into demand zoneDJIA has entered a weekly demand zone with support of 50 dema.
lets see how this trade work.
USAIND trade ideas
US30 loss in London sessiontook a minor loss in US30 in london session, as went short once the 1H candle closed below the support
DOWJONES ShortNote : Trading in any financial market is very risky. I post ideas for educational purpose only. It is not financial advice. Do not hold us responsible for any potential loss you may incur. Please consult your financial adviser before trading.
DJIADJIA breached the falling trendline resistance & 50 WMA but can't hold above it & formed shooting star. Last week high should be taken out for further upmove & downside important zone to watch is 32940_33300
US30I personally believe that US30 is on a strong trendline resistance and other confluence also suggest that it may go down from here
DJIA* 50 WMA & Falling trend line will act as strong resistance
* 2 consecutive close above 50 WMA will fuel up move further
* Failing to do so will invite fresh selling
DJI, A Bat pattern in making?Although its too early to say, but there's a potential bat pattern in making, lets see how it goes.
Its time to DJI to take a dive!!!A very nice bearish harmonic near a probably resistance area, after a long run up, I'm expecting DJI to take a bit of cool off and retrace at least 38.2% of the move.
Dow Jones Can come down to 32000-31800 Dow Jones Can come down to 32000-31800
buy @ B point of Harmonic for upsite targets of 33000-33500+
Crucial level for DOW JONES tomorrow.33150 is a crucial level for DOW JONES tomorrow. Need to sustain above it.
Bank nifty for Next Week 01 august Bank nifty for Next Week 01 august
resistance Day high Friday 37759
Targets 37056
long side above 38000 for 38700
Nifty 50 Next Week Prediction 01 August Nifty 50 Next Week Prediction 01 August
resistance Level - 17400
if Break out then 17800 18000 Possible
dowjones trade in a rangeif dow break this range i expect that we can see more trendy movement in dow
anybody interested for scalpingthis opportunity is found in 3 min charts please adjust accordingly (better view ) quick in out only.
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dowjones trading ina rangei expect that, when dow break that range in any side market will move up or down
us30simple chart analysis based on trendlines
major support and resistence drawn, breakout is suppose to happen soon
