yvatsji

DOW HAS STARTED ITS FINAL JOURNEY TO UP DIRECTION SEE HOW!!

Long
TVC:DJI   Dow Jones Industrial Average Index
UPSIDE JOURNEY OF DOW JONES STARTED TODAY
1. DOW MADE UPPER END OF RED CHANNEL IN FIG. FEW DAYS BACK. BUT IT WAS SEARCHING THE LOWER END OF CHANNEL WITH PERFECT ANGLE . TODAY THE LOWER END IS FORMED. LOCAL DISTIBUTION IS GOING ON. VERY SOON JOURNEY FROM CHANNEL END TO WHITE ZONE OR UPPER END OF CHANNEL WILL BE COMPLETED.
2. AS YOU ALL KNOW STOCK MARKET IS GAME OF PROBABILITY SO ITS LANGAUGE IS CONSIST OF CONDITION (IF) THAT YOU SHOULD KEEP IN YOUR MIND. A BLUE COLOR LINE IS GIVEN THAT IS SUPPORT IF BREACHED THEN LONG SENTIMENTS WILL CHANGE TO SHORTS.
3. THE LONG STRUCTURE WILL DISTORT AND CONVERT INTO SHORTS. ONE WHO IS ABLE TO SWITCH ONE'S SENTIMENTS AT RIGHT TIME BECOMES WINNER OF TRADING.
4. THIS WOULD BE THE FINAL UP JOURNEY. AFTER THIS LEG DOW WILL RESUME ITS INTERMIDIATE TREND .
5. LEARNERS SHOULD UNDERSTAND THE FORMATION OF CHANNEL. IT IS ALWAYS NOT ESSENTIAL TO FIND CHANNEL FROM LOWER BAND. SOMETIMES LOWER IS FORMED LATER.
REST MARKET WILL DECIDE.
YOGESH VATS

Comments

Sir, I see Dow has reached the white upper line, does this suggest the Dow will start its journey back to Blue support line and when that taken-out down trend resumes? OR the structure has changed and there is still steam left Dow to go higher?

Thanks for your Analysis which helps people like me who want to learn this skill of Chart analysis and trading.
Reply
yvatsji vaibhava135
@vaibhava135, yes till now you understood correctly.
Reply
I think I post it on the wrong chart! I was referring to Nifty! My apologies!!!
Reply
Hats off to get it so very correct! Despite all my misgivings about DOW you are bang on target.
Reply
yvatsji sanketsudan
@sanketsudan, thank for acknowledge. 🙏
Reply
Great work
Reply
Thanks for recognition.
Reply
dow and nifty looks like made for each other. both behaving same pattern. great sir
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out