stochastic and AC go to sell on dow why sell? on CASH PHISICAL DOW NYSE we have big ,powerful open gap in down
in other side see AC and stoch on 4hour chart , for coming monday to wednesday dow must see min fibo extention (projection) 61% (predict= wide zigzag days will comes)
alert= if dow break red trendline can crash
advice =looking for buy on above green arrow specialy 33600 is powwrful place for buy and hold
for fair analyse ,i dont have any open order on dow (i am dax trader from 2006, on real money i only trade dax ,however i monitor dow from frist days )
good luck , dont forget use lowest size and put sl on low/high (or 80 point)
Ym
M shape , dow want wide zigzag like dax in daily chart you can see FLAG patern are creating !!! so we predict wide zigzag for comming week with light + trend
reen arrow=buylimit place with SL=80 trailstop=80
secret = in europe morning, you must watch dax too , dow sp500 move with dax
dax future=FDAX1!
dax realtime=GER30
ALERT=on daily chart we see dow can crash to 32000 , be careful
Dow. strong movement last week, wrong side of recent trendline.Dow has been strong recently, and is now on the selling end of the trendline it created during that move. It has bullishly reacted off the recent .5 fib retrace, and it has bearishly given a long wick into a resistance area.
I can't tell if this is a wild prediction or not to be fair. I think I may be getting too specific.
Elliott Wave View: Pullback in Dow Futures (YM) to Find SupportShort term Elliott Wave View in Dow Futures (YM) suggest cycle from March 2020 low remains intact in a 5 waves impulse Elliott Wave structure. The 45 minutes chart below shows wave ((4)) of this impulse ended at 32891. The Index has turned higher in wave ((5)) with the internal unfolding as another impulse in lesser degree. It still needs to break above previous wave ((3)) peak at 35000 on May 10 peak to rule out a deeper correction. Up from wave ((4)) low, wave (i)) ended at 33380 and pullback in wave (ii) ended at 33289.
Index resumes higher in wave (iii) towards 33863 and dips in wave (iv) ended at 33627. Final leg higher wave (v) ended at 33962 which also completed wave ((i)). Pullback in wave ((ii)) ended at 33752. Index then resumes rally higher in wave ((iii)) towards 34240, and pullback in wave ((iv)) ended at 34133. Final push higher in wave ((v)) ended at 34411 which completes wave 1 in higher degree. The index is now correcting cycle from June 21 low in wave 2 before the rally resumes. As far as pivot at 32891 low stays intact, dips should find support in 3, 7, or 11 swing for more upside.
we predict down currection if ...daily chart clearly show sell , we have 2 trend line in down , technical say if dowjones can break them ,down trend will start ,can go to 28500 (big gap on cash phisical dowjones)
www.tradingview.com
red arrow=powerfull sellimit place with sl and trailstop= 80
green arrow=buylimit place with sl and trailstop=80
if big trend (daily chart trend line start from corona crash) near 33900 break , you can sell
us exclent GDP will shoot dow to 353006.4 GDP for US after corona is real miracle , this mean in next months we will see 8.5 even 9 too
prnt.sc
source=forex factory
fibo extention show dow target is 35300 ok? (next can reach 37000 soon),we strongly advice stand on buyside, looking for buy ,dont pick sell signals in next 10 day
www.marketwatch.com
now dow have powerful sell sl=100point trail stop=100point tp= min 34000
green arrow=buylimit place with sl=100
orange fibo in left = trend base FIBO EXTENTION (projection)
for load it on metatrader right click or up,drawing tools, then load FIBO expantion (this tools good on zigzag market like dow and dax not good for trendy markets like gold)
draw it on last N shape in 30min chart(for day trader) for longterm trader draw it on 4hour chart
on your real ,if you pick profit from this signal , please send 5% of profit , CHEAR (coin) above my profile
www.tradingview.com
GOOD LUCK
we more exactly recalculate=100% dow will crash in coming days after bad NFP news and big unemployment 6.1% seller pressure ,affect of negative news will be big
100% dow will see 34000 (100% put buylimit with sl=100)
90% dow will touch 33100 (100% put buylimit with sl=200)
keep monitor AC accelator occilator (if your platform dont have it ,search it in google or use stoch 7.4.4) on 240-30min chart is very very important, when AC 4hour is red,looking for sell
technical big trends + fibo 161% show 33100 ,save this number in your mind,you will see it soon (golden place for buy and hold 20-30 day)
advice = dont pick buy above 34000 , if you have buy close it now ,looking for sell ,bet you dow little can go up BIG CURRECTION comming in next days will clean all green candel in 30-60 min
we bet ,time to sell dow and wait 8 day NFP unemployment 6.1% news comes very very bad , in comming week it will push down market,dow,dax,sp500
if you draw trend base FIBO extention(projection) on last N shape,you will see it reach level 161%(most important level on fibo extention)
we advice for next 10 day =looking for sell but put SL=100point,if you eat 2-3 SL dont fear ,continiue looking for sell ,after go 100 point to profit,move sl to open price,shot down platform ,then 4-5 day go and rest ,give time to it go down)
www.marketwatch.com
Stocks Spread OutNQ just completed a head and shoulders. That can mean anything, but it sure makes things interesting.
RTY has clearly taken the lead in relative strength since the markets bottomed in march.
More money is going to a larger group of stocks in RTY, and it looks like the tech bubble is paying for it.
Tech bubble:
Elliott Wave View: Dow Futures (YM) Should Continue to Print AllDow Futures (YM_F) continues to make a new all-time high and the Index should see further upside. Short term Elliott Wave suggests the rally from February 1 low is unfolding as a 5 waves impulse. Up from February 1 low, wave 1 ended at 31662 and pullback in wave 2 ended at 31100. The internal subdivision in wave 2 unfolded as a double three Elliott Wave structure. Down from wave 1 at 31662, wave ((w)) ended at 31228 as a zigzag. Index then pullback in wave ((x)) which ended at 31615, then it resumed lower to end wave ((y)) at 31100 with internal as a zigzag. This move lower completed wave 2 in higher degree.
Index has resumed higher and broken above wave 1 high, suggesting the next leg higher has started. Rally from wave 2 low also looks impulsive and incomplete. Expect a few more highs to end the 5 waves up from wave 2 low and end wave ((i)) of 3. Index should then pullback in wave ((ii)) of 3 to correct cycle from February 23 low before the rally resumes again. As far as wave 2 pivot low at 31100 stays intact, expect dips to find support in 3, 7, or 11 swing for further upside.