Inverse H&S on Daily Chart breakout & retest complete. Shoulder tgt already achieved. Levels are marked on chart.
Bearish Crab In Dowjones Sell PRZ - 34310/34359 SL - 34501 Target - 33750/33500
Dow 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.
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, 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...
DJ:DJI dow is all set to break weekly support and strt journy for mega correction in next coming weeks, be sure to take confirmation of support break and retest for positional short trade, might take a couple of days if support is not broken today, but it will break for sure.
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.
The 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...
: entry & exit is very important : try to manage money management : know your stop loss : find the chart pattern / analysis the chart before you enter
Megaphone Detected In Dowjones Closing Price - 33290 Buying Zone - 33290-32900 SL - 31999 (WCB) Target - 37000
Buy Dowjones At Cmp 33972 SL - 33499 Target - 1:1, 1:2, 1:3
Dowjones Heading For 37000/40000 Range Breakout + Channel Breakout
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...
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