Dow Jones Index (US30): 36000 is comingAfter the good growth it has experienced, we expect to have a short-term correction to the specified level and then move on to its new Targets ...
Dowjoneslong
DOW ready for a new ath 🦐DOW on the daily chart after the recent retracement at the 0.382 over the support area started a new strong bullish impulse.
The price is now trading below a resistance structure at the all-time highs.
According to Plancron's strategy if the price will break above we will set a nice long order.
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Follow the Shrimp 🦐
Keep in mind.
• 🟣 Purple structure -> Monthly structure.
• 🔴 Red structure -> Weekly structure.
• 🔵 Blue structure -> Daily structure.
• 🟡 Yellow structure -> 4h structure.
• ⚫️ Black structure -> >4h structure.
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 the Plancton0618 strategy will trigger.
US30 DOW JONESUS30 continues its bullish trajectory making higher highs on the daily and has an overall bullish structure on the monthly, weekly and daily chart. However, for good entry, wait for the retest of the daily support.
If support doesn't hold then we might see a deeper plunge to the downside. Major bias is LONG!!
TA is clear from the chart/analysis.
Can Dow reach here ??????????Dow heading to 37000+ in coming weeks..........
keep on radar
Weakness only below 33000 three continuous daily close..........
Dow Jones - Elliott Wave Technical Analysis5th wave has still some room to go up as usually it's as long as 1st wave.
Fib Extn for this wave from bottom of 1st wave to top of 3rd and extending it to 4th (bottom):
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- We are now at 0.236 Fib Extension $34,550, 0.382 is around ~$35,090, 0.5 is at ~$35,500, 0.618 around $35,958
Good Luck!
Dow Jones - Elliott Wave Technical AnalysisDow Jones continues to show strength, it's a slow mover as volatility is low for value stocks.
- 3rd wave's peak may or may not have reached yet, but either way still has a 5th wave to complete before correction.
- Green parallel zone represents bullish impulse still in place, upper line acts as resistance and below line also represents trend line of support.
Enjoy!
Growth may come soon...The exchange rate is on a post-rise holiday, and it's a Fallin wedge pattern, so I think it's likely to continue to rise.
Dow Jones Forecast and revesal zone!!Hello Traders,
Welcome back to dow jones industrial chart.
overall market sentiment is bullish should look for a long entry on a pullback,
the target should be 36000 or above, we have also pointed out the possible reversal zone of the market, which is near the upper daily trendline marked with triangles.
please read the chart carefully, before you implement the idea on your trade.
Thank You.
US30 - Break of ResistanceI am anticipating a break of the resistance that has been holding on US30 for the past week or so (at around the 32800.00 level) to the upside.
If broken I expect price to continue it's bullish run to revisit the resistance area at the 33200.00 level.
Why I Believe The Dow Jones Is Going To 142,000AriasWave has turned bullish bullish bullish on the Dow Jones.
Thanks to Crypto markets and some in depth research I have some good reasons to create this Wave Revision.
But this is only the beginning...
If you are currently long based on my previous long idea my advice is to stay long as we are only just getting warmed up.
I apologize for the delay in getting videos out, I have been very busy learning and researching various topics in order to bring better content in the future.
Just remember: I am not a financial advisor, I suggest using this only as a guide. Always do your own research.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
DOW JONES - Wave Revision - FED Kicking The Can Down The RoadIn this video I present the latest interpretation of the DOW JONES according to AriasWave.
This video is accompanied by a long trade idea linked down below.
The FED continues to kick the can down the road therefore this market is still bullish.
This move continues to subdivide into a complex Type-2 Expanded Zig-Zag.
Please remember: I am not a financial advisor, only use this as guide.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
DOW JONES - Long Trade Idea - Based On Video IdeaThis long trade idea is based on the latest interpretation of the DOW JONES.
Please see the related video idea linked below.
Entry: At Market.
Stop: 30,773
Target: 36,500
Risk\Reward Ratio: 7
The FED continues to kick the can down the road therefore this market is still bullish.
This move continues to subdivide into a complex Type-2 Expanded Zig-Zag.
Please remember: I am not a financial advisor, only use this as guide.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
DOW JONES - Long Trade Idea - Impulsive ConfirmationA new low was made since the last video which has altered the count slightly.
A change has been made to where Wave 1 ended and how the correction appears to have played out.
The stop has grown a bit longer but if you want to go long it's not always an easy task if you want to have a short stop.
The entry has already been triggered.
Entry: 31,735
Stop: 31,163
Target: 37,000
Risk\Reward Ratio: 9
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
DOW JONES - Tracking Minor Waves - Finding Clues Within WavesIn this video I explain what is going on in AriasWave terms for the Wave (C) in progress.
I also take the liberty of explaining why I call this move a Type-2 expanded Zig-Zag.
Fractal patterns are amazing but I am also starting to cross reference some macro views as shown in the video linked below.
Please do take the time to review these videos in order to understand the bigger picture.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
DOW JONES - Long Trade Idea - Wave 3 In ProgressIf this count is correct then a long position would be placed here.
Entry: At Market
Stop: 31,236
Target: 37,000
Risk\Reward Ratio: 17
See related ideas below.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
DOW JONES - Wave Revision - Wave (C) In ProgressIn this Wave Revision I revert back to the previous interpretation where Wave D ends around this area.
That being the case this sets the stage for another leg up to complete the move since March 2020.
Even though breaking these highs has signaled a buy signal, waiting for a correction to form would be the best course of action.
See related ideas below to understand my long-term view for this market.
Wave Revisions are Pre-Planning\Analysis , not trading ideas.
DOW JONES - Tracking Minor Waves - Long Trade IdeaA break of the Wave D high in Green Wave 2 should signal an entry to go long at 30554.76
If the current level holds at 30411.90 then this would be your stop.
If a new low is made before the entry point just use that previous low as a stop.
Target: 32,000.
Given the expanded nature of Green Wave 2 and semi complex nature of Blue Wave 2 it can be assumed that we may be headed for a spike up\blow off top.
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DOW JONES - Tracking Minor Waves - Long Trade Idea InfoThis video is a follow up to the long trade idea I posted earlier. See related ideas.
In this idea I go over 2 different ways you can enter this market.
I re-cap on the whole move up since March and explain the target.
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