IIMA_Brat

US Market has taken a good support, Possible Upside!!

Long
DJ:DJI   Dow Jones Industrial Average Index
Turnaround of markets after 14th March, becomes predictable when we expand our horizon to weekly for a 5-year trend.
Once the price moved above 34000+, It was the first long entry. & Now as it's breaching descending triangle, It is a double surety and a place to add more longs!

The same could also be reflected in the Indian market.
We can expect a good long move in Indian Market too!

P.S.: I don't give much heed to macro news (High Inflation, raising Fuel prices, Rate hikes, &, etc.). I do have faith in the Price actions. I believe, what I see.
Also, standard disclaimer: Use your own judgment to take trades.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.