US30 Index can go Bullish if, H1/H4 closing happens above 35000, it can move bullish upto 35150 level. or it can go Bearish if, H1/H4 closing happens below 34880, it can move bearish upto 34730 level #️⃣ Trend expectations from 8:00AM to 12:30PM USA Time EST. #️⃣ Trade with 1-2% risk only.
Are we in a bull market correction? Or is this it & the big Crash is finally here? Have the chickens finally come home to roost? What my video and comment below let me know what you think.
Decision time soon, are we in a 1,2 1,2 EW wave pattern that is bullish leading to 5,130-5,200 wave 3 target? Or do we loose critical support now and start the bear market, nuke to 3,200. I discuss in my analysis why I'm leaning towards option 1 where we hit W3 soon to 5130. Whats your opinion? Comment below.. Thanks and BigMike loves you.
US30 has pulled back from ATHs, and has landed on a 12H bullish order block. I am looking for the transition from bearish to bullish momentum, and I believe I see it forming.... the inverted quasi. All I need is a right shoulder, and this could be a lovely swing to the upside.
Went as forecasted. Check out the previous video for the analysis and setup. Would love to hear from those that benefited from the analysis. Smash the like button, if your would.
Hope you guys enjoy the video, be sure to leave a like, comment, and follow for future posts! The Dow Jones was down about 600 points today as President Trump continued his sparring session with China, and increased tariffs yet again. We can see a dangerous M forming on our 1 day time frame and I indicated crucial support levels with the fibonacci as well...
I review some of the potential moves on DJI and probabilities (not predictions) ahead. Importantly price has violently punched down through a daily investor zone. The weekly and daily time frames create probabilities for the south on lower time frames. This is both an opportunity and risk. Have a look and get ready. Disclaimer : As usual if you lose your own...
So as we can see at the fundamental analysis we see rate cuts and the trade war on the table. I think that we can assist to a down move on the MN, W1 and D1 chart, but at the same time don't forget about the uptrend. Enjoy it and have fun!
Big indecission in the markets leads to the situation being careful with trend following approaches. The system of choice to get some points currently is a range strategy monitoring price action at the edges of support and resistance. Is there a shift in demand and supply recognizable a trade away from support to resistance and vice versa could come up.
2 gaps ready to be filled. Likely tomorrow before the next run up to fill the single gap overhead.
Gaps are being filled. The election will be the decision maker.
Just quick thoughts. Probably wont publish until opening bell though.
Dji starts at 9:15. Trading view forces the last viewed chart to take precedent for the category.