nasdaq breakout after rally of bull and retest done
#DowJones : 38.2% retracement 29600 (pre Covid high) can be Bo retest Trendline Support so this can be important zone 30000-29500 @thekalal
Now the cmp is 15877. date:2/12/2021 Nasdaq will fall upto this fall one can short boldly. Definietly if will fall no proper zones / level to support You can buy within the specified limit If you will to go long. we can expect short pullback at this point
What a superb breakout above 34000 ! Almost 700+ point rally and it's new high
As 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...
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...
suppose to sustain above 21 494, price push more up 300-400 points on DJIA. Valid R 21518 => There's still a chance to push price 20532 and 20415 if the price is trading below 21518. Exactly resistance was taken as yesterday predicted .
suppose to sustain above 21494, price push more up 300-400 point s on DJIA. Valid R 21518 => There's still a chance to push price 20532 and 20415 if the price is trading below 21518 . Exactly resistance was taken as yesterday predicted.
After Long Consolidation Dow Jones has given a breakout of its daily and weekly trendline. Short Term target 26000.