As per limited study April and May should reward bears. Inittial signs of DJIA topping out is seen with my Time and Price study. Rest market is supreme. SL above 39889 (Weekly closing basis) Downside 3000+ points positionally.
Early signs of reversal in us markets, expecting deeper cuts in coming weeks. Stay Cautious.
We can see a minimum decline of till 22000 in next 4-5 years. TIME TO GO SHORT Cheers DT
DJI started itd new impulsive wave from 30 oct 2023 . Now its currently in its 5th wave and also from time analysis it took 18 days in 5th wave . So from time prospective DJI will continue its bull run for minimum 3 days . So apply buy on dips with SL 38200
Namaste! Currently, Nifty is trading near very important levels. This was the important resistance (because of lot of consolidation happening between Jun-July 2021), which became a support after the breakout. It has been tested twice since the July breakout. S&P 500 fell into bear market yesterday as far as daily close is considered. But, I am not convinced 100%...
DOWJONES is trading at very good multiple support zone of 33600-33650, start accumulating at this levels to get most out of it. Buy F.E.A.R dowjones heavyweights & hold with stoploss closing below 33600
Range Bound Between 35200 to 35650. Bullish to Sideways for Today in this range. Strong Support from 35200 to 35000. if break 35000 than only can see trend reversal till than Dow is in Up-trend.
Circle areas represent trendline support strong reliable breakout in spx 500 it suggest US market to blast big from here and no surprise we can see all time high in month to come the weekly breakout suggest continuation
watch chart. us market on verge of a big big move to 36500+++ or below 30000 Disc : for educational purpose
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...
Be watchful. Index is severally fall. Hourly time frame is showing mild recovery. Don't make any long position unless and until Index closed above 1794 aka 1800 level on daily closing basis. For newbies , don't enter in the market. As, Market may not fall immediately from this level ( psychological level of 1700) and market may not sustain at higher level too....
DJI Intraday Level for 13 Feb Selling happened in market
Follow the trend always!! The markets globally are waiting to correct or rally upside more no one knows so just stay with the smart money and follow the trend and you'll make money! My view could be wrong but we can see the markets are in a box for weeks and more the market spents time here more stronger will the breakout be!! I would say it will probably go...
TVC:DJI In Supercycle Degree Wave Five. The Bull Market has long way to go for another 21 years.
On Weekly Basis: S&P 500 (SPY) completed its correction from 4800 to 3490 in its 5 Wave Down. Fibonacci 50% retracement from bottom 2300 to top 4800 ends at 3540, a support level. It fell 27% from top which looks quite healthy from long term point of view. Tech sector has taken a deep hit and looks like it has entered a bear market. It took a support at 3492 which...
Sell below @10830 Target- 9755! If pattern failure break buy above 12210, then target 16770! Retracement done means break 12210! If not 9755!
AMD 1W TF SHORT Formed Head and Shoulder in Weekly Time Frame, Broken the neck line at 76$ range and retested the same. all those are my personal views only.
It seems like the DJIA is ready for a run up on a decisive closing above 33500... What say u guys?