Dow JonesDow Jones rallied nicely in last 3-4 trading sessions..
Dow Jones waiting for direction as per Fed rate hike news...
In any adverse news identified support levels.
32168 is a very good supp. below that we can see more red on Dow.
DJI trade ideas
Dow Jones: near 50% levelsDow Jones: current status
ATH: 36952.65 on 5/1/22
Low: 28715.85 on 13/10/22
50% level: 32806.8
2.618 level: 33267.53
We are just at 32732.96 levels on closing basis, just below the 50% level,
we may expect a 2.618 target completion near or around 33267.53, before some corrections happen.
Let's wait and watch
US30 Analysis over H4 Time frame If you can see bigger time then you can find out the down trade so according that I expect this is the next move of US30
US30 SWING FOR THE WEEK 30 took buyside liquidity. in the weekly range we can see a bearish order block price has ran back into. also we are in a premium ( over sold ) markets. this gives me confluence to sell for the week thank you.
Dow , Is it Make or Break..Watch Out :)28.10.22, Dow Jones Approaching Very very Strong Resistance, Upper Band of Long term Channel and Icing on The Cake is Touching 200 DMA ;-) . It's make or Break Level, if Dow Crosses above and Sustains for Quite a Long time, It'll be All time high for Nifty, But The Chances are, Dow will take Resistance and Move Downwards towards Lower Band. I have my Fingers crossed..🤞🏻🤞🏻
DOW analysis DOW maintained its trendline between parallel channel and near term resistance 32480 and much more depends on November FED meet. However positive results of tech giants boosting the DOW up.
US30🛡US30 || #US30 price advanced with an impulse, the range is taken as a corrective move to continue bullish🎖🎖🎖
US30, 1HR, BearishReversal trade Short from the high with a 3000 pip stop loss and a 9000 pip target. entry around 31750
DJIA in 2nd Wave Correction of C Wave Downward (Weekly)On Weekly Basis:
DJIA has corrected almost 50% