Hello traders, DJI in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe. In the wave count that has been done. The main waves 1 and 2 are complete. As we said in the previous analysis, it is possible that the main wave 3 is not over and we are in the wave 4 of the 3rd wave. From wave 3,...
Dow ..bullish satup... Looking for 38300-39900 in few weeks... If hold above 33900..
Dow Jones has important support at 33868. Next support at 33599. If that gest broken and sustains for few sessions, we can see significant fall in stocks. To resume uptrend, resistance of 34833 has to be crossed and sustained.
Dow jones index is well under pressure. Will find resistance near 35256. Bullish bias only and only if closes above 35757. Like... Share... Follow... Profitable Trading....
Target 29.63 around 02 December 9:30 eskeddittttttttttttttttttt
DJI isnt looking positive atm .. might retest 35600 and if closes below the trendline might give a big fall towards 33800 !
Next rally will be massive and correction will wll ruthless too after that.
If 35467 is taken out then we are headed towards 37400 levels
On Oct1, $DJI made a bullish candle on good volume right on the lower median line(support line) of pitchfork. Also a number of indicators are showing bullish divergence. All this points to a bullish reversal. **I will be posting ideas for my own journal-ing and learning sake and to hopefully spark up educational discussions. Please do not construe them as...
Today DJI starts gap down and continue down turn. Closer look ... Details in the Chart
Big rally is on the way in this stock . Buy at every high target is bigger to than before
Looks like a great point to buy IT Stocks. NASDAQ has almost retracted to 50% of its Fibonacci retracement If we see this could be the end of the second wave(downtrend) and there would be a more dominating third wave(uptrend)
market behaviour from september to december . last 3 year has been bullish
Simple positive reverse divergence. While the world is thinking of crash, I am of the opinion that DJI will not only move up, but it’s also up to make a new high. White line is the Target. This is just a chart pattern discussion. Please trade your hard-earned money on advice of a registered stock market expert. I am a newbie trader :)
Megaphone Detected In Dowjones Closing Price - 33290 Buying Zone - 33290-32900 SL - 31999 (WCB) Target - 37000
you can see here it is moving in 5th wave so now we can say that it may reverse from between those green lines which are 38% and 50%