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Dowjoneslong

DOW JONES - Wave Revision - Wave 5 Buying OpportunityI'm calling the low on the 15th of June a Wave E and end of Wave IV since September 2019. I cannot confidently label this as anything else. Looking at other markets this tells me that we are now in the last wave of this entire move up. I will be posting an updated longer term idea shortly. I have had to really think about these waves which is why I haven't posted on this lately but it's timely. I am going to buy into this at 26,842 with a stop at 26,633. This area has to be the lowest risk area to place such a trade. Please LIKE and FOLLOW to get notification of updates and future posts.
FX:US30Long
by AriasWave
😯 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
🤔 Long-term View Still Early To Call. (DJI)💰 LET'S GET INTO SOME DOW JONES ANALYSIS!💰 1️⃣ First off SMASH that LIKE BUTTON & Give us a FOLLOW for DAILY ANALYSIS! ❤❤❤ (Overall Market Sentiment) 🤷 Neutral - If you've been keeping up with the MLT Trades then you know that we got short avg. Price 26,990 on a shorter timescale. - Overall based off the 3 day chart you can see that the candles are still green, no crossover and that the ema dots have not completely lined up just quite yet. - We are in a more aggressive position on the wallet timeframe and for now will continue to hold and get a feel for how this week wants to start out. - For a longer term confirmation we are going to want to see the ema dots align red, candles shift red and crossover. - On the shorter timeframes based off my previous post on a lot of the market you know that we are leaning bearish. We won't know until long term confirmation. 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
💰 Dow Jones Rejected? (DJI)💰 LET'S GET INTO SOME DOW JONES ANALYSIS!💰 1️⃣ First off SMASH that LIKE BUTTON & Give us a FOLLOW for DAILY ANALYSIS! ❤❤❤ (Overall Market Sentiment) 🐻 Bearish - I have been tracking this big boy heavy lately as I do hold a short from 26,990 area. I let the most recent coercive way push back up and held onto my position because I wanted to see if the longterm break of support would turn into new Resistance. You can see we shot back up with some engulfing candles but now seem to of have found some Resistance as the candles begin to compress and start to Crossover red. - Let's also take into consideration that all of thr ema dots are beginning to shift back towards red. This is my play to try and capture a massive swing on the dow, I don't look forward to selling anytime soon. Thanks for checking out our analysis! ✌😁✌ 🥇MLT | MAJOR LEAGUE TRADER
TVC:DJI
by UnknownUnicorn2319099
4
💥 Still Holding My Short. (DJI)🥇 We are now testing predicted next major support levels from previous post below in related ideas. First off. If your objective is to trade large timeframes like the 3 day then you need to be willing to absorb noise in a market. If you are going to trade a large timeframe you have to cut out your emotions and let it go. You will never become a successful swing trader if you can't do this. You look for your entry set your stoploss and move on to the next trade and continue to diversify your capital. You will NEVER capture every single exact bottom or every exact top. IT WILL NOT HAPPEN! It's going to take a lot of micro structures to form to create one overall massive trend. If you can't understand this and get caught up in emotions, trading probably isn't for you. I speak about a lot of the basic aspects of trading over and over again to help make my fellow traders understand regardless of what strategy you trade with, the core fundamentals play a bigger role than anything! Cut loss, use stop loss, let the timeframe play out, don't marry bad trades, don't dollar cost average on the way down, cut out emotions. We have been short on the dow jones since 26,990 which is still roughly around 5% in profit. We had taken this trade based off the 3 hour timeframe as we scouted previous major structure to play. We lined up the Crossover strategy and the ema dots and went with it. We have now broken the green major support level and now are testing major key levels on previous horizontal green supports. You see that price has rebounded off those levels to try and test the upward green strong longterm old support. Remember support can become new Resistance. Let the trade play out. We are starting to get some green compression on the 3 hour candle looking for a crossover and ema dots to line up. My main focus is that we are under that longterm support. If it can hold than we could see a bigger selloff and start to roll this trade over into the larger timeframes for a longer hold, which I would prefer. I am not worried about it and will let it ride to see how it holds up on key s&r levels. Have an awesome week! Look at some of the previous dji calls in the related ideas below. 👍
TVC:DJI
by UnknownUnicorn2319099
4
MLT Called The Top! 6.9% Gain! 🥇 (DJI)👌 Well, Well, Well.... she seemed to of had a rough Thursday just as we expected it to have. The main upward support level has been breached, which is not a good sign. What we are looking for next to be test and try to hold is not not too far away. 25k-24.6k as I have it label as a key level of support. We took this position on a 3 hour timeframe as the Crossover strategy and the ema dots shifted towards the red alignment. We will look to see if we can get a reversal here or if it decides to just melt through the bottom. 🔥🔥🔥 Best of luck to you all! 🎲🎲🎲 🥇MLT | MAJOR LEAGUE TRADER
