The Dow Jones Industrial Average (DJIA) price is back to the 4×1 descending angle of the 1982-2007 range. This level has stopped price throughout the bear market.
Entries Tagged as 'Dow Jones Industrial Average (DJI)'
Dow Jones Industrials Time Frame Observations
May 30th, 2009 No Comments
The DJIA shows resistance from the January high that must be exceeded but significant upside is expected.
DJIA Stronger Versus 2007 Range Than 2008 Range
May 1st, 2009 No Comments
The Dow Jones Industrial Average dropped at around a 20 point per trading day slope. The recent bounce off the March low has moved up approximately 40 points per trading day (2×1 angle). This is nearly the same slope as the initial thrust down in 2007.
Tags: Dow Jones Industrial Average (DJI) · Gann Angle Fan · Slope
Market Cycle Investing with Parallel Angles
April 16th, 2009 No Comments
The current market situation is a long drop into a 150ish calendar day base. One method I have found for measuring moves within the base is to compare the current slope against the original range.
Tags: Apple Computer (AAPL) · Dow Jones Industrial Average (DJI) · Market Cycles · Nasdaq Charts (IXIC)
Low Volume Consolidation
April 7th, 2009 No Comments
The Dow Jones Industrial Average (DJI) is back at the October 10th cycle turn low. Volume is noticeably low this week which indicates a lack of sellers in the market.
Three Time Frames on Dow Jones Industrials (INDU)
April 4th, 2009 2 Comments
Three time frames of the Dow Jones Industrial Average with Fibonacci lines are discussed.
Weekend Outlook – 15Mar09
March 15th, 2009 No Comments
The SPX bounced near the 1×4 angle of the 1982-2000 range while the DJIA bounced off the 50% price retrace of that range.
Tags: A-B-C Correction · Dow Jones Industrial Average (DJI) · Elliott Wave Analysis · Market Outlook · Nasdaq Charts (IXIC)
Follow Through on SPX and Dow Jones Industrials
March 13th, 2009 No Comments
The markets have followed through this week and the next watch is for a high low on the swing down.
SP500 Weak In All Time Frames
March 6th, 2009 No Comments
A look at the SPX time frames and the DJIA against Jim Cramer’s analysis of individual companies.
DOW Weak in All Time Frames
February 13th, 2009 4 Comments
The DOW Index is weak on the daily, weekly, and monthly charts.
High Volume But Below Yesterday’s High
February 5th, 2009 No Comments
Little price appreciation makes today’s high volume move suspect.
Tags: Accumulation Day · Dow Jones Industrial Average (DJI) · Nasdaq Charts (IXIC) · Russell 2000 Smallcaps · Volume
Comparison of Index Geometries
January 5th, 2009 No Comments
A comparison of the geometric movements of the major US markets.
Tags: Dow Jones Industrial Average (DJI) · Nasdaq Charts (IXIC) · Russell 2000 Smallcaps · Value Line Arithmetic Index (VLE)
What is PTV-Investing All About?
December 20th, 2008 2 Comments
It has been a while since I updated the About page and decided it was time to discuss the intent of this site.
Tags: About · Dow Jones Industrial Average (DJI) · Value Line Arithmetic Index (VLE)
Weekend Outlook – 07Dec08
December 7th, 2008 1 Comment
Last week the SP500 Commitment of Traders (COT) showed the professions with a huge net short futures position of around 92,000 contracts. The real negative is in the small speculative futures traders. The small specs are net long over 44k SPX futures. The other times the small traders got this long, the market tanked.
Dow, Nasdaq, VLE, and SPXEW Above 2002 Lows
November 21st, 2008 3 Comments
The charts of these major indices have not moved beyond the 2000-2002 bear market low. The SPX must contain more financial stocks that are heavily weighted as compared to the other indices.
Tags: Dow Jones Industrial Average (DJI) · Nasdaq Charts (IXIC)
Full Moon Bottom?
November 13th, 2008 2 Comments
The SPX had a large range outside day (LROD to Jeff Cooper followers) on volume. Price broke the October 10th low for a short period of time and then the volume buyers came in. From here we need one or more follow through days. We also need break the October 14th high and remain up there beyond the 12th day of the rally.
Tags: Dow Jones Industrial Average (DJI) · Nasdaq Charts (IXIC) · Volume
DJIA Long Term Gann Angles
November 8th, 2008 4 Comments
The Gann fans of the DOW chart since 1982 are interesting. Setting the 1×1 angle at the top of the 2000 high provided the 2002 low at the 1×2 angle. Price tends to move in doubles and halves of a significant slope.
Weekend Outlook – 26Oct08
October 26th, 2008 No Comments
The equity markets are reacting to the cycle turn of October 10. So far, no strength is evident to support significant buying.
Tags: Commodity Charts · Dow Jones Industrial Average (DJI) · Inflation-Deflation · Market Outlook · Nasdaq Charts (IXIC) · New York Stock Exchange (NYSE) · Roadmap
Hey! Who Moved the Floor?
October 24th, 2008 8 Comments
I posted a crash scenario about a month ago and I’ve updated the charts here. The futures are usually a bad indicator of the day. The volume is low and panics are easy. Also, the big boyz and run a misdirection play for little money before the market opens. But still, a limit down futures open isn’t something that happens very often and should be taken seriously.
Rally Day Nine – Another Test of the Low
October 23rd, 2008 2 Comments
The SP500 Index tested the October 10 low again and reversed back up on higher volume today. This action is an accumulations day. Unfortunately, the Nasdaq ended the day about 0.7% lower on higher volume which is distribution. The Dow moved similar to the SPX in an accumulation day.
Tags: Accumulation Day · Distribution Day · Dow Jones Industrial Average (DJI) · Swing Charts