Get ready for bull runDow jones is getting ready bull run. Expect it to touch 43415 - 44071 by December 2024. Bottom has already formed.
MYM1! trade ideas
dow jones futuresSo inspite of a 1300 points RUN UP from the Bottom Last Night..... why is it that the DJIA is almost at a halt?????? It is very simple if you understand what is happening..... This chart is LIVE as I write .
Look at the 78.6% fib..... it is acting as a resistence ..... PRICE is reacting here and NOT WANTING TO GO UP. So what next ???? If it doesnt go up..... it will want to come down to the 61.8% level.
I am a SCALPER and I take my trades based on the 1st 5 minutes candle...... I know in 5 minutes EXACTLY where the market is headed. If any of you want to understand how???? You can call me on 9366831223.... My name is DEEPAK GUPTA. This will have to be explained over the phone and not on a write up. Please call me anytime from now untill 8 am.... or after 4 pm untill 5 pm. Thankxx.
BTW.............. I dont ever use any indicators
Dow JonesHere is the LONG TERM Channel of the Dow Jones since 2007 or so with Price staying well within the Channel for all these many years. What I have spotted are the 4 SUPPORT areas since 2009 or so and simply attached all those support areas to draw a PERCEPTION LINE between the Broader Channel . In the Green color I have given an IMAGINERY path which it will take towards '' 60000''. I posted the Future chart by mistake but M sure you all understand the Logic behind it
Dow jones Look Good for Short* All the information shared in this chart is provided for strictly educational purposes only.
* This chart is sharing information are based on the theory of technical analysis .
* This is not an offer to buy or sell stocks, futures , options, commodity, forex, interests or any other trading security.
* Back test yourself before jump into live market consult your financial adviser and use proper risk management.
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Mini Dow jones Level's
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SMC Selling area is near 34906 - 34930
And Short Area is 34906
Below this level 34765 free fall will start.
************************** Target down side ********************************
Trade : Sell between 34906 - 34930 SL will be 120-130 Points (35033)
Target will be downside : 34680/34599/34483/34400/34311/34225
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