Dowjones
Dow JonesStrong global cues coming in from yesterday, after Trump has announced a 3-phase plan to re-open the economy.
Dow Jones is showing signs of support around the 23500 zone.
Projection clearly show you direction for DJIPast worked:
If you want deep analysis on DJI, then say me in comment. I will work for you from tomorrow.
DOW JONES INDUSTRIAL AVERAGE INDEXDOW JONES INDUSTRIAL AVERAGE INDEX
Has formed a Evening Star DOJI if the red ink leaks the next day and closes below the doji low the chart can expect major down
Dow Jones, exactly following our resistance...(chance to fall)suppose to sustain above 21 494, price push more up 300-400 points on DJIA.
Valid R 21518
=> There's still a chance to push price 20532 and 20415 if the price is trading below 21518.
Exactly resistance was taken as yesterday predicted .
Important level for DJI 21518suppose to sustain above 21494, price push more up 300-400 point s on DJIA.
Valid R 21518
=> There's still a chance to push price 20532 and 20415 if the price is trading below 21518 .
Exactly resistance was taken as yesterday predicted.
DJI is near resistance...danger if remains below 21600DJI is near resistance...danger if remains below 21600. lets see where it closes. Down cycle is again started and it will not broken unless resistance is breached
SHORT SIGNAL ACTIVATED - DJI ( DOW JONES INDUSTRIAL) *A very strong Resistance @ 21200 which made a strong reverse pull candlestick to touch previous day close even surpassing the gap.
*A well suited ABCD pattern which is supporting our decision.
Dow Jones - Yearly Chart Since 1915. A Wedge Formation. This chart will get updated with fresh data automatically.
You can bookmark the link and check whenever you wish to.
DOW JONES - Long Term PossibilityDow Jones long term possibilty.................... Might be we r forming an expanding triangle structure in Wave 4 of Cycle degree Wave 5. Expecting this triangle to play out till nxt year followed by a final bull run of 3-4 yrs, before the Big Crash !!!
One chart to SCARE THE HELL... Its one scenario that I have been looking for. Also anticipated that down move from top before it happened and now if it follows my structure then we will see the all time low in history. I don't know how it will look like then but its gonna worst situation we ever seen. I hope we all gonna survive this.
Dow's Worst Loss Since '87 CrashThe Dow plunged to its biggest-one day percentage loss since October 1987 as fears the spread of the novel corona virus will pick up pace and usher in a global recession.
Level has been mentioned.
Recovery duration 18 monts.
Disclaimer: Buy Sell is your choice. No Recommendation.
Cheers!
Vikas Gupta
Derivation of Levels for Dow Jones Index : 12 march crashAn Algorithmic analysis for the Derivation of Levels and Strategy for Dow jones Index
Nifty - BankNifty - USDINR - DOWDOW
Monthly Kijun has always been held since the Sub-Prime lows. If 25600-24800 gives way then 22700 would become a possible target
USD INR
Monthly has made a Bearish Harmonic AB=CD.
Weekly has done its minimum Dragon target, further sustaining above 74.75 would take it to 77 to complete its next Dragon target
Daily has also made a Bearish Harmonic AB=CD. Ideally sustaining below 74.25 would trigger a decline
BANK NIFTY
Monthly Kijun 28100-27400 crucial for upside.
Weekly has made a Bullish Harmonic Reciprocal AB=CD also, if that fails to hold then 26500 would become a possible target.
Daily has made a Bullish Harmonic Bat at FRI low
NIFTY
Monthly 1st support at FRI low if breached again then 10550 resistance 11200
Weekly 10850 needs to be held on closing basis else it opens for 10550 and then 9800. It also has a Bullish Reciprocal AB=CD at 10800-10750.
Daily has made a Bullish Harmonic Bat at FRI low.
For it to start reversing and moving up it needs to get above the following resistance lines 11050 / 11200 / 11500
#DowJones trading below January Lows nowPlease ignore the monthly candle as there are still a few days left.
Nifty - Where Does It Goes Next ?Trading Strategy
Plan A
Buying strictly above 12120-12130 only for 12150-12160 / above 12160 for 12200/12250
Plan B
Selling close to 12250 with strict stops above 12275 for targets 12200 / 12150 / 12100 / 11980
Plan C
Selling close to 12080-12100 – Strict stops above 12130 for 11980 / 11750 / 11650 & lower targets in days to come
Plan D
Selling below 11980 for 11750 / 11650 & lower targets. No selling if Index holds or moves above 12000 level.
