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...
DOW JONES 1D-TIMEFRAME ANALYSIS
Good evening ladies and gentlemen
This is my new idea for DOW
DOW price will test 25800 daily support
My idea shows the possibility of breaking this support
But be relaxed
Real support is between 24500 and 24800 It would be good to test it
From there we will start the bull market
I hope my idea is clear
Support me by...
See comments on chart. Election doesn't matter, I'm bearish on the stock market because of factors already in play.
I also think this could play out much faster than over 4 years, as drawn.
See related idea for S&P500 linked below.
I think that there will be a long-term correction wave in the global markets on a macro scale, and it is getting closer.. Markets will become very interesting in the coming years, we will wait and see..
For DJI, the structure I expressed in the chart is very important and should be watched carefully.. I firmly believe that, we will observe wedge pattern in the...
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💡 DJI technicaly indicators showing we can expect higher bulish market continuation, FIBO 0.382 which is in many...
Hello to all watching my charts.
Dow Jones is fine to trade by support / resistance and also trendline
Trading.
Look at the chrt for today.
We have support in the aerea 26730 (blue line) and we do have
a LONG trendline which is now 26855.
But the the support levels to watch out.
I count only END of 1 HR information.
So a level below that which is...
DJI is in a downtrend and a down trend channel.
We also have a big resistance at 26250.
To make a long signal, the index would first have to climb above the upper channel line (blue).
If that happens best for Long would be a direct increase to above 26250
Till that DJI is in Short Mode
The rally looked stretched already but a lower high seems to be carved by the Dow Jones at 25450 levels. The wave structure still remains intact with an impulse Wave (1), followed by a flat corrective Wave (2) that terminated at 26000 levels and Wave (3) underway with lower degree waves i and ii at place around 21800 and 25450 levels respectively. If the above...
Sometimes there are topside breakouts on broadening tops, when this occurs a parabolic spike almost always follows... If today is a one day reversal and the Dow blows through the top, here is my short term price target on the move.
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...
Here is our forecasting report in the video format on Dow Jones Industrial Average on 31 Jan 2018. Please enjoy.
Good trading
NinjaSingapore
31 Jan 2018
DISCLAIMER
Our research materials are provided for information purposes only. They should not be used or considered as an offer to sell or a solicitation of an offer to buy any securities. The research...
DJI is expected to RISE now.
There are many reason why we feel it may RISE.
01. It is taking support at quarterly levels trying for a big jump.
02. Bullish engulfing in daily Chart.
03. May reach weekly target 16326
04. Stoch RSI (3,3,14,Close) states it may rise.
05. RSI(14,CLOSE) Is also of the same view.
06. CCI(20,CLOSE) Is also rising.
Keeping all the...
