Dow JonesDow Jones... factoring in fed rate hike only in range.....
This range seems to be for few more trading sessions....
Have marked the range...
Happy Trading...
LIke ....Share.... Follow....
Dowjones
US30 aka Dow jones at confluence of support.US30 is at a confluence of weekly support, the earlier resistance trendline being retested and now acting as a good support, also there is a horizontal supply zone.
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.
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....
Like share follow....