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Dowjonesindustrial

DOW JONES DJI - 2008 SIMILARITIES - ILLUSION OF STRONG ECONOMYDOW JONES DJI - Connect the dots Keep in mind that I am not your financial advisor, with that said below is my quick analysis which I have done on my previous chart, but if you have not read it already, it will still be relevant In recent weeks, October 10-11 to be exact we have observed an over 1200 point drop as interest rates have risen. Do you think it was just an accident? Well many will tell you YES, it's just a short term downtrend, but what did many 'analysts' say? They said that this is a 'short' term correction. What is our 'key phrase' here? 'Short' term. When it comes to crypto, yes there can be short term correction, however not in stock market. There is nothing 'short' term about a few month correction and that is what no one is talking about. Did you notice how on same day that stocks started major decline we had so called analysts coming out and saying that economy is strong, it will recover, we will see 40k dow jones soon, it's temporary, and then we had Trump administration come out and say that 'Our Economy Is Strong' and calling Feds 'Crazy'. Now please keep in mind that we are not talking politics or anything of that nature here, just looking at facts and some so called 'Fake News' that we had come out from known media sources telling us that everything was just fine! Does that remind you of 2008 crisis and 2007 on how it started back then? Well it does doesn't it? What's different about this 'correction'? What's different about this 'correction' is the fact that this is NO regular correction, but a start of a FINANCIAL RESET and movement to ONE GLOBAL FINANCIAL SYSTEM. Back in 2017, during a press conference with Japanese prime minister Trump noted that devaluation of US dollar 0.41% is a terrible thing, but that a 'LEVEL PLAYING FIELD' is being created and will be here much faster than we think. In recent days another interesting thing that came out in the news is that Trump Administration has been in constant contact with a crypto currency company called Ripple Labs that have developed fast payment solution which solves world liquidity issue. Do keep in mind that I am not inferring that this is what will be used as global currency or ANYTHING related for that matter. Simply pointing out that there is A LOT happening behind the scenes. With that said I would also like to point out that Federal Reserve has been very busy as well behind the scenes with their Faster Payments Task Force that was created in recent years with a task in mind of transforming current financial system by 2020 All you have to do here is connect the dots . . . How do you convince people that one world currency or level playing field is what's needed? Easy, you create, what seems to be a financial crash which in turn makes people and investors 'untrustworthy' towards their country's financial system. As financial crash is happening, suddenly government and different organization come out and tell us that 'WAIT, guess what? We have just the solution you have been looking for!" that's when the 'levels playing field' comes out. I do not want to speculate too much on what it may be but what I will say is that it will result in greater control by government over our finances, in what way it will be done, I am not yet sure, but I do have few guesses which I will not discuss just yet. Conclusion What should you do? Well, since I am not your financial advisor, I am not going to give you a direct answer but I will say what I am doing. I am minimizing amount of cash that I am holding in my banks and moving it into other assets. The bells are ringing
DJ:DJIShort
by CryptoManiac101
26
DOW JONES: DON'T PANIC!The week before last gave us a shooting star/doji. The following week resulted in a pull-back that has everyone scared. For now, we held lower parallel support. However, I'm leaning on the prospect of more downside for now. The markets are telling us something: there is clear concern over the mid-term elections. If Democrats win, I'm sure that would pour water on stock market fundamentals. The Democrats seem to be in a state of emotional meltdown. Any Democratic victory may render the United States uninvestable. As the crown jewel of American industry, the Dow Jones may enter a serious bear market. However, I do not foresee that happening. I foresee a Trump victory - not only in the mid-terms, but for 2020. So, stay with the trend. There will be an amazing buying opportunity soon. Should last week's low give way, it opens up the possibility of falling to the year's lows. Even better: we take out the February low WITHOUT closing below it, on a weekly or monthly basis, creating a severe snap-back rally. THAT would be an incredible trade. I am bullish the Dow Jones long term. I am bullish the Dow Jones in the medium term. But bullishness must be fueled buy the consensus being on the wrong side. We MUST create the conditions that prompt the majority to believe that stocks will go down, in order to go up. This could be a period of sideways consolidation, in a large range. Or it could mean a spike down that 'washes' everyone out, catching them flat-footed. Such a move is possible. Was last week the spike? For now, I think not, as I believe the markets are awaiting confirmation in US politics in November. I await a signal to enter a full position long. As long as we remain below the 25760 area (prior support turned resistance) on a closing basis, I will be taking short scalps, ready to roll into a long.
OANDA:US30USD
by TheRealPeaches
Possible Crash Mid 2019The DJI clearly has a hard time to build support on current levels. I wouldn't initiate a long-term trade just yet. There is a possibility of breaking through and achieve new highs, but I think that's very unlikely to due to the bearish divergence on the monthly chart. I would suggest waiting for a cross of the 8 EMA through the 21 EMA on the monthly chart, since that was the key indicator for the 2008 crisis. We haven't had such a situation since. To be even more safe i would initiate 50% on the first cross and then another 50% on the bear cross of the 21 EMA crossing the 50 MA. It's not a juicy short term gain trade, but at least something to keep in mind and to stay ahead of the masses.
