DOW JONES targeting 50000 on this final Bull yearDow Jones / US30 posted the first green weekly candle after hitting last week the 1week MA50.
This is obviously a critical support level as it has been holding since the October 30th 2023 rebound.
As this chart shows, Dow has been repeating the same patterns, Cycle after Cycle.
Right now it has entered the Final Year of Bull, which is the part where it rises aggressively to form the Top before the new Bear begins in the form of a Megaphone pattern.
The previous Bull peaked on the 2.382 Fibonacci extension of the Megaphone.
This means that a 50000 Target for Dow is perfectly plausible by the end of 2025.
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DOW JONES: MA50-100 Bearish Cross says we've bottomed.Dow Jones is almost neutral on its 1D technical outlook (RSI = 43.171, MACD = -608.620, ADX = 62.568), rising aggressively since last week. Technically that was the bottom no just on the 8 month Channel Up but also on the LL trendline. We've seen the very same LL bottom on the October 2023 and March 2023 lows, all of which had oversold 1D RSIs. The 1D MA50-100 Bearish Cross marked those bottoms and today we've completed a new one. Technically the index can rise as high as the 2.0 Fibonacci extension (TP = 49,000).
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US30; Heikin Ashi Trade IdeaPEPPERSTONE:US30
In this video, I’ll be sharing my analysis of US30, using my unique Heikin Ashi strategy. I’ll walk you through the reasoning behind my trade setup and highlight key areas where I’m anticipating potential opportunities.
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DOW JONES: Necessary correction to lated target 46,600.Dow Jones is neutral on its 1D technical outlook (RSI = 53.301, MACD = 170.540, ADX = 30.319) as it is trading sideways on top of the 1D MA50 for the past 2 weeks. The long term pattern is a Channel Up that every time it rebounded on a HL bottom and hit the R1, it always pulled back again to test the 1D MA50. Consequently, this is a necessary technical correction that will allow the index to attract enough buying momentum again to go after a new HH. Aim for a minimum +8.41% increase (TP = 46,600).
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DOW JONES: Starting the final stage of 3year Bull Cycle.Dow Jones got oversold on its 1D technical outlook (RSI = 29.297, MACD = -550.130, ADX = 76.606) as it is currently testing its 1W MA50. This is a level that has been intact since November 2023 and is of high importance to the trend as it has a key cyclical attribute. The driving growth pattern of Dow since the 2009 bottom is a Channel Up and every time a Bull Cycle starts, the 1W MA50 is the first level of support, with every touch of it being the strongest buy opportunity. When the 3 year Bull Cycle is coming to an end, the 1W MA50 breaks and the index approaches the 1M MA50 during its Bear Cycle correction, which becomes the ultimate buy entry for the new long term 3 year Bull Cycle.
The current Cycle should starts getting completed technically after September 2025, so there is a high chance that the 1W MA50 holds here. The three Bull Cycles we've had so far had a fairly similar growth percentage, rising by +70.38% to +76.64%. If the +70.38% minimum range is followed on the current (4th) Bull Cycle, then we're aiming at 48,000 (TP) towards the end of the year. The 1M CCI seems to be printing the exact same build up to the Bear Cycle as in the past.
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DOW JONES Can the 1W MA50 hold and spark an end-of-year rally?Dow Jones (DJIA) has been trading within a Channel Up pattern since the late July 2023 High. The decline of the last 30 days can be technically seen as the Bearish Leg that will price its new Higher Low bottom.
The price isn't only close to the Channel's bottom but also the 1W MA50 (blue trend-line), a level that has been supporting since the October 30 2023 bullish break-out. As a result, a 1W MA50 hit will be a potential double support test, with the 1W RSI also printing a Bearish Leg similar to the one that led to the October 2023 bottom.
On the other hand, the ranged price action since the late November 2024 High, resembles the sideways volatility of the first half of 2024. Both were initiated after Higher High pricings at the top of the Channel Up. The rallies that led to those tops have been +21.00% and +23.72% respectively.
If there is a decreasing rate on each Bullish Leg, then the new one should be +17.30% (i.e. -3.30% less than the previous one), which falls marginally below the 1.5 Fibonacci extension, which is where the November 2024 High was priced.
As a result, as long as Dow is closing its 1W candles above the 1W MA50, the 2-year Channel Up is more likely to push upwards again for its new Bullish Leg, potentially targeting 48900 (+17.30%).
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S&P, NASDAQ, DOW JONES Weekly Market Forecast: Mar 10-14 In this video, we will analyze the S&P 500, NASDAQ, AND DOW JONES Futures. We'll determine the bias for the upcoming week, and look for the best potential setups.
