dow and jones index - short signalwe have a very good short signal for dow and jones index, for long and short terms both are down, don't ever buy it, all positions supposed to be short not long
Djiasignal
Dow Jones: Industrial but not average!It is currently not really easy for the Dow Jones. The bears are bothering the course. However, we expect the course to rise again and surge past the resistance at 36446 points. If the course falls below 33928 points, we will see another round of corrections.
Got all your gifts already?
Am I Crazy to Expect DJIA to Drop by 8000 points Long Term?Markets are strong and the outlook currently is very bullish. So anyone who thinks that markts will drop significantly in the mid to long term would be laughed at right?
But i just cant help but notice that markets are way too high at the moment. everything seems pretty over valued - although market analysts will say the valuations are just about at the right level if not still low.
Could all these excellent company earnings be transitory, thus skewing the markets?
or perhaps theres something more to come, such as another wave of teh pandemic that could pull the markets down.
Whilst we are yet to see what it could be... my better judgement of technical alalysis tells me we could see a big correction in the markets over the long term.
Im aiming for around 26,000 for teh DJIA. Time will tell.
4-digit Dow (<9999) imminent?!...... Sure looks like it. - Especially since a ~70% decline here would be nothing more than just a garden variety return to the historic mean.
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.
How is it possible that the DJIA loses 90% of it's value? ..."It is very simple, really. First, it loses 50% of it's value and then, 80% of the remainder." - Answered Benjamin Graham, to a reporter, in a 1934 interview.
DOWGOLD Ratio - SHORT; Look where it is sitting!What "global recovery"??... Are "they" serious? - Of course not. But it is entertaining, that much is true.
Going long Game Stop makes a great deal more sense than owning US equities - or any other, for that matter.
(At least a case can be made for he former .)
... and here is one (among many!), reasonably reliable Risk On(Off) FX pair ...
... which says that the title chart just hit the wall.
DJIA - SHORT; On its way to test the pandemic lows?!Likely!
As it happens, the Dow's trajectory is in perfect agreement with the Gold / Copper Ratio's price level projection!
Pure coincidence??... Not likely.
Here is that "famed" ratio (... and Yes, it still does work!);
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
DJIA Struggle to Stay Above 28,000 It didn’t take long for the major indices to get back to all-time highs, as they began this shortened holiday week with a solid rally on hopes for a trade deal. The prospect of renewed economic growth and favorable monetary policy have also played some roles for the rally.
Overnight, DOW rose 0.68%, but lagged comparing it with S&P 500 and NASDAQ. Obviously, the market will continue reacting to whatever the current trade headline is - bad or good - with the relevant price action.
The H4 RSI indicator is going to test the 70% area now. This could imply an aggressive profit-taking activity for the coming sessions. The inability to keep above 28,000 will be the first sign of selling pressure. Taking out 27,675 will indicate the selling pressure is getting stronger. The next support in that case will be the 50-day SMA on 4-hour chart which has risen to 27,489.
On upside, the index seems ready to re-test the record high at 28,090. A clear break above it could extend the bullish pressure towards the upper line of daily Bollinger Bands at 28,237.
Take in mind, that the trading activity will decline in the coming days because Thanksgiving Day, and of course the market is closed on Thursday and closes early on Friday.
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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Dow Jones ready to drop below 21400 levels now?The Dow Jones is progressing well into its Wave (3) at a higher degree as labelled here. Within the 3rd wave, a lower degree wave iv was unfolding last week and we had discussed the possibility of its termination around 23200/300 levels. Last Friday, Dow Jones managed to hit 23365 levels intraday and closed around 23000 levels as seen on the chart displayed here. It could be a potential wave iv termination and prices could resume lower from here below 21400 levels. If the above structure holds true, prices should remain below 23370 levels and bears in control from here on. Once Wave (3) is terminated lower, it would be interesting to see if Dow Jones turns higher again. At least for now, the bearish pressure remains against 24000 levels.
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$DJI chart update from previous setup was a BEAUTY $$$Cant get much better than how this trade I spanning out.
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.
DJI 3 Key Scenario Hello folks, there is my view on DJI =)
Here are the my view with 3 price move variations,
Always wait till price set up above/below level, wait for Retest and Enter into trade!
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
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.
