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.
Dowjones
DOW is Bearish.!#Dowjones - Anything below 34600 closing ( 200 EMA level), will open path for 33500-33600 levels.!
Dow jones...... perfect trendDow jones is perfectly following teh trends marked...
looks weaker on a longer term chart....
lets track it every week....
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Dow Jones Price Action Momentum Feb to March 22Dow Jones Price Action Momentum for Feb to March Cycle.
As we all know markets has been lit volatile in last 10 days post 15 th January on account of interest rate hike and Fed meeting outcome.
To clear the doubts- I have tried to show the momentum which may happen with the markets based on price action of the Dow Jones.
Dow Jones and other us markets pull back , crypto rallyI believe based on the volume of buying pressure on this higher time frame chart that the Dow will make a significant pull back near the 27000-25000 area.
I also believe we will also see a significant rally across many cryptos.
If i’m wrong then I would look for the market to push volume past the 36000 area and stay above it for at least a month.
Dow Jones (DJI) | Best point for sell🎯Hello traders, DJI in daily timeframe , this analysis has been prepared in daily timeframe but has been published for a better view in 2 day timeframe.
In this index, only the main 1 and 2 waves are formed and from the 3rd wave, the 1, 2, 3 and 4 microwaves have ended and are now inside the 5th wave.
Wave 4 of wave 3 consists of three waves, two of which are formed before breaking the trend line , one wave breaks the trend line , and wave 4 ends after breaking the trend line .
We suggest that wave 5 ends near Fibo 1.618 before the trend line or by hitting the trend line and then breaking the red circle to form a descent for the main wave 4.
🙏If you have an idea that helps me provide a better analysis, I will be happy to write in the comments🙏
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