The 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...
A 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
A 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 is getting ready to fall atleast 614 points after it goes below upper yellow line
As predicted in the supportive study below. 35977 was a strong hurdle and not able to sustain above that. heading to sub 34000 levels soon
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 :)
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Bulls are in control. But a very range bound movement seen.. Trade the levels marked... Like.... Share... Follow...
# WE WILL MAKE ONLY PROFIT💲💲💲 # 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. #I will try to Publish My opinion Everyday. # This is my opinion. IF...
Seems to be an elliott's Ending diagonal in dow jones
Bearing a channel support zone... Also nearing very good bounce back zone... market in green line... Happy Trading... Enjoy....
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 Frame
Megaphone Detected In Dowjones Closing Price - 33290 Buying Zone - 33290-32900 SL - 31999 (WCB) Target - 37000
I 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.
DOW Jones has taken support at crucial support level. Wait for follow up candle for follow up levels. Buy above first 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
USD 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.