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DJI - Dow Jones INDEX Gap Filling ?
As seen in Chart DJI has given huge Gap Down in today’s session and it can head towards its weekly support of 33153.
If Today’s Gap Down is not filled then we may break 33153 level and head towards 31496 or 30996.
If these bearish views are successful then be careful in your long positions since it has been observed that US markets impact other markets globally and Indian Markets (Nifty and Sensex) fall will be more serious.
Disc. : Views Shared for Education Purpose only. Consult your Financial Advisor before taking any position.
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It's a Old Gramophone !!!Yes It's Gramophone Pattern.
50% to 60 % Dump is coming.
Be prepare for it.
But this is the last crash. Huge crash which will drag down Gold,Silver, Bitcoin and also Global Market with it.
But eventually Gold BItcoin and SIlver will recover faster and start mooning.
its 2008 Again.
Fundamental Reason For Crash
1. Lockdown and New Strain of Covid-19
2. Gold All Time High
3. Fundamental Changes In The Banking System
4. Real Estate Bubble also going to Burst
5. New Monetary System is going to come Bretton Woods 2.0
6. Job Crisis
7. Fed is Printing so much money that Debt to GDP is so high so that people losing faith in USD
8.US and China adopting MMT
ETC
Be ready to buy stock at cheap price again.
Every Crash if opportunity to get Ultra Wealthy.
As we have sucessfully predicted 2008 ,2000 crises Successfully.
we are providing this call for free to help people make their fortune.
For more info follow us and contact us.
SOON DOW WILL COMPLETE ITS JIURNEY TO UPWARDS THEN SEE FALL!! 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 CLEARED OF FORMATION OF CHANNELS. THOSE WHO DID NOT READ CAN SE IN ATTACHMENT.
2. I SHARED THE FINAL JOURNEY OF THIS DIRECTION WHERE IT WILL COMPLETE. " D" PHASE OF DISTRIBUTION, ALONG WITH MANY WAVES GOING WITH THIS STRUCTURE.
3. A GREEN BOX IS MADE NEAR GREEN DOTTED LINE. WHERE THIS MOVE IS EXPECTED TO FNISH. A WHITE COLOR SOLID ZONE HAS ALREADY BEEN PLOTED IN LAST WEEK . I WAS SURE LAST WEEK BUT DID NOT TALK ABOUT THAT WHITE SOLID ZONE. SOTHAT LET THE MOVE REACH NEAR TO THAT LEVEL. ALTHOUGH I MARKED IN CHART.
4. YOU KNOW PRICE MOVEMENT ON CHARTS TELL EACH AND EVERY QUERY OF ANY PERSON. TRADERS MISSED IN THEIR ANALYSIS AS ARE NOT SO PERECT TO READ THIS UNIQUE LANGAUGE. SINCE MY FIRST POST I DID NOT MISS IN ANY CHART . BECAUSE I LOVE, ADORE THIS FANTASTIC LANGAUGE OF MARKET. IFANY DAY I MISS THAT WOULD BE MY FAULT TO SYNC ALL IMFORMATIONS PROPERLY. YOU BRING ANY SCRIP OF THIS WORLD MARKET ALL CAN BE READ PERFECTLY. BUT NEEDS LOT OF PERECTION. TO SYNC DIFFRENT IMFORMATIONS IN RHYTHM IS AN ART . AND ART CAN NOT BE LEARNT IT IS ADOPTED TO THE LEVEL OF MASTERING. I TALK ABOUT THE PSYCHOLOGY OF MARKET IN MY TWITTER ACCOUNT, SOTHAT ALL STRUGGLING TRADERS CAN BE BENIFITED.
5. I WANT EVERY TRADER TO PUT INTENSE HARD WORK TO ACHEIVE THIS PRECIOUS LANGUAGE. HOPE GOD WILL HELP ME TO IMPART THIS TO GENIUNE SEEKRS. REST MARKET WILL DECIDE.
YOGESH VATS
Chevron recent rally may be just a corrective pullback.Chevron Corporation: The move up in the last couple of sessions seems to be a corrective pullback. The RSI is now at the bearish extreme zone, the candles are forming bearish patterns. The prices have also closed below the KS & TS lines. The trend down is expected to continue. A close below 115.5 will confirm the trend.
