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Dowjonesindustrial

US30 19/07/2020 for 20/07/2020... There are various ways our Trading week could start for US30. My analysis would be that we could see a possible rise of US30 over the weekend and then have a retest when the market open on Monday 20/07/2020. I think US30 will be in consolidation through the evenings on Sunday 19/07/2020 when the market opens because the sellers will get in and try to push price down. Personally I'll stay away from the market through the storm on Monday morning and look for a good opportunity to get back in Long if the market happened to dip over the weekend, I think the Bulls have the Potential to push the market through to 27500 but for now we are definitely going to experience some Storm at this Major area of resistance. For those who held their positions through the weekend, I believe price is going to climb to 26904 in about 7hrs from our Week's closing point 26635 which will serve as my new Entry for this analysis. That will be my Take Profit 1 closing 264 pips but you can also choose to keep your Take Profit at 26980 for 334 pips. I don't expect to see a clean break so I'm going to hodl my second position through the possible retest to our Entry point at 26635 and the consolidation at the 26980 (TP) area which may last for about 3 hrs. Then I expect to see a quick rise to my second Take Profit at 27165 closing 185pips in less than 3hrs. Leaving the total trade time to approximately 15hrs and closing 500+ pips in total by my analysis. As we know, US30 is very shifty and volatile. Market may drop to 26635 for a retest which will be a very sensitive area because the Bears might win a temporary break and pull price further down to 26380 which I intend to Hodl through if this happens, for this reason I've set my Stop Loss to 26194. I advice you to trade with caution. Use proper risk management of not more than 2% and avoid Greed. Secure positions half way in profit and if your equity is frail please either stay away or trail. I personally recommend new traders and low equity traders to stay away from the market until the calm at about after Lunch hour on Monday.
OANDA:US30USDLong
by pappidel
BEARISH DIVERGENCE: DOW and 10-day SMA of CBOE PUT-CALL RATIOThe plot of the 10-day SMA (Simple Moving Average) of the INVERTED CBOE TOTAL PUT-to-CALL Ratio against the TVC:DJI - Dow Jones Industrial Average. We can see that from the all time Highs back in Feb to the latest lower highs, the 10-day SMA of the INVERTED PUT-to-CALL Ratio keeps making higher highs even though the Dow is making lower highs. The higher the INVERTED Put-to-Call ratio goes it is indicative of more Calls being bought for every Put being bought. We note that bullish sentiment has reached extremes not reached in almost 20 years----- EVEN THOUGH THE DOW PRICE keeps making lower highs. This is indicative of bullish sentiment extremes that is a contrarian indicator pointing to lower prices ahead for the Dow and the end of the Bear market rally (from the March lows) being close at hand. I believe the Dow's Bear Market rally ended on June 8th. Since then we have had one wave 1 from June 8th to June 15 and since then have traced out a 3-wave ABC corrective wave 2 retracement which should be either at an end or will be at an end with another minor high in the next 1-3 trading days. Risk-Reward favors a change in trend due to such Bullish sentiment extremes and the safer trade is the SHORT side. Cheers! Cyrus
TVC:DJIShort
by cyrusgr8
SP500 still has room to the upside before declineNot much has changed in the stock market. We are still in the same range. Based on the rejection we got last week, we can expect SP500 to test 32xx range (possibly even higher to form a double top near 3400). Advanced Decline Line broke higher than it was at the beginning of this year. That is bullish for the short-term. Based on cycles, we can expect trend reversal to the downside after July 20. Intraday trading is still the best idea for SP500 traders.
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by UnknownUnicorn1156963
Dow Futures: Strong Move to Open Sunday: Eyeing $26,000Will look at a scalp long if $26,005 breaks will layer profits in from 50 to 200 points as there was a strong move opening up on Sunday. I have stop/buys orders in place. Please keep in mind this is not a long and my order will not be executed until $26,005 breaks (if it never does that is ok) I will cancel my order. About me: I keep trading as simple as possible. Will not give my method but will give you entries. Don't get greedy. Take profits quick when in green. Let's make money together!
OANDA:US30USDLong
by UnknownUnicorn2820659
1
Dow Jones US Stock Market (Is US-China trade deal over?)View On Dow Jones US Stock Market (23 June 2020) Is US-China trade deal over? It doesn't really matter. Market Makers will eat retail traders anyway. Why? It is because retail traders usually buy into a pipe dream such as 1:5 Risk: Reward ratio with 30 pips SL in the hope to get 150 pips TP. This is exactly just happened. The Market just made a blip on the early Asian session to eat both long and short positions with tight stop loss (SL). The Morale of the story: Always Watch You Risk Management and Trade Expectation. As for Dow Jones, I see 25k as good support while 26300 as a good resistant. We shall see more movement as the week develops. Let's see. DYODD, all the best and read the disclaimer too. Feel Free to "Follow", press "LIKE" "Comment". Thank You! Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. DISCLAIMER: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
OANDA:US30USD
by SonicDeejay
2
DJI Short Trade Setup!Welcome to Profitlio Trading! What's up traders! Thanks for Jumping back on my Analysis, 👨💻 Trader champ is here on your Service, Also hit thumbs up 👍 and support the work Sketch up your own trade setup and make sure you meet with the required confirmations first before you make your move! ⭕️ ✅ Scroll Down 👇 ⬇️ to signature section for 📲 contact details 💰💰💰 Profitlio Trading ( Since 2014 in Financial Markets ) ________________________________________________ Traders Disclaimer: Non of our analysis or trade setups being shared here on trading view is a trading advice. As we keep on weekly updates with our predictions and expectations. We may take them as a trade only if trade setup meets the required criteria ( Confirmations ). Unless we will never take them as a trade if it never reach our trading requirements. Take them at your own risk as trading is highly risky and you may loss your investments. Our trades are based on Swinging and Mid to long term approaches. All trades executed will be handled under the name of Profitlio Trading only.
TVC:DJIShort
by Profitlio_Trading
😯 Uh Ohhhh! (DJI)💰 LET'S GET INTO SOME DOW JONES ANALYSIS!💰 1️⃣ First off SMASH that LIKE BUTTON & Give us a FOLLOW for DAILY ANALYSIS! 👍 - The 3 day is starting to show signs of blood as it is the first start to red since the bottom. - I've been bearish on a lot of my post for the longterm approach. - DJI been short since 26,990. The close at the end of this week will tell us a lot on how the 3 day wants to lead us into the weekly chart. Best of luck to you and all of your trades this week! 🤜 Drop your charts and comments down below, share with us what you think is going on in the markets! ❤❤❤ Thanks for checking out our analysis! ✌😁✌ 🥇MLT | MAJOR LEAGUE TRADER
TVC:DJI
by UnknownUnicorn2319099
8