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40 Bar Cycle Chart - Dow Jones DIA DJIA - Updated 121022Given that we are headed into the release of the November Consumer Price Index this upcoming (Tuesday, December 13th) and also the December Federal Reserve Interest Rate Decision (Wednesday, December 14th) , are markets set up for another short opportunity into the end of January (Q1)? DIA DJIA Daily Chart Template www.tradingview.com Which camp are you in on the short-term (end of year into Q1/23') direction of markets? Camp A: We are likely we headed for new lows in Q1/23 (Fluctuating Inflation + Persistent Price/Wage Pressures + Hawkish FED). Camp B: We are likely to break the downtrend into the start of Q1/23' (Peak Inflation + Deflationary Forces + Dovish FED). Let me know your prediction in the comments below!
AMEX:DIAShort
by kylemusserco
money rotations,"the dow bones, the og index has already shown us what the market is about to do. those who know, shall prosper, those who don't will be left behind in the winds." --- i'm theorizing that all the dow money is going to rotate into big tech, small caps, and the spx500 in the next 3-4 months. it's more probable for the dow to just chop while everything else runs up big time. don't get caught in the distribution phase, seek opportunity elsewhere. --- dow bones, expanded flat target sits between 36.1~36.8k. --- happy holidays ♥
CBOT_MINI:YM1!
by notoriousbids
DJI Potential For Bullish ContinuationLooking at the H4 chart, my overall bias for DJI is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. Looking for a possible buy entry at 33240.22, where the 23.6% Fibonacci line is. Stop loss will be at 32485.23, where the 38.2% Fibonacci line is. Take profit will be at 35411.35, where the 78.6% Fibonacci line and previous high is. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
TVC:DJILong
by VantageMarkets
1
DJI Potential For Bearish DropLooking at the H4 chart, my overall bias for DJI is bullish due to the current price being above the Ichimoku cloud, indicating a bullish market. However, I am looking to play a reversal. Looking for a sell entry at 34300.40 where the previous high is. Stop loss will be placed at 35411.35, where the 78.6% Fibonacci line is. Take profit will be at 33240.22, slightly above where the 50% Fibonacci line is. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
TVC:DJIShort
by VantageMarkets
DIA Dow Jones Outlook For 2023Throwing a textbook at the charts it becomes clear at what is happening. This is DIA Dow Jones ETF: - A Clear double bottom formed that pushed DIA to recent resistance - yellow line - Another rising wedge is forming which we will see correction, small correction. - After small correction we will retest Resistance line again. - AFTER the above we will form a DOUBLE TOP which we can retest resistance. ALSO note the fibonacci levels at 0.618 we will have to close the gap at the green arrow.
AMEX:DIAShort
by MARKETLYTICAL
Dow Jones Weekly Volatility Analysis 5-9 Dec 2022 Dow Jones Weekly Volatility Analysis 5-9 Dec 2022 We can see that currently the implied volatility for this week is around 2.82%, down from 3.06% last week according to VXD data With this in mind, currently from ATR point of view we are located in the 7th percentile, while according to VXD, we are on 8th percentile. Based on this, we can expect that the current weekly candles ( from open to close ) are going to between: Bullish: 2.6% movement Bearish: 1.9% movement At the same time, with this data, we can make a top/bot channel which is going to contain inside the movement of this asset, meaning that there is a 19.5% that our close of the weekly candle of this asset is going to be either above/below the next channel: TOP: 35473 BOT: 33370 Taking into consideration the previous weekly high/low, currently for this candle there is : 79% probability we are going to touch previous high of 34750 21% probability we are going to touch previous low of 33370 Lastly, from the technical analysis point of view, currently from Weekly timeframe indicates 77% BULLISH trend Daily timeframe indicates 80% BULLISH trend 4H timeframe indicates 53.3% BULLISH trend
CBOT_MINI:MYM1!
