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Dow @ critical levels.FOR EDUCATIONAL PURPOSE ONLY! This is a daily chart of Dow . It has taken a support exactly at its daily support trendline (blue). From last several months, Dow has been trading in a range on weekly charts which can be seen in pink lines. On weekly charts Dow has made a flag and pole pattern and either it takes support at this level or may give break down. If it gives break down then it will be a bad signal for entire markets around the world. Break down on a weekly chart means begining of a down trend in Dow and eventually markets around the world would break down. 33682 is a very import support for Dow and if it starts to trade below that, keep a very strick SL of your portfolio on Daily charts .
DJ:DJIEducation
by AbNamjoshi
Dow Jones Index & Markets - Crash of lifetime ! are you ready ?So DJI has reached its corona maxima. This is it. I do not see markets going up for a long time. This correction will be for a long and annoying time. If the red line is breached significantly then consider this failed and ignore. But it’s going down today or next coming weeks! Best of luck to all of us. This is just a chart pattern discussion. Please trade your hard-earned money on advice of a registered stock market expert. I am a newbie trader :)
DJ:DJIShort
by DoublebassmaniawithPranav
5
DJIDJ:DJI Please note that we are not a Registered Investor Adviser/PMS/ Broking House. All the contents over here are for educational purposes only and are not investment advice or recommendations offered to any person(s) with respect to the purchase or sale of the stocks / futures and options. You are also requested to apply your prudence and consult your advisers in case you choose to act on any such content available as WE claims no responsibilities for any of your actions or any outcome of such action
DJ:DJILong
by topa00