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%
As seen in Chart DJI has given huge Gap Down in today’s session and it can head towards its weekly support of 33153. If Today’s Gap Down is not filled then we may break 33153 level and head towards 31496 or 30996. If these bearish views are successful then be careful in your long positions since it has been observed that US markets impact other markets globally...
Dow jones : it forms double top pattern, Deep correction may come soon. lower levels 32525 and 31750
Wedge pattern breakdown possible. Closing below 34150 can drag DJI to a lower level up to 30600.
Buy Dowjones At Cmp 33972 SL - 33499 Target - 1:1, 1:2, 1:3
Buy Dowjones At Cmp 33950 SL - 33649 Target - 1:1, 1:2, 1:3
Sell In May And Go Away ?? DJI Dow Jones. See Chart
DJCFD:DJI as per my analysis i can see much higher level now on this counter. please trade accordingly if you are trading on this.
Everytime when a stock or index makes new high it won't sustain and to gain excess momentum it would come down. Backtested this very well but i don't recommend jus to follow this anyway if you want to be in game for long term use MULTIPLE CONVICTIONS.
Moving Higher High. above 34260 will be a wedge breakout. Expect a bullish movement above breakout.
SHORT US30USD 1ST TARGET 33660 2nd Target 33570 3rd Target 33380
DJI bullish on monthly tie frame can look for tp 34200 kindly motivate us by giving likes... Disclaimer: Only for educational and learning purposes.
TSLA is looking for long opportunity to take the move to the upside.