Dow can retest 28600 with a stop below 20860. The base line of ichimoku will be flat for another 11 hours unless Dow makes a new low. watch out for the breakout from the triangle pattern
S&P 500 broke its all time high in previous session will gap up but looking at the structure I think its exhaustion gap. Also, look at DJI, it gave flag pattern breakout on 21 Aug. Interestingly there's a gap border resistance present in DJI at 28400.
Weakness cripping in...... ??? 27653 last hope for bulls.... Share..... Like..... Follow... Just stay tuned....
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...
If you like my analysis, do not forget to follow me for such regular posts. I am very close to 100 followers. This is an educational post and all the opinions provided above and on charts are simply speculation. Nothing is 100% in stock market. Consult your financial advisor before taking trades I do not recommend taking trades according to my analysis as you may...
For accessing this indicator which can be applied to indices, stocks or cryptocurrency, kindly send private message to me.
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 .
The index can trade side-ways after it reaches the target
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...