Not bad long entry if bullish on equities. Fib levels. Good Luck
Based on the TA I see it going down to arrow area .
Hey guys Your remember that megaphone pattern. Hell yea. 16.000 DOW and it crashes to 5000 area. It came to 16.000 people waited to crash 10.000. But it didnt. It Rallyed to 10.000 more. Yes This is crazy. Nearly same points. Waited to go down 10.000 but it go up same 10.000. Maybe ! This balooon came to an end. If this crashes to 16.000 level from...
Last week fear @ top. Dont forget last week. This is a good maybe we will see this is the best opportunity to go cash and sell all stocks. Time will tell. History will write. Good LUck.
Things are looking quite bearish for the financial markets.
The price has climbed to the top of the symmetrical triangle/descending channel. I think it will turn back at 25400. Low volume on a steep rise just isn't sustainable. What do you all think?
I predict the Dow Jones Industrial Average will hit 100,000 by 2028 - 2030. To explain, let's first summarize trends of the last 100+ years of the Dow Jones: 1900 - 1954: Consolidation Rectangle 1954 - 1966: 12-Year Bull Market 1966 - 1982: 16-Year Consolidation Rectangle 1982 - 2000: 18-Year Bull Market 2000 - 2013: 13-Year Consolidation Rectangle 2013 -...
DOW JONES INDUSTRIAL SHORT TARGET 23350 (7%) follow me to stay updated <3<3<3
I had a strange dream last night where I saw all of these weird channels on the long-term Dow chart so I thought I would try to recreate what I saw. Most likely is meaningless garbage but I thought I would do it anyway. Another thing this could be telling me is to stay away from spicy food before going to bed!
I have been waiting for this for such a long time. Finally we made a breath down so we can hop again. DJI world market stocks correction. -10% value. 100MA support. 38.2%FIB trump Rally. RSI oversold with signs for a correction. 78.6% FIB last leg of the move. Fundamentally everything looks perfect. Go for the 30K. 3 positions sizes with good RRR. Good Luck
First off, I'll say what I did during this huge correction from the Dow Jones. After it started to falter after breaking 26,000, I started to get nervous, and was ready to pull out. I just had one holding at the time, AIEQ. If I hadn't had so much faith in Watson, I would've got out earlier than I did (Friday morning), but I soon realized my faith was misplaced...
Time to sell everything globally. The HUGE BUBBLE is going to collpase finally! Let's go back to reality. Bye Bye
As you can read from news headlines whole market is went to correction and this was quite predictable. If you pay attention to 1W chart, RSI was on 92 overbought level, which is a strong signal to fix profits and play bearish game. But I don't think that's it's another financial crisis, U.S. is not dumb and it surely learned a lot of lessons since 2008....
Dow Jones Industrial Average DJI Back to buying the dips Yesterday the Dow completed a 10% drop from the high (10% off the top is 23956, the low was 23923.8, just 0.5 of one point from the support line at 23924. An 11% drop would be 23690 - there is another fixed support line at 23613, just 77 points lower. This line line should be the limit of any further...
B&B Pattern. Trade setup with Buy Limit position (EP) at 25387 Stop Loss (SL) at 24531 and Take Profit (TP) at 26186. Money Management I have 22,800 USD in my portfolio. I can lose 10% of the port which is 2,280 USD. I will Trade MINI DOW JONES ($5) Position Sizing 1 Tick = $5 1 Contract size need IM = $3,685 (I can open not more than $22,800 / $3,685 =...