Dowjones
DowJones Dow Jones is trading in the Raising Wedge . Untill Broke on the either side expected to be consolidated zone . once its broke expected to be 200-500 point movement . As of now i am expecting the Breakout in the downside Lets see .
DOW JONES (DJI) BOTTOMI have caught the exact bottom of this swing and my Algorithms are predicting next bottom.. This is very strong signal like before.. I think this bottom might be the multiyear bottom. I have shown the range to accumulate the Index or many stocks at that time. I hope U will buy the bloodbath at that level.
I think most of the people will going to panic at that level but I will be buying the once in lifetime opportunity.
View on US30If you like my analysis, do not forget to follow me for such regular posts. I am very close to 100 followers.
This is an educational post and all the opinions provided above and on charts are simply speculation. Nothing is 100% in stock market.
Consult your financial advisor before taking trades
I do not recommend taking trades according to my analysis as you may incur loss, for which I am not responsible.
Trade carefully
Grateful🙏
Dow - Weekly trading setupFor the week 20-24 July
Bullish above 26728
Bearish Below 26447
View Likely to be consolidation mode
May flare up on any Stimulus Package move.
Corona Pandemic 2nd wave can keep bulls incheck.
This study is in context with the monthly view on Dow in the attached chart below.
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Dow Jones - Range BoundAs we are observing since weeks, this is moving in a range bound even federal and Trumph trying many ways to keep future full of optimism. Later move came from oil price again positive from destructed value. US -trump putting allegation on china and business war so on.
PS - One negative attitude or any bankruptcy will take away the this rally, keep caution while long. Sooner or later price will definitely move, but remember how much profit you expecting and what's your goal set for. Chose only those stocks/companies who have great vision and can establish good foundation. leadership quality can only participate in this pandemic.
Any of your views and remarks, welcome to participate.
Dow daily time frame bearish harmonic Dow region of confluence of bearish harmonic pattern with 78.6% fibonacci level in daily TF
Short in the range 27150-27200, SL 27400 15 min closing basis, Target 200-2000 points
DOW - triangle breakout - long Dow futures after giving a false breakout and today has given a strong fresh breakout that may sustain
if it is able to take down the resistance today, it may start its journey towards the target mentioned in charts
There is a possibility of slight consolidation as well if it struggles with the resistance
details on charts
Happy Trading
Dow bearish harmonic daily TFUS30 bearish Harmonic in daily TF.
Short region 27150-27200
SL 27400, 15 min closing basis
Target 200-1200 points
Region of confluence also happening at this zone with 78.6% fibonacci level of the dow all time high to March lows
ALWAYS HAVE A LOOK ON DOW JONES TO UNDERSTAND GLOABL SCENARIOTo Anticipate the Nifty 50(INDIA)
Always analyze Dow jones, Nasdaq and SGX Nifty to have a clear cut view while trading
So that you can anticipate the point of reversal or sideways or trending market with extra benefit of 0.55% more than others who don't analyze these.
Gann fan analysis Dow Jones. Target 23380 in a few months.As seen in the figure, the Gann fan shows the movement of DOW over the previous decades. Looks probable that the present rally may not sustain and we will see a fall back towards the lower line. So in that direction, the first major stop maybe at the horizontal trend line around 23380 .
DOW - interesting like always DOW seems to be moving to test the upper trend line after forming a bullish harmonics in 1 hr pattern
it may face some resistance in .618 fib lvls
would be interesting to see where it moves after touching the upper trend line
Happy Trading
Dow Jones intraday trading levels...Intraday in downtrend... every rise sell...
On the4 upside 26702 & 26281 strong resistance....
Probable targets... 25726/25696/25642 ....
Dow JonesDow is doing some range bounded trades. So to go upward it have to break resistance and if it goes downward it have good support at 25850 lvl, If it break this level it have another support at 25140. It can do make this range bounded trade till next week and then it will breakout.