Let's take a look at the MarketHi everybody!
To begin almost anything, it helps having the right tools in place for the job.
The moment has come for me to set up a full outlook on the DOW JONES (DJI), everything will be approximations, and can update periodically on the same thread, I think.
This is a study completely based on my own understanding, and it is freaking minimal, but it is collective. I encourage suggestions and opinions.
Also, I am thinking as I'm writing so I will try to clean it up for you but my brain is slippery.
Let's start to begin...
Dowjonesindustrial
Sankara’s 🧠 Returns: 🐻 Bryson Tillers back 😅 US30 / Dow Sankara’s 🧠 Returns: 🐻 Bryson Tillers back in his toxic Exes apartment 😅 US30 / Dow
Yoooooope!
Not quite the BIG bearish short some had promised. 😫
Not unlike Bryson Tiller, I've kept my head down and off these mean trade-blog streets. Like Tiller - I BEEN LOW. Isolated. Quarantined and noticeably ageing and over-weight! So after weeks of silence, I was so happy to hear share price alerts bellin’ off my cell earlier this week.
Cha-Ching! 💵
Logging in to my Ninja Trader+ account, I discover a still flagrantly ignorant, loud-mouthed ex-lover of a stock market is still out here doing mans dirty!
Ignorant in her lying nature and ignorant of basic market fundamentals! Fundamentals that BEEN showing the pre-COVID western world was near insolvent, and the stock market might be valued as much as 3-4 times its actual worth.
But noooo... THIS is bitch is still metaphorically keying cars, lying on the man dem to the regulators and gaslighting retail investor confidence.
For almost two months, I've quietly moved up my stop losses to lock-in profit and offset shorts. Waiting. Waiting. Waiting for the opportunity to pounce. But Nah. I was firm. I was. Literally. Saying to myself...
🎵 ”DON’T.”
So expecting - rightly so - the most significant stock market correction since Dutch Tulips were considered safer investments than precious earth metals... I'm UNSURPRISED to discover the same ”blue whaling” by the same bitch-ass institutions that saved this toxic-ass market from rolling over, in July.
This gal is STILL creeping’ in the overnight sessions dumping liquid through the text... while I'm at home... with MY WIFE... Not unlike the ungrateful thotty Summer invokes on the Bryson featured 🎶” Playing Games” .
But just like Joyner Lucas and Ashanti - I keep going back.🤦🏾♂️ Need this 🍞
As I did the bodywork and analysed her this week I summarised her traits as follows;
- The market shook out stops again yesterday, and the whales flooded it liquidity - T-Bill sales are consistent. China doesn't look it's going to stop the support. US/MEX grains are relatively stable (we all know why. no cough required. It's corruption)
The big, dirty short isn't likely to happen this side of the US election. Or ever. IMO. This new double artificial-artificial market may well be the new norm. BOA & JP do not respect MARKET fundamentals. They are ganglords in a criminal cartel - they believe themselves to BE the fundamentals.
For that reason, the anarchist one - I'm still a bear 🐻 at heart. And this is STILL the ”Bear Woods” for at least the next 4-6 months - however, we may not see 7000+ point correction the underlying data reflects.
Big Banks: ”Who needs market fundamentals?” and buy the whole market whilst unwinding your losses with a click of a quant algorithm!”
In summary - The EX called us back to play... but discarded our beautifully flipped 🎵SWV sample! She chose instead to exhale cronyism and corporate socialist bailouts for her friends.
💥More bearish sideways movement is likely. The ”Rip n Dip Election Special” aka the Bryon Tiller strategy is now in-play!
My Plan?
Hold small Long existing positions over 27000 - TP 28200
Hold small Short existing positions under 28500 TP 23500
Rip n Dip free cash in the range in between 27600-28000, reset trend lines at range ends, three flags @ 30-ticks either side,
Use the first profit to cover long pos.
Watch to today's US close and adjust levels before Toyoko on Sunday - ripping n dipping up or down according.
Bryson Tiller may be back, waiting to ”Inhale” no less, but it’s same recognisable toxic nostalgia - evidenced by the fixed market that encapsulated it.
🤔 Questioning whether I should 🎵exchange Byrsons’ Inhaler and just listen to SWV 🎵” All Night Long” AND TAKE MY ASS to go back into quarantine.
Stay safe and profitable. ✊🏿
🔚
——————————
Important❗️:
Whether you agreed or disagreed with this content, hopefully, you found it useful. Please remember to like, comment and follow.
Let’s support each other to improve, learn and grow.
——————————
Disclaimer⛔️:
Please do NOT use my ideas as the basis for any financial investment.
This content is time, price and market sensitive and intended for educational purposes only.
-——————————
Bio 🅱️:
Charles Sankara
Day Trader
Sankara’s 🧠 Returns: 🐻 Bryson Tillers back in his toxic Exes apaYoooooope!
