Trading the dow jones DJI right now wont Look attractive to you. This is because mainstream media is bashing it.
According to Reuters, ”Nasdaq hits record high as Alphabet earnings beat estimates“ ,October 29, 2024 Sadly the price of the Dow Jones market has gone
down. Also according to this article above, utilities are not doing so well.
Now you may be thinking,
“Why should i buy Dow jones after market crash?”
This is because if you look at the indicator on the chart
You will see a divergence below the oversold zone. This crossover shows you that the price is cheap and its the
best time to buy Dow jones index.
If you want to buy another stock, within the Dow jones then thats fine.But if you want to buy the dow jones while its cheap
then read the following:” Tip#1:Sick And Tired Of Market Crashes? Learn How To Trade Dow Jones”
Tip#1:Sick And Tired Of Market Crashes? Learn How To Trade Dow Jones
Learning how to trade the Dow jones may come off as scary.But this is not something to fear. Its all about understanding the right market cycles and indicators to use.
Last week i was trying to understand the power of bulls and bears.Also, i was trying to understand how to dip buy.
You may be thinking,
“Is it even possible to dip buy?”
Yes its very possible and this is what the Dow jones is showing you. What you are seeing is another way to buy the Dow Jones by Dip buying.
I did not make up the term dip buying. I got this term from Tim Sykes.
In other words, its called the cup and handle pattern. But by the time you see the handle the pattern is complete.
If you want to buy another index to make money then that's okay.Otherwise to learn more
read this:” Tip#2:The #1 Quickest Way To Trade Apple “
Tip#2:The #1 Quickest Way To Trade Apple
Listen this Dow Jones divergence is very much connected to the fact that apple has an earnings report coming. Trading an earnings report is another strategy.
I got this idea from Tim Sykes trading challenge student Jamil, from his book, you can get called ”Penny Stock Guide” Trading the earnings.Is not just about buying earnings reports
But its also about looking at the market psycology of the overall market. Now you may be thinking, “How is apple stock connected to Dow Jones Index?”
Its good if you think like this because appl is tha largest stock on this index.Also the positive earnings report will boost the over rall index, or atleast give the Index a surpport
price action.Now if you feel that you should buy another stock in the Dow Jone Index then thats okay.But buying apple stock will alos helpo you understand the key to market cycles.
When you look at the Dow Jones index am using a strategy to determine wether the price is in an uptrend
or not.In order to learn more about this strategy read
more here:Tip#3:Need More Trading Ideas? Buy Dow Jones Market Crash
Tip#3:Need More Trading Ideas? Buy Dow Jones Market Crash
Before i continue to share this education with you i have a confession.I wanted to recommend buying apple stock and honestly buying Apple stock AAPL will be a buy.
But i also want you to see the big picture.You see i want you to learn. Because when you master this then it will protect you against the bad actors we have in the financial markets
They are too many bad actors in th financial markets.
You may be thinking,
“Why is learning about the Dow Jones Important?”
Because once you learn about the big picture then you
will be better prepared to pick the right trading opportunities. The strategy which is called the rocket booster strategy has 3 Steps: • The price has to be above the 50 MA • The price has to be above the 200 MA • The price has to gap up in a trend
If you have another strategy to learn or develop then you can do that.If you want t understand the “Cap and handle pattern” This strategy will guide you. Rocket boost
this content, to learn more read :"The 3 Easy Ways To Buy Apple Stock" below
Disclaimer: Trading is risky please learn risk management and profit taking strategies because you will lose money whether you like it or not.