We can see a reversal in the DJI:index as of today MARKET HARDLY MANAGED TO BEAT THE RED CLOSING Major market benchmarks mostly drifted sideways on low volume Monday, with investors looking forward to trade talks at the G-20 meeting later this week.
We can see a possible revarsal as of chart is indiating the reversal from the current level 70-50+pts up normal...
Bullish Shark pattern on Daily Chart of Dow Jones Index. BUY 24400-24450, SL 24200, Target(s) - 24650, 24750.
I starting learning Harmonics some days ago and just observing currently, how the price action works here and thereby trying to refine on my Target(s), SL and entry levels.
Dow Jones, NYSE, US
Given Breakdown of Bearish Head & Shoulders Pattern
Friday Given Fall of -354 Points (-1.41%)
Expecting Reversal From Next Support Zone: 24244-24737 Spot levels
Disclaimer: All the Recommendation/View Given in Arrowmoney are only for internal study purpose. Consult your financial adviser before making any investment decision.
we can see a clear impulsive elliot wave pattern with the 4th wave currently in progress and looking to end at the 38% retracement of the 3rd wave down.The wave 5th down is coming soon.
A double top pattern is also forming and we can look for it to complete with the end of 5th wave.