by exlux
How is a forecast a forecast, and not a guess?Since the days of town squares, and town markets...there has always been this intellectual battle between the market sellers and the buyers. One party sets up shop with the intent of making a profit through selling something of true or perceived value to another party who may (or may not) have a perceived value or use for the seller's wares. It is simultaneously the simplest of relationships, and one of the most complex. The attributes that govern such transactions are emotion, education, salesmanship and instinct. The transactional forces itself are so interesting to me...A book could written about it. In fact, an entire industry exists right now on the millions of books, videos and lessons, that have been authored on such an in-depth topic. However, I'm NOT writing today to inform you how best to sell your wares. Nor I am taking time out of my weekend to educate you on how to "one-up" those wiley sellers... when buying. All of the machinations of this transactional relationship have played out countless times, and so much so , that they're now incredibly predictable. I wonder if anything else can be discovered as it pertains to the choreography of the buyer and seller. But when making a prediction on outcomes, is there a process? Is their a discipline to spot success, and or, failure? I believe so. There are many things that happen within our natural world that no one could be criticized for thinking they are random occurrences. The leaf that falls from the tree. Which leaf? Where that leaf falls on the ground. Directly below the tree, or is their a wind that influences it? Is it possible that much of what we observe in the natural world as random, is in fact, predictable? Forecasting the weather with accuracy has approved greatly in the last 20 years alone. Just talk to a natural gas trader...who in my opinion could fill in as a meteorologist anywhere in a local TV market. Why is that? Because to trade natural gas, one must be a part-time weather man. To trade crude oil, one must become a geopolitical connoisseur. There are all kinds of attributes a specialized trader must acquire given the market of their specialty. However, one art is forgotten. Less appreciated. Because our society is conditioned to be impatient...given no value. The art of observation... and might I add my own suffix...without action. The art of observation, without action. This practice allows for education, allows for experience, allows for confirmation without consequences. In and around 1940-1941, RN Elliott stated that the Dow (which just 11 years earlier lost 70% of it's value) was about to embark on a bull market rally that would last 70 years. Having endured the great depression, on the cusp of the USA entering WWII with the attack on Pearl Harbor by the Japanese...can you imagine how that market forecast was received? Below...please find the aftermath of his ridiculous claim. During the time his proclamations was made, no one had the benefit of hindsight. Suffice to say he was ridiculed. Now in retrospect, he was conservative in his forecast. Because the 2009-2010 area of the SPX would have been where he concluded this rally would end...and the market was higher by almost 800% from 2009-2022. Therefore, with hindsight, no one would NOW argue his guess was in fact, a forecast. A forecast based on a process, steeped in discipline. I'll conclude with the main chart above and simply say. I too am making a proclamation. I am now authoring a forecast...I too (Like Elliott then) believe I have a process and a discipline to back my statement...but you have to decide. The above chart represents within the next 3-6 years PLANET EARTH COULD LOSE HALF ITS GLOBAL NET WORTH...OR MORE. I will concede it's human nature to ridicule what is not understood. As a species we have a long documented history of such behavior. It is also precisely why my success is based on you, the reader, and your predictable failure to not consider the above, a reality. To dismiss this proclamation. Having said all the above, can I request you do one thing that will not require much effort? Snip this chart and save it. Best to all, Chris
CME_MINI:ES1!
by maikisch
23
Follow the DOW for clues....The DOW is the leader right now...and the saying "Don't fight the Fed" is still very much applicable. There is no pivot, inflationary pressures still exist and the 2022 moves in the US 10 year should not be taken lightly. If you read over my last post (Nov 15th) you know we are following a path similar to the Dot com bust bear market except this time it will be labeled as the Bond bust. DJI (DOW) continues to follow the 2000-2002 path of SMA's flattening out over time while SPX, RUT & NDX lag behind DJI. Obviously, no two bear markets are exactly the same but they can follow similar patterns. In the 2000-2002 bear market you can see the 2 year battle between the bulls/bears wore them both out; just like we have seen over the past year. The 9 SMA or Tenkan Sen has crossed below the 15 & 30 SMA's just like they did during the dot com bust...we then proceeded to re-test the ATH after the crossing of these SMA's before more rejection. I warned in my last post the DJI would probably reach the 35,000 "ish" range and I still believe we will hit this area...I mean Santa is coming to town right? The areas of resistance for DJI are now 35,492.22; 35,824.28 & 36,952.65...I will begin to ladder into the sell side when we get above 35,000. US 10 Year on a 6 month timeframe-This chart should scare the you know what out of any company or person with revolving credit! The continued hiking of interest rates is not "transitory". Commodity Index-Inflationary pressures still exist in case you thought we've reached "peak inflation"....the weekly is one scary looking bull flag. Just takes another "event" and watch out.
