Dow was trading in a channel with signs of distribution. Dow gave a close below this channel.
33500-33700 is immediate support area. Considering all global cues like Russia-Ukraine tension, US inflation is 40 years high, Protests in NZ - I think this support will not sustain this time.
33300 is the next big support after this range.
Dow jones could show 30600...
#US30 weekly bias looks bearish. The seller’s price of interests are 35256, 35613, 35770
The possible targets are 34580, 34060
These analysis are based on the current market swing and we update our views based on the upcoming future swings
The choppy price action coupled with lower high on daily time frame is risky for long term trend. If no price wise correction, time wise correction definitely looks on the card, more so when 200 EMA is breached on daily time frame. This time it will be a decisive break
Hi guys looking for a long on US30 looking really good for a little manipulation and a great push up.
Lets get to this next week looks really good lets get it!!
BUY
BUY
BUY
BUY
Pushing up on US30 then looking for the market to turn around.
ANY QUESTIONS JUST DROP IN THE COMENTS GUYS YOU TUBE TANNEL WILL BE LOADING IN THE COMING DAYS
#US30 weekly bias looks bullish. The buyer’s price of interests are 34580, 34060
The possible targets are 35578, 36022
These analysis are based on the current market swing and we update our views based on the upcoming future swings
Dow jones at support levels of cip
rising parallel channel
as per elliot wave 5 wave about to unfold
hidden bullish divergence
as per harmonic retracement is over,,
ready for blast up move of 1000-1500 points
