US30 trade ideas
DOW JONES INDUSTRIAL AVG spot cmp 33608Index is trading in time cycle of 106 days and 73 trading bars on daily time frame,
after every 106 days index tends to make peak and reverse below previous low levels,
106 days cycle maturing soon,, need to keep watch on that time cycle,
index have given break out from descending trend line resistance, and sustaining above that levels,
but till it does not sustain above levels of previous swing high,, there is probability of 3 drive harmonic pattern formation,, which would lead index to fresh low levels ,
in both case study of time cycle and harmonic, there is probability for dow jones making fresh 52 weeks low,,
at the moment reversal below trend line is necessary to consider the end of bullish trend,
RSI is making bearish divergence and also RSI have broken the trend line and at the moment is at retest levels,,
if reversal is confirmed index will give sharp fall ,waiting for confirmation below trend line on daily candle..
This view is conditional.
us30 long possibleus30 dow jones buy @ 33860
stop loss 33785
target 34100
trade based on reversal of dow jones after a long time buy it and thanks me later
please support and like my ideas if u are earning a big amount with my signals
Not expecting price to cross 61.8% retracement (33520) of the enNot expecting price to cross 61.8% retracement (33520) of the entire fall
Not expecting price to cross 61.8% retracement (33534)Not expecting price to cross 61.8% retracement (33534) of the entire fall
DJIADJIA
Trend line breakout situation has been witnessed.
RSI > 50 but showing minor negative divergence as it exited the overbought zone.
Price rise currently not support by rise in RSI.
Trend line breakout may take DJIA to 33800-34200 range which is marked
with horizontal line.
Overall as long as 31800 is not violated, volatility, correction and consolidation above 31800
will help to build a rise to 35400 and 36900.
Support could get generated in case of fall back to trend line for minor correction and consolidation.
Expect DJIA to move higher to test 33800-34200 in near term with volatility.
Unfolding of Bear MarketI am wave theory Practicing professional , My views are personal opinion
I have made efforts in Visual representation of start of Bear Market ,
those who are holding position can look for Exit before the Start of Major Extended W 3
Good luck
Us30 long possible Us30 dow jones buy @ 32603
Stop loss 32063
Target 33365
Trade based on pure price action and breakout of last resistance in hours 4 candle
And level 33080 is broken so we are opening a buy trade
Please support me if you like my idea and like my idea please urs support motivate me
Dow Jones make it or break it moment!!Dow Jones is at weekly trendline resistance, with election results due & CPI data tomorrow will it break or give a fake break.
DOW JONES (DJI) Breakout at Weekly, Will It Sustain ?DOW JONES (DJI) Breakout at Weekly, Will It Sustain ? TVC:DJI
Us30 long possible Us30 buy @ 32887
Stop loss 32687
Target 33300
Trade based on trend reversel and pure price action
US30 - Dow Jones Industrial Average Weekly OUTLOOKPossible US30 Weekly Setup.
We have tapped into supply on the HTF and have seen a change of character in order flow. Possible bullish week for stock indexes following the increase in interest rates by the federal reserve last week.
Week of 7 - 11 November 2022
This is not a signal.
DOW jones Bullish above 32900Once the falling trendline is taken out, expect quick rally towards 35000
Dow Jones Weekly Levels for NOV 7 to 11 2022
Buy Above 32624.98
Buy Targets 32989.95 33352.93 33646.29 33939.66 34357.33 34610.92 35476.10 36425.80
Sell Below 32181.46
Sell Targets 31816.49 31453.51 31160.15 30866.78 30449.11 30195.52 29330.34 28380.64
04 nov 2022 DOW jone live analysis04 nov 2022 DOW jone live analysis, for Intraday Study Purpose only
Market Analysis, #DXY #Nifty #Dow #AdaniMarket Analysis, #DXY #Nifty #Dow #Adani #Adaniports TVC:DXY NSE:NIFTY NSE:CNXSMALLCAP
DOW VIEW DOW TRG 30600 & LOWER BY 22/23 NOV .
Fall from one angle price will travel to next angle ( GREY LINES )
Us30 short possible Us30 sell now @ 32151
Stop loss 33100
Target 28947
Trade based on breakdown and pure price action and news based trade try it and thanks me later
If you like my idea please support me
Dow DJI Starting Traveling Downwards Long Down Chanel , BearishDow DJI Starting Traveling Downwards The Long Down Chanel , Bearish TVC:DJI
VERDICT DOW JONES (DJI) Be Cautious
Dow Starting Following and
Traveling Downwards The Long Down Chanel
and Could Drift NIFTY Also
Indicators Bearish
T1 30150
T2 28630
Only For Study Purpose Only
Dow jones Can resume his down trend ?Dow jones:- As per chart it is trading in down trend. Now reach to upper most potential resistance Zone 32400-32800. yesterday a inverted hammer candle come which is sign of rejection or reversal.
It may be correct quickly 1000-1500 in 2-3 days and also more pain come on chart soon. Nifty and B-nifty also feel pressure from global cues.
#DJIUS Commerce Department showed that personal spending rebounded in August, pointing to a still resilient economy.
Fed Vice Chair Lael Brainard echoed the central's bank intention to bring rates to a restrictive level even at the risk of a recession
This dollar’s strength was seen across the board, with some of the most pronounced buying activity against the British pound and the euro amid growing economic and energy worries.
Technically: Critical support levels for Dow is 27616 which is also a 50% retracement levels from the low it made 2 years back.
