Us30sell
US30 Bearish on 4H using Elliot WavesUsing the Elliot Waves 12345 and ABC we see that price should go to point C as a big correction, and it has already broke the small support created in the last 3 days mentionned by a blue line at 25767.0 which is a good confirmation for the sell setup.
Green lines are partial TPs.
US30 - SHORT SELLI see support has been tested several times and expect it to break at some point today, once broken we can see from current support to the green area
US30 - DROP INBOUNDAs we can see from the chart previously once price broke the highlighted level it dumped but retraced very quickly. I anticipate once support is broken we are going to see an even bigger drop.
I have a few sell stops in just in case to catch the fall
Guys? Please tell me that this could be double top?I been researching for hours and hours on google trying to figur out when it is right time to make a trade because on google it tells me many things about double top that can be trap move??? I am scared that if i do it wrong i will mess up my trades?? I know google tells me that when price bounce off the support level, it is a sell. BUT i also saw that it broke the support and reversed to induce buyers to take a trade only for it to reverse against them?? Is this true?? Please educate me because babypips and google arent very informative against big players in this game.
US30 predicted 2020-2021 timelineUS30 predicted 2020-2021 timeline. Please leave a follow and like if you find it useful and I will keep posting for you guys!
Short indicesI think the worst has yet to come to the markets, as we are discovering the real impact COVID-19 has on the economy. Right now US30 and other indices appear very inflated.
After testing some highs, I am looking to short US30 trailing stopping it to previous March lows.
• US-China trade war tensions still lingering
• Lower daily highs
• Sluggish easing of COVID-19 regulations
• Rising gold prices
• Dismal US economic data released this past week
• Huge losses in earnings of major companies
• Less consumer spending
• More money printing
• Possible second wave of COVID-19
• RSI divergence on the daily chart
• Possible W pattern formation
What are your thoughts and comments?
Happy trading!
SELL US30 - BROKE UP CHANNELIf you wanna more follow me, and give a like.
I'd love to hear your opinion. Give me a comment.
The price broke the support
from the up channel.
After I waited for confirmation
from 23287, which was a support
and now it has become resistance.
SPX500 SELL!!SPX500 is in a DOWNTREND therefore i'm going in for a sell, however, if you are looking for a good entry, look for a pullback in either 15 minutes timeframe or the 5 minutes timeframe. You can sell NAS100 and US30 as well because they move the same.
Taking another viewSo last week I did a very short evaluation of DJI. I have done another evaluation this morning and taken my time and I still believe we will see that final push towards to 25'. The analysis is fairly straight forward. We have our fib, trendlines and ema. I have left the plotted zones out just to keep the chart looking tidy.
The fib is looking to complete itself on the extensions which line up with 25'. I will attempting to be shorting all the way down to 15000.
US30 ANALYSIS.. DUMP INCOMING.. In my previous analysis, I mentioned that a strong sales wave could come to the markets again, in this context, I expect a structure as I mentioned in the chart.. Markets will be very interesting after 6 months, we will wait and see..
Tighter than my pocket when I take my girlfriend out for tea.DOW is looking tasty...I have had shorts set from two weeks ago for the 25000 area. Trumps tweets are helping with this little run upwards. It could go to 27000 but I don't think it will. I will hold shorts all the way down to 15000 where I have longs set!. The analysis on this very fairly simple to follow.
Good s/r zones, rising wedge, poor economy and weak dollar are my confluences.
US30 - ShortClear H&S pattern has formed. Bad news coming from the US at the moment in regards to the pandemic with highest number of deaths in 24hrs. Anticipate a sell on break/retest of the neckline. Drop back to support around 21,000???
US30 (Dow) - target 18282 - expect volatilityUS30 (Dow) - Target 18282 - Expect pull backs and volatility! - Use stops and trail stops to lock profits or break even - there will be many opportunities to re-enter a trade - The big boys will try to buy the markets up(they have a lot to lose). The bottom line is they can't create value were there is no value. Companies with no revenue cannot maintain value or project value. Many companies will not come back without a bailout. So long term this will be a bear market even with the retracements(bounce backs). The only thing that can really change things is a complete halt to all bill payments on things such as real estate, cars and credit lines for individual and companies. In order to maintain order and lawfulness and to augment payroll shortages by companies and states, there will have to be substantial cash grants to all citizens in the next 2-4 weeks. Otherwise, the only solution is a Cure!
Plan?: as Before, Sell drops below 50 EMA. Stops if price crosses above your entry candle or the 50 EMA.
If we go hyperbolic, then same plan using the 20 EMA.
Share your analysis!
US30 (DOW) - Looking to Sell drop below 50EMA or touch of 0 fib US30 (DOW) - Looking to Sell Drop below 50 EMA or touch of 0 Fib line? Using stop loss and trailing stops. Target 18282.
Market Hyenas - Everybody Eats!!!
US30 (Dow) - Can 21500 hold or will we sink to 18282?US30 (DOW) - if price cannot recover, the next target is 18282 (I don't want to believe it either, but the charts don't lie.) . Expect volatility and retracements. Use lower timeframes for tighter entry. Also have protective stops in place cause, in this market, anything can happen. This kind of drop is historic. We haven't seen a weekly bear candle like this since the 2008 crash maybe. Fortunes will be made in the fall and the recovery! Now is the time to take Action. At this point, we can expect the government to step in and try to save the market by buying in or lowering interest rates. But we don't need all that. We can just look at the charts and see what happens. Market Structure, you can't make this up.
US30 (DOW) Expect dip down to 21500 then bounce then must hold..US30 (DOW) Expect dip down to 21500 then bounce then must hold there or we will see drop to 18282?
US30 more downside possible?US30 DOW - more downside possible? Is the EVENT over? Will previous support hold? Or are we headed to 21500?
