Dji Buy / Sell Setup.Ignore the whites follow reds atm. This count is based on my assumptions so anything can happen not a trading or financial advice just for educational purposes only kindly do your own ta thanks trade with care good luck. Currently selling till 4 red. Would b buying from there at 4 in red till 5 red then towards 2 white and so on.
Djiprediction
Dow Jones – The advent of Diagonal pattern on the 240minuteChartThere is the probability for the completion of the first 5 ascending wave of 1 / A
(Weekly Chart )
In the weekly chart, we had this wave counting, this uptrend is likely in the wave 5 from point of 1 / A.
( Daily Chart )
In the daily chart, with the end of wave 4 in the range of 18213.70, the 5th wave has started, currently the price is in the sub-waves of the V wave.
The Diagonal pattern is formed in the 240-minute chart, which can be ended in the range of 30325 to 30500, this pattern will be confirmed by crossing the price from the range of 29820.
The targets of this pattern are the range of 28920 (starting point of the pattern), by considering the gap, we can also include the range of 28440. The third target is in the range of 26143.
DJI - Long-term Head and Shoulders Bear Market IdeaSee comments on chart. Election doesn't matter, I'm bearish on the stock market because of factors already in play.
I also think this could play out much faster than over 4 years, as drawn.
See related idea for S&P500 linked below.
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
Dow Jones Trading 2 HR Chart Oktober EducationHere i show you a simple trading stragety
on a 2 HR Chart.
So only a few trades in a month.
Trading Long if you have a high high
anmd trading short if you have a lower low.
10 Trades
+ 330
+ 60
+ 400
- 270
- 45
+ 30
+ 45
- 110
- 190
+ 250
6 Gewinner + 1115 Points
4 Verlierer - - 715 Points
SUMMARY 400 POINTS
with only 4 times a day to watch the chart
It would be even better in a 1 HR chart
with more trades and better Results
Good trades.
if you want to support my work, please like them
My analyes here are all NOT a request to buy or sell
seomething. Allways do you own research.
Renkotrade
LONG DJI Dow Jones How to trade DJI before open
Hello to all watching my charts.
Dow Jones is fine to trade by support / resistance and also trendline
Trading.
Look at the chrt for today.
We have support in the aerea 26730 (blue line) and we do have
a LONG trendline which is now 26855.
But the the support levels to watch out.
I count only END of 1 HR information.
So a level below that which is only in the Hour is not counted
in my system.
Good trades
If you want to support my work , please be so kind and like them
-
My posts are not and advice to buy or sell something
always do your own research
-
Renkotrade
Dow carves a lower high at 25450 levels? Looking lower nowThe rally looked stretched already but a lower high seems to be carved by the Dow Jones at 25450 levels. The wave structure still remains intact with an impulse Wave (1), followed by a flat corrective Wave (2) that terminated at 26000 levels and Wave (3) underway with lower degree waves i and ii at place around 21800 and 25450 levels respectively. If the above structure holds well, we could see a wave iii of (3) lower very soon, that could push prices below the 21800 levels going forward. We maintain our bearish view for now, until prices remain below 26000 levels with downside potential targets towards 21800 and lower respectively. Also note that prices have reversed lower very close to the down trend line passing through 26950 and 26000 levels respectively.
Disclaimer:
This written/visual material is comprised of personal opinions and ideas. The content should not be construed as containing any type of investment advice and/or a solicitation for any transactions. It does not imply an obligation to purchase investment services, nor does it guarantee or predict future performance. FXTM, its affiliates, agents, directors, officers or employees do not guarantee the accuracy, validity, timeliness or completeness of any information or data made available and assume no liability for any loss arising from any investment based on the same.
A Topside Breakout of the Broadening Top on the DowSometimes there are topside breakouts on broadening tops, when this occurs a parabolic spike almost always follows... If today is a one day reversal and the Dow blows through the top, here is my short term price target on the move.
DJI to $23,500 againAs investors grow weary, and the fear lingers, as evidence from the remaining high volatility, I think we're going to see another panic drop to $23,500 again. Additionally, many are moving to bonds, which could be a factor in the impending drop. Another factor could be Trump's proposed tariffs.
Lemme know your ideas below,
-Kristian
DOWnGiven the daily technicals as well as the fundamental / sentimental risk I believe the DOW is in for a leg down.
DJI LONGDJI is expected to RISE now.
There are many reason why we feel it may RISE.
01. It is taking support at quarterly levels trying for a big jump.
02. Bullish engulfing in daily Chart.
03. May reach weekly target 16326
04. Stoch RSI (3,3,14,Close) states it may rise.
05. RSI(14,CLOSE) Is also of the same view.
06. CCI(20,CLOSE) Is also rising.
Keeping all the above indicators in view along with the chart pattern we expect it to rise. Our sell call shall be from Long above 16082. with a SL @: 16015 Tgt 01: 16252 Tgt 02: 16326 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.
