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
Dowjones
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.
Dow Jones Daily view - lIKELY 28100+27450 now becomes strong support
Seems DOW HEADING TO 28100+
27250 levels are now strong support zone
Dow jones Fib Retracement is around 0.618Dow jones Fib Retracement is around 0.618 fromt the March lows. now you may be saying why are you publishing dow index when our main index is Nifty50. just to show that the dow is coming out of bear market and we are not have come out of bear market. we are at the retracement level of 0.38 to 0.40 which means we are way behind global markets. so what does it indicates. it indicates that we are going to align with global markets in june or july so what does it mean, either golbal markets has to come down to our levels or we have to rally upwards to align with them. so take your position accordingly.
Dowjones Longterm TrendDowjones Mutifold rally may have to an end at the start of 2020......After correcting from near 30k levels to 18 k levels we may be seeing a counter trend rally....counter trend rally has now been reached near 25700 levels.....if this analysin is right max higher probability is near to 26,800 from there a drastic fall could come into play.....
Dow Jones [ Intraday ]Multiple bottoms @ 24150- 24160 levels ---- suggest good support at these levels
Above 24660 More Bullishness..