WALMART: Bearish: Overbought alert: Impact on Dow JonesWALMART: Bearish: Overbought alert: Impact on Dow Jones
Be careful with Walmart as you can see cocoa and st microelectronic also rose to very very high historical levels and look at the correction that we had immediately after at least 40% drop
This action can have a significant impact on the Dow Jones
A strong correction could lower the DJIA index
I alert you on this I alert you especially on the notion of "stock market cycle" and "seasonality"
Walmart is overbought you just have to look at your technical indicators RSI, ROC, Stochastic, exponential moving average, Ichimoku, Fibonacci retracement.
We could go much much lower so be careful this action is overbought
Monitor your above-mentioned indicators.
Dow Jones Ind. Future Weekly Technical Chart Analysis 6-10 May📊 DJI Future Weekly Technical Chart Analysis 6-10 May, 2024
🎯 Weekly Movement Point: 38865
🎯 Weekly Range in Points: 1091
📉 Buy Above: 38538
📉 Average At: 38410
🎯 Buy Target 1: 39539
🎯 Buy Target 2: 39956
🛑 Buyer Stoploss: 38175
📉 Sale Below: 38281
🎯 Sale Target 1: 38191
🎯 Sale Target 2: 37774
🛑 Seller Stoploss: 38644
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Dow Future Technical Chart Weekly Analysis for 29 Apr to 3 May📊 DJI Future Technical Chart Analysis
📅 18 June Future
🎯 Range Point: 38452
🎯 Weekly Range: 856
📉 Buy Above: 38472
📉 Average At: 38371
🎯 Buy Target 1: 38981
🎯 Buy Target 2: 39308
🛑 Buyer Stoploss: 38187
📉 Sale Below: 38270
🎯 Sale Target 1: 37923
🎯 Sale Target 2: 37596
🛑 Seller Stoploss: 38555
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Dow Jones Industrial Future Technical Chart Weekly Analysis 📊 DJI Future Technical Chart Weekly Analysis 22-26 April, 2024
📅 18 June Future
🎯 Range Trigger Point: 38210
🎯 Weekly Range: 1175 Point
📉 Buy Above: 38185
📉 Average At: 38047
🎯 Buy Target 1: 38936
🎯 Buy Target 2: 39385
🛑 Buyer Stoploss: 37793
📉 Sale Below: 37908
🎯 Sale Target 1: 37484
🎯 Sale Target 2: 37035
🛑 Seller Stoploss: 38300
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DJI Future Weekly Technical Analysis
Traders gearing up for DJI Future should gear up for a dynamic week ahead, guided by clear levels and a defined weekly range.
Key Levels:
Range Point: 38210
Weekly Range: 1175 points
Buy Scenario:
For traders considering long positions, monitoring the market for an uptick beyond 38185 is crucial. Establishing an entry at 38047 could provide a solid average position. Targets for buyers stand at 38936 and 39385, indicative of potential bullish momentum. To manage downside risk effectively, a prudent stop-loss is advised at 37793.
Sell Scenario:
Conversely, a descent below 37908 could present opportunities for short positions. Sellers targeting 37484 and 37035 should exercise caution. Implementing robust risk management strategies is paramount, with a stop-loss set at 38300 to mitigate potential losses.
As traders navigate the DJI Future, a comprehensive understanding of these levels and disciplined risk management practices will be crucial for optimizing opportunities while managing risks effectively.
Dow Jones Industrial Future Weekly Chart Analysis 15-19 AprilDJI 18 June Future Technical Chart Weekly Analysis 15-19 April, 2024
📊 Range Point: 38243
📈 Weekly Range: 1209
🎯 Buy Above: 38876
🎯 Average At: 38734
🎯 Buy Target 1: 38990
🎯 Buy Target 2: 39452
🛑 Buyer Stoploss: 38473
📉 Sale Below: 38591
🎯 Sale Target 1: 37496
🎯 Sale Target 2: 37034
🛑 Seller Stoploss: 38994
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S&P 500 LOOKING BEARISH S&p 500 index currently trading near its all time high, and perfectly made the evening star pattern at this strong resistance, looking positionally bearish.
Note :- Not any recommendation, just sharing my view for the s&p 500 index.
Do follow for more market updates.
#globalmarkets #s&p500