Get started

Dowjonesindustrialaverageindex

Is the Dow's Relentless Rise a Harbinger of Future Fortune or a In an era of unprecedented market dynamics, the Dow Jones Industrial Average (DJIA) has embarked on a journey of remarkable consistency, painting a picture of resilience that challenges historical norms. With a win rate approaching 61% over the past 250 trading days and impressive gains across multiple time frames, the Dow's current momentum stands as a testament to the market's enduring strength. This rare confluence of positive indicators places the present rally in the top echelons of market performances since 1900, excluding the tech bubble of 1995-2000. Yet, as investors and analysts alike ponder the implications of this historic run, a question emerges: Does this exceptional momentum presage a continuation of bullish trends, or does it signal the approach of a market inflection point? Historical precedents offer a nuanced perspective, suggesting the potential for continued short-term gains while hinting at the possibility of increased volatility or stagnation in the longer term. The market's ability to sustain this momentum may hinge on factors as diverse as global economic conditions and the transformative potential of emerging technologies like artificial intelligence. As we stand at this crossroads of market history, investors are challenged to look beyond the surface-level exuberance and delve deeper into the complexities of market cycles and technological revolutions. The Dow's current trajectory invites us to consider not just the immediate opportunities but also the broader implications for portfolio strategies and risk management in an ever-evolving financial landscape. In navigating these uncharted waters, wisdom lies in balancing optimism with prudence, recognizing that in the dance of market forces, momentum is but one partner in a complex choreography of factors shaping our financial future.
TVC:DJILong
by signalmastermind
2
Dow Jones Industrial Average Key MomentMACRO MONDAY Dow Transportation Average Index DJ:DJT The Dow Jones Transportation Average (DJT) is a price-weighted average of 20 key transportation stocks traded in the United States. The transportation sector acts as a leading indicator as it is further up the value chain ahead of the final products being sold by companies in Dow Jones Industrial Average $DJI. For this reason, in some circumstances we can use the DJT as a helpful leading indicator for the direction of the economy Currently we are at a critical juncture on the DJT chart as we are testing significant resistance levels - The DTJ Index is at a critical diagonal and horizontal resistance level - A break through or rejection of the resistance will provide insight into the direction of the economy - There is a potential Head and Shoulders pattern that needs to be validated or invalidated which will be defined by the price reaction to the resistance zone. We can observe what happens over the coming weeks and how price reacts to the resistance. Can it break above it and turn it into support? When the DJI is climbing higher while the DJT is falling, it can be a signal of economic weakness ahead. A divergence of this sort means goods are not being transported at the same rate they are being produced, suggesting a decline in nationwide demand. This type of divergence occurred prior to the March 2020 crash with the DJT making its ATH in Dec 2020, thereafter the DJI made a new ATH in February 2020 whilst the DJT was closing almost 5% lower making a lower high. Those that study Dow Theory were key observers of the divergence and acted accordingly safeguarding their portfolios. Thankfully, at present there is no divergence. I will follow up in the comments with a chart showing that the DJI and the DJT are currently very closely aligned. Regardless paying close attention for a divergence could be very beneficial for your portfolio. I will certainly be on the look out and notify you in the event of. Thanks for reading and welcome to Macro Mondays PUKA
DJ:DJT
by PukaCharts
$DJIA -Awaiting Apex's End (break-out) - AMEX:DJIA has managed to raise up in price for three consecutive days. Resulting a break-out from Neutral Triangle Pattern, aswell Shifting Character from it's most nearest high 1:17 Risk -to- Reward Ratio call given inside on break-out day. 17% gains to be met overtime as long uptrend resumes on Market Structure. This is very well co-dependent on whatt TVC:DXY will perform through the next interest rate hikes decision to be made. Back to AMEX:DJIA , worth mentioning aswell is that DJ:DJT (Dow Jones Transportation Index) has exploded +50%. Usually these types of impulsive moves of DJ:DJT smell trouble for AMEX:DJIA in the short term, but strong in fundementally speaking, as long price rises with DJ:DJT . (some sort of correction can be anticipated from the recent price action) Safest Buy-in from here ; re-test of broken CHoCH and Triangle's ceiling) TRADE SAFE *** Note that this is not Financial Advice ! Please do your own research before partaking on any trading activity based solely on this Idea
TVC:DJILong
by Mr_J__fx
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.
CBOT_MINI:YM1!
by MarketIntel
Dow Jones: Spring Fever 🥱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 movement and turn downwards again. There is also still a 35% chance that Dow Jones could slip below the support at 28 635 points, heading for a new low in the form of wave iv in magenta.
CBOT_MINI:YM1!
by MarketIntel
Dow Jones: Periscope 👀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 35% chance remains, though, for the index to turn downwards and to drop below the support at 28 635 points. In that case, Dow Jones would develop a new low in the form of wave alt.iv in magenta first before heading upwards again.
