Dow Jones: Monthly view17 month Bull rally in danger.
Still early days, but once on monthly basis Dow closes below 33800, carry short Target 28500-29000 in next 2-3 months SL 35500
Dowjones
dow jones bullish butterflydow will make new highs it is falling just to make pattern and follow it
it can rise from any of the yellow trendlines and will surely bounce from lowest yellow line
Dowjones going towards 36078The resent pattern formation of Dowjones looks to be making a Flag formation and a rising flag.
I am of belief that this will make 3-3-3-3-3 zig zag movements in this flag.
3 days ago, if Dowjones have not closed above the bottom trendline, then i would have thought of this as a diverging broadening pattern.
But closing above the bottom trendline comfortably is the confirmation that this is a FLAG pattern and that DJIA can move upto 36078 before gain falling to meet to lower trendline.
Traders, should wait for a dip of 300-500 points and then go for long to meet 36078.
DOW JONES INDUSTRIAL AVERAGE INDEXA wolfe Wave has been spotted in DOW JONES. Although there are no clear signs for reversal but it definitely calls for being cautious,until & unless it is not discarded.
CHART BY - ADARSH DEY
Dow Jones - Ready to Fall BIGA Long Wedge has been broken in Dow Index.
33,850 is the level to watch out for, if it can provide some support or not. Otherwise, big fall expected.
Fall comes when no one expects it ;)
dow jones bearish batdow is getting ready to fall atleast 614 points after it goes below upper yellow line
Doww JonesAs predicted in the supportive study below.
35977 was a strong hurdle and not able to sustain above that.
heading to sub 34000 levels soon
Dow Jones will make a new high ! Simple positive reverse divergence.
While the world is thinking of crash, I am of the opinion that DJI will not only move up, but it’s also up to make a new high. White line is the Target.
This is just a chart pattern discussion. Please trade your hard-earned money on advice of a registered stock market expert. I am a newbie trader :)
** MONTHLY(SEPTEMBER) ANALYSIS OF VARIOUS SECTORS **I on behalf of the Advisory has tried to analyzed all the sectors provided time was limited.
Including various Indices.
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Dow Jones.......... Still upside left?Bulls are in control.
But a very range bound movement seen..
Trade the levels marked...
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# If you ask me can i buy DOW JONES FOR LONG TIME i can't agree with you.
#DOW JONES CHANGE THERE TREND EVERY DAY THAT'STHE ONLY TIME YOU CAN MAKE PROFIT THAT'S WHY I LOVE THIS TRADE.
# this time DOW JONES OVERBOUGHT great time to PUT(PE) but only for 1 Day.
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Dow... What next...Bearing a channel support zone...
Also nearing very good bounce back zone... market in green line...
Happy Trading...
Enjoy....
Expanding triangle formation in DOW It looks like an expanding triangle is forming in wave 4 of in dow jones post which it should again go for a new high before that it must test 34600
Triple Top In Dow Jones In Daily & Weakly Time FrameTriple Top In Dow Jones In Daily & Weakly Time Frame
Megaphone Detected In DowjonesMegaphone Detected In Dowjones
Closing Price - 33290
Buying Zone - 33290-32900
SL - 31999 (WCB)
Target - 37000
Double Top for Dow JonesI guess 34800 pattern could be taken as a Double Top situation for Dow Jones and only a breakout above it would take Dow Jones back to its previous levels of 35000 and above.
DJI - Close at support level -DOW Jones has taken support at crucial support level. Wait for follow up candle for follow up levels. Buy above first resistance
DOW JOHNES--> Living on the edge at crucial resistance The above references an opinion and is for information purposes only. It is not intended to be investment advice. Seek a duly licensed professional for investment advice
DOLLAR INDEX USD INR ANLYSISUSD INR:- it is working as per our analysis. it reverted from 73 and both targets were well achieved 73.44 and 74.20. Now it is sustaining above 74.20, so it may test 74.68 to 74.74.
It has inverse relation with nifty so correction may come.
Dow also has at major resistance as per chart 35500.
DJI ---- bullish / bearishyou can see here it is moving in 5th wave so now we can say that it may reverse from between those green lines which are 38% and 50%