Not quite the BIG bearish short some had promised. 😫
Not unlike Bryson Tiller, I've kept my head down and off these mean trade-blog streets. Like Tiller - I BEEN LOW. Isolated. Quarantined and noticeably ageing and over-weight! So after weeks of silence, I was so happy to hear share price alerts bellin’ off my cell earlier this week.
Cha-Ching! 💵
Logging in to my Ninja Trader+ account, I discover a still flagrantly ignorant, loud-mouthed ex-lover of a stock market is still out here doing mans dirty!
Ignorant in her lying nature and ignorant of basic market fundamentals! Fundamentals that BEEN showing the pre-COVID western world was near insolvent, and the stock market might be valued as much as 3-4 times its actual worth.
But noooo... THIS is bitch is still metaphorically keying cars, lying on the man dem to the regulators and gaslighting retail investor confidence.
For almost two months, I've quietly moved up my stop losses to lock-in profit and offset shorts. Waiting. Waiting. Waiting for the opportunity to pounce. But Nah. I was firm. I was. Literally. Saying to myself...
🎵 ”DON’T.”
So expecting - rightly so - the most significant stock market correction since Dutch Tulips were considered safer investments than precious earth metals... I'm UNSURPRISED to discover the same ”blue whaling” by the same bitch-ass institutions that saved this toxic-ass market from rolling over, in July.
This gal is STILL creeping’ in the overnight sessions dumping liquid through the text... while I'm at home... with MY WIFE... Not unlike the ungrateful thotty Summer invokes on the Bryson featured 🎶” Playing Games” .
But just like Joyner Lucas and Ashanti - I keep going back.🤦🏾♂️ Need this 🍞
As I did the bodywork and analysed her this week I summarised her traits as follows;
- The market shook out stops again yesterday, and the whales flooded it liquidity - T-Bill sales are consistent. China doesn't look it's going to stop the support. US/MEX grains are relatively stable (we all know why. no cough required. It's corruption)
The big, dirty short isn't likely to happen this side of the US election. Or ever. IMO. This new double artificial-artificial market may well be the new norm. BOA & JP do not respect MARKET fundamentals. They are ganglords in a criminal cartel - they believe themselves to BE the fundamentals.
For that reason, the anarchist one - I'm still a bear 🐻 at heart. And this is STILL the ”Bear Woods” for at least the next 4-6 months - however, we may not see 7000+ point correction the underlying data reflects.
Long term: bull - mid term: bear - short term: vegan
Big Banks: ”Who needs market fundamentals?” and buy the whole market whilst unwinding your losses with a click of a quant algorithm!”
In summary - The EX called us back to play... but discarded our beautifully flipped 🎵SWV sample! She chose instead to exhale cronyism and corporate socialist bailouts for her friends.
💥More bearish sideways movement is likely. The ”Rip n Dip Election Special” aka the Bryon Tiller strategy is now in-play!
My Plan?
Hold small Long existing positions over 27000 - TP 28200
Hold small Short existing positions under 28500 TP 23500
Rip n Dip free cash in the range in between 27600-28000, reset trend lines at range ends, three flags @ 30-ticks either side,
Use the first profit to cover long pos.
Watch to today's US close and adjust levels before Toyoko on Sunday - ripping n dipping up or down according.
Bryson Tiller may be back, waiting to ”Inhale” no less, but it’s same recognisable toxic nostalgia - evidenced by the fixed market that encapsulated it.
🤔 Questioning whether I should 🎵exchange Byrsons’ Inhaler and just listen to SWV 🎵” All Night Long” AND TAKE MY ASS to go back into quarantine.
Stay safe and profitable. ✊🏿
🔚
——————————
Important❗️:
Whether you agreed or disagreed with this content, hopefully, you found it useful. Please remember to like, comment and follow.
Let’s support each other to improve, learn and grow.
——————————
Disclaimer⛔️:
Please do NOT use my ideas as the basis for any financial investment.
This content is time, price and market sensitive and intended for educational purposes only.
-——————————
Bio 🅱️:
Charles Sankara
Day Trader
#DOW - Another 800 points fall? #US30USD #tradingview #djiAfter such a dynamic crash yesterday, a recovery could currently run as wave b.
Following a further sell-off of 800 points in the direction of 27,640?
There the continuation of the bull market could be expected.
So wait and see and drink tea/coffee and prepare for a short and subsequent long position.
Best regards from Hanover, Lower Saxony
Stefan Bode
Weekly dow. Short probablyIn a current week, I expect dow to close below its opening and hence we may encounter a small pull back from our rally. 29108 is a major level from where the fall might begin. As RSI in daily timeframe is in the overbought zone and in weekly it is approaching.
