Category Archives: Dow 30

Markets Blow-Up … A Review

October 11, 2025 By in $SPSIBI, Bonds, CDNS, DIA, Dow 30, IBB, Natural Gas, SPBIO, TLT, UNG, WFC, Wyckoff, XBI

In The Aggregate

Whether or not we’re at the ‘anxiety’ point shown on the chart, is yet to be seen.

Markets are open this coming Monday, except for bonds, adding to the weekend angst.

Reviewing The (past) Week

Posts over last week, even the weeks before, showed from a Wyckoff perspective, something was about to happen.

Cadence Design … Reversal Ready, link here.

When The Bonds Spike, link here.

Wells Fargo Top … 86.66, link here.

Biotech (short) Set-Up, link here.

Top of The Dow, link here.

In retrospect and in aggregate, it’s now obvious something was amiss.

The ‘Art’ of Wyckoff

Wyckoff technique is more art than science, more intuitive than calculated, more ephemeral than certain.

We’ll get into what happens when logic overrides that art, in the next update; Nat-Gas UNG.

Stay Tuned

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Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Top of The Dow

October 10, 2025 By in DIA, Dow 30, GDX, GDXJ, Gold & Silver, Gold Miners, SLV, Up-Thrust, Wyckoff 2 Comments

Where The Risk is Least

The ‘risk’ on a short position in the Dow (DIA), is yesterday’s high (not advice, not a recommendation).

It’s very early in the pre-market (7:48 a.m., EST), DIA is trading slightly higher (at 464.34), but anything can happen between now and the open.

Massive Margin Call

The Trillion Dollar margin call has to come from somewhere; maybe yesterday’s action in the metals and miners is going to force everyone’s hand.

Silver spiked, outside-down, on heavy volume.

With that said, on to the chart.

Dow 30 DIA, Daily

From a Wyckoff analysis standpoint, it’s all there; a push through resistance to all-time highs, a struggle, then new daily low and now today, a possible upside test.

The chart also shows an apparent volume climax, a typical ‘last gasp’ market action.

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

SOXX … Top & Test

September 30, 2025 By in Artificial Intelligence, DIA, DIA-25-05, Dow 30, Positions, Semiconductors, SOXX, SOXX-25-15, Spring-to-Up-Thrust, Up-Thrust 2 Comments

The Big One?

If it really is the ‘big one’, we won’t know until it’s over.

What is known, the SOXX posted an all-time high yesterday.

Today, it posted a new daily low and then immediately began a retrace higher (to test).

That’s where we are now. The test has (so far) posted all the way up to a 61.8%, retrace.

Semiconductor SOXX, 30-minute

We’re in close on the action with the 30-minute chart.

Of course, while all this is going on, the major distraction (this time around) is the ‘shutdown‘.

Separately, the Dow (DIA) posted a new daily low. 🙂

Stay Tuned

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Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

The Dow Set-Up

September 29, 2025 By in DIA, DIA-25-05, Dow 30, Positions, Up-Thrust, Wyckoff

While Everyone’s Focused on A.I.

Who looks at the Dow Industrials anymore?

Bueller? … Bueller? … Bueller?

We’ll be brief.

The Dow 30’s last peak, an all-time-high, was Fibonacci 5-Days ago, September 23rd.

Dow 30 ETF, DIA, Daily

We’re at Day 5, as mentioned, also at a 68% retrace and currently trading lower.

Stay Tuned

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Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Goldman, ‘Yes’ … Dow, ‘No’?

August 16, 2025 By in DIA, DIA-25-03, Dow 30, Goldman, Positions, Spring-to-Up-Thrust, Up-Thrust, ZeroHedge

What Does The Market Say?

According to Goldman Sachs, link here, they’re calling for continued upside.

Anything can happen.

For those on this site, the focus is not on what anybody’s saying, but what’s the market actually doing?

We’ll use the Dow 30 proxy DIA, for this update.

Dow 30 ETF, DIA, Daily

Repeating pattern: Spring-to-Up-Thrust, link here.

The Dow has been struggling each time it gets to this resistance area, since December of last year.

Friday was a gap-higher at the open, then retrace, closing below resistance (upper blue line).

From a risk on a short position, it’s clear. The stop would be last Friday’s high.

Currently short as DIA-25-03, with stop just above DIA 452.05 (not advice, not a recommendation).

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Wal-Mart … The Sleeper?

July 9, 2025 By in DIA, Dow 30, Nasdaq, Positions, QQQ, Up-Thrust, WMT, WMT-25-04 1 Comment

Follow, the Set-Up

Is it possible that Wal-Mart, one of the laggards of the market, for years if not decades, could all-of-a-sudden, become exciting?

