we have a very good short signal for dow and jones index, for long and short terms both are down, don't ever buy it, all positions supposed to be short not long
Dow jones industrial average 15 min chart analysis shows a simple chart pattern.
We're All Doomed, We're all going back to being campesiños! However at the moment only have confirmation on RSI's Bearish Divergence!
After a huge Sell-Off regarding the rumors about a 75 basis points rate hike. I expect a relief rally towards the 50 EMA.
Very simple ... Very clear We are facing a downward trend and the price move to the upper ranges is just a correction. There is a resistance zone in the range of 32,600. It is possible that when the price reaches this range, a downward trend will begin. The main target in this downtrend could be in the range of 29300. This is my personal opinion. Please do not...
Today i think the Contrarian Investing is a good idea: "Buy When There's Blood in the Streets". DJI is up only 9.70% from the pre-pandemic level. Next resistance is 35000. Looking forward to read your opinion about it.
I think its a good time to stack a long on the Dow Jones Industrial Average here. Oil and Commodities look toppy and im expecting profits to roll out into equities any time soon! Maybe even this week! Im long
We would need to wait until retracement completes. Wave 3 should completes soon. And the retracement will take over. There was a complex Wave 2, So according to Rules of Alternation, Wave 4 should be Simple. A Spike retracement may happen. Good luck
Hello traders, DJI in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe. This index has almost the same form and structure due to the convergence with the spx index in the count. In this structure, the main 1 and 2 waves are formed and the 3 main waves have completed their 1, 2, 3 and 4...
DJI have important support at 36000 According to the chart we should bounce from 36000 and retest previous all time high. On the flip side closing below will accelerate selling pressure and we can see 34900 level near future. Consolidation near 36000 will decide further move.
Hello traders, DJI in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe. In this index, only the main 1 and 2 waves are formed and from the 3rd wave, the 1, 2, 3 and 4 microwaves have ended and are now inside the 5th wave. Wave 4 of wave 3 consists of three waves, two of which are...
as we can the there is a bearish divergence between Price and MACD, which is the sign of trend reversal and we can predict the 61.8% of Fibonacci retracement as one of our TPs so soon we shall face an other recession how big this time. we shall see. if 61.8% Fibonacci retracement stands then we may go for a bullish rally and if not and braked down then a huge...
Hello traders, DJI in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe. In the wave count that has been done. The main waves 1 and 2 are complete. As we said in the previous analysis, it is possible that the main wave 3 is not over and we are in the wave 4 of the 3rd wave. From wave 3,...
DJI pullback from a recent high. Some speculation on covid woes.
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...
Hello traders, FTSE 100 (UKX) in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe. According to the count made in this index, waves 1, 2 and 3 are formed and are now at the beginning of wave 4. Depending on the shape of wave 2, wave 4 will probably move deep, at least to 0.5 fibo, and...