Crypto Market Cap, BTC/USD, ETH/USD, USDT/USD, XRP/USD, Bitcoin
Reliance, INDIABULLS HOUSING, YES BANK, STATE BK OF INDIA, HDFC BANK, TATA STEEL LTD
Nifty, BSE SENSEX, S&P 500, Nasdaq Composite, FTSE 100, DAX Index
US 10Y, Euro Bund, Germany 10Y, Japan 10Y Yield, UK 10Y, India 10Y
DOW FUTURES AT VERY CRUCIAL LEVEL. WATCH OUT. IF ITS BREAKDOWNS THIS LEVEL FURTHER MORE FALL CAN BE SEEN. IF IT RESPECT THE MENTIONED LEVEL THEN GET READY FOR NEW HIGH OTHER WISE BYE BYE FOR EDUCATIONAL PURPOSE.
Dowjones Heading For 37000/40000 Range Breakout + Channel Breakout
VIEW ON DOW JONES ITS FALLED TOO MUCH AND ARRIVED AT THE MAJOR SUPPORT IN PAST THE GREEN LINE IS TESTED TOO MUCH TIMES AND ITS NOT EASY TO BREAK THE MAJOR SUPPORT ZONES, LONG IT UNLESS AND UNTIL THERE IS NO SUCH VERY BAD NEWS EXIST . . . THANKS
Note: This is for educational purpose only. There is a W pattern formation in DJI. RSI however is in neutral zone so need to be cautions. Price movement above the 28200 will see next major upmove.
BUY Dow Jones YM1! @ 27761 STOP LOSS @27671 TARGET @27871
LET US COMPARE MY LAST WEEK STATEMENTS FOR DOW WITH THIS WEEK MOVEMENT. 1. I HAVE ATTACHED LINK OF MY PREVOIUS POST , SENT ON 5TH OF MAY 2020. YOU CAN SEE I SHARED A UPWARDS JOURNEY OF DOW IN THIS WEEK. SAME HAPPENED . IN PREVOUS POST I TALKED ABOUT A RED CHANNEL LOWER BAND WHICH WAS FORMED LAST WEEK. AND FROM THERE YOU SEE UP MOVE. I MADE THE CONCEPT...
UPSIDE JOURNEY OF DOW JONES STARTED TODAY 1. DOW MADE UPPER END OF RED CHANNEL IN FIG. FEW DAYS BACK. BUT IT WAS SEARCHING THE LOWER END OF CHANNEL WITH PERFECT ANGLE . TODAY THE LOWER END IS FORMED. LOCAL DISTIBUTION IS GOING ON. VERY SOON JOURNEY FROM CHANNEL END TO WHITE ZONE OR UPPER END OF CHANNEL WILL BE COMPLETED. 2. AS YOU ALL KNOW STOCK MARKET IS GAME...
Previously, we saw a bevel pattern on the Dow and SP. Now we may have the continuation of the bearish movement.
DOW 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
Expect DJI to recover sharply in couple of weeks.
Support band is between 20887.2 to 22499.8
HEAD & SHOULDER PATTERN ON DOW JONES . WITH STOCHRSI GRAZING TOP & DOUBLE DOJI ON DAILY , WOULDN'T BE SHORTING $BTC NOW AS IT HAS INVERSE RELATION TO LEADING STOCK MARKETS.