So wait for the level to arrive and then short.
dow short position coming closeas i stated before , i believe this had to go to high 28000-29000 before a moment will arise, the way that this structure is playing out i believe with the amount of heavy gambling that has been fueling this market ( literally gambling , since no sports have been on to bet on , gamblers have found their way to a variety of markets) we will see a touch to 29000 then followed by a false break out, now i'm not going to bank on the false breakout , but i will be looking to start to short positions around that high 28000's and dollar cost average in if the bull market progresses. Follow the black lines down to get trades off of and bounces, do not get attached to the stuff you hold , be emotionless towards your positions and believe in the process. catching the top or bottom of any rally is complete luck, the goal of trading is to manage the risk associated with your positions.
good luck all , and take care when the mess truley hits assets ,not just stocks , it will most likely be all assets , and the dollar will explode in value as an artificial temporary extreme demand for dollars will be created by a selloff - will then be proceeded by extreme buying of most likely commodity based assets - mining - agriculture - fisheries - water.. etc , if you want to buy something now i'd think twice before committing on that purchase.
- not financial advice just my opinions and my personal strategy moving forward - if anyone has benefited off my charts thus far congrats i hope to be more active and provide more detailed charts in the coming future.
SNP500: Incredibly Bullish Outlook - Broadening WedgeIf you like our content, please take the time to 'like' our posts!
The SNP500 is currently looking like it's finishing its broadening wedge pattern and finishing its perfect ABCDE wave within. The technicals are showing a perfect alignment for a breakout and we might be seeing a final distribution phase before the push to all time highs. The only consideration for furthering the distribution phase would be the upcoming election cycle in the US, which may drive prices down temporarily; however, with the COVID19 situation already being recovered, we believe this is the final straw and may be a good chance for the bulls to easily push this through.
What we believe:
Based on the technicals of our ABCDE structure within our broadening wedge, followed by a perfect 12345 pattern from 2008 to present, we believe the SNP500 is astonishingly bullish. We also believe that if the NASDAQ can reach new highs, then the SNP500 and DOW Jones can follow along similar footpaths.
Here is a previous post we have done on the DOW JONES, and why we believe it may bullish until the year 2025:
Trade Safe.
X Force
Dow today and tommorow. GO long if 28110 acts as support.One most probable support is on 28110. If price takes support on this level we can think of going long till various targets.
28460 is one possible level where shorting can be done.
As of today DJI may consolidate between 28110-28270 (in remaining today's session).
Dow Jones Suggesting The Next Great Crash in 2026Hello everyone,
We hope that everyone is having a safe week! Here we would like to show you a massive overview of the Dow Jones - the longest raiding stock data available. The reason why we believe the bull run will continue is due to the 'Resistance Turned Support theory'. It suggests that IF all things considered the market continues to trend the way it is, we may be on to a huge move to the upside. A break to the upside would bring us up to new highs all the way until 2026 as long as we stay within the channel.
X Force provides quality content provided by experienced traders who would like to make charting more simple for the general public. If you love our content, please make sure to give us a 'like', we would highly appreciate it!
Dow30 (DJIA) - Tight range: Here is what I'm looking forUS30 (DowJones).
We are in a tight 350 point range for the last week.
Will long above upper black and short below lower black.
Keep it simple.
Dow Jones saved by trend line As hard as it is to predict the movement of any index fund at the moment without a deep dive into the fundamentals - it appears DJI has formed a well respected ascending trend line with several higher highs and low tests. Within the current economic bubble we can expect a crawl up to our recent highs of 27500 (at least) before re-assessing.
Will Dow Jones Cross Above 28290? We are looking at Dow Jones Industrial Average (US30) right now. The index has been sideways since last week.
From our technical standpoint, we are watching closely whether the index will close above 28290 right now. If this happens, the next target potentially will be the all-time high of 29587 on 12 Feb 2020.
On the other hand, if it fails to close above 28290, then the index could test the downside where our first support level will be 26820, followed by the next support level will be 26456.
Good trading!
From the Desk of NinjaSingapore
17 August 2020
dowjonesHello traders, here is the analysis from our team :
sell:27517
TP@; 27507
TARGET: 27467
stop: 27567
we take money management from
27507 as profit area on up.
Let us know in the comment section below if you have any questions.😉
Dow..... Downside ....??Trading levels marked on chart
Follow.......... Like.... Share... Stay tuned
US30 Dow Jones Industrial Average Weekly support resistanceUS30 Dow Jones Industrial Average Weekly support resistance
US30 Intraday Divergence in 15m Short term reversal pendingUS30 Intraday Divergence in 15m chart Short term reversal pending
DJI on a retracement move 🦐The market after moving up couldn't make new fresh highs.
Last week it attempt twice to break theema, the trendline and tested several times the support area around 23650.
If the market will manage to break and close below the structure we can set a nice short order acccording with our strategy.
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Follow the Shrimp 🦐
Here is the Plancton0618 technical analysis, please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of Plancton0618 strategy will trigger.