IS DOW GETTING READY FOR 2300 POINTS FALL?We have seen confirmation of the Head & Shoulders pattern in Dow and it couldn't go above the right shoulder. We may see Dow coming near to 31000 in coming sessions.
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DOW
Dow JonesDow Jones... factoring in fed rate hike only in range.....
This range seems to be for few more trading sessions....
Have marked the range...
Happy Trading...
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Dow Jones AnalysisOn a verge of breakout from falling wedge pattern. If happens it bullish sign and for more confirmation need to cross swing high of 35700.
All Important Supports and Resistances are drawn in chart. All levels are on closing basis.
Please have a look and revert back if you need some more study on it.
Disclaimer : Consult Your Financial Advisor Before Taking Any Decision On This Analysis.
DOW is Bearish.!#Dowjones - Anything below 34600 closing ( 200 EMA level), will open path for 33500-33600 levels.!
Suppetro - HH HL Formation. Fresh BreakoutSuppetro was in a Lower Low Lower High structure. Recently the structure was changed and today it has confirmed the reversal by forming HH HL Structure.
Dow...As said in the attached study its all the way down from 34977 (Monthly bearish level..
We are ultimately heading to sub 33000 levels
Levels marked...
Enjoy
Doww JonesAs predicted in the supportive study below.
35977 was a strong hurdle and not able to sustain above that.
heading to sub 34000 levels soon
Dow Jones.......... Still upside left?Bulls are in control.
But a very range bound movement seen..
Trade the levels marked...
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Dow... What next...Bearing a channel support zone...
Also nearing very good bounce back zone... market in green line...
Happy Trading...
Enjoy....
US MARKET IN DOWNTRENDUS Market will be Down Due to Upper side Capped hovering Near 35000 will come to 34200 before Fed Decision and we will see Further Down Side after Fed Meeting