Dow Jones
Dow Jones Industrial Average Index
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*This is not a trading Idea nor this is a prediction but validation of some facts that are emerging now* "The longer it takes to correct, the more disastrous the crash" Markets went berserk in Jan 2018. The crash was due but was delayed because of economic & monetary policies. The reason behind delaying it was to save the big corporations & bailing them out to...
DOWJONES comparison from 2012 to 2016 and 2016 to2020,,let see if history repeats itself
Dow jones historical chart from Apr 2013 to Sep 2015.. this chart is shared to compare the historical move of index in past and current structure formation.. soon will send the recent chart of dow jones,, and all viewers should compare both the chart to understand how history repeats..
DJIA which turned from a Bullish Harmonic AB=CD is now approaching the PRZ (28600-28800) of a Bearish Harmonic AB=CD. Like in the bullish instance which coincided with Ichimoku support, here too the expected resistance tallies with an Ichimoku weekly resistance and a falling trend line. View would negate above 28900
DJIA is at the PRZ of a Bullish Harmonic Pattern AB=CD which coincides with the Ichimoku support both weekly as well as daily. Failure to hold 26000 will trigger a medium term correction in it. For now resistance at 26800/27100/27500.
Dow Jones Bullish GARTLEY pattern formation Falling parallel channel support around PRZ zone Good long candidate around 25900 to 26100 levels View gets negated below 25500 on closing basis. Targets 27000,,28000
This is Dow Jones Industrial Average Index likely to collapse down in due course of time....
Dow may have completed its correction from the Mar lows in a W_X_Y pattern. Bearish below the trendline
is it pullback for upside or correction continuation ???????
As per my analysis, Dow Jones can get one more reversal as the Markets are on there highs. It's good to see Bullish sentiments all over but to go bullish in the markets or to grow in life, we need strong roots because not a single branch of tree can hold all the fruits. Remember, Eat the Fruits or Eat whats left in your basket but Don't ever wait on the losing...
Looking for a BreakDown Sitting on Knife's Edge Atleast a 500 points Break Down from here