Ascending Triangle in Dow JonesDaily candle closing above the mentioned level will confirm the Break out.
The levels are the expected target in the chart.
All the analysis and levels are only for educational purpose.
Dowjones
SPX towards a new life high in sessions to comeCircle areas represent trendline support
strong reliable breakout in spx 500
it suggest US market to blast big from here and no surprise we can see all time high in month to come
the weekly breakout suggest continuation
IMPORTANT BUY/SELL zones for DOW JONES ahead of powell speechTVC:DJI sharing important buy sell zones derived from analysing resistance/support zones on major timeframe to smaller time frame study.
dow has been struglling to move upward since it entered the monthly/daily sell zone and resistance are which dow has been unsuccefull to break since few weeks in past, unless we get something positive and strong news , dow may remain sideways or retest the support/buy zone belowe current market price before moving upside again or
if the news outcome is bad and worrysome, we may see the supportbreak under panick selling pressure and dow may drop till the next buy zone .
DOW Bullish Candles on Hourly ChartsDOW is up 1% in todays trade showing strength & further upside can be seen in coming days.
New Peak on World Indices to follow soon including NIFTY.
Dow jones Index Dow jones 34250
Index is facing price rejection around 34350-34600 range.
If index is not able to cross above 34600 range and sustain.
Pre assumption of harmonic pattern formation, resistance as per previous swing high levels.
would act as stiff resistance, reversal from current levels would lead to steep selloff in index.
down side levels of 32500-32000-31500 possible..
Bulls time be cautious
Nasdaq ixic indexIXIC index CMP 13550
Today index registered high around 13594 levels.
Ascending parallel channel resistance around 13580-13630 levels.
Bearish divergence on RSI, with respect to price.
Index if not able to sustain at higher levels, can give sharp reversal.
1000-1300 lower side possible as per channel structure.
Bulls time to be cautious
IF DOWJONES MANEGES TO BREAK ABOVE?Dowjones made inverted head n shoulder pattern on weekly scale, although its not confirmes yet, If Dow manages to break above 334250 then it ll get into one sided bull run.
Lets wait patiently or sell on very rise with stoploss above 34250.
Exit all short positions once it gets past 34250.
DowJones 3% upside in 3-5 days - Hourly BuyDOW Jones Hourly chart is showing Bullishness ... 3% upside in 3-5 Days possible.
We should see 3% Rally in World Markets including INDIA in coming 3-5 days timeframe.
Nifty 18600*1.03 = 19100 --> 500 Points Rally in 1 weeks possible.
Bearish Crab In DowjonesBearish Crab In Dowjones
Sell PRZ - 34310/34359
SL - 34501
Target - 33750/33500
Dow Jones Index Weekly levels May 29- April 2
Buy Above 33156.15
Buy Targets 33259.50 33362.28 33445.35 33528.42 33646.70 33718.51 33963.50 34232.43
Sell Below 33030.55
Sell Targets 32927.20 32824.42 32741.35 32658.28 32540.00 32468.19 32223.20 31954.27
S&P500 indexS&P500 index is looking good for a rally in the coming days , with a downward trendline breakout showing a possible trend change in the index , and also a good inside bar breakout on monthly time frame , retest is done and if this monthly candle(MAY) manages to close above the zones of 4140 , a possible bulll momentum of 9-10% can be seen in the index in coming days , view will be invalid if monthly candle closes below 4140 levels , SL will be 4020 levels if monthly candle closes above 4140
Dow Jones Daily TF AnalysisDow Jones couldn't break the Inverse Head and Shoulder formed on daily TF. now has formed Double Top. A daily candle closing below the white cline can give the 2 targets on the downside marked with red line. For aggressive traders an hrly candle closing below the white line can go for shorts.
DJI trend analysisCurrent market movement looks like a beginning of a downtrend according to Elliott wave theory.
A small pullback taken by the market and from point A it's taking resistance.
confirmation of downtrend would come if point B breaks and market continues to rally down.
dow jones wave strategydow jones move upside 5th wave
use 2 or 4 trendline break price go down side start wave abc corrective wave
US markets : A view of big move comingwatch chart. us market on verge of a big big move to 36500+++ or below 30000
Disc : for educational purpose
Dow Jones ShortDow Jones trading at upper range of trendline currently and are resisting to cross from last 5 trading sessions, if it did not cross then you can take a short trade below the recent low with stop loss of current recent swing high.
SPX 500 ANALYSIS trading above 20 & 50-period average
trading now well above earlier resistance areas
should approach previous hurdles at 4225, which if sustained can continue towards 4450-4480
Dow Target 32000once again Dow price rejection at previously discussed several times as resistance and distribution area as shown in chart. Rejection is very clear with diamond pattern indicating bearish trend towards target of 32000 which is previous seen support.
DOW JONES upside prediction with levelsDJ:DJI dow jones can go upto33630/33690 above 33543,
if breaks 33699.87 and styas above it, then dow can reacy upto 33862/33902 levels.
