MAJOR TOP I am now 90% short every indexThe chart posted is the Dow jones index I a now moving to a 90 % long in the money PUTS on what is rather clear wave 5 on GOOD NEWS on or by nov 15th to the 19th I am looking for an EVENT best of trades THE WAVETIMER by wavetimer336
DIA will go up after the election .... regardless of who wins.Like the title suggests, the DIA will go up after the election, regardless of who wins. I do NOT trade based on events, I trade on what I see in the charts. I just started to use the Heikin Ashi candlesticks on my charts as I find they can show a definite trend direction just with the candlesticks themselves. Typically, you are supposed to wait until there are 2 green Heikin Ashi candlesticks before entering the market. (I am still learning about the Heikin Ashi Candlesticks.) If you look at the indicators on the daily chart, specifically the DMI, Stochastic RSI, and the MacD, you can see that they are starting to shift to indicate a bullish move. Typically, I used the half hour, the hourly and the four-hour chart indicators to confirm that this is indeed a bullish move. As long as all of those indicators align to confirm a trend, then I am in. I find the 5 minute indicators show what will happen in the next half hour, the 10 minute indicators show what will happen in the next hour, the half hour indicators show what will happen in the daily charts and the hour indicators will show what will happen over the next few days. (My opinion, not fact) Typically, the moves in the DIA in the previous months have been about 25 pts to 30 pts which will give a target of about 442. Coincidentally, this is a fibonacci number of 1.618. I use the fibonacci numbers as a loose target or an approximation of a target.The DIA should hit this target around November 25th, just before US Thanksgiving. The move in the previous months lasted approximately 14 days. It may move up slightly after Thanksgiving as the move has typically extended to 30 points. I trade simple ... if I can't see the trade in a few simple steps, then this is not the trade for me. Also, I explain my trades in more detail for me, not for you. Repetition is the key for me. If I repeat it over enough in my head, it will more likely stick. Happy Trading everyone!!! :-)Longby PrincessgirlUpdated 4
DIA is going up in October ...I suspect the DIA will start to go up in October. The 4 hour, 5 hour and 6 hour indicators have already indicated a move up. So the 7 hour and daily indicators will follow shortly. If you look at the 7 hour Directional Movement Indicator, you can see that the +DI is just turning and it is looking like a move up. I just started to use the Heikin-Ashi candlesticks as I find they show more of a definite direction on the chart itself. But I am still learning about this. :-) But you can see on the chart how you can see a definite direction on the chart itself. The Heikin-Ashi candlesticks are fascinating. I am trying to learn more about them. I use the MacD, DMI and the Stochastic RSI as my indicators, currently. I am using the fibonacci tool to give me a general idea for a target. But I am not using it correctly. The DIA has typically been moving between 25 - 30 points per move up so I am anticipating a move to 438. I anticipate it will move up until Oct. 20th - 22nd, then trade sideways before the election. After the election, regardless of who wins we will see the market go up. We are also in the 5th wave of the Elliot wave, so it's not surprising we will move up. I realize this is similar to my post about the SPY but I just thought I would try the DIA. I may expand my horizons looking at a different symbol! Happy Trading Everyone!Longby PrincessgirlUpdated 1
Market Status: I will be stepping aside from the Markets because my "dot" indicator (RSI2) is now RED and we are under the 50sma line. Once my 'dot' indicator go back to yellow, then I will consider looking for new setup. On the RSI5, we are also in overbought zone. Which is good because once we start rebounding we can also to go long. Got to be patient for now. :- )by StockHunter880
$DIA Analysis, Key Levels & Targets for 10.24.24OK, so the bottom of the implied move for the week and the top of the implied move for the day overlap with a bear gap. That is a very interesting signal and something that I have never seen before. So, getting back into the implied move for the week could be a challenge, which is above 427. Without being sad, the implied move for today is between 420 and 430. To the upside, we have the 30-minute average, and right above that, the 35 EMA. Those two levels need to be watched carefully because they will determine direction. If that 35 EMA (the red line) crosses underneath the 30-minute moving average, then we are bearish after a pretty good run. But, we can, of course, bounce here. When I say bounce, I am talking about the 35 EMA, but where futures stand right now, a crossover underneath is more likely at this point. And at the very top of the implied move today, right there at the bottom of the implied move for the week, is that bear gap that we made yesterday. We bear-gapped and dropped away from the 35 EMA; that is 430 on the high side, 427 on the low side. And then underneath us is that one-hour moving average, which did catch us almost to the penny yesterday. Below that, 420 is the bottom of the implied move if we do break that one-hour moving average with conviction. It does look like we lost our 427 support that we made after PPI earlier in the month. Let me know what you guys think and GL. by SPYder_QQQueen_Trading1
