16th October / 6:58 PM IST What is next possible Move for DJI ❓Technically. 1️⃣ As we can see, DJI is in HHs and HLs upside trend. With recent high small Flag Target is achieved so profit booking is expected. ✅ 2️⃣ Along with it, Index is above 100EMA again bullish trend it confirms. View wise Market is Bullish and new upside Target can unlock ...
Symbol - DJI DJI is currently trading at 43245 I'm seeing a trading opportunity on sell side. Shorting DJI Futures at CMP 43245 I will add more position if 43500 comes & will hold with SL 43750 Targets I'm expecting are 42370 - 42000 - 41500 - 40640 & 40350 Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my...
Dow Jones has Breakout of the Channel Pattern and continues its Uptrend. The First Target is $44,309, and the Second Target is the Top of the Rising Channel Pattern. I want to help People to Make Profit all over the "World".
The Dow Jones is trading within a Channel Pattern. Waiting for Confirmation of the Trend, whether it breakout above the channel or retraces to the bottom of the Channel.
In Merck & Company, a Rising Channel Pattern has formed, and the Trendline has Breakout below. The Target is the 0.5 or 0.6 Fibonacci Retracement levels, with the Potential to Achieve a +13% Profit.
- Dow Jones is currently trading at 40,2584 - DOW showed us a major sell-off as well where all its major constituents getting slaughtered - Dow still has a better price action when compared to SPX & NAS - Dow is also waiting for the CPI print to be laid out and then only we will see a possible bounce back
WALMART: Bearish: Overbought alert: Impact on Dow Jones Be careful with Walmart as you can see cocoa and st microelectronic also rose to very very high historical levels and look at the correction that we had immediately after at least 40% drop This action can have a significant impact on the Dow Jones A strong correction could lower the DJIA index I alert you...
NSE:NIFTY ❇️ Good trade setup in Nifty50. ❇️In daily time frame there is continuous buying. From straight 14 days. Not a single candle closed in red. ❇️ Now as per the pmi data of us. (Ecomomy) Above estimate which is not good for the us markets. Thats why dow jones crash more then 700 points. And nasdaq slip over 600 points. ❇️ Nifty forming symmetrical...
Inverse H&S on Daily Chart breakout & retest complete. Shoulder tgt already achieved. Levels are marked on chart.
Dow on daily chart looks bearish. Sell on close below 39800. On one hour chart it is bullish but being resisted at 40750 levels. for Monday Buy above 40775 . book profit at 50/100 points depending on your risk reward levels or trail with stop loss. Sell on close of one hour candle below 40370 . Ramakrishnan
DOW JONES US30 CMP 33980 Bullish H. pattern triggered at 32850 from there it gave fabulous rally of 1200 points++ Now if sustain above 34000 Fresh Bullish Moves possible target 34150 / 34300 / 34450++ Regards.. Keshav... 16/10/2023
US30USD 4H Projection. Dow Jones in ranging from last 10 Days. The overall trend is bullish. 4H candle give confirmation for long.
Symbol - DJI Dow Jones is currently trading at 39850 I'm seeing a trading opportunity on sell side. Shorting DJI at CMP 39850 I will be adding more if 40050 comes & will hold with SL of 40200 Targets I'm expecting are 39115 - 38585 - 38175 & beyond. Disclaimer - Do not consider this as a buy/sell recommendation. I'm sharing my analysis & my trading...
US Markets are showing a lot of resilience and I do not expect them to collapse like many are claiming. If US Holds its levels, we will also remain strong during this pre-election rally. TVC:DJI
Bharti Airtel has finished Wave 5 according to the Elliot Wave Theory and is poised for a correction. We're currently anticipating a strong follow-up candle to the recent Lower High (Spinning Top Candle), which could signify a trend reversal. ADDITIONALLY, ENDING DIAGONAL TRAIANGLE CAN ALSO BE SEEN.
The current market cycle looks eerily similar to the 2005 - 2010 era. Dow started going up after the last rate hike in expectation of a rate cut and eventually peaked around the time the cut started i.e. Sep 2007. Very similar behaviour is evident in current cycle where market has been rising since the last rate hike. If the Fed cut is expected in June 2024, then...
- Dow has been moving impulsively for the past months - The important outlook here is that the trend is slowing down and one rebalancing is needed - You can keep longing as long as Dow doesn't invalidate 38,900 post that you still need a confirmation - Calling the TOP out here is stupidity - follow the trend and long whenever you see deep retracements
As per chart Nasdaq showing reversal from support. It may run to test it's all time high soon.