Markets have been bearish due to mixed numbers employment, Fed statements, and uncertainty in US trade policies. Are the markets poised for a bounce back week? Perhaps. Traders will need to exercise patience before jumping in these volatile markets, waiting for the proper confirmations before we determine a bias. Once the markets tip their hand in that way, we can take advantage.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
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Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
Market Forecast UPDATES! Monday, Mar 3rdIn this video, we will update the forecasts posted last March 2nd for the following markets:
ES \ S&P 500
NQ | NASDAQ 100
YM | Dow Jones 30
GC |Gold
SiI | Silver
PL | Platinum
HG | Copper
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
DOW JONES MA200 (1d) test on the Channel Up bottom. BULLISH.Dow Jones is trading inside a Channel Up but lately finds itself on a pull back.
This pull back is about to test the MA200 (1d) at the bottom of the pattern.
The MA200 (1d) has been holding as Support since November 3rd 2023, so overall that makes it a buy opportunity.
Trading Plan:
1. Buy on the current market price.
Targets:
1. 46400 (the 1.382 Fibonacci extension).
Tips:
1. The RSI (1d) is almost oversold and at 35.00 it has turned sideways. Every time the RSI was on this level or belowsince October 2023, it was the best buy opportunity.
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DOW JONES Massive 1D MA200 reversal for Cup and Handle?Dow Jones (DJIA) has been trading within a Channel Up since the September 2022 market bottom. Throughout this long-term structure, Cup and Handle (C&H) patterns have emerged that were always contained above the 1D MA200 (orange trend-line) and subsequently initiated a rebound to at least the 1.382 Fibonacci extension before the next pull-back.
The 1D MA200 is right below us at the moment and the current C&H seems to be on the verge of completing its Handle. Moreover, the 1D RSI is on its usual Higher Lows trend-line that prompts to a the most optimal buy entry. We're bullish, targeting 46400 (the 1.382 Fibonacci extension).
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Will Dow Jones Extend Its Selloff?I believe Dow Jones still has more downside ahead. I anticipate a break below 42,200 tomorrow morning, potentially taking out more of January’s lows.
If price rises overnight, I’ll be looking for a Short position at the 8:30 CST open. If it doesn’t, I’ll likely go Long toward the dump initiation zone around 43,160 .
Alternatively, we could potentially begin the sell from 2025 Open Price.
Only time will tell—let’s lock in⚡
Weekly Market Forecast Mar 3-7: Stock Indices, Gold, Oil, moreThis is a FUTURES market outlook for the week of Mar 3-7th.
In this video, we will analyze the following futures markets:
ES | S&P 500
NQ | NASDAQ 100
YM | Dow Jones 30
GC | Gold
SIL | Silver
PL | Platinum
HG | Copper
The indices took a bearish turn at the end of last week. Trump announcements, tariffs, Ukraine and Russia injected uncertainty into the markets, and investors moved money into safe havens.
Patience is required to trade in this environment. Wait until there are clear signs of shifts in the market before deciding on a bias. Setup confirmations are always the best course of action.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
Where is the Indices going and Bitcoin? This is my opinion of what I think will happen in March after February sell off. I have bullish bias for both indices and Bitcoin as long as 80K Level stays intact in case of BTC.
Also RSI and Volume divergence can be seen for extra confirmation
Disclaimer: Not a financial advice. Do your own analysis
Dow Jones Bullish Setup for a Friday Dump?We've swept today's lows while also establishing a new high. This sets the stage for a strong buyback toward the 44,000 level, where we previously dumped last Friday. I am eyeing the areas around 43,470 & 43,562 as potential opening structures.
With high-impact news closing out both the week and the month, we should see some solid volatility—presenting prime opportunities to capitalize on market moves. Let’s lock in⚡
Its too early to tell, but I am anticipating a crazy dump on Friday that will take us back to 2025 Open price.
DOW JONES Cup and Handle completed and eyes a new ATH.Dow Jones (DJIA) has been trading within a Channel Up since the October 2022 market bottom of the Inflation Crisis. Inside this pattern, four Cup and Handle (C&H) formations have occurred with the most recent one, about to complete its Handle this week.
All such C&H patterns, rebounded to at least the 1.382 Fibonacci extension before the next pull-back. As a result, our Target before May remains 46400.
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DOW JONES Bull Flag completed. Massive rally ahead.Dow Jones / US30 has completed a Channel Down on the 0.5 Fibonacci retracement level.
This pattern is nothing more than a Bull Flag based on September's similar structure that also hit the 0.5 Fib and 1day MA50 and bottomed.
This time, the 1day RSI is also on a Rising Support.
Both corrections took place after a +8.15% rise and September's then went on to rebound to the 1.5 Fib extension.
Buy and target 46700.
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Dow Jones Bullish Pullback 2/25I'm looking to take a Long position at the 8:30 AM open tomorrow. I've drawn out two key setups that would confirm my bullish outlook above.
Ideally, we open within the 43,505 - 43,575 range, setting up a strong buying opportunity.
The Daily formed a nice doji candle to close out Monday, so I am really confident that we will see some nice bullish action tomorrow morning.
