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Dowjonessignals

DOW JONES enters decade long volatility when inflation happensThis is a long-term macro-economic chart on the 1M (monthly) time-frame, displaying Dow Jones (top chart) and the U.S. inflation rate (bottom chart). An interesting, yet alarming, correlation can be found on a decade-long horizon by comparing those two. As you see, the three previous times that the inflation rate made a Higher Highs pattern, Dow entered a +10 year consolidation phase of very high volatility where at least once, the 1M MA200 (orange trend-line) was touched. Interestingly enough, those decades coincided with the biggest wars after WW1. If this is indeed a pattern to follow, could this mean that the new volatile decade ahead will be marked by yet another big war (the Russia - Ukraine perhaps)? Will the 1M MA200 be hit again before 2030? History certainly seems to agree. -------------------------------------------------------------------------------------------------------- Please like, subscribe and share your ideas and charts with the community! --------------------------------------------------------------------------------------------------------
TVC:DJI
by TradingShot
6
DOW JONES fractal from China trade war points to a slow recoveryThis chart shows a lot of similarities of the current Ukraine - Russia war and the build up to it, with the 2018 fractal of the U.S. - China trade war. As this 1D chart illustrates, Dow Jones' build up to the peak of the U.S. - Russia trade war was on a Higher Highs trend-line supported by the 1D MA200 (orange trend-line). Then the index declined rapidly on Lower Lows, forming the bottom just after a Death Cross (crossing of the 1D MA50 below the 1D MA200). It was exactly then that Xi and Trump called a truce at the G20 summit. At the moment, the Ukraine - Russia war is displayed on those exact same Lower Lows, having broken below the 1D MA200 and with the 1D Death Cross pending (perhaps 1 - 2 days away). Notice how even the MACD fractals are fairly similar. Can the current peach-talks bring an end to the war and a bottom on DJI, the same way Xi and Trump did at G20? This week will certainly shows us. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
U
by TradingShot
6
Dow Jones naked price action.. Good evening from The Netherlands my Friends. Fasten your seatbelts for a nice week of opportunities. The America markets will be tested ahead of Russia and the Ukraine news.. When it comes to naked price action this is what I good get out of it.. My biggest lesson i have learned is to think in probabilities and possibilities.. The chart can be bearish now and all the favors will favor the bears but when the market opens tomorrow it can all be blown away and move it's own way.. Always be objective and never trade out of fear.. The pattern we see is a double top. These patterns have a good ratio of being true. Even with the confirmation it can turn the other way. We will see.. I begin the week with this picture and will steer in starting the week..
DJ:DJIShort
by MoneyMakingMuro
DOW JONES about to complete a handle to new All Time HighDow Jones has bee forming peculiar Cup & Handle (C&H) patterns since June 2021. Every time the price broke above the Handle, new All Time High (ATH) followed. As you see DJI is right now on its 1D MA50 (blue trend-line) and about to break above the latest handle. If it breaks, the formation should target the 1.236 Fibonacci extension by mid March. The time-frame is such because the previous Higher High was formed halfway the red Ichimoku Cloud. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
ULong
by TradingShot
2
DOW JONES The RSI on 1D and 1W signal rally ahead.This is Dow Jones on the 1D time-frame. The price made a bottom just before the 33040 Support of the June 21 2021 Low and is rebounding, about to test the 1D MA200 (orange trend-line) as a Resistance. Below the chart, I've placed the RSI both on the 1D and 1D time-frames. On 1D, the RSI hit the multi month Support and rebounded and on 1W it hit the bottom of a 5 month Channel Down and rebounded. All these indicate that the market has formed a bottom and is at the early stages of a rally towards the Higher Highs trend-line. My target is just below the 1.236 Fibonacci extension at 37000. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
ULong
by TradingShot
3
Dow Jones: Superman to the Rescue! 🦸As we all clearly feel these days, the markets are knee-deep in a phase of correction. We know, this can be alarming, but never fear! There is hope for rescue! It’s a bird! It’s a plane! It’s Superman! Like Superman rushes down to catch his crush Lois Lane in free fall, Dow Jones has rushed down into the orange-colored zone between 33518 and 32614 points. And just like Superman caught Lois Lane before she hit the ground, we expect Super Jones to end wave C in green within the orange-colored zone and before hitting 32500 points. The index should then fly up again, his red cape fluttering behind, and aim for 35221 points. From there, its superpower should be strong enough to shoot it to 36446 points and higher.
