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 :)
Dowjones
Dow Jones.......... Still upside left?Bulls are in control.
But a very range bound movement seen..
Trade the levels marked...
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#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....
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.
Dow Jones will show you Targets given in chartDow Jones may show you targets as shown in chart within 3-6 months