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Dowjonesanalysis

MLT Called The Top! 6.9% Gain! 🥇 (DJI)👌 Well, Well, Well.... she seemed to of had a rough Thursday just as we expected it to have. The main upward support level has been breached, which is not a good sign. What we are looking for next to be test and try to hold is not not too far away. 25k-24.6k as I have it label as a key level of support. We took this position on a 3 hour timeframe as the Crossover strategy and the ema dots shifted towards the red alignment. We will look to see if we can get a reversal here or if it decides to just melt through the bottom. 🔥🔥🔥 Best of luck to you all! 🎲🎲🎲 🥇MLT | MAJOR LEAGUE TRADER
TVC:DJI
by UnknownUnicorn2319099
1
DOW Jones - Complex Wave 4 Correction - Alternation In PlayWhen the waves don't fit your analysis go back and look at the correction properly. Wave 4 of this Wave C is not over yet. Wave D is a drawn out part of the correction and no doubt this will fool many. (No its not an ending diagonal.) I said in the previous idea that getting in too early is risky but now it's become clear what we can expect next. The rule of alternation is in play here where Wave 2 was a sharp and quick correction and Wave 4 is drawn out and choppy. We absolutely need to see an E Wave down after this current wave is over. Then we need to see the top or start of E Wave broken to confirm Wave 5 is in progress. Finally we need to see the start of the 5th Wave broken before we can say this C wave is complete. I will put out updated charts When the E Wave completes and when Wave 5 completes. Be patient and wait for these waves to play out properly. Please LIKE and FOLLOW to get notification of updates and future posts.
FX:US30
by AriasWave
1
DOW Jones - Let's Put This Into PerspectiveI have changed my wave count on this because my previous count just wasn't making sense. We are almost at the end of this mini C Wave. I consider D Waves to be breakout waves within expanded corrections and given the pressure that's building up in this market I would say this seems likely. An E Wave would likely come back to test new resistance before we see further declines. I will post an update when we get closer to the end of this C Wave as I would like to track the D wave. Please LIKE and FOLLOW to get notification of updates and future posts.
FX:US30
by AriasWave
4
#DJI.. SELL IN MAY AND RUN AWAY!.. I think that there will be a long-term correction wave in the global markets on a macro scale, and it is getting closer.. Markets will become very interesting in the coming years, we will wait and see.. For DJI, the structure I expressed in the chart is very important and should be watched carefully.. I firmly believe that, we will observe wedge pattern in the chart of many markets in the big correction wave.. What I wrote is about strong possibilities that most investors and analysts do not express or expect.. Please do your own due diligence when it comes to trading.. Invest at your own risk.. I wish you all the best..
TVC:DJIShort
by OguzhanSengor
4
Update $US30 $Dowjonesin the last analysis We fell into the correction trap, specially with the fake crash Trap, But we stressed that the entry areas are between 24100 -- 24150, Due the high risks in the US stock market over the past week. In my own view I think that the price is trying to change the orientation specially that the correction Plan a third, both in terms of time and price. I think the price now hit the targets (the previous support level and the current evaluation) 24000 mainly and directly, and breaking the resistance means confirming the correction and targeting the level of 24900, then if it will be breached, personally I expect that we will see a new top of 25500.   Also a very important point, today the May candle opened, on the monthly calendar the price always moves near Moving Average 200, that's mean it's have to hit 25500 at least and make a new top
FX:US30Long
by AlaedineHarcha
2
SDOWI noticed a few things happening in the markets. 1. The DJIA has dropped from 29k all the way down to 18k in couple days. 2. SDOW has hit record lows while DJIA puts in lower Highs 3. VIX is still above 30 and has been above 60 during this crash. The market is pumped up by all these stimulus packages the Don keeps creating, but is still struggling to get back above 25k, while the SDOW is priced as if the DJIA is above ATH's on the DJIA, mix this with the large div between the VIX & SDOW got me thinking when the market crashes (when I said) SDOW will need to play catch up, even if the crash is not as bad % wise as the most recent crash. I am looking for $24 to enter but may close all my longs and enter soon, depends on how the market reacts today. We could stay flat today then open on Monday for 1 last pump to 26-27k next week or we could just start crashing B4 this. So I am monitoring all this as we speak.
AMEX:SDOWLong
by Big_Mike716
4
Dow Jones, Elliott's Waves, Wave C to be completedHello, here is my first graph with Elliott's Waves. I m new to this, and it can be totally wrong, but I do see 3 potential short-term targets on the 4h chart. Any of those could act as a resistance and then we would start going back down. I might try a quick LONG with a tight SL if we break the 23 878 and then get SHORT anytime we get close to 24 200 with a SL at 24500. And go short directly if we don't confirm a break above 23 878 Let me know what you think, thanks !
U
by nightcall_fx
Dow Jones 1930 Breakdown of the trend -81% Update after 25 yearsA similar situation is happening now. Then a breakthrough of the uptrend line, price fixing below the uptrend line and another -81.5% market fall. Previous highs were updated only after 25 years. The situation on the Dow Jones now. A very similar schedule as in 1930. It is important how the price will react near the uptrend line, which will act as a support. If there is a breakdown of the uptrend line and the price consolidates below it, a very dangerous situation will arise like in 1930 and a complete collapse of the US economy. Let's hope this does not happen. My former trading idea is an indicator. Published in April 2019. Which gave a signal of a market reversal before its fall. The relationship of the Dow Jones and the Fed% rate We are ahead of the financial crisis.
TVC:DJIEducation
by SpartaBTC
8
Dow Jones Index Technical AnalysisLet me start off by saying I hope each and everyone of you are safe and healthy. Some of the craziest s*** has happened within the last few weeks including oil futures going negative -44 per barrel. While everyone is distracted with the FED throwing in fridge after sink and the economy halting, a lot of people seem to have forgot about earnings. Knowing earnings was just around the corner after this insane dump, any experienced trader would have know prior to earnings that volatility and typical speculation would pick up. That being said, all this has resulted in a pretty massive rebound (DJI 29%) (SPY 26%). These next few days are extremely important, whether you are planning on building a long-term chair or play some options. All I have to say is take advantage of the opportunity presented and money will come eventually. I'd love to hear what you guys have to say! Share your charts, thoughts, and feedback below. DotcomJack | DO NOT TRADE THIS
TVC:DJIShort
by DotcomJack
1