Today's 400pt lift in Dow was unconfirmed by volume which declined as price rose. VOLUME DIVERGENCE violates basic Dow Theory: The session volume in each day's trading reveals nearly all the session volume was traded before the thin air lift at the end of day. A move against trend must be confirmed by increasing volume to be a true trend change, else it is...
Target price - $2100.02 Dow Theory is active Elliott Waves is also active
Here's some 'Jan Goh' Derrick Washington \u2029chart art #priceless""
Looking for ABC correction. Ideally S&P makes new highs and Dow fails to make new highs. (Dow Theory)
He who rides the pony must someday fall.
Hi, folks. USDJPY shows nice upward movement. it's 1st time price climbs back above 1 std of 50 MA on weekly chart since March 2017. I appreciate this trend will drive price further up. 1st notable resistance level is 118.7 - 1 std of 50 MA on monthly chart. STD 5 is rising on weekly chart. daily chart: Long-term targets are based on fibo extensions of wave...
After a strong performance over the weekend, Bitcoin is showing signs of life. (1) Price action formed consecutive higher lows (L1-L2) and higher highs (H1-H2). This is a valid bullish reversal pattern. (2) Price has broken out of a falling wedge denoted by blue lines and consolidated above breakout point. (3) Bullish divergence on the RSI denoted by red arrows....
This is the levels i'm watching on BTC for Dow theory analysis. I definitely want to be there when this trend turns around. Ill keep you posted when some crucial levels breaks, with the implications there of. Currently 6k is the level on everyone's mind, Personally ill be ecstatic if breaks, as it would signify the next phase in the bear trend, progress.
GOLD Time Forecast XAB Retracement AB=CD High to High
Buy low sell high. This baby can MOVE too... :-) Let's see what she does, but over the next few weeks - let's look to buy the break out and or likely the retest of the break out.
DOW THEORY Cycle POLONIEX:BTCUSDT BITSTAMP:BTCUSD BITFINEX:BTCUSD KORBIT:BTCKRW
So, let me know if this chart resembles, looks like NFLX circa 2012 to you (on a weekly) Stan J and I thought so. : -) Anyway, down here on LL is a buy low, sell high. I did recently use the company.I know how they make money. Long term buy low, sell high? Or at least worth consideration. I won't be getting in, until at the EARLIEST, mid April. I need some more...
It's SO PRETTY to be a trader #buylowsellhigh
Lately I've been having fun practicing on literally any chart I come across so I decided to do some analysis on DPZ. Price is in an accumulation phase in accordance with the Dow Theory. If price continues to behave like this, then a move up is very likely. So I suggest buying some pizza :) 6.1.8. Family. More Than Just Trading.
Classic theory. Had to stretch $DJT (red line). Let's see if $DJIA (blue line) follows it. Suggests ranging for months.
Trend is up, looks it in dow theory mode