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Dow Jones Industrial Cash Index

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US30 another day more money no problems haha just Dubai traffic problems


US30 Last Call for This Session:
Guess What, the Double Inside Day became a Triple Inside Day, so an even BIGGER move is coming.

Don't act like a Potato Head like a previous critic to keep questioning what I see.
Snapshot

US30 I'm Stoked!
We've got a Double Inside Day on the Hourly for a coming BIG move that can show up, either during this session or in the After Hours.

Let's "shred" this! That's surfer-speak for riding the wave aggressively.
Snapshot

US30 For the bullish retrace, if Crazy 2.0 doesn't kick in, we can see the bulls head for the low of the Inside Day at 48,086 (that's shown as an orange line) as a false breakout and head for the current mean reversion of 48,282 (or around there).

Just In Case:
If the bulls keep rising past the mean reversion of 48,282, then they want to do a breakout at the Inside Day's high of 48,380 and go higher towards the Bearish Trendline (in red dotted line) to cross - flipping the market bias from bearish to bullish.
Snapshot

US30 what an absolute smashing day again lol everyday is to easy to know whats going to happen once you see it you cant unsee


US30 Going back to the 4-Hour timeframe, the bear run is crossing the Bullish Trendline (in green dotted line) to flip the market bias from neutral to bearish.

What's likely to happen is after the bear run is over, we're likely to see a pivot for the bulls to Swing Up with a bull run to retest the trendline. But if the bulls rise above the rendline, then the market bias goes back to neutral.

Let's see how far the bears drop. There's a S&R Zone below that starts at 47,564. Will they reach it? We'll see, my goodly traders.
Snapshot


US30 On the Hourly, it seems that a smaller W-shaped pattern may finish forming within a massive M-shaped pattern (that will form the 2nd peak before dropping down with the last leg).

You can see a very tall lower wick on this bearish candle. If the bears show up in the new hour to fill that lower wick, then the bulls can rise after that to head for a breakout at the high of the Inside Day at 48,410 and potentially breach the Swing High of 48,508. If there is a breach of the Swing High with a candle close past that price, then more moves to the upside. But any one of these bullish breakthroughs don't happen, then back down again.

*Side Note:
The Popgun pattern is still play on the 4-Hour chart. After the bear run is over, we'll see a pivot for the bulls to swing Up. After the bull run is over, a last pivot for the bears to swing Down - all moving like a See-Saw as very wide consolidation.
Snapshot