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IIMA_Brat
Mar 22, 2022 9:50 PM

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

Dow Jones Industrial Average IndexDJ

Description

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.
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