Dow Jones Analysis, waiting for Confirmation of the TrendThe Dow Jones is trading within a Channel Pattern. Waiting for Confirmation of the Trend, whether it breakout above the channel or retraces to the bottom of the Channel.
Dowjonessignals
IMPORTANT BUY/SELL zones for DOW JONES ahead of powell speechTVC:DJI sharing important buy sell zones derived from analysing resistance/support zones on major timeframe to smaller time frame study.
dow has been struglling to move upward since it entered the monthly/daily sell zone and resistance are which dow has been unsuccefull to break since few weeks in past, unless we get something positive and strong news , dow may remain sideways or retest the support/buy zone belowe current market price before moving upside again or
if the news outcome is bad and worrysome, we may see the supportbreak under panick selling pressure and dow may drop till the next buy zone .
DOW JONES upside prediction with levelsDJ: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.
Bearish Gartley In DowjonesPerfect Bearish Gartley
Sell Dowjones Between 33113 - 33353
SL - 33601
Target - 32900 / 32700 / 32500
DOW JONES prediction with levelsDJ: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.
DOW JONES fall prediction with levelsDJ:DJI is following the zones I had mentioned in my last post, expecting more 5-10% fall from here in dow jones.
Dow Jones AnalysisOn 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 Decision On This Analysis.
DowJonesEarly signs of profit booking in DowJones coming up.
Negative RSI Divergence, followed by price rejection & now started to trade below ST EMA.
Resistance 32940
Support 32700-32500-32100
DOW JONES INDUSTRIAL AVERAGE INDEXDOW 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
