Dow Jones Industrial Average 15 Min. Chart AnalysisDow jones industrial average 15 min chart analysis shows a simple chart pattern.
Djiaoutlook
US30 Analysis and Trade Idea... UPDATE!Went as forecasted.
Check out the previous video for the analysis and setup.
Would love to hear from those that benefited from the analysis.
Smash the like button, if your would.
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 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/
HAS DOW STARTED ITS JOURNEY TO DOWN SIDE SEE YORSELF !!!COMPARING MY SATEMENTS FOR LAST TWO POSTS WITH THE ACTUAL MOVE IN DJI
1. In yesterday post point no 2. I clearly mentioned that if dow opens gap down . As it opened slightly gap down, one should wait for price breching red dotted zone to short . In monday post I clearly mentioned that swing high Z is the stop loss for shorts positional trade. That high is still intact. Both days post are attached for those who really want correct insight for this index. They can check all details to understand the present phase of dow.
2. As you can see price is still above the red dotted line so this is no trading zone for positional new traders . Those who are already in trade can put sl of Z point swing high. Now for new traders, for positional trades , let price break the lower end of zone and it sustains 30 mins after breaking then positional shorts can be initiated. Trend change to upwards direction when price breach Z swing high. Rest market will decide.
YOGESH VATS
GET READY TO SEE TREND CHANGE IN DOW FROM MONDAY ONWARDS TRADE PLAN FOR 18/5/20( MONDAY)
1. The chart I am showing is the daily chart of DJI . Here currently dow is in local distribution phase , where last leg of upwards move is going on. In fact intermediate corrective structure last leg.
2. This is irregular corrective pattern whose last leg is expected to go in red dotted upper micro zone . This the point where this local phase of distribution will end with the completion of c leg of intermediate correction is expected to finish. It may be possible that price would move from lower end of red dotted zone to down side.
3. When this sort of structure gets completed , then with trend gets started that is from point Z is down. Therefore, as per my analysis dow will see fall from Monday on wards. As you all know stock market is game of probability nothing can be 100% sure. So some conditions also apply with this analysis. lets us discuss them in detail.
4. You can see in fig. I made an arrow of green color pointing towards up side. In fact that is showing one condition here. The condition is If price breaches the upper end of micro red dotted zone and comes back in next one hour with out breaking swing of upper side and the day candle closes in red zone, then this zone will remain intact. And positional shorts can be taken with the stop loss of upper swing high. with the first target of blue support line.
5. On the other hand , on breaching price from upper band of red zone and price do not cone back in next one hour of trading then sentiments of shorts will change to longs. Rest market will decide . Price is supreme.
YOGESH VATS
DJI BUY FOREXCOM:DJI BUY from current price
TP1-26910
TP2-27450
Hi traders here i have a buy idea for DJI
What are your thoughts share your opinion on the comments also support me with likes
Trading Pathways Analysis of DJI H4 Chart
The outlined white arrow pathway is the predicted pathway that the DJI H4 will follow in the coming days or weeks. Using my unique charting methods, I have been able to arrive at HIGH PROBABILITY turning points where DJI H4 will turn.
PLEASE NOTE THE ABOVE ANALYSIS IS FOR EDUCATIONAL PURPOSES ONLY. THEY ARE NOT DIRECT INSTRUCTIONS TO TRADE AND ANY LOSS INCURRED BY FOLLOWING THIS ANALYSIS IS AT YOUR OWN RISK.
Eiseprod of Trading Pathways
THE DOW JONES INDUSTRIAL AVERAGE INDEX THE DOW JONES INDUSTRIAL AVERAGE INDEX
DJI OUTLOOK MONTHLY CHART
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.
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--This information is not a recommendation to buy or sell. It is to be used for educational purposes only .Alllways do your own research---
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DJI First Bounce, Before Clip Hanger!DJ:DJI
CBOE:VIX
DJI is in a clear downtrend. The market formed a double top, broke the neckline of current formation, and completed its first bounce. After the bounce, which I suspect is almost over, the market will continue its' downtrend.
DJI - DOW JONE - UPDATE - FOR FREE - :) - LOLDJI (DOW JONES) should be retracing to Fibonacci retracement level of 0.618 as per the blue arrow.
Also Stoch RSI is going is also on the up
See previous analysis
PLEASE LIKE, COMMENTS AND FOLLOW FOR MORE
DJI Bear Market Probability?There is a negative divergence for the RSI; also it seems to form a head and shoulders pattern. There is quite a probability that monthly candle might form an engulfing bear, if you see that, it is a good sign of entrance to bear market.
Dow Melt Up : Pe Ratios, Inflation, Temporary Illusions of GrandDow Melt Up ?
How much inflation can
they stuff into stocks
before investors &
traders wake up to
the fact that PE ratios
are in bubble territory !
The Orthodox Broadening Top - Is a Crash Around The Corner?The 4 charts seen in this post are all from different time periods, all the same pattern, and all have the same result (except present day). Ladies and Gents 3.01% - I present the Orthodox Broadening Top (Parabolic Edition). This is a simple pattern - high, low, higher high, lower low, higher high, crash. The 1st chart (top left) is the Dow leading up to the massive crash in 1929 and the Great Depression. I'd like to point out that 1905-1920 was a sideways secular bear market before the run up (more on that in a few). I have noted years on the chart (all of them that aren't present day) where the chart seems to correlate with today's. The 2nd chart on the top right is Silver -0.20% . After that last spike, from high to low, it seen a crash slightly above 72% occur. The 3rd chart (bottom right) is the Dow back in 1959-1966. This was leading into a 16 year sideways secular bear market (like the one from 1905-1920) that was from 1966-1982. The bottom left is the final chart, which is present day. I wanted to point out that a secular bear market predated the crash in '29, and we had a secular bear market most recently (66-82) and haven't had one since. Could a crash be around the corner? If history tells us anything - that or a secular bear market seem to be coming sooner than later.
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
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.
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.
SHORT DJI ::: REVERSAL CALLDJI is expected to sink now.
There are many reason why we feel it may sink.
01. It is below quarterly buy level.
02. hammerl in daily Chart.
03. To sink and may come near 16150
04. Stoch RSI (3,3,14,Close) is not clear.
05. RSI(14,CLOSE) Is Bearish.
06. CCI(20,CLOSE) Is also sinking.
Keeping all the above indicators in view along with the chart pattern we expect it to sink. Our sell call shall be from sell bellow:16628 with a SL @: 16839 Tgt01: 16334 Tgt02: 16150 . We are expecting this to happen shortly. 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.
DJI LONGDJIA is expected to rise.
There are many reason why we feel it may RISE
01. It is trying to touch Monthly Risk buy level of 16719.
02. BULLISH ENGULFING in WEEKLY Chart.
03. To RISE and come near 16597.
04. Stoch RSI (3,3,14,Close) clearly states it may RISE.
05. RSI(14,CLOSE) Is also of the same view.
06. CCI(20,CLOSE) Is of the same view.
Keeping all the above indicators in view along with the chart pattern we expect it to rise. Our BUY call shall be from 16427 with a SL @: 16379 Tgt01: 16544 Tgt02: 16597 Tgt03: 16759. We are expecting this to happen shortly. 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.
