Dow jones industrial average 15 min chart analysis shows a simple chart pattern.
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.
The Title Chart is the DJIA/Nikkei225 - the best of them all. Here are the rest; This one is not very representative since it reflects the weakness in the Pound. Still, it is a country-mile better deal than holding the Dow (Long). Well, you get the idea as the rest of the worldwide indexes reflect the same story, across the board. (With the Asian Indexes...
COMPARING MY YESTERDAY STATEMENTS WITH REAL MOVE. 1.In point no.2 I shared that market is trading in no trade zone can not decide any side position. You can see it spend all day in small range not giving chance to earn both sides. That is why I said no trading area. 2. Now I have been saying since last Friday that short is my biased for market but market is not...
COMPARING MY SATEMENTS FOR LAST TWO POSTS WITH THE ACTUAL MOVE IN DJI 1. In yesterday post point no 2. I clearly mentioned that if dow opens gap down . As it opened slightly gap down, one should wait for price breching red dotted zone to short . In monday post I clearly mentioned that swing high Z is the stop loss for shorts positional trade. That high is...
TRADE PLAN FOR 18/5/20( MONDAY) 1. The chart I am showing is the daily chart of DJI . Here currently dow is in local distribution phase , where last leg of upwards move is going on. In fact intermediate corrective structure last leg. 2. This is irregular corrective pattern whose last leg is expected to go in red dotted upper micro zone . This the point where...
The outlined white arrow pathway is the predicted pathway that the DJI H4 will follow in the coming days or weeks. Using my unique charting methods, I have been able to arrive at HIGH PROBABILITY turning points where DJI H4 will turn. PLEASE NOTE THE ABOVE ANALYSIS IS FOR EDUCATIONAL PURPOSES ONLY. THEY ARE NOT DIRECT INSTRUCTIONS TO TRADE AND ANY LOSS...
THE DOW JONES INDUSTRIAL AVERAGE INDEX DJI OUTLOOK MONTHLY CHART
Hello everyone who is watching my charts. Here is the update to the end of today's DJI trading day The situation remains unchanged. What should we pay attention to on Monday? We now have 2 long trend lines the one in the steep Long channel I have marked blue. But I'm afraid this steep uptrend will not last long. But below that we have an interesting 2nd...
DJ:DJI CBOE:VIX DJI is in a clear downtrend. The market formed a double top, broke the neckline of current formation, and completed its first bounce. After the bounce, which I suspect is almost over, the market will continue its' downtrend.
DJI (DOW JONES) should be retracing to Fibonacci retracement level of 0.618 as per the blue arrow. Also Stoch RSI is going is also on the up See previous analysis PLEASE LIKE, COMMENTS AND FOLLOW FOR MORE
There is a negative divergence for the RSI; also it seems to form a head and shoulders pattern. There is quite a probability that monthly candle might form an engulfing bear, if you see that, it is a good sign of entrance to bear market.
Dow Melt Up ? How much inflation can they stuff into stocks before investors & traders wake up to the fact that PE ratios are in bubble territory !
The 4 charts seen in this post are all from different time periods, all the same pattern, and all have the same result (except present day). Ladies and Gents 3.01% - I present the Orthodox Broadening Top (Parabolic Edition). This is a simple pattern - high, low, higher high, lower low, higher high, crash. The 1st chart (top left) is the Dow leading up to the...
DJI playing out classic boom/bust cycle. Targets listed in green.
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... Best regards :) Aaron