagine!" But let`s leave that left behind, that topic we already had ;)
Take care
& analyzed it again
- it`s always your decission ...
(for a bigger picture zoom the chart)
This is only a big picture analysis - no recommendation !!!
Buying/Selling or even only watching is always your own responsibility ...
Best regards
Aaron
YM1! @ 30 min @ give him time until Christmas (until evening)basic upside trend is still intact - and runs around 19500 (today) and even around currently prices around 19838 (while 23rd december`16). How ever much more important is the 19810 price are, in my opinion! `Cause this price was the low before yesterdays fed rate hike. And from this point of view, technicly bulls need to defeat this price areafirstly, to get accumulate more bulls for higher prices.
The targets are clear:
19900 last alltime high (tuesday)
19911 alltime high (1st reaction - while fed rate hike releases)
19930 target of lows (before and while fed decission yesterday)
20140 high & low projection while yesterdays fomc press conference
But as i am trying to say: "give him time until Christmas"
- it`s not forbidden to buy lows tomorrow or even next week :)
Take care
& analyzed it again
- it`s always your decission ...
(for a bigger picture zoom the chart)
This is only a analysis (for swing traders) - no recommendation !!!
Buying/Selling or even only watching is always your own responsibility ...
Best regards
Aaron
YM1! @ 1h @ in front, while & after FOMC press conferencelet me first clarify: "i got cold feets traders - & closed my both long positions in AXP & GS"! I am thinking that we will can buying both shares a little bit cheaper, in the next few days :shades: ...
In the YM1! i am still long, not only `cause the sentiment is by far not so euphoric even like in the banks & financials. And by the way the chart is also looking much better! Not so fast and furios - and much more constructive! I`ve made the effort, that everybody understands what i mean - and why i am slightly optimistic - not sensitive - still restrained (kosher) bullish :)
As long the consolditaion Box holds between 19605 & 19431 Points i don`t see any reason the get in panic about the future - in the YM1! - in the US Major Equities - in the US Blue Chip shares.
Take care
& analyzed it again
- it`s always your decission ...
(for a bigger picture zoom the chart)
Best regards
Aaron
E-MINI DOW JONES @ 60 min. @ slightly optimistic upside trendFrom the technical point of view, the E-MINI DOW JONES FUTURE is in an intact slightly optimistic upside trend.
I am pretty kosher bullish and would prefere to buy back above 19000 - even between 19150 & 19100 ...
I don`t think that US Labour Data or even FED Chair Woman Yellen will stop this trend !?
Take care
& analyzed it again
- it`s always your choice ...
Best regards
4XSetUps
Dow to get 23k before crashMorning guys,
Wishing you all a happy weekend - I will not be free much this weekend so wanted to share this chart this morning. The eurusd call was completely as expected which was brilliant for us all, please see the related idea if you have not already plenty more opportunity before we reach parity. There are still plenty of people who continue to think inflation is bad and rising interest rates. Deflation has done nothing to help the European economy. All they keep doing is reading their text books from school.
The Dow has made a thrust up to the late 19k level. We can see technically, the market has closing resistance at 19576 level with the next level up at the 19731 area. I suspect that the majority of the retail public will start to jump in after 23k is exceeded on the Dow. They will keep expecting this to "end any day now" and we may yet get that Phase Transition after getting through the 23,000 level.
The highest PE Ratio took place in 2009 during the crash - not a bull market. Why? Smart money just wanted to park in blue chips. There are times when you just want to park your money when banks and bonds are not a place to be.
Volatility will rise next week, we could pause, retest support then turn back up into January. There is a risk that we then have a correction.
Naturally these moves present great investment opportunities, more on this to come.
DOW JONES Long-Term Forecast2016/11/18. Dow Jones Industrial Average index forecast for next months and years.
Dow Jones forecast for November 2016.
The forecast for beginning of November 18308. Maximum value 19209, while minimum 17035. Averaged index value for month 18169. Index at the end 18122, change for November -1.02%.
DJIA forecast for December 2016.
The forecast for beginning of December 18122. Maximum value 19014, while minimum 16862. Averaged index value for month 17984. Index at the end 17938, change for December -1.02%.
Dow Jones forecast for January 2017.
The forecast for beginning of January 17938. Maximum value 18919, while minimum 16777. Averaged index value for month 17871. Index at the end 17848, change for January -0.50%.
DJIA forecast for February 2017.
The forecast for beginning of February 17848. Maximum value 18887, while minimum 16749. Averaged index value for month 17826. Index at the end 17818, change for February -0.17%.
