I have found the Holy Grail indicator for the Dow Jones - 100% right so far

batsonar

Well-known member
298 6
I have just been looking at some of my other indicators I use. If you look at the top indicator which I call my "sensitive short term" indicator, you will see that it has just crossed the zero line into the green and is reading 25.27. This would suggest a positive trading day on Monday the 19th August 2019 unless this indicator turns negative again in the day. On the chart there is a pivot point resistance level at 26,138. It is possible the Dow could move up to this level before falling back.

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postman

Legendary member
25,388 3,077
I have just been looking at some of my other indicators I use. If you look at the top indicator which I call my "sensitive short term" indicator, you will see that it has just crossed the zero line into the green and is reading 25.27. This would suggest a positive trading day on Monday the 19th August 2019 unless this indicator turns negative again in the day. On the chart there is a pivot point resistance level at 26,138. It is possible the Dow could move up to this level before falling back.
So your saying Monday will be an up day unless it turns in to a down day. Thanks for that.
 

batsonar

Well-known member
298 6
So your saying Monday will be an up day unless it turns in to a down day. Thanks for that.
What I am saying is, it looks like from the top indicator it has entered positive territory (into the green) but only just. If the indicator turns negative (into the red) on Monday or Tuesday then the Dow is definitely going to fall again. All my other indicators are still well in the red. I just don't think it is safe to "buy" go long because of current market conditions. I will be watching that indicator carefully over the next few days. You don't get 2 round about 800 point drops in under 2 weeks and say all is well because it isn't. The financial system is slowly breaking down.
 
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batsonar

Well-known member
298 6
Below is a picture of my other charting package. I forgot all about it. I like these indicators because as you can see they are quite accurate when back tested. These indicators are my early warning system of a possible move up or down. The top indicator is my favourite. It has just moved from being red bars over the zero line and is now showing a blue bar and has a reading of 3.10. The middle indicator is a Price Percent Oscillator. The bottom indicator is a TRIX indicator. As you can see it appears they are about to cross over for a rise. The very special indicator in my other charting package is about to cross the zero line into the green and at the moment is reading -179.44. I use this indicator to confirm a buy (go long) or sell (go short) signal. Its very close to a buy signal and I think it will be triggered tomorrow if the Dow rises which I think it will do. I have a feeling the Dow is going to attempt to reach new highs but when the "elastic band" is stretched to far then it will snap. I believe we are going to have a nasty pullback after this next rise.

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giaodichtaichinh

Newbie
3 1
Please send me the system you are using. I saw the video at the beginning of the article but it no longer exists. thank you very much
 

batsonar

Well-known member
298 6
This is what my charts are showing at the moment. The top indicator is the main indicator I use to decide on buy or sell signals As you can see it went very close to the zero line yesterday and I was tempted to "buy" go long but I said no not until it crosses well over the zero line into the green. Good job I didn't because to day it has fallen back into the red and is now reading -629. The bottom indicator is very good as well because it never moved above the zero line into the green.

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batsonar

Well-known member
298 6
Below is a different set of indicators I use. The top indicator is for short term trading. When the Dow opened it looked like it was about to fall and it has this afternoon. The top indicator is reading -284 and is saying to me that the Dow in the short term may fall. The bottom indicator is also sensitive to short term movement and has fallen from its 100% position. It looks like the Dow could fall over the next few days unless the indicators suddenly make a U turn. I will let you know. Dow currently is 25,826.

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batsonar

Well-known member
298 6
There is a pivot point support level at 25,356 on my chart. If it breaks that level then the Dow could get into trouble. The Dow is very indecisive at the moment and very Bipolar.
 

batsonar

Well-known member
298 6
The Dow closed at 25,900 on the 26th August 2019. If you look at the top indicator in the picture below (this is my short term indicator) it does look like it has changed direction and is on the rise. The middle indicator is in the green and also is on the rise. This could mean a possible move up on the Dow in the short term but I think this could short lived because as you can see there are a few pivot point resistance levels it has get through. I am expecting a dramatic fall and a possible crash very soon.

XP.jpg
 

batsonar

Well-known member
298 6
I have just found this indicator in my charting package and changed the settings and parameters to suit a 1 day bar chart (see picture below). It is reading -1.16 and looks like it is about to cross the zero line. It does say to me that the Dow will rise over the short term. We will see.

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batsonar

Well-known member
298 6
I have a feeling the Dow is going to struggle to get any higher. My signals are mixed. There is no clear direction at the moment.
 

batsonar

Well-known member
298 6
My system system has generated a "sell" go short signal at 26,895 on the Dow. This is the point of no return and I believe the Dow will fall very heavily soon. In fact I believe we are heading for a severe stock market crash by the end of SEPTEMBER 2019 the worst in history.
 

Long Move Killer

Junior member
23 0
My system system has generated a "sell" go short signal at 26,895 on the Dow. This is the point of no return and I believe the Dow will fall very heavily soon. In fact I believe we are heading for a severe stock market crash by the end of SEPTEMBER 2019 the worst in history.
 

Long Move Killer

Junior member
23 0
Your indication is very poor , if you come in
long trades like swing, I go waiting tooooo
long . That is the reason , why share holders
lost there money. I only scalp if its worm outside. Newbeys swing wehen there in trouble, if the trade don't work well......

Sorry
 
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