Just throwing ideas out there, I won't really know anything for certain until around 7am.
Lets collect these ticks⚡
Weekly Market Forecast Feb 24-28: SPX, NAS, DJI, GOLD, ...This is a FUTURES market outlook for the week of Feb 17-21st.
In this video, we will analyze the following futures markets:
ES | S&P 500
NQ | NASDAQ 100
YM | Dow Jones 30
GC | Gold
SIL | Silver
PL | Platinum
HG | Copper
The USD continues its bearish ways this upcoming weak. It's currency counterparts will likely see some upside this week. Especially the JPY.
Patience and an ear to the news will be the best way to approach the equity markets. The same would also apply to news sensitive commodity markets like US OIL, Gold and Silver.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
DOW JONES Rectangle bottom formed. Bullish.Dow Jones hit today its MA200 (4h) and rebounded.
This has come too close to the bottom of the Rectangle pattern that dominates the price action in the past 3 weeks.
Trading Plan:
1. Buy on the current market price.
2. Buy again if the price closes above the Falling Resistance.
Targets:
1. 44450 (MA50 4h and Falling Resistance).
2. 45000 (top of Rectangle).
Tips:
1. The RSI (4h) got oversold and rebounded like on the February 3rd Low. Strong buy signal.
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DOW JONES 1D MA50 supporting huge Inverse H&S push!Dow Jones (DJIA) has been trading within a Channel Up for the past 15 months. The pattern that could be the strongest driving force however in the coming weeks is an Inverse Head and Shoulders (IH&S), which is about to complete its Right Shoulder.
As you can see this is being strongly supported by the 1D MA50 (blue trend-line) in the past 30 days and every such IH&S pattern in the last 2 years broke to the upside and hit at least its 1.382 Fibonacci extension.
The 1D RSI sequences between those IH&S fractals are identical and the current RSI Bearish Divergence matches perfectly all previous Right Shoulder formations that preceded the 1.382 Fib push.
As a result, a 46400 Target would be an ideal technical Higher High for the Channel Up.
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Weekly Market Forecast Feb 17-21stThis is an outlook for the week of Feb 17-21st.
In this video, we will analyze the following FX markets:
ES \ S&P 500
NQ | NASDAQ 100
YM | Dow Jones 30
GC |Gold
SiI | Silver
PL | Platinum
HG | Copper
FOMC on Wednesday. The news could impact the direction of the USD Index, so be mindful of it. The markets had a relatively bullish week. Trumps reciprocal tariffs study announcement eased some of the tension in the markets also allowed equities to run higher.
The metals saw a bearish turn at the end of the week, but caution should be taken if considering shorting these markets. The overall bullish trend is still in tact.
Enjoy!
May profits be upon you.
Leave any questions or comments in the comment section.
I appreciate any feedback from my viewers!
Like and/or subscribe if you want more accurate analysis.
Thank you so much!
Disclaimer:
I do not provide personal investment advice and I am not a qualified licensed investment advisor.
All information found here, including any ideas, opinions, views, predictions, forecasts, commentaries, suggestions, expressed or implied herein, are for informational, entertainment or educational purposes only and should not be construed as personal investment advice. While the information provided is believed to be accurate, it may include errors or inaccuracies.
I will not and cannot be held liable for any actions you take as a result of anything you read here.
Conduct your own due diligence, or consult a licensed financial advisor or broker before making any and all investment decisions. Any investments, trades, speculations, or decisions made on the basis of any information found on this channel, expressed or implied herein, are committed at your own risk, financial or otherwise.
DOW JONES is completing a Bull Flag to jump to 46700.Dow Jones / US30 is posting a Bull Flag pattern on the 4hour timeframe, currently between the 4hour MA50 and MA200.
The last time we came across this pattern was with the early September Bull Flag.
Both patterns started after a +8.20% rise on the index.
If the new one repeats September's, then we should see an immediate rally to the 1.5 Fibonacci.
Buy and target 46700.
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DOW JONES One last drop below the 1D MA50 is possibleDow Jones (DJIA) has found itself in an uncomfortable spot as it's been trading sideways within the 1D MA50 (blue trend-line) and Resistance 1 of the December 2024 High, for the past two weeks.
The 1D RSI has already started trending downwards on a Bearish Divergence while the 1D MACD just completed a Bearish Cross. The times we've seen all those conditions fulfilled within the 2-year Channel Up, are in mid-May 2024 and early May 2023.
On both occasions, the price got rejected on Resistance 1 and pulled back below the 1D MA50 to form a Higher Low. After the 1D MACD formed a Bullish Cross, the price confirmed a technical reversal and targeted the 1.5 Fibonacci extension before the next pull-back.
As a result, you might want to keep a buy order waiting for a sub-MA50 drop and buy once a MACD Bullish Cross is formed to target 46500 (Fib 1.5 ext).
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