Dow Jones forecast for March 2017.
The forecast for beginning of March 17818. Maximum value 19416, while minimum 17218. Averaged index value for month 18192. Index at the end 18317, change for March 2.80%.
DJIA forecast for April 2017.
The forecast for beginning of April 18317. Maximum value 19572, while minimum 17356. Averaged index value for month 18427. Index at the end 18464, change for April 0.80%.
Dow Jones forecast for May 2017.
The forecast for beginning of May 18464. Maximum value 19587, while minimum 17369. Averaged index value for month 18475. Index at the end 18478, change for May 0.08%.
DJIA forecast for June 2017.
The forecast for beginning of June 18478. Maximum value 19685, while minimum 17457. Averaged index value for month 18548. Index at the end 18571, change for June 0.50%.
Dow Jones forecast for July 2017.
The forecast for beginning of July 18571. Maximum value 20670, while minimum 18330. Averaged index value for month 19268. Index at the end 19500, change for July 5.00%.
DJIA forecast for August 2017.
The forecast for beginning of August 19500. Maximum value 20733, while minimum 18385. Averaged index value for month 19544. Index at the end 19559, change for August 0.30%.
Dow Jones forecast for September 2017.
The forecast for beginning of September 19559. Maximum value 19696, while minimum 17466. Averaged index value for month 18826. Index at the end 18581, change for September -5.00%.
DJIA forecast for October 2017.
The forecast for beginning of October 18581. Maximum value 19368, while minimum 17176. Averaged index value for month 18349. Index at the end 18272, change for October -1.66%.
Dow Jones forecast for November 2017.
The forecast for beginning of November 18272. Maximum value 19430, while minimum 17230. Averaged index value for month 18316. Index at the end 18330, change for November 0.32%.
DJIA forecast for December 2017.
The forecast for beginning of December 18330. Maximum value 20402, while minimum 18092. Averaged index value for month 19018. Index at the end 19247, change for December 5.00%.
Dow Jones forecast for January 2018.
The forecast for beginning of January 19247. Maximum value 20102, while minimum 17826. Averaged index value for month 19035. Index at the end 18964, change for January -1.47%.
BLUE CHANNEL- Weekly UP since 2009
RED CHANNEL- Short-Term down *broken
GREEN/RED- Weekly Key HIGH/LOW Levels
Ponzi scheme could crash - US30 - all marketsPanic and doom are transformed overnight by relief, hope and greed - in what is widely known as the biggest Ponzi scheme in the history of the world. Google and YouTube are your friends.
This is not a prediction - it is an expectation based on hard facts that are out there.
Yes - the markets are always right as I hold no power over the future. But there is a thing called reality and even markets have to obey it!
DJIA : The index should retrace after new ATHThe Dow Jones Industrial Average (DJIA) has made a quick and powerful bounce from 17883 to 18873 points (Thursday). It represents a 5.5% increase in only one week. The victory of Donald Trump has apparently raised the idea that the new policies might spark a stronger economic growth.
After that short term progression, we can clearly see that the underlying trend is definitely bullish :
- the previous short term tops have all been passed
- a new all-time high (ATH) has been drawn
- this bounce approximately matches with a short term reversal point, according a cyclical analysis that highlights a 4.5 months periodicity taking place since July 2015.
On that situation, investors should probably wait a short term correction to enter long on the DJIA . Currently, the technical indicators (RSI + Stochastics) are overbought : it is not a reason to sell if you are already long, but it is definitely not the moment to enter long if you were not.
A congestion of the last week upside wave could have an amplitude of 62.8% (Fibo retracement + previous short term top) ; above that level, I will keep a close eye on that index to detect bullish reversal indications inside the correction .
Stay tuned for updates , and feel free to leave your views on comments
LONG DJI ::: RISK CALL :::The reason why we feel DJIA may Rise.
* On weekly basis it has started moving up
* To Rise and come near 17287, 17418 levels .
* Stoch RSI (3,3,14,Close) is Rising.
* RSI (14,CLOSE) is Rising.
* CCI (20,CLOSE) is Rising.
Keeping all the above indicators in view along with the chart pattern we expect it to Rise. Our Buy call shall be from Buy above :17151, SL:17113, Tgt 01: 17245, Tgt 02: 17287, Tgt 03:17418. The view expressed here is on weekly basis. A WORD OF CAUTION IN LONGING THE DJIA as DJIA has already travelled to far into buy region be ready for a snap back.. [b ]Caution: The above is our personal view. Neither a recommendation nor a tip nor an advice for trade. Please consult your personal financial advisor before investing.