CBOT_MINI:YM1!
by MarketIntel
US30 ( High Probability BUY Setup SOON )* Here we can see clearly the near formation of a Bullish Head & Shoulder Reversal Pattern ( VvV ) * Closed the day little net changed, * An overnight negative theme in Equities has led to a lower open today, * Bespoke support is located at 32603, * We can see clearly the Strong Bullish Divergence on the RSI Indicator, as an extra Confluences of our analysis, * We're using H2 time frame for a clearer view of our analysis, hence we can't predict the duration of our move to happen, * We've got our EP ( Blue Line ) & our TP ( Golden Lines ), * Keep a close eye on U.S. indices this coming days & weeks, * Happy pip hunting traders, * FX KILLA.
FX:US30Long
by FX-PIPHUNTER
5
US30 (High Probability SELL Setup SOON)* Here We Can See Clearly the Next Moves for US30 Today, * With the #FOMC Meetings Today at 7:30 pm ( GMT + 00:00 ) London Time, & The #FedChairJeromePowell is Expected to #RaiseInterestRates by Quarter pts, in an effort to reduces #Inflation, * Hence We Expect to Drop The U.S. Indices, * We're Using HTF for a Clearer view Of Our Analysis, Hence we can't predict the Duration of the Moves in the Market, * We've Got Our EP (Blue Line) & our TP (Golden Lines), * Keep your Eyes Close on U.S. Indices Today for a Better Trading Opportunities, * Happy PIP Hunting Traders. *FX KILLA*
FX:US30Short
by FX-PIPHUNTER
4
US30 (High Probability SELL Setup SOON)!! * Here we can see clearly the next move for Dow Jones Industrial Average ( US30 ) today, * We can see clearly the formation of Head & Shoulder Reversal Trading Pattern ( M ), * we've got our EP ( Blue Line ) & our TP ( Golden Line ), * We're using M15 Time Frame for a Clearer View of our Analysis, hence we can't predict the duration of the market execution, * Keep a close eye on your trading journey, * Happy pip hunting traders. FXKIllA.
FX:US30Short
by FX-PIPHUNTER
6
US30 (High Probability BUY Setup SOON)!!* Here we can see clearly the next moves for DJ30 or US30 today, Forming a Double Bottom Soon ( W ), * We're expecting a downside move first before we get a bigger uptrend move later on the day, * We're using smaller time frame for a better view of our analysis, hence we can't predict the duration of our analysis, * With ADP Non-Farm Employment Change released at 1:15pm (GMT + 00:00) London time, * While on Wednesday, U.S. stocks closed in choppy trading session, markets had beed down early in the day on the back of a mixed bag of economic data, * With November Job Openings & Labor Turnover ( JOLTS ) report showed the job market remained strong, bolstering concerns that the Feds could continue raising interest rates as long as there remained a hot market for workers, * We've got our both EP for SELL & BUY SETUPS, * We've got our both TP for SELL & BUY SETUPS, * Keep a close eye on you trading journey, * Happy pip hunting traders. * FXKIllA. *
FX:US30Long
by FX-PIPHUNTER
8
Dow Jones: Defenses 🍵When it’s cold outside, it’s always important to strengthen your body’s defenses. To boost its own immune system, Dow Jones is currently taking an invigorating sip of hot turmeric-ginger tea in the form of the orange zone between 33 283 and 31 689 points. We expect the index to expand this healthy swig to finish wave iv in orange. Afterwards, it should be bolstered enough to tackle the resistance at 34 707 points. There’s a 30% chance, though, that the warm beverage might relax Dow Jones too much so that the index could slip through the orange zone. In that case, it should drop into the blue zone between 30 955 and 29 934 points first before climbing upwards again.
CBOT_MINI:YM1!
by MarketIntel
US30 (High Probability SELL Setup SOON)!! Here we can see clearly the next move for US30 today, we've got a clear Bearish Symmetrical Triangle, which shows us a clear SELL Setup SOON, We're using M15 TF for a clearer view of our analysis, hence we can't predict the duration of the setup execution, We've got our EP (blue line) & our TP (golden line), Keep a close eye on US30 today, especially with the release of U.S. NFP at 1:30 (GMT+00:00) London Time Zone, HAPPY PIP HUNTING TRADERS. FXKIllA.
FX:US30Short
by FX-PIPHUNTER
4
US30 (High Probability BUY Setup SOON)!!!! Here we can see clearly the next move for Dow30, By forming Inverse Head & Shoulder Reversal Pattern (W), Buying pressure from 33631 resulted in all the initial selloff being recaptured, An overnight negative theme in Equities has led to a lower open this morning, A break of bespoke support at 33650, & the move lower is already underway, We're using M15 timeframe for a clearer view of our analysis, nothing more, therefore we can't predict exact timeframe our analysis going to happen, We've got our EP (blue lines) & our TP (golden lines), Keep a close eye on U.S. indices today as it's full of fundamental news, especially with Fed Chair Powell Speaks at 6:30 (GMT + 00:00 London), HAPPY PIP HUNTING TRADERS. FXKIllA.
FX:US30Long
by FX-PIPHUNTER