The 3x Inverse ETF of the Dow Jones Industrial Average has formed a Bullish Dragon and has broken free from it at the PCZ of a Bullish Deep Cypher with a Bullish PPO Confirmation Circle. If things go as one would expect, then we will see this ETF pump up to at least the 61.8% Retrace, but given how Bearish so many of the Heaviest Weighted Holdings in the Dow look...
Has Dow Jones caught spring fever? At the moment, the index seems to lack the necessary drive to continue expanding wave (i) in blue. However, we expect Dow Jones to pull itself together soon and to summon up enough momentum to make it above the resistance at 35 521 points. The index should not surmount the higher mark at 36 446, though, but finish the current...
It has been a while since Indices begin with a Heads UP High. The amount of volatility that has been withdrawn from markets due to exchange of securities at average rates will soon get soared when there will be market capitalization of stocks crunch. The volatility will increase as free float market cap will be left really low and whatever stocks trading will...
As a hard worker, Home Depot has just recently nailed down wave X in green, hitting our green target zone between $282.54 and $260.03. From this low, the share has already started the anticipated ascent and thus should soon reach the resistance line at $347.25. Next, Home Depot should saw through this mark and climb into the gray zone between $360.98 and $402.97...
Like a periscope, Dow Jones is craning its neck upwards, watching waves v in orange and (i) in blue unfolding before its eyes. To finish the current movement, the index should climb above the resistance at 35 521 points but ideally stop just short of the next mark at 36 446 points. Wave (ii) in blue should then lead Dow Jones decidedly back below 35 521 points. A...
* Here we can see Clearly the next move for US30 today, * We're waiting for the Mini Up Move Before we see our SELL Position Happening, * We're using M30 TF for a clearer view of our analysis, Hence we can't predict the duration of our SELL Setup, * We've got our EP ( Blue Line ) & our TP (Golden Line ), * Keep a close eye on US30 Today, * Happy pip hunting...
Our athletic Dow Jones! After it has hopped from line to line, all the while finishing not only the overarching downwards movement in the course of wave iv in magenta but also waves (i) and (ii) in blue, the index has continued its fitness training with some bar exercises at the resistance line at 30513 points. We expect it to upswing from this mark, rising into...
A good bounce from support zone ,I'm expecting bullish engulfing candle in week to give proper confirmation. Target T1& T2 and Stop loss are clearly given in the chart. Buy near 290-295 SL 282 T1 310 T2 320
15min RSI Setup, will be a banger! We are also inside a nice 1H Demand that should see some reaction.
This is what i'll be watching for on US30. 15min RSI Divergence to form, then a huge drop to follow. Atleast a 1:12 trade here coming up.
Where to start.. economy is shit, and the FED keeps printing money leading to an artificial bullish market. what could go wrong right? *4H Supply Zone tapped into *4H RSI Divergence is about to finish forming *4H Pinbar to form showing insane rejection and candlestick confirmation *15min RSI Divergence for entry. This could be a killer
Here comes the downfall! SMT Divrgence should give us an 8% gain!
1H Demand Zone breached, got some nice SMT Divergence as well
I will be watching for this to happen on US30. Once we approach into the zone i will be looking for either 15min RSI Divergence or SMT Divergence to occur with SPX500. Those are my only entry criteria.
I will be waiting for this to play out on US30. Watch 15min RSI Divergence to form. When it does, place order at close of bearish candle that creates the divergence, 45pt stop then target that area above! Let's get it!
I am watching for this to happen on US30. Will be waiting for 15min to show RSI Divergence then will go in!
I am expecting this for US30. Watch the 15min chart very closely and wait until RSI Divergence forms. As soon as the bull candle finishes forming you will enter the trade with a SL of 450 pips. Target previous lows.
Beautiful RSI Divergence forming. This will be a wonderful catch. Take it to the previous highs. Wait for 15min candle to close. 45pt stop loss as always