DJI pullback from a recent high. Some speculation on covid woes.
The DOW, like the other indices, has seen a rally for the last 3 days, leading into the Christmas holiday. A Santa Claus Rally, if you will. Price has reached back into HTF supply, and may have a short term bearish reaction. Overall, I am looking for the recent highs to get raided for liquidity.
We have the same EW variations than in SPX. Have we completed a running (truncated) triangle W4? Please like and share if you appreciate this market update. We are algorithmic traders and certified Elliotticians. We publish Elliott Wave counts for indices, stocks, cryptos, commodities, VIX, DXY, in weekly, daily and 4-hour timeframes. Our counts are not drawn...
It is currently not really easy for the Dow Jones. The bears are bothering the course. However, we expect the course to rise again and surge past the resistance at 36446 points. If the course falls below 33928 points, we will see another round of corrections. Got all your gifts already?
From the beginning of 2021, Dow Index has risen around 20% from the bottom to the top, which is phenomenal. However, looking closely at price development, since 10 May (yellow line) the rise counts only 5%, and since mid-August's top( green line), ONLY 3%. This for me is a clear indication that the bulls are very tired and in need of a correction. After the recent...
This is still in wave 5 which is still running as per my opinion not a trading or financial advice do your own ta thanks.
Dow just broke the triangle to the upside and is coming back to retest the last support which suggest huge volume coming in at this level that's why the triangle broke to the upside means it's going more up after the retest. Not a trading advice do your own ta thanks. Tp is huge. Best to keep it for long term because gold has also topped and I'm expecting a deep...
Hello everyone, as we all know the market action discounts everything :) _________________________________Make sure to Like and Follow if you like the idea_________________________________ U.S. stock markets opened lower on Wednesday after data showing the U.S. inflation rate hit its highest in over 30 years, something sure to put fresh pressure on the Federal...
The Dow Jones is extending its gains and solidifies its position north of the mark at 35777 points. The index should not cross this line - for now. In total, we expect the course to further increase and reach areas above 36958 points. After that, we expect a fall towards 35822 points. Happy trading!
Hello everyone, as we all know the market action discounts everything :) _________________________________Make sure to Like and Follow if you like the idea_________________________________ U.S. stocks were higher after the close on Tuesday, as gains in the Basic Materials, Technology, and Healthcare sectors led shares higher. The Dow Jones Industrial Average...
Markets are strong and the outlook currently is very bullish. So anyone who thinks that markts will drop significantly in the mid to long term would be laughed at right? But i just cant help but notice that markets are way too high at the moment. everything seems pretty over valued - although market analysts will say the valuations are just about at the right...
Not saying this is the end of the world but definitely something to consider... Please like and share if you appreciate this market update. We are algorithmic traders and certified Elliotticians. We publish Elliott Wave counts for indices, stocks, cryptos, commodities, VIX, DXY, in weekly, daily and 4-hour timeframes. We also answer all your questions regarding...
Please like and share if you appreciate this market update. We are algorithmic traders and certified Elliotticians. We publish Elliott Wave counts for indices, stocks, cryptos, commodities, VIX, DXY, in weekly, daily and 4-hour timeframes. We also answer all your questions regarding the Elliott Wave Principle! Cryptos are updated every day of the week and on...
Please like and share if you appreciate this market update. We are algorithmic traders and certified Elliotticians. We publish Elliott Wave counts for indices, stocks, cryptos, commodities, VIX, DXY, in weekly, daily and 4-hour timeframes. We also answer all your questions regarding the Elliott Wave Principle! Cryptos are updated every day of the week and on...
Please like and share if you appreciate this market update. We are algorithmic traders and certified Elliotticians. We publish Elliott Wave counts for indices, stocks, cryptos, commodities, VIX, DXY, in weekly, daily and 4-hour timeframes. We also answer all your questions regarding the Elliott Wave Principle! Cryptos are updated every day of the week and on...
3 possible Take profits for DJ:DJI We are still in a bullish trend in the indexes like CURRENCYCOM:US30 SL under 33000 Fibonacchi Extensions: TP1: 35600 TP2: 37000 TP3: ~40000
Dow Jones Industrial creates a double bottom and forms a long-term price channel in H4. The Index also completed a five-wave pullback sequence to the downside and could head back up if it holds above 33920
Who is a good boy? The Dow Jones is! Here, the top was perfectly hit and the following correction also evolves as planned – so far. We expect the course to drop below 34034 points and then attack new all-time highs. Let’s gooooo!