$DIA - PPI GAP CLOSED - interesting signals in DIADIA also gapped underneath the bottom of the implied move for the week, which was 427, and dropped from there. We saw 427 as support the day before, then we popped up to the 35 EMA, and then gapped down underneath the bottom of the implied move. That is a very interesting signal; we saw 427 as resistance, and then dropped underneath the 30-minute moving average, filling the bull gap from earlier in the month after PPI.by SPYder_QQQueen_Trading1
$DIA Analysis, Key Levels & Targets for 10.23.24The implied move for DIA tomorrow is between 424 and 434, while the implied move for the week remains between 427 and 438. Anything below 427 is considered very oversold for the week. To the upside, the 35 EMA is right at where we closed today, and it’s the first level we need to pay attention to. If we get above that, the next resistance level is around 431, where a pivot resistance-turned-support lies. If we break through that, the next target will be the all-time highs at 433.20, with 434 as the top of the implied move for tomorrow. On the downside, 427 is the bottom of the implied move for the week. We bounced off that level today, and it’s been a key support level on October 16, 15, and even had some action on October 14. So, 427 is our current support. Underneath that, we have the 30-minute 200 moving average. If we break below the 30-minute moving average, there’s still some of the trading range left below us. We also have the gap from PPI data back on October 11, with the bottom of that gap aligning with the implied move bottom at 424. Below that, we have the one-hour 200 moving average, providing additional support at the very bottom of tomorrow’s trading range.by SPYder_QQQueen_Trading1
$DIA Analysis, Key Levels & Targets for 10.17.24 Ok so we are just under ATH’s here. The implied move for tomorrow is between 427 and 435. That’s about all I’ve got in me for this analysis tonight… LOL. If you’ve been watching the vides lately then you probably don’t even need an explanation. GL tomorrow, y’all by SPYder_QQQueen_Trading1
$DIA Review of 10.16.24 price actionAMEX:DIA Review of 10.16.24 price action Strong move today in DIA back up to just underneath all time highs. Stayed within the implied move. Careful - the closed bear gap could be resistance. by SPYder_QQQueen_Trading1
$DIA Tomorrow’s Implied Move for PPI Alright, y’all. So we consolidated back to the 35EMA and we still have a bullish setup here. We either bounce on it tomorrow and make new all time highs, or we drop to the 30min 200MA We do have support on top of the Bull gap that we made after rates were cut. So the top of the rate cut gap is at 418. — Storm update: I’m so good, but I don’t have power so I can’t make videos until that’s fixed. Until then I’ll be posting charts here when I can. 🙌🏼 by SPYder_QQQueen_Trading2
$DIA Tomorrow’s Implied Move for CPIAMEX:DIA Tomorrow’s Implied Move for CPI Ok. So I don’t have power so I don’t have much time to write anything too long here but this is the implied move is between 420 and 430 and we have the 30min 200 and 35EMA support for tomorrow at least. ATH’s just above us so if CPI is bad then we could get smacked here to retest that 30min 200 level and if not then 430 is the target for the week so that’s the target to the upside. We are bullish technically going into tomorrow but we all know how CPI and PPI days can be… GL, y’all. by SPYder_QQQueen_Trading1
$DIA Analysis, Key Levels & Targets Review of Oct. 8th Alright, I’ve got to hurry now because I did lose power so I have limited time to get these charts up… but DIA took it all the way to the top of the implied move and is just under ATH’s heading into CPI. 35EMA found support on the 30min 200MA like we talked about yesterday - and came back up so we did not get that bearish confirmation. And really if you even look at yesterdays close we already had the bullish cross up in Stupid Willy. So DIA, the biggest winner today. by SPYder_QQQueen_Trading112
$DIA Tomorrow’s Trading range Oct 1st 2024AMEX:DIA Tomorrow’s Trading range Oct 1st 2024 Alright, y’all… support is at 418, we’re at a pivot level right now at 423 and resistance is at 426, the 35EMA is underneath us and we have an implied move for the week was 1.64% Awwww yeah… Gl y’allby SPYder_QQQueen_Trading2
