DOW

Dear reader, Market trends and cycles are a direct function of human psychology and the varied emotions during each phase. Bitcoin has been following the classical market cycle since its inception and there is no reason it won't follow it in the future. Charles Dow was the first to make thorough effort to express the general trend of markets. Enjoy the analysis!

The dow bull market is over, the coming recession will cause the initial dip in the Dow which will correspond nicely with the upward lower bound trend and fibonacci retracement of around 22000. Then I'd expect a lower target of around the 50% retracement level of 16000 which will be at the height of the next US recession.

The S&P 500 Index has been a bit hard to read for beginners as the charts are giving bearish signals yet it continued to move up and break above certain strong resistance levels. As for The Dow Jones Industrial Average Index (DJI), this one is telling us a different story, this chart is much easier to read. When you look at the chart, you can clearly see lower...

The chart for the Dow Jones (DJI) is basically the same one as the S&P 500 (SPX). So needless to say, this one will crash as well. My long term analysis for DJI is still valid, you can see it here: This new crash that is incoming is just an extension of...

We are in a shorting zone here, as prior support-turned-resistance. I currently have no position, but I will be ready to initiate shorts if I see weakness intraday. A new major low has not been ruled out, though I believe the bulk of the down move has already occured.

After looking at the 08 crash , I extrapolated the percentage loss and applied it the 25,000 peak double top seen in 2018 - this is not really based that much on fundamentals 1. nike beat earning popped 7% dropped then followed the general pattern of the market) - some could argue that a bigger percentage loss is possible , due to corporate debt mainly, After...

A look at caterpillar stock Blue == Monthly Day == Weekly

As a new company it is hard to see how the 08 crash can be translated , so I took Mastercard @ 50% and American Express @ 84%

A look at JNJ, A lot more weekly and monthly points where I see some resistance happening

This is an interesting one coming into focus more in the last decade , the crash used was the 2000, as it had the highest percentage drop. Blue == Monthly Red == Weekly

A look at Goldman , this is a younger company than most and seem particularly vulnerable to a financial crash I used mostly monthly resistance, very rare will weekly matter in this case

Again this stock has a higher run up and not much data available at the higher end Unlike the other stocks a drop in price nearer the 2000s , was significantly more comparable to the 08 crash, Cant see much support with the VPVR at the higher time frames

A bit more volume traded at higher level, some more tested supports and resistances VPVR only checked at the monthly levels, I don't think daily and weekly will matter to much in the downtrending market Blue == Monthly Red == Weekly Pink == Daily

Same with BA (Boeing) had a huge run since 08 Very little in way of support and resistance until we go back down to 08/09 level Some weekly resistances in red 1 Monthly resistance in Blue

This is a brief look at some support and resistances on the dow - ( I am not paying any attention to fundamentals or earnings recently - ( nike beat earning broke away and fell again i think the same principles apply) - i will look into fundamentals at a later point and add it in BA , Has had a very good run since 08, so there is very little volume at the higher...

This is a brief look at some support and resistances on the dow - ( I am not paying any attention to fundamentals or earnings recently - ( nike beat earning broke away and fell again i think the same principles apply) - i will look into fundamentals at a later point and add it in BA , Has had a very good run since 08, so there is very little volume at the higher...

Global Dow GDOW Same thing here. Testing resistance, in fact it's now sitting just a couple of points above the next line at 2930. It's going to push back up to 3000-3003 sooner or later, just over 2% on this chart. Look to buy SPX or any major market either on any retest of the rising dynamic if we get to see it- or on further strength above 2935 on this chart...

The US elections next week are an obvious inflection point, not just for the US but for stocks globally. The initial reaction would be easy to gauge: up for Trump, down for the Democrats. If the Democrats take control then they will reverse all of Trump's progress. The market reaction would be negative. That is not to say that the market rally would be dead. In...