Dow jones short below near 34500 for 300-500 point correction. Thanks And Regards jk
Break below the downward support can give a swift correction
you 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%
Expecting a small pull back and some further correction.
Downside levels for DJI if it continues to correct further. It have already broken down the upper channel and now may test the given levels if breaks 50EMA as well which is currently acted as major support.
Dow jones : it forms double top pattern, Deep correction may come soon. lower levels 32525 and 31750
Dow Jones may show you targets as shown in chart within 3-6 months
dow can bounce off any red lines as for shark pattern lower range can be 1.13-1.618 for now it is trying to bounce off 1.13 . let the price action do its work
Buy Dowjones At Cmp 33972 SL - 33499 Target - 1:1, 1:2, 1:3
Buy Dowjones At Cmp 33950 SL - 33649 Target - 1:1, 1:2, 1:3
What a superb breakout above 34000 ! Almost 700+ point rally and it's new high
DJCFD:DJI as per my analysis i can see much higher level now on this counter. please trade accordingly if you are trading on this.
TVC:DJI Just for educational purpose. ******whatever charts or levels sharing here are just for educational purpose only not a recommendation. please do your own analysis before taking any trade on them. we are not SEBI registered.