$DIA Analysis, Key Levels & Targets for Day TradersNo video again tonight but here is the trading range. DIA broke the 35EMA support and dropped down to the top of the FOMC gap. It didn’t fill it, like IWM did, but those two gaps are on deck, especially with JPOW speaking today and we have GDP as well. We broke the 35EMA, but we are still above the 30min 200 which makes us neutral, but also makes the 30min 200 an attractive target to the downside. GL, y’all… I’ll keep you up to date on the wifi situation and hopefully videos will resume soon. by SPYder_QQQueen_Trading1
$DIA Analysis, Key Levels & Targets for Day Traders for Sept. 25AMEX:DIA Analysis, Key Levels & Targets for Day Traders Ok, so I can’t make a video tonight :( My Wifi is down in my neighborhood because they are putting new lines in, and to make matters worse there’s a hurricane coming this way so it won’t likely be fixed until it passes so I can only do as much work as my hotspot will allow But with that being said, this is the Trading Range for tomorrow and keep an eye on the 30min 35EMA - so far this week it has been holding us up, post FOMC. And then ATH’s was resistance today so keep an eye on those two levels to see which way we break. The op of the implied move for the week is at 426 so if we get near that it would be a good place to sell some calls, or call spreads. GL, y’all… I’ll keep you up to date on the wifi situationby SPYder_QQQueen_Trading1
DIA bear put spreadMY GAMBLE, Fed is NOT cutting rates next week. (No chance) 0 This would be seen as Election/political interference. The markets have been going up nicely the last week and I want to play some bear positions. There is no weakness in employment And inflation is present and not at 2% target. IF THEY cut rates, they will have to 'make up a reason'. Shortby davidcc2223
DIA $392 PT Sep '24 (Repost)Reposting my DIA $392 target price for September (my previous chart was too messy). It's been in a very consistent channel all of 2024. This means SPY should continue lower towards the $500 level through this week. We will need to see DIA hold the $392 level and SPY to stay above $500, which I think is very likely the case as we go into rate cuts 9/18. The rate cut on 9/18 will very likely add much needed boost to equities to go back to highs before a full on market crash. Shortby ARX7131
$DIA Trading Range for 9.4.24Critical level here at the 30 minute two under moving average. It does look like we have the possibility to close within the implied move on the week which is at 410 but there is not a lot of strength here especially as we start the trading day. That 30 minute 200 removing average as resistance could possibly be the play here since that 35 EMA did cross underneath it yesterday GL, y’all. I’m so ready for the weekend 🤭by SPYder_QQQueen_Trading2
DIA Support breakdown . US Stock406 below short 405/400 /398 can test easily support below dia very weakShortby Equity_Research_Analyst-021
DIA - Sometimes It's Just Bad LuckBeen on vacation at a friend's cabin in Maggie Valley riding our asses off. Yes sore ass, back needs an adjustment but it surely has been worth it. Just some great riding up here and the weather could not be more perfect. But not everything is smooth roads and beautiful scenery. Yes our trade was tapped out last Friday right before the close, with a high of 416.55 and our stop at 416.50. So $650 loss for the trade is now realized. Setting stops is as much of a technique as finding the setups. Thought 416 was the level and 416.50 would give us some room, but the market tapped us out anyways. It happens. So now I am waiting for the next setup. If you did not have a stop and are still short, it appears the market is moving your direction so just hold for the Targets. Anyways getting ready for the ride back to Florida and I will update on Sunday or early Monday BTC and the general market. Have a blessed Weekend!!!!Shortby goldbug1116
DIA $391 PT - Triple TopThe Dow hitting a major triple topping on the 4hr time frame. Expecting to see a quick spike up then make a downtrend towards $391 ahead of FOMC 9/18 meeting for a rate cut boost. Though we will know in next couple weeks if we actually start the downtrend. Possible it all just comes down starting in October after a couple weeks of post rate cut rallying.Shortby ARX713220
DIA - Trade IdeaSell Stop 412.00 Stop Loss 416.50 T1: 405 T2: 400 I am also looking at selling calls today, and will post at time of trade. Please note to wait 30-45 min after the cash open to enter the trade!Shortby goldbug1119
$DIA closed within the implied move for the weekThis is more just for a record for me. The implied move from the options reading last weekend we managed to stay within. by SPYder_QQQueen_Trading1