Get started

Dowjonesshort

US30 short - 0.786% rejected Hello analysts and traders - We have our chart here to show our thoughts behind the Dow Jones Industrial Average . Technicals All time high peaked before the impulsive move to the downside - as the all time acts as a supply zone providing key wicks which show and imbalance between buyers and sellers. After the impulse - the price showed a hammer - indicating a reversal signal for buyers - plus on a month Dead cat bounce - to create a quick rally up to show - a V-shaped recovery. Refer to VIX and S&P, XAU analysis for further insights for correlations. Pay attention to safehaven pairs for investors moving assets to ensure cash is spread to diversify. Fibonacci levels - we took the high to low approach - and upon the retracement we saw 0.786 hit our zone and reject. VIX - analysis shows the trend line has been touched to instill confidence in investors, however the trendline looks to be rejecting and creating a strong buy opportunity, meaning indices sell off opportunity. Fundamentals stimulus package from central banks - propping up the stock market but are they really saving businesses small, medium enterprises? Heath crisis Travel industry shut, but opening slowly, however the world will disobey opening warnings and decide otherwise on best to take action for themselves. With northern hemisphere summer travel will be an opportunity to experience a vacation from key countries with no quarantine, however spreading will be inevitable this way. Why follow us? Updates on our pairs as and when we can. Swing trade out looks 10 years combined experience in capital markets simple breakdowns for beginners to advanced . KISS - keep it simple stupid. we trade purely from naked charts, less indicators - remove the noise. If you like our work, please leave a like or comment. To all our followers, we appreciate the follow and likes. Thanks, Team Lupa
UShort
by LupaCapital
DowJ (Dow30 Futures) Looking for a Correction - ShortAs stated earlier I believe SPX is in for a correction as well as the DJIA (Dow Jones). If this moves in our direction today and early next week look at taking profit and each black line level on the way down. I keep trading as simple as possible. Will not give my method but will give you entries :-) Don't get greedy. Take profits quick when in green :-) All trades taken on PrimeXBT (Referrel link below). Write me for 50% off trading fees. go.primexbt.com Cheers.
UShort
by UnknownUnicorn2820659
7
😯 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
Trump Said It... The BIG "V" (DJI)🤔 Will the stock market drop or fly high... Let's take a look! What is the big V pattern and what does it represent? I want you to focus on the structural support that we have drawn out connecting the 3 green arrows bottoms. This is a very key level of support that we want to take very seriously! We are all aware of the massive market selloff that we had in early 2020. We found a major level of support around 18.5k and then rebounded to run up towards 27.5k. The big v can also be considered a cup pattern which is a bullish pattern to show that the bulls are in control as we continue to print higher lows. But, let's keep in mind that patterns can change and do not always go according to the textbook of what It represents. Next let's look where our most valuable piece of historical structural data was developed at. I have circled it in red. You can see that this was an area during the selloff where we had some relevant form or an impulse to try and push the market back up. We want to correlate that piece of information with where price sits at now. As of now we have attempted to breach above that structural top where Resistance was at that ended up crashing the market back down. Their is a saying where old support and old resistance can do the opposite and act as the opposite later down the road. Support and Resistance is a very critical thing to understand when trading any market! This is a 3 hour chart as I am taking a more aggressive approach to play a short here at 26,990. We are getting early signs of a Crossover from red candles developing to Crossover the green line below. We want to see it travel towards 26,919 as that is the level of the historical top to see if it acts as new major support to push the market higher. If I wanted to long the dow jones I would look to play the breakout of 27,451. I will be applying a stoploss here of 1.72% on this short. Risk management is also a very important concept to understand when trading the market, probably the most important! If we break 26,919 next we will want to look to travel towards the cups green arrow major support level to see how that holds. Look for a textbook Crossover strategy play there or hold if the candles stay red and push through it. The next level on the way down would be the 2 green levels I've drawn out in the range of 25,000-24,600 to see if that old Resistance acts as new support. As of now let's not get carried away and not hink too far ahead. Let's play the current range and walk with it. I hope that I've helped you learn something today! 😁 If you would like to get training on how to trade the markets with our custom strategies and Indicators, then please consider checking out our website below! We wish you the best and will stay updated on this one! 🥇MLT | MAJOR LEAGUE TRADER
TVC:DJIShort
by UnknownUnicorn2319099
DOW Jones - C Wave Target Reached - Now Watch For This.Target Reached. See - Previous related ideas. - Let's look for the signs of a reversal. Trading the Primary Reversal Level is riskier than trading Secondary Reversal Level so it depends on your risk appetite. I will post another update when the Secondary Reversal Level is broken. When trading a reversal level place the stop above the end of Wave C. Good Luck! Please LIKE and FOLLOW to get notification of updates and future posts.
FX:US30Short
by AriasWave
3