Dow jones made lower low yet again Dow jones has making lower lows with lower highs which is not a good signal in upcoming 6 months for USA and other economies such as Nifty.
To know full analysis kindly click on the
Dowjones
Dow JonesDow jones will revert back of area between 28500-28000.
There is a huge demand zone. As mention in chart
DowDow Trading setup
closing above resistance will trigger buying and forming temporary bottom
closing below support will trigger more selling pressure
I'm thing Dow is making a temporary bottom
Good R:R
Nifty index in recession Nifty index, if recession come in market it may correct up to 14400, chart is self explanatory.
India market is strong and in positive movement but US market will lead to down.
It is only estimation as per market rumor's.
U.S DOLLOR CURRENCY INDEX UPDATE U.S DOLLOR CURRENCY INDEX trading on parallel channel. As per analysis it may test 110-111 soon. It is major resistance 110 . There are good chances to cool down after this levels.
DOWJONES LONGNote : Trading in any financial market is very risky. I post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
DJI Seems Weak! S1-30520 & S2-29589 may act as supports.DJI's significant "Strong Weekly Closing" confirmed breakdown. Besides this, extreme volatility spurt in VIX too signaling the weakness. Although i am a learner. But this is somewhat remarkable. So sharing this view!
Thanks
XAUUSD:UPDATE:PROFIT: 145 PIP
Hello
. Analysis update. Based on price analysis, he activated our buying position and moved in the direction of analysis.
We close the position manually.
The profit of this analysis and position: 145 pips
dow making head and shoulders dow making head and shoulders seems like a genuine breakdown but market is king !
Dow Jones technical analysis ahead of FOMCThe US headline CPI data released last week surprised the market with a smaller drop than expected. As such, a higher chance is being given to a 75-basis-points rate hike in the upcoming September FOMC meeting. The US stock market reacted with a major sell-off last week, signalling that the summer rally has overstayed its welcome.
The Dow Jones plunged by 1,300 points or 4.2% last week. The S&P500 dropped by 5.2%, while the NASDAQ declined by 6.0%.
The interest rate decision from the Fed due this Wednesday (UTC -4) will be a significant event for US markets this week. The market is currently pricing in an 85% chance of a 75bps rate hike and a 15% chance of a 100bps hike.
Looking at the current price action for the Dow Jones in combination with the Schaff Trend Cycle indicator, indicates that the downside's strength still present and may continue to stick around. The Schaff Trend Cycle is currently sitting far below the 25 level at sub-5.
However, this indicator’s current condition may also be a sign that the Dow Jones may be oversold. In such a case, we might expect the index to perform a reversal and retest the 31,200 level, before continuing the downtrend. Traders looking for a counter-trend trade might want to watch and wait for the Schaff Trend Cycle to close above the 25 levels.
With the upcoming FOMC meeting and the expectation of a 75bps or greater rate hike, we may expect a reaction to the downside during the day and a hitting of the 30,000-support area. Breaking below the 30,000-demand zone will open up the 29,500 to 29,000 targets.
Market analysis for MondayMarket can be remain postive on monday bcz all global index are in dz and although nifty is at crucial support of 17500
Great Shorting opportunity found at DJIDJ:DJI
Head and shoulder pattern with lower low formation trading in downtrend. DJI seems to fall further in case of breaching below 30800 expecting a target of 30350, 29600 and then 28450, Stoploss should be 32100. As the time frame used in this chart is 1day, target should be achieved in 2-4 weeks.
Dow Jones gonna Sky rocket!!Dow Jones is in a support zone now. There is a high chance for huge buying pressure. I've used a mix of Smart Money Concept + Fibonacci + Price Action.
Buy DJIDow shown reversal in day time frame
use the below trend line for support
every dip is a buy until it breaks
NAS100Nas100 nearing a zone, really interested on how it perfoms from that zone right there.. lets see how it all unfolds
US30US30 nearing a zone, might be looking for further sells from that zone right there, ahead of feds powel
Dow may test 31031 soonDow jones is in correction phase. it may test 31031 soon and also bounce from this level as it is trend line support.
dow jones complete correctiondow jones complete all correction move upside
dow jones go upside wave (a,b,c) and and go down side wave a,b,c this timedowjones move upside im [ulse wave
Dow | bearish viewBearish Outlook, simple charts
*for educational purpose only, trade at your own risks !!
US30Still bearish heavy, on the us30, lets see how it all unfolds, we only get better, remember that
Dow Jones Trade Idea As you can see, there is a trend line formation in US 30 chart. After the breakout, we can buy above the previous high of 31990 and can get the target of 32375 easily. Hope it helped!
Dow Jones where isit headedDouble top in monthly charts.....
going down to sub 31000 levels soon...
lets see weather we can breach the levels marked in coming weeks...
