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

Horrible "choppy" trading session today for my indicator to cope with. As you can see in the chart below there were 8 "buy and sell signals" today which is not the norm. The last time it was this "erratic" was the 21st May 2021. As a result I made a loss today trading. First I lost £1,212 (see the picture below) on a stupid trade were I let my emotions get the better of me again as per usual and I changed my mind soon after entering the trade and closed it. The second trade was a "short" and I lost £819 after the DOW failed to follow trough on the selling. Got out when the signal changed which is a kind of "stop loss" I am using in my system. The Selling and Buying Volume Money Flow indicator is not a "lagging" indicator in any way and it does react very quickly so you can cut any losses. The second trade where I lost £819 was basically the "spread" amount of the trade which wasn't too bad a loss. I have still made a profit on my trading account of £2,182 but have decided to cut down the CFD contracts I trade from 50 to 25 so as not to risk "blowing up" my account. By the way I am using a Trading212 practice account with a starting balance of £50,000.

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Closing price of the Dow Jones - 18th June 2021.

I did warn you in my previous posts yesterday that there was a danger of seeing some heavy selling on the DOW in the short-term.

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This is the "Fibonacci Arcs". As you can see the DOW is now testing the 100% level (see yellow arrow) which is around the 33,150 mark on the DOW. We could see it go as low as 33,000 in the short-term. If it breaks this resistance level then it could fall to the next "Fibonacci Arc" level of 138% which is around the 32,700 mark on the DOW.

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The VIX (also known as the fear gauge by traders) is up 2.97 (16.74%) to 20.71. I did warn in my previous post that if the VIX got to 20 then we would see some heavy selling on the DOW which happened. The VIX looks like it will rise some more which will put pressure on the DOW in the short-term.

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I PREDICT ONE MORE "BLOW OFF TOP" AND ALL TIME HIGHS THEN THE DOW JONES WILL "CRASH" BY UP TO 80% BY THE END OF THIS YEAR OR EARLY NEXT YEAR.
 
This is my TRIX indicator and as you can see it has crossed the zero line back into the GREEN which is a "Buy" (long) signal on the DOW. I am currently using 30 indicators in my "BATSONAR" system and 23 are giving a "Buy" signal on the DOW. Personally I think the DOW is going to attempt to get to all time highs in the mid-term. DOW currently 33,945.

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Seeing so many ups and downs in the market makes me doubt anything that says 100%. But still, I would give it a chance and try my luck and see what it gets me that others don’t.
 
Closing price of the Dow Jones - Thursday the 24th June 2021.

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Closing price of the Dow Jones - Friday the 25th June 2021.

As I have said previously, I think the DOW is attempting to get to all time highs.

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Closing price of the Dow Jones - Monday the 28th June 2021.

My "BATSONAR" trading system is NOT giving a "Sell" (short) single at this present time. I still believe the DOW will attempt to get to all time highs over the mid-term.

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This is my TRIX indicator and as you can see it has crossed the zero line back into the GREEN which is a "Buy" (long) signal on the DOW. I am currently using 30 indicators in my "BATSONAR" system and 23 are giving a "Buy" signal on the DOW. Personally I think the DOW is going to attempt to get to all time highs in the mid-term. DOW currently 33,945.

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So far this "Buy" (long) signal turned out to be correct and with the positive close on Friday the 25th June 2021 the DOW Jones had moved 488 points from when I gave the "Buy" signal.
 
Closing price of the Dow Jones - Tuesday the 29th June 2020.

In my "BATSONAR" trading system I am currently using 31 indicators. At the close of trading today on the DOW only 7 out of the 31 indicators are giving a "Sell" (short) signal. I would prefer to see more indicators showing a "Sell" signal before going "short". If the DOW falls tomorrow then more "Sell" signals will be generated by my system.

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