Exciting that is, to the downside (not advice, not a recommendation).

As the tagline above says, ‘Follow, the Set-Up’.

Well, here it is.

Wal-Mart WMT, Daily Close

It’s important to note: Unlike the rest of the indices, the S&P, the Qs, the Dow, WMT, is well below its all-time highs.

Yesterday, was a potential trend break. Today, may be continuation, or test of that break.

Positioning

Short as trade WMT-25-04, with stop at yesterday’s high, WMT 99.17 (not advice, not a recommendation).

Stay Tuned

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Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Miners … Good, Bad, & Ugly

March 29, 2025 By in Airlines, DIA, Dow 30, GDX, GDXJ, GLD, Gold & Silver, Gold Miners, Nasdaq, QQQ, S&P, S&P 500, Semiconductors, SILJ, SOXX, SPY, Wyckoff 1 Comment

Three Amigos

The Good: Only the Senior Miners, GDX, have managed to claw their way past the highs set nearly five years ago in August of 2020.

The Bad: Junior Miners GDXJ, remain below that August ’20, level.

The Ugly: Silver Miners SILJ, are the worst, having their peak a bit later in February of 2021; they remain over -35%, below their highs.

The Market Rolls Over

Yesterday, Friday, was a down day for the Dow, S&P, The Qs, Transports, Airlines, Semis, nearly everyone.

For some of these indices, their all-time highs were posted months, if not years ago.

There may be some (bidding) ‘defensive’ action with gold (GLD) continuing higher; as said in earlier posts, the rest of the monetary metals are far below their highs.

Let’s look at the weakest; the silver miners, as they are likely going to be the ones most affected by an economic decline (not advice, not a recommendation).

Silver Miners, SILJ, Daily

We’re at an interesting spot.

Friday was a down day that pushed below existing support, shown in zoom area.

We have simultaneous action.

Once resistance was penetrated on March 18th, it could not hold. After eight trading days, on Friday, it posted lower on heavy volume.

However, we can see that SILJ, is now in (a minor) Wyckoff ‘spring’ position. So, the question is, what happens next?

Stay Tuned

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Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Dow 30 … Near All-Time-Highs

February 5, 2025 By in DIA, Dow 30, DXD, Spring-to-Up-Thrust

Then What?

Dow 30, is just shy of all-time highs.

As of the close today and using ETF DIA, as the proxy, we’re just 2.88-pts away from the mark.

Sounds like all is well; that is, until you look at the chart.

Dow Jones 30, DIA, Daily

Recall, markets tend to post repeating patterns, link here.

If there’s to be a (significant) reversal, the market itself is likely to give us clues.

Clues such as narrow ranges with high volume at resistance or just above.

On the sidelines until then.

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Real Estate Rout … Dead Ahead?

January 26, 2025 By in DIA, Dow 30, DRV, Federal Reserve, Interest Rates, IYR, Nasdaq, QQQ, Real Estate, S&P, S&P 500, SPY 1 Comment

Break, Test … and … Pause

Of course, in the markets, no one knows for sure.

However, what we do know as shown below, real estate IYR, has formed a terminating wedge.

In addition, it’s broken down from that wedge and is now testing the underside.

Real Estate IYR, Weekly

With the Dow, S&P, and QQQs, at or near all-time-highs, real estate’s a laggard; posting its all-time-high, years ago.

Last week was a narrow-range bar.

On a daily basis, price action attempted to move higher twice and has retreated (from that attempt) each time.

Then, The Fed

Let’s not forget we have a Fed meeting coming up on Tuesday and Wednesday, this week.

Popcorn at the ready.

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

Dow … Down

January 2, 2025 By in $SPSIBI, Biotech, DIA, Dow 30, DXD, DXD-25-01, LABD, LABD-24-21, SPBIO, Wyckoff, XBI Tags: , ,

Adjusting The Short(s)

For the Dow 30, the ‘January Effect’, lasted less than an hour.

From then on, it’s been decisively down.

The biotech sector on the other hand, was and is still (as of 1:30 p.m., EST) higher for the day.

Trade LABD-24-21, was exited with +14.52%, profit (not advice, not a recommendation).

Dow 30 (DIA)

Price action is posting outside-down for the day with just over two-hours before the close.

The important part, Dow (DIA) upside was limited when compared to biotech.

Wyckoff said a century ago, we must adhere to what the price action is telling us; no matter our ‘opinion’, the action is always right.

With that said, short trade DXD-25-01, was initiated (not advice, not a recommendation).

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279