D-DJI
DJI @ Major Supply ZoneDJI closed @ 22645.
On the upper side, there is a major demand zone @ 22600-23250. We may see higher levels if it will sustain above this major supply zone.
Important level for DJI 21518suppose to sustain above 21494, price push more up 300-400 point s on DJIA.
Valid R 21518
=> There's still a chance to push price 20532 and 20415 if the price is trading below 21518 .
Exactly resistance was taken as yesterday predicted.
DJI is near resistance...danger if remains below 21600DJI is near resistance...danger if remains below 21600. lets see where it closes. Down cycle is again started and it will not broken unless resistance is breached
DJIA, Gap(-661p) down adn Resistance 21518
R 21518
Below this level target is 21094(breakdonw) , suppose breakdown this level will push price 20532 and 20415 .
Recent, GAP was almost 661 points which is -ve for DJIA.
If suppose price close above 21518 will push price upward. (low chance)
SHORT SIGNAL ACTIVATED - DJI ( DOW JONES INDUSTRIAL) *A very strong Resistance @ 21200 which made a strong reverse pull candlestick to touch previous day close even surpassing the gap.
*A well suited ABCD pattern which is supporting our decision.
DJI trading very near to its major demand zonesDJI trading very near to its major demand zones on both weekly and monthly charts. Yesterday DJI closed in its major demand zone @ 18800-19300 on the Monthly chart. Next week if it will sustain below this zone then it may test its minor demand zone @ 18000-18500 and in the worst case, it may test its major demand zone @ 17000-17500. Due to the volatility, these zones levels may extend up to + or - 500 points.
Dow Jones (DJI) weekly chart study - Megaphone (Broadening top)Dow Jones (DJI) weekly chart study - Megaphone (Broadening top)
dow jones if broken below 1000 more points coming in a hurrydow jones if broken below 1000 more points coming in a hurry and many more till the trend is safe
Expecting a bottom in Dow / DJI between 22100 -22800 levelsExpecting a bottom in Dow / DJI between 22100 -22800 levels. Trend lines indicate probability of these levels.
Dow Jones DJI making a 61.8% retracement. Bounce on the cardsDow Jones DJI making a 61.8% retracement. Expecting a bounce very soon.
Short the dow with a stop just above 29150 for great R:R trade.This is a very strong resistance right above us. Can short the down here with a 100 point stop looking for a 500 point gain. With a 1:5 rr its a good low risk opportunity.
Dow Jones comfortably in safe zoneDow Jones is comfortable above 26000 which was a key level. The was gap up has happened in the last session is the indication of strength. It is now above 50 EMA which is another sign of strength. With RSI above 52, we are in bull phase as of now. Next resistance expected around 26700.
Dow Jones (DJI) hourly chart analysis - Symmetric TriangleDow Jones (DJI) hourly chart analysis - Symmetric Triangle.
Nifty | Today's market Good Morning, everyone
Yesterday, DJI tanked more than 2%.
the main participant was Aapl (apple -> news related to lower sales number).
we will see the effect of that in over markets.
go short for today's day(no long position in any companies).
Best of luck.
Dow Jones | DJi | negative signs | have a distanceOn the last Friday, DJI has tanked almost 2%.
after the 2008 recession, this is the first time we are observing a heavy pressure. World markets are also showing negative numbers.
no one will tell you to have a distance from the market, because they will short on your positions.
In the market, everyone wants the profits.
be aware, you will make money if you learn not to lose money.
they will start pramotions about recession when they want to give panic to all and have big profits.
if you are holding solid companies then not to worry. 2019 can be 'no profits' year but it will be a good opportunity to add more.
