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Djiashort

ridethepig | Dow📍 Major Updates on Dow, Nasdaq and S&P coming this week. Equity buyers are not happy, the loss of the technical structure seeks compensation and yet in similar risky fashion the Portnoy crowd continue to buy the dip at over extended levels. The one missing aspect to their account, inflation, it will land a devastating blow to the real economy and eventually, when the Fed taps, the stock market will follow. The Russell already broke down: Late buyers are trapped. We are going to hear a lot more on the media about how investors continue to rotate to value, but the cycle down has already started and this is an advantage to sharp speculators. To the downside the levels to track 24,500; 22,800; 18,600. Thanks as usual for keeping the feedback coming 👍 or 👎
OANDA:US30USDShort
by ridethepig
4
DJIA (Dow Jones) Futures Losing Momentum (I'm short)DowJones agianst resistance and losing momentum, I still believe we are in for a correction. Currently in a short and always have layered profits down to my target or $25,750 (always book profits) and don't get greedy on the way down. Questions or comments please let me know! About me: I keep trading as simple as possible. Will not give my method but will give you entries. Don't get greedy. Take profits quick when in green. Let's make money together!
UShort
by UnknownUnicorn2820659
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!
Editors' picks
UShort
by ridethepig
16
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/
TVC:DJIShort
by yvatsji
8
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
TVC:DJIShort
by yvatsji
2
DOW JONES INDUSTRIAL AVERAGE INDEX (DJI) DailyDates in the future with the greatest probability for a price high or price low. The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates. One way the Djinn Indicator is used to enter and exit trades: For best results trade in the direction of the trend. The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30. When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered. When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered. This trading strategy works on daily, weekly and Monthly Djinn Predictive charts. This is not trading advice. Trade at your own risk.
TVC:DJI
by Dinjin
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
TVC:DJIShort
by yvatsji
7
DJI: Market Showing Weakness, Short Term (May 3)X Force Global Analysis: All markets is currently showing weakness in both technical and fundamental reasonings. With no clear signs of recovery for the COVID-19 situation, we may see an uprise of technical traders taking advantage of the situation to drive price down even further trying to keep the technical aspects on a larger picture in tact. With that being said, we can see a clear break of the 1D rising wedge that may drive us down to the main three fib levels. Another interesting correlation is with the cryptocurrency markets, where Bitcoin is showing similar signs of retracements and bounces. Please check the extreme similarities in our other analysis: Trade Safe.
TVC:DJIShort
by XForceGlobal
Is It Time For The Recovery? Or More Down Side? (DJI)Their is a lot to study here. Ever since our initial breakout we have not seen a retest on the breakout to test for a support. Each impulse has decreased roughly by 7% each push back up. The last wave was a 7% impulse as we reach the level of Resistance. The decrease in buy percentage could represent a correction to come. 24815 is key break level for upside continuation. If it did fail to breakout out I'd look to play a bounce off the downward breakout level to see if we can find support. Total we have 5 waves up to current level. Could be end of a wave cycle. I know that these times have impacted many lives and ultimately I just wish it would fly back up and the world can go back to work. Very critical area for the stockmarket around these levels. Enjoy.
TVC:DJI
by UnknownUnicorn2319099
My Outlook On The DOW (DJI)Ascending wedge break to the right of long term upward support with highs being hit at 24150 key area of Resistance to test for an attempt at an upward breakout. 23000 is support area for the current range. Weekly crossover for bullish shift and the ema dots are firing green. But, keep in mind that we don't have a close on the weekly till may 4th. Overall the weekly is in development and trying to recover from the crash. We want to watch the open and see if it can push through 24150 with good volume pushing on the books. Currently the one hour is green. If I get a Crossover on the 1 hr to the downside from rejection I'd than look for a 24000 break for a short to test 23000 If breaks to the upside your going to want to see it push towards the old wedge support and see if it rejects as new Resistance. That would be a good place to take profits. We need to keep in mind that the monthly and the 3 month are overall bear pressure. We now scout the weekly to try and find a good long term position to enter here, but it results in if we want to make higher highs or lower lows on the smaller timeframes We still have to be conservative with the higher timeframes. If this ranges breaks down than it could be a Distribution play and could result in a good size drop. I hope this helps, I wish you all the best of luck trading this week! Have a blessed day. 😁
TVC:DJI
by UnknownUnicorn2319099
📉 Dow - Jones Continues to FallHello everybody. Having examined in detail the wave structure from the beginning of the decline, I conclude that an increase from March 23 of + 30% , is only a correction of the decline impulse. This correction I marked by the fourth wave, which is most likely already formed. From 24000-24400 I expect a continuation falling in the fifth wave, with the aim of updating a minimum of thirds wave. However, after fall to the area of 17000-18000, probably the first phase of the crisis will be end, and the markets will begin to recover. Good luck!
DJ:DJIShort
by T_A_R_A_S