TVC:DJIShort
by Vixtine
8
DJI Dow Jones Short???Hello there! Great news came out yesterday regarding the interest rates by May 2023. Regardless, a great pump in market yesterday. But with such actions opportunities arise that can be seen while charting the trend. Here we have Dow Jones Industrial DJI shown: - A previous falling wedge worked it self into a nice pump. - Heading into correction territory. - How do you find where the correction will retest and bounce? -- Take a look at the previous Unclosed gad in green box at the 1HR chart. Gaps eventually will have to be closed. -- Also take a look at the FIB where the 0.618 lands, right at the GAP. What are your thoughts? Thank you for taking a look. Cheers.
DJ:DJIShort
by MARKETLYTICAL
Get get DOW with itSo looking at the DXY, I still feel we are expecting 2 situation (yes the old up and down what can we do in the world of charting!) I'm being bearish , sorry bulls! We are still expecting a move down. I have been stopped out of a large position because I was too eager to get my short in with high leverage. That's fine I will be risking a big short depending on how we finish the day. Friday naturally will be a key point. This DOW chart shows us in a downwards channel. Your thinking, idiot, consumer spending is big its Christmas how can you be so bearish? Lets see it play out, we still have big factors in the world that can trigger lots of downside. Dow price targets simulated in chart ****** this chart was made a over a week ago ***** DOW is in a downward channel and a bearish ascending wedge. Key points for me. If you zoom out on the daily you can draw a trend line from the 16th as a support up to where we are now it connects to the target at 44. so between 44-48 will we see us retest this point before moving on. Importantly, can someone tell me how Powells meeting gave the space a bullish sentiment? He always comes on the scene with wet paper speeches? However, everyone makes movements regardless of solid figures coming out? He literally stated we "maybe" able to fix the situation but the window is "very narrow", I don't understand how that gives people confidence. Regardless, DXY is in a make of break position to fall to big support or blow up wards, I'm more inclined for a move down over the next few weeks to bring the DXY towards the 100/101 mark. However, a bounce up to 107/108 should happen first before we can make a decision on it's direction. It's coming up to Christmas consumer spending will drive the markets ultimately IMO. Hit me up with your thoughts lets brainstorm. No opinion is wrong do not be shy to express a feeling or information that you feel can change the space.
NYSE:DOWShort
by Mr_Bari
DJI Potential For Bullish ContinuationThe overall bias for DJI is bullish on the H4 chart. Additionally, the price is above the Ichimoku cloud , demonstrating a bullish market. Price has tapped into my buy stop entry at swing high 34106. 01 for this trade. At the previous swing low of 33063.05, where my relative safe stop loss is located. Take profit will be at 35492.22, where the previous swing high is. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
TVC:DJILong
by VantageMarkets
DOW JONES most likely topped at least short-termIt has been almost 6 weeks since Dow Jones (DJI) broke above the top (Lower Highs trend-line) of the Bearish Megaphone pattern that it has been trading in since the start of the year and the beginning of the 2022 correction. At the same time it broke above the 1D MA300 (yellow trend-line), which as we've mentioned numerous times was the barrier for a long-term bullish trend restoration: As the price was basically rejected on the 34300 Resistance 1 (August 16 High), we can argue that the October - November rally has come to an end, with the price breaking below the Rising Wedge, while also the MACD on the 1D time-frame completed a Bearish Cross (red arrows). Unlike the previous counter trend rallies within the Bearish Megaphone, this time we may have the luxury to expect only a short-term pull-back, and not a new long-term selling sequence to a new market low. As you see, we were correct for calling the area within the 34300 Resistance and the top (Lower Highs trend-line) of the former Bearish Megaphone, a 'No trade Zone'. A potential Support (and bounce point) can be that Lower Highs trend-line itself and if broken, the 1D MA50 (blue trend-line), which is traditionally the first Support during long-term uptrends. All this of course, assuming that the 4H MA100 (green trend-line), which is supporting now, breaks. If not, we can see one last attempt to break and close above Resistance 1 (34300) and target Resistance 2 (35550). On a side note, see how the 1D RSI has been printing a Top formation similar to late March - early April. Also the November 25 top came exactly 234 days after the October 02 Low, which is symmetrical to February - April. ------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
ULong
by TradingShot
1
DJI Potential For Bullish ContinuationThe overall bias for DJI is bullish on the H4 chart. Additionally, the price is above the Ichimoku cloud , demonstrating a bullish market. Looking for a buy stop entry at swing high 34106. 01 for this trade. At the previous swing low of 33063.05, where my relative safe stop loss is located. Take profit will be at 35492.22, where the previous swing high is. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
TVC:DJILong
by VantageMarkets
US30USD YM1! DOW 2022 NOV 28 US30USD YM1! DOW 2022 NOV 28 Scenario1 continuation long was in place from Nov 07's analysis. Weakness are appearing on all timeframes. Tighten stops on long positions. Volume was thin due to US holidays. Expected to remain thin as year end approaches. Possible scenarios: 1) Temporary short if 34246-33800 is rejected 2) Stay out of market since volume is thin 3) Continuation long if 34246-33800 is supported Price reaction levels Short on Test and Reject | Long on Test and Accept 35750 35330 34246-33800 33106 31793 30513 28635 Weekly: ND on uptrend = minor weakenss Daily: Declining volume + narrow spreads = weakness H4: Supply observed Remember to like and follow if you find this useful. Have a profitable week ahead.
