Dow may goes down to 20650 levelsDow may fall by 2100 points (only for educational purpose not a recommondation)
DOW
US10Y & SP500 | CRISIS ANALYSIS - BANKING SYSTEM MELTDOWN*From oct 2018 to dec 2019 there is very strong divergence of -42% between falling US10Y and rising S&P 500.(On every falling US10Y there is average of 60% correlation with S&P500).
*Corona virus Activated the convergence process and covered almost +70% to set the overall correlation at +34%.
*There is remaining 30-40% convergence left to align US10Y and S&P500.(Expecting alignment on lower trend channel).
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.
NIFTY 3 MONTH CANDLE WITH BOLLINGER BANDSBOLLINGER IS TELLING US MAX NIFTY CAN STRETCH THAT IS LOWER LINE OF BOLLINGER BUT FIRST SUPPORT 5 LINE OF PIVOT MAY BE TESTED THEN LAST GASP IS LOWER LINE OF BOLLINGER YOU CAN SEE IN MY PREVIOUS IDEA NIFTY MAX STRETCH IN THAT AND WITH BOLLINGER BAND IS APPROX SAME
DOW AND S&P500 TRADING HALTED AFTER HITTING CIRCUITS
One chart to SCARE THE HELL... Its one scenario that I have been looking for. Also anticipated that down move from top before it happened and now if it follows my structure then we will see the all time low in history. I don't know how it will look like then but its gonna worst situation we ever seen. I hope we all gonna survive this.
Dow Jones 26 Feb 2020 - Indian Traders & Worldwide Traders As asked by many Indian and overseas traders about Dow Jones. I updated live on social media platforms that a big bear hammer is going to strike dow jones in this week.
As I post dow jones is trading = 27410 with a low at 27402.
Support for dow = 27219-27402
Expectation
Low hit today evening or early morning tomorrow , range bound session could continue for 24 hours
My trade
I'm trying to buy this dip
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.