DJ:DJIShort
by Olavski
MARKET COMMENTARY: WHAT CANNOT GO DOWN MUST GO UPIn my last commentary I noted that the Euro could bounce. The Dollar has just broken significant support as I write. I have short EURUSD positions remaining, but I'm strongly hedged with a DXY short. I'm also long Gold and Silver, as a counter-trend short Dollar play. I also noted that political confusion concerning Trump could make the US markets 'choppy' - this is not happening! Two things are going on: Firstly, Trump is proving to be resilient, as attempts to discredit him and his supporters seem to come to nothing. Second, the rest of the world is falling apart. Investors outside of the USA are buying up blue chip stocks to hedge their own political and economic risk. Consequently, the Dow has done nothing but rise since February. Taking out the January high would project a move to over 30,000. I see no possibility of a technical pause in the long-term trend, unless the February low is taken out - this seems impossible at this point. As it stands, the current pattern is nothing but bullish. I'm long DJIA and S&P500.
OANDA:US30USDLong
by TheRealPeaches
Dow Jones ElliottWave Analysis: Inflection Area Called The RallyHello Traders, Dow Jones Elliott wave view suggests that the cycle from 08/15/18 (24946) low ended at the peak of 08/29/18 (26186) in red wave 3. Below from there, it ended the pullback in red wave 4 at 09/11/18 low (25767) and already broke to new highs confirming that the next extension higher has started. The internals of the red wave 4 pullback unfolded as an Elliott Wave double correction which ended black wave ((w)) at 09/11/18 low (25817), black wave ((x)) pullback at 09/11/18 (26102) and finally black wave ((y)) of red wave 4 at 09/11/18 low (25767). After breaking red wave 3 peak confirming that the next extension higher has started, it ended the short-term cycle from 09/11/18 low (25767) at the peak of 09/14/18 (26262) in black wave ((i)). Below from there it reached our equal legs extreme (blue box) towards $26061-25963 area, which was the 100%-161.8% Fibonacci extension area of blue wave (a)-(b) where it ended black wave ((ii)) pullback and also where we like to stay long with a risk free position targeting higher targets. As long as pullbacks stay above 25767 low we expect the index to see more upside. We don’t like the selling.
CBOT_MINI:YM1!Long
by Elliottwave-Forecast
1
My view on mid-term price action of the DJIAs you may expect, there is always a bullish or a bearish scenario to bet on. Upside breakout is needed to encourage the bulls to push price higher. However, resistance is evident. 10-year treasury bond is above 3%. There is no new hype around that may inspire positive sentiment, only Trump, tariffs and trade war. On rule of thumb it is more probable that stocks rise rather than decline. Nevertheless, "being a bear" is always a more risky way of trading. ***This information is not a recommendation to buy or sell. It is to be used for educational purposes only.***
CBOT_MINI:YM1!Short
by JaDeVin
Dow Jones Potential Flat Corrective Structure Intact:?The 4H chart view for Dow Jones might be suggesting that an A-B-C potential flat still remains intact, even after intraday highs at 25720/30 levels today (futures). Looking at the entire wave structure from Jan-Feb 2018, the indie had dropped lower 5 waves to 23,000 levels, forming an impulse. The expected corrective rally turned out to be a complex A-B-C flat as labelled here, after consolidating for several months. Please note that prices can still test up to 25800 levels, where wave A potentially terminated. If the above wave count holds true then we could see a potential bearish reversal from around 25650/750 levels. Probable direction could remain on the south side until prices stay below 26700/800 levels. Disclaimer: This written/visual material is comprised of personal opinions and ideas. The content should not be construed as containing any type of investment advice and/or a solicitation for any transactions. It does not imply an obligation to purchase investment services, nor does it guarantee or predict future performance. FXTM, its affiliates, agents, directors, officers or employees do not guarantee the accuracy, validity, timeliness or completeness of any information or data made available and assume no liability for any loss arising from any investment based on the same.
DJ:DJIShort
by harshjapee
Dow Jones: WARNINGWe are at predictable resistance in DJIA. Last Thursday saw the break of a rising wedge, but Friday offered little follow-through. We are now falling moderately in early Sunday trading (at the time of writing). I was aiming for a test of trendline resistance within the purple box. We can still test this area; either way, I'm betting on a wholesale decline in equities. THIS IS NOT A CRASH! US equities will not crash. We are simply in a consolidation period of multiple months, possibly years, which will eventually lead to an explosive rally. My targets are the two trendline support lines. Should we break the second, I will be able to better judge where a buyable low will form - and there WILL be a great buying opportunity. This is a multi-month trade, lasting over the Summer, and possibly beyond. For now, I'm short, and will add on any intraday rally on Monday, and possibly Tuesday. Only a solid daily close above the previous swing high in the 25300 area would shift me into neutral. The market is would have to rally beyond the 25800 to make me bullish.
OANDA:US30USDShort
by TheRealPeaches
Dow Jones Index (24200 - 24259 is a very important region)Dow Jones, The market is definitely moving on the sentiment right now, without a proper fundamental backing. The fear of trade war. I am expecting we might see some rebound near 24250. In summary, we might be late to short as we have potential rebound on the card. Press "like" and Follow for accurate and free trade signals. s0nic Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade. The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation. We, Sonicr Mastery dot com is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
OANDA:US30USD
by SonicDeejay
6