US30 Dow Jones Analysis 13July2023Currently the price is stuck in a fairly strong resistance area with a high price range. could enter a period of consolidation in the next few weeks.
Dowjonesanalysis
DOW Elliott Wave Analysis for Thursday 13/07/2023In the 1 hour, it looks like the DOW is close to finishing an impulse to the upside. If we see the fifth wave ending with divergence, traders can initiate a short (against the main direction). A safer way to trade is to wait for the wave (ii) pullback and go long from there.
DOW Elliott Wave Analysis for Wednesday 12/07/2023The ABC pullback did not retrace deep enough to catch it. We have to wait for more data and see what's up next.
Dow Jones 4hr TF I anticipate an impending retracement for the Dow Jones index, as it has recently reached its target of 12,756. We should begin witnessing a decline from this point onwards.
The Dow Jones index has recently established a new lower low, and I am awaiting a price break below 12,745, which would further confirm the bearish sentiment.
DOW Elliott Wave Analysis for Tuesday 11/07/2023The ABC pullback we were waiting for is (almost) there. Traders can initiate or prepare a long entry.
DOW Elliott Wave Analysis for Monday 10/07/2023The ABC pullback we were waiting for is almost there. Traders can prepare for a long entry.
DOW Elliott Wave Analysis Higher Timeframe (07/07/2023)The DOW looks bullish and might be preparing for a Wave 3 to the upside. However, the minimum requirements for a Wave 2 to the downside were not fulfilled. As long as we do not take out the Wave 1 high, it could be that we still make a new low as a Wave 2.
DJI - Dow Jones Next Possible MovePair : Dow Jones ( DJI )
Description :
Impulse Correction
Bullish Channel as an Correction in LTF and Rejection from the Upper Trend Line
S / R Level
Completed " ABC " Corrective Wave and " 123 " Impulsive Wave
Break of Structure
RSI - Divergence
DOW Elliott Wave Analysis for Thursday 06/07/2023We have to wait for the next ABC pullback. When we have a clear ABC, we can go long again.
US30 DowJones H1Here is my analysis for US30 on H1 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
DOW Elliott Wave Analysis for Wednesday 05/07/2023We have to wait for the next ABC pullback. When we have a clear ABC, we can go long again.
DOW Elliott Wave Analysis for Monday 04/07/2023We have to wait for the next ABC pullback. When we have a clear ABC, we can go long again.
DOW Elliott Wave Analysis for Monday 03/07/2023We have to wait for the next ABC pullback. When we have a clear ABC, we can go long again.
DOW Elliott Wave Analysis Higher Timeframe (01/07/2023)The DOW looks bullish and might be preparing for a Wave 3 to the upside. However, the minimum requirements for a Wave 2 to the downside were not fulfilled. As long as we do not take out the Wave 1 high, it could be that we still make a new low as a Wave 2.
The Great Fall of Dow Jones could be nearThis is a trimonthly (MN3) chart of DJI. Including 125 years of history, ALL that we have of it.
It has taken DJI 35 years to reach this giant resistance. From the mid-channel in 1988.
The divergence and weakening of momentum is obvious.
This is a closer look:
I don't see how it can cross this resistance before falling a great distance down. It is not impossible-nothing is- but I wouldn't want to invest in this market for the long term.
This will take a long time to happen, but I believe a great fall is coming. A period of negative economic values, even a worldwide crisis. This is not something that can be caused by an internal US crisis only. It can and will include the whole world.
DOW Elliott Wave Analysis for Thursday 29/06/2023A pullback is ongoing in the lower timeframe. We see an opportunity for a long trade.
DOW Elliott Wave Analysis for Wednesday 28/06/2023A pullback is ongoing in the lower timeframe. We see an opportunity for a long trade.
DOW Elliott Wave Analysis for Tuesday 27/06/2023A pullback is ongoing in the lower timeframe. We see an opportunity for a long trade.
DOW Elliott Wave Analysis for Monday 26/06/2023A pullback is ongoing in the lower timeframe. We see an opportunity for a long trade.
DOW Elliott Wave Analysis Higher Timeframe (24/06/2023)The DOW looks bullish and might be preparing for a Wave 3 to the upside. However, minimum requirements for a Wave 2 to the downside were not fullfilled. As long as we do not take out the Wave 1 high, it could be that we still make a new low as a Wave 2.
DOW Elliott Wave Analysis for Friday 23/06/2023Although the DOW looks bullish in the higher timeframe, we expect a pullback in the lower timeframe. We see two areas where to go long. Traders can choose a shallow retracement (wave 4) or a deeper retracement (wave 2).
DOW Elliott Wave Analysis for Thursday 22/06/2023Although the DOW looks bullish in the higher timeframe, we expect a pullback in the lower timeframe. We see two areas where to go long. Traders can choose for a shallow retracement (wave 4) or a deeper retracement (wave 2).
Dow Jones: Breather 😮💨Dow Jones is taking a breather near the resistance at 34 363 points, showing (again) a distinct response to this mark. Soon, though, the index should resume the ascent to develop the top of wave (i) in blue, which should then initiate a prominent downward movement. However, there is a 30% chance that Dow Jones could drop below the support at 32 246 points, plunging into the orange zone between 31 675 and 29 939 points to already expand wave alt.(ii) in blue. From this low, the index would then start a fresh upward movement.
