This is a short term prediction of where I think DJI is headed before it can resume an uptrend. Let's see
Ghi chú
The path is TBD...the target remains IMO. Let's see
Ghi chú
another though on the path...pair with your own analysis.
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I am closing this idea...I feel something like this is more likely now
Ghi chú
I can't help it...I just want to post this last thought (TBH I'll probably post more but I'll try not to since I closed it)
Ghi chú
I kind of wonder if the bottom has been hit and not we are forming an ascending triangle which in turn prints an inverse head and shoulder which results in a double top in Oct? The timing is definitely TBD but just a thought ...I then think next year at some point we may have a big collapse in the markets but just my thoughts ...good luck in this volatile time
Ghi chú
Furthermore I will be surprised if the DOW doesn't end negative today as I think it hits its target tomorrow
Ghi chú
The ascending triangle pattern is invalid now IMO...maybe an Adam and Eve pattern? The targets remain the same. A double bottom may be in order.
Ghi chú
Moved up my trend line ...not sure how accurate it is currently TBH as I have moved it a few times in the past weeks. DJI could only have 1% more down to go before it recovers? Let's see. The dates are based off the rate hike announcements which seems to be giving the market some direction IMO. So the last hike baked in being in Aug and then the market can go up for a bit?
Ghi chú
haven't had time to post but funny enough as you may have noticed the ascending triangle is alive and well...won't have time to post much but pair with your own analysis...good luck
Ghi chú
Here is my current thoughts...I have to admit I haven't much time to do analysis these days but it looks like it just wants to go up IMO...let's see
Ghi chú
I'm not sure of the path but it looks to me that DJI heads up until maybe the end of Sept, then a substantial pullback? hmm...just a thought to pair with your own analysis.
Ghi chú
updated ...
Ghi chú
Have we seen this before? Hmm ... only time will tell of course
Ghi chú
I think we are entering 60 days ish of sideways and a little up...
Ghi chú
my current thoughts...we shall see
Ghi chú
pullback or pump?
Ghi chú
Just a thought...we have a pullback IMO.
Ghi chú
maybe it comes down further ...let's see
Ghi chú
Where will DJI find support? Here is just an idea
Ghi chú
or a smaller pullback? hmm
Ghi chú
can it keep going up? very interesting if so...
Ghi chú
shorter timeframe thoughts ...
Ghi chú
Sure looks like more down to me ...let's see
Ghi chú
Nope... :) up it goes. Let's see
Ghi chú
This is my last post on this idea as the idea overall is invalid but my updated ideas may pan out...we will see..good luck to you all!
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Ghi chú
I'll close this officially with a long term thought... good luck
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