CBOT_MINI:YM1!
by paradox677
DOW JONES doing what it has always done through history. Rising.This is the Dow Jones Industrial Average Index (DJI) on the log scale since the great depression of the 1930s. A lot of talk is being done lately on whether or not this recent rally is sustainable, or if the high inflation can cause a deeper correction etc. In order to put things into perspective it is always useful to look into the longer term charts, preferably on a multi-year horizon. This is on the 1M (monthly) time-frame where we've applied the Fibonacci Channel and its retracement levels on this 90 year price action. It is easy to realize that the Fibonacci levels have historically created zones of Support and Resistance. Right now, and despite the 2022 correction (Bear Market), Dow is within the 0.5 - 0.618 Fib, which is part of the larger 0.382 - 0.618 Fib Zone, which we call "Healthy Bull Zone" as when the index stays within it, it tends to rise on healthy growth levels. To make things more interesting, Dow's early January top (All Time High) and subsequent rejection was made exactly on the 0.618 Fib. It shouldn't be a surprise that the recent October low and the subsequent rebound was made on the 0.5 Fib. This is a Support trend-line that 2017 only broke once during the 2020 COVID crash (which remarkably touched the 0.382 Fib and rebounded). In this 5 years Dow has been rising sustainably within this tight top half of the Healthy Bull Zone. In fact, when the index trades within two levels tightly, it tends to do so for a very long time. Such periods are indicated by the blue ellipse patterns and besides the 2017 - 2022 one, we can see another 6 major periods. As a result we can argue that right now Dow Jones is doing "what it always done through history" and that is rise sustainably within a tight Fibonacci zone long-term. This makes the index as bullish as it ever was. Some added facts on this Channel. As you see we've categorized the zones based on the likely outcome they can provide. Next to the Healthy Bull Zone we see the Oversold (0.382 - 0.236 Fib) and Overbought (0.618 - 0.786 Fib) Zones, which is where the index presents a rare buy and sell opportunity respectively. In fact the 2008 Housing Crisis put us in an oversold position most recently and before that it was the 1987 Black Monday event. At the top of the Channel we have the 0.786 - 1.0 Fib 'Collapse Zone', where a mega collapse event is likely, and the index has only been there at the height of trading before the Great Depression. At the bottom of the Channel we have the 0.236 - 0.0 Fib 'Once in a life time buy opportunity Zone', which as you can imagine is the extremely oversold region where Dow has historically been the most attractive level to buy. The very bottom (March 2009) of the Housing Crisis marginally pierced through and before that (again marginally) the 1987 Black Monday. ** It is worth noting that from 1974 to 1986, the market traded almost entirely within this extremely oversold Fib zone. It was when the U.S. were ravaged by extremely high inflation levels (aftermath of the Vietnam war among others), with many sceptics today comparing the present day to that era. ------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 👇 👇 👇 👇 👇 👇 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
TVC:DJI
by TradingShot
6
dowjones 4hour : all scenario on dow 1-70% go down and touch support and go up to fibo161 2-30% go down break support and go downer above green arrow after pinbar come on 1hour or 4hour or daily chart we must buy Sl: pinbar low and hold to new high ok? if you have old sell,you must close all or hedge them in fibo50 33760-33770...dont forget dow,index, dax sp500 and gold love buy and uptrend so sell on them is very very dangerous..check weekly chart exactly note: as predict 10 days ago in low dow can go to 35000 even 3600 so be careful from sell and 90% looking for buy ALERT: END OF YEAR UP TREND RALLY ON INDEX LIKE DAX NASDAQ SP500 AND DOW CAN START good luck
CBOT_MINI:YM1!Short
by ramin_trader2006
2