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DJI - Dow Jones Industrial Index by KRS Charts 16th October / 6:58 PM IST What is next possible Move for DJI ❓Technically. 1️⃣ As we can see, DJI is in HHs and HLs upside trend. With recent high small Flag Target is achieved so profit booking is expected. ✅ 2️⃣ Along with it, Index is above 100EMA again bullish trend it confirms. View wise Market is Bullish and new upside Target can unlock after its breakout from above Red Resistance zone as we can see in Chart. 3️⃣ In case of correction all the supports are marked in Charts will possibly help market to Bounce back from those levels. 4️⃣ Despite of all lower support my view on DJI will stay Bullish until it will break Green Support Zones and stay underneath of 100 EMA ⚠️⚠️
TVC:DJI
by KRSCharts
2
Dow Jones - Range BoundAs we are observing since weeks, this is moving in a range bound even federal and Trumph trying many ways to keep future full of optimism. Later move came from oil price again positive from destructed value. US -trump putting allegation on china and business war so on. PS - One negative attitude or any bankruptcy will take away the this rally, keep caution while long. Sooner or later price will definitely move, but remember how much profit you expecting and what's your goal set for. Chose only those stocks/companies who have great vision and can establish good foundation. leadership quality can only participate in this pandemic. Any of your views and remarks, welcome to participate.
TVC:DJI
by UberTradeSquad
S&P-500 to resume its downtrend?Price touched 50% retracement level of the recent crash as well as the upper band of the ascending channel which is a bearish pattern. There is high probability that the price is going to reverse and resume its down trend after breaking the channel support. N.B, Please note that this is a market study based on my knowledge and experience and not a trade suggestion for anyone to follow. I shall not be responsible for the outcome of a trade taken based on this view.
UShort
by ssen