I have caught the exact bottom of this swing and my Algorithms are predicting next bottom.. This is very strong signal like before.. I think this bottom might be the multiyear bottom. I have shown the range to accumulate the Index or many stocks at that time. I hope U will buy the bloodbath at that level. I think most of the people will going to panic at that...
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Dow region of confluence of bearish harmonic pattern with 78.6% fibonacci level in daily TF Short in the range 27150-27200, SL 27400 15 min closing basis, Target 200-2000 points
Strong momentum needed for significant move on the downside.
Pls check the chart .. Tomorrow indian market may take a plunge due to DOW fall Happy trading
As seen in the figure, the Gann fan shows the movement of DOW over the previous decades. Looks probable that the present rally may not sustain and we will see a fall back towards the lower line. So in that direction, the first major stop maybe at the horizontal trend line around 23380 .
Hiii i am trader kanishk if you are an investor please don't invest at this level. watch this full video this is a crashing market ahead take it seriously.
Dow is doing some range bounded trades. So to go upward it have to break resistance and if it goes downward it have good support at 25850 lvl, If it break this level it have another support at 25140. It can do make this range bounded trade till next week and then it will breakout.
S&p 500 i am just looking for a small pullback trade not a correction
Dow jones Fib Retracement is around 0.618 fromt the March lows. now you may be saying why are you publishing dow index when our main index is Nifty50. just to show that the dow is coming out of bear market and we are not have come out of bear market. we are at the retracement level of 0.38 to 0.40 which means we are way behind global markets. so what does it...
What we are seeing today might be a smart distribution. Sell recommendation with a target of 24500
Levels are marked in the charts Resistance = Orange Targets = Green
Multiple bottoms @ 24150- 24160 levels ---- suggest good support at these levels Above 24660 More Bullishness..
Dow may fall by 2100 points (only for educational purpose not a recommondation)