TVC:DJI
by UnknownUnicorn2319099
1
My Outlook On The DOW (DJI)Ascending wedge break to the right of long term upward support with highs being hit at 24150 key area of Resistance to test for an attempt at an upward breakout. 23000 is support area for the current range. Weekly crossover for bullish shift and the ema dots are firing green. But, keep in mind that we don't have a close on the weekly till may 4th. Overall the weekly is in development and trying to recover from the crash. We want to watch the open and see if it can push through 24150 with good volume pushing on the books. Currently the one hour is green. If I get a Crossover on the 1 hr to the downside from rejection I'd than look for a 24000 break for a short to test 23000 If breaks to the upside your going to want to see it push towards the old wedge support and see if it rejects as new Resistance. That would be a good place to take profits. We need to keep in mind that the monthly and the 3 month are overall bear pressure. We now scout the weekly to try and find a good long term position to enter here, but it results in if we want to make higher highs or lower lows on the smaller timeframes We still have to be conservative with the higher timeframes. If this ranges breaks down than it could be a Distribution play and could result in a good size drop. I hope this helps, I wish you all the best of luck trading this week! Have a blessed day. 😁
TVC:DJI
by UnknownUnicorn2319099
DOW sparks will flyCatalysts for bull runs have been seen including symmetrical triangles, and three clear bullish divergences. A broadening wedge within a broadening wedge is present, these 52% of the time (according to bulkowski's chart patterns) result in a breakout downwards. Most often this chart pattern is found in bull markets. A clear cut case is the DOW. Going off purely TA a breakdown is likely from these high levels back towards the mean of the wedge , possibly even forming a symmetrical triangle or a falling wedge within the wedge to hold it. Monthly chart. If you are looking to buy, entering is fine as long as you are prepared for downsides and want to go long, as you can see the chart is clearly bullish .
TVC:DJI
by Bixley
Dow Jones 30 Robust Demand| 3rd March 2020"I can calculate the movement of the stars, but not the madness of men." -Sir Isaac Newton The daily chart close with last week price in robust demand. This is the potential buying signal from the bear traders as the movement of the bull has been spotted on H4 with evening stars. The price closed at 25553.00. Would be advisable to put trade on the key above 24500.00 any price. I will look onto the chart on Monday open whether taking another more deep price before hold the long and adding lots. If this has not resolve on the fundamental week next week, would be the price to go below and sending it to 21555.55 to the market crash 2018. Remember, you can never have to enjoy the long term bull like you did before as the coronavirus is still in the background as the economy not recover yet.This is just the beginning of the crash sensation.This is just the beginning of a downtrend. By Zezu Zaza
ULong
by Zezu_Zaza
DJIA Stay In A Risk-On MoodUS equities rallied last week to new record levels with the Dow Jones Industrial Average breaching 28,000 for the first time. Soft economic data, Trump’s impeachment hearing, Hong Kong protests, and Middle East unrest were all considered secondary factors in investment decisions. Today European stocks kick off a new week a little flat, with more talks between the US and China failing to excite investors in the way they have been recently. So, what now? With the economic calendar being empty to during the start of the week, any trade updates will dictate the mood in markets. As things around the trade talks stand optimistic, the Dow is set to hold above the 28K level at the open. The market is trading on the strong side of an uptrending Gann angle from the 25,743 main bottom on October 3. Look for the uptrend to continue as long as the Dow futures contract holds above this angle. The 55-day moving average has risen to 26,972 and could provide support if the price begin to fall. A move through 27,400 will shift momentum to the downside. This will not mean the main trend has changed, but it will indicate the selling is greater than the buying at current price levels. While the nearest main bottom 25,743 hold, the uptrend is safe for now.
TVC:DJILong
by ForexTrendline
DJI Dow Jones SHORT Critical Situation Longs Breaks 26750 ?Dow Jones are right now in a decision mode. 26750 is the key Level which must hold for Long in a Longtime View. In shorttime we are ahsort since 26980 broke with 2 supports. Now there is the Long Trendline in BLUE which is in danger Watch out these and the 26750 Level to decide the direction. For new Longs in short timeframe we must climb above 26870 Good trades If you want to support my work please like them... and if you want to know more about my trading style please send my a boardmail. Renkotrade
TVC:DJIShort
by Renkotrade