Dow Jones Industrial Average Index Chart Analysis on Weekly Time Frame Postive Signal 1. Up 2% on friday 2. Showing Trend change on weekly time frame 3. Given Breakout and Retest done to trend line Target 1 . Possible Target - 36300 Stoploss / Breakout Fail If Any weekly Candle closes Below...
The general analysis of the Dow Jones chart, the breakdown and stabilization of the price in each of the following areas is important and you can enter the trade in the direction of the same trend.
On daily down first broke the downward trend line, then tested it & formed equal lows there. Whereas on hourly it is showing signs of a shift in market structure, it has already given a BOS & has formed its first HH & HL pattern. If it gives a 2nd BOS & forms another HH & HL then it will become buy on dips for the near term.
DJ:DJI is forming double bottom. Will there be breakout?
DJ:DJI may try to create #wpattern or double bottom on daily / hourly time frames at important support zone of daily time frame, if it breaks below the support level, we can achieve the expected downside targets soon.
DJ:DJI is following the zones I had mentioned in my last post, expecting more 5-10% fall from here in dow jones.
DJ:DJI down fall prediction using supply/demand zonez and support/resistence zones.
Dow 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
Dow Jones - Buy - Sl day low - Targets follow Fibonacci
We have seen confirmation of the Head & Shoulders pattern in Dow and it couldn't go above the right shoulder. We may see Dow coming near to 31000 in coming sessions. To motivate me, Please like the idea If you agree with the analysis. Happy Trading! InvestPro India Team
Is DOW getting ready for big fall on FED commentary?
Dow Jones... factoring in fed rate hike only in range..... This range seems to be for few more trading sessions.... Have marked the range... Happy Trading... LIke ....Share.... Follow....
US 30 will test 34250 if not sustain then 34000 is on card , follow price action.
On a verge of breakout from falling wedge pattern. If happens it bullish sign and for more confirmation need to cross swing high of 35700. All Important Supports and Resistances are drawn in chart. All levels are on closing basis. Please have a look and revert back if you need some more study on it. Disclaimer : Consult Your Financial Advisor Before Taking Any...
Details description are mentioned on charts. This is an assumption no one can trade based on that idea.
This is just a brief idea of what could happen in the week. If any positive news from the FED, the markets could take a nice bullish reversal. Don't carry any short positions just yet. Because shorting from here has very less risk-reward ratio. The harmonics work better when the RSI also concurs. The bullish ABCD pattern when the RSI indicating...
DOW CHART update exactly reverse from given point ...expecting movement as per chart uploaded..
Megaphone Detected In Dowjones Closing Price - 33290 Buying Zone - 33290-32900 SL - 31999 (WCB) Target - 37000