CBOT_MINI:YM1!Long
by MarketIntel
1
DOW JONES hit its 1W MA50, 1st time since the U.S. elections!DJIA hit the 1W MA50 (red trend-line) for the first time since November 02 2020 and the U.S. elections. At the time, this was the final bottom of the post COVID Channel Up, the index never saw this level again and the strong 2021 rally started. Besides the 1W MA50, Dow also made a direct hit on the Higher Lows (bottom) trend-line of the long-term Channel Up that started early in 2021. The 1D RSI also just entered its long-term Support Zone, which provided 3 out of 3 accurate buy signals before. As long as this pattern holds, the next long-term target and Higher High for Dow Jones is the 1.236 Fibonacci extension (TP just below at 37000). -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
U
by TradingShot
5
DOW JONES on the short-term buy zoneDow hit today the 1D MA50 (blue trend-line) for the first time since December 22. Within the 2021 Channel Up, this is a symmetrical support level both on RSI terms and from a price perspective with the Support Zone being within the 1D MA50 and the 1D MA100 (green trend-line). The sequence resembles a lot the July 08 - 19 fractal. The bottom was achieved exactly when the Ichimoku Cloud started to squeeze. I treat this as a short-term buy opportunity with a 37100 Target (0.236 Fibonacci extension). -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
ULong
by TradingShot
6
Dow Jones (Over Bought) Shorting chance Jan 2021Hi This index seems to be over bought to us as it is recovering from the Corona pandemic Crisis and the way it has rallied, we may have a chance to short it at its correction or so called retracement. we can see bearish divergence of Price and MACD and combining this flow with Price Action Analysis it gives us more confluences of a down fall and a trend reversal or at least a retracement or market correction we have specified some support levels which can be used as some target areas and some trend lines as the most fall levels truly speaking we don't have any concrete fundamental reasoning behind such a fall but some how we can relate it to the upcoming chaos in the USA political and FinTech industry and giant MNCs who can be an other reason for an other crisis... please bring some reasoning for this fall if you have any in mind...
TVC:DJIShort
by BitonGroup
DOW JONES could enter an accumulation cylinder if the MA50 holdsEverything went according to plan since my last update on Dow Jones as we accurately caught the December 20 bottom and today the 37000 target has been almost hit, so it might be a could idea to book medium-term profits: I have to update our outlook now as a new pattern may emerge as per the late 2020 price action. That is an Accumulation Cylinder (as per Livermore's speculative model) that technically leads to a new High. The technical condition for this to arise is for the 1D MA50 to hold. In fact there are so far many similarities with November 09 2020, which was when the last Accumulation Cylinder took place: a) The price is near the 0.236 Fibonacci extension. It was at that level that the rise stopped, the price took a relief break but the 1D MA50 held and the cylinder started. b) The Ichimoku Cloud squeezed right before the Cylinder started. c) Both rises that preceded the Cylinder started on a 1D MA200 (orange trend-line) rebound d) Both were at the end of a long-term Channel Up. e) The sequence that completed the Channel Up and started the Cylinder was a Zig Zag Higher Highs/ Higher Lows displayed by the bold black arrow. On the other hand, if the 1D MA50 fails, we should most likely see an extension of the Channel Up. In that case Dow should hit at least the 1D MA200. Basically the most optimal buy entry in the past 6 months within the Channel Up has been the 1D RSI's Buy Zone (green zone). -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
U
by TradingShot
4
DOW JONES hit the 1D MA200. Buy fractal spotted.Dow Jones has had a very sharp two-day pull-back, which hit today the 1D MA200 (orange-trend-line). That came off an Inverse Head and Shoulders pattern (IH&S) that continues to resemble that of June - July. With the 1D RSI hitting the Symmetrical Support level of the July 19 low which initiated the strong rebound to the 0.236 Fibonacci extension, I expect the same sequence to be replicated and hit 37000 by the end of next month. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
ULong
by TradingShot
4
DOW JONES and the fractal of DOOM it should avoidDow Jones has been trading inside a Channel Up since the Q2 of 2021 a time during which I have been bullish buying every Higher Low within the pattern. This hasn't changed, especially after it recently made a strong rebound exactly on the 1W MA50 (blue trend-line), which during long-term uptrends is typically the major Support. However with this analysis I want to bring to your attention, a technical possibility based on the charts, which shows that DJI's long-term bullish trend may not have more than another quarter left before a major correction occurs. As you see on this chart, which is on the 1W (weekly) time-frame, while the index has been on this Channel Up (Higher Lows and Higher Highs), its very RSI indicator has been trading on a Channel Down (Lower Highs and Lower Lows) for the same time-span. This constitutes a Bearish Divergence and technically indicates that the dominant trend (i.e. the uptrend) has been losing its earlier strength. Now we come to the major part of the analysis. On top of that Bearish Divergence, which is alarming on its own, the last time a similar Channel Up has been spotted was from February to November 2019. As you see there is almost a perfect symmetry between the two both in terms of the Fibonacci retrace and extension levels, as well as the bounce on the 1D MA50 and below the 0.5 Fib at the exact same spot on the Channel Up pattern. This correlation suggests that, assuming the pattern replicates almost the same way, when the Channel Up breaks to the upside (i.e. above its top/ Higher Highs trend-line), a top might form soon after (a month or so), and as the index will get massively overbought, a sharp quarterly correction may follow. Now of course back in Feb-March 2020 the sole driver/ catalyst behind this massive correction was the COVID pandemic outbreak and an event like that can't be repeated that soon, however the markets tend to find and capitalize on any fundamental catalyst they can find at a given time in order to fulfil a long-term re-occurring pattern. What do you think? Should this ring a bell early on for the global stock markets or not? -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
TVC:DJI
by TradingShot
5
DOW JONES may give more buy opportunities on this patternThis is an update to my most recent Dow Jones idea that gave the buy signal on the bottom of the Channel Up a week ago: The index has been rallying aggressively since then and now faces the first important Resistance (black dashed line). This may be an Inverse Head and Shoulders pattern similar to the June one. That has given two buy opportunities on the 1D MA50 (blue trend-line)/ 0.5 Fibonacci retracement level and the 0.618 Fibonacci retracement level before the final rally of that phase towards the 0.236 Fibonacci extension. If you didn't catch the bottom buy already, be on the look out for those potential buy opportunities. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
U
by TradingShot
3
DOW JONES Buy opportunity on the 1D MA200 and 0.618 FibPattern: Channel Up on 1D. Signal: Buy as the price reached both the 0.618 Fibonacci retracement level as well as the 1D MA200 (orange trend-line). The last parameter to fulfil is the RSI Support, so allow margin for one last low at the bottom of the Channel Up. Target: 36500 (Resistance and All Time High) and 37000 in extension (Higher High of the Channel Up). -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
ULong
by TradingShot
1
DOW JONES approaching the 1D MA50Following the new top on the Higher Highs trend-line of the multi-month Channel Up, the index got rejected and has been pulling back since. It is approaching the 1D MA50 (blue trend-line) which serves as a technical medium-term Support. If it holds then I expect a strong rally towards the 0.236 Fibonacci extension setting a personal target at 37000. See how the 1D RSI is also near its multi-month Symmetrical Support. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
ULong
by TradingShot
2
DOW JONES entering a transition Channel as in late 2020.This is not the first time I bring forward the ideal of Dow Jones following this 2020 fractal: As you see from my October 01 idea above, this fractal comparison accurately projected the bottom of the Channel Up (blue) and the subsequent rally that followed. This time I am expanding this idea on the Fibonacci scale, as DJI broke above the Channel Up and hit the 1.382 Fibonacci extension from the bottom. On November 09 2020, the price also broke above its Channel Up (blue), hit the 1.382 Fib extension and then entered a new (green) Channel Up, which I call transitional as it took the index from the first Channel Up (blue) towards the higher extension levels of the Fibonacci Channel in early 2021. During that time the RSI (always on the 1D time-frame) turned sideways, indicating this Transition phase more clearly. I am expecting a similar process until the end of the year, meaning a pull-back towards the 1D MA50 (blue trend-line) is possible but as long as it supports, we are more likely to see prices above 37000 at the end of the year. -------------------------------------------------------------------------------------------------------- Please like, subscribe and share your ideas and charts with the community! --------------------------------------------------------------------------------------------------------
U
by TradingShot
4