dow jones move upside 5th wave use 2 or 4 trendline break price go down side start wave abc corrective wave
watch chart. us market on verge of a big big move to 36500+++ or below 30000 Disc : for educational purpose
US30 long from here when it changes character, look for FVG for long position.
Dow 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.
Completed the ABC pattern, Expecting sharp movement in either side.
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
once 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.
DJ: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.
Perfect Bearish Gartley Sell Dowjones Between 33113 - 33353 SL - 33601 Target - 32900 / 32700 / 32500
Dow jones short, enter at 33380-33410, stop-loss at 33430, first target at 33300, thank you.
In charts its clearly distribution and supply zone added with headlines of recession headlines indicating more down side for Dow
it is entering zone of resistance where it can feel heat and spend some time before breakout !
Dow is at a zone where supply was seen previously and today we need to wait and watch for clear direction.... any move above or down will give further direction to Dow today and till friday EOD
Simple explanation of Huge rally would be sufficed with big drop or at least some downward momentum.
Info and trend is similar to that of S&P500 after Feb data and meeting resulting in Sell in Equity and also long term bearish trend for 2023.
Dow Jones, the widely followed stock market index, has experienced a decline in recent days after a strong upside rally from October to December 2022. Technical analysis reveals that the index has broken an important support level and is showing a bearish trend. Additionally a Harmonic bat pattern has emerged, indicating a potential minimum target of around...
dow jones current price 32000 my analysis dow jones regular go down side 5 wave break 31000
I would like to share my analysis on the Dow Jones stock. Currently, Dow is facing stress at the 32587 level which is acting as a resistance. Based on my analysis, I believe it is a good time to take a short position from here. I predict that Dow is moving towards the 29534 level. Thank you for considering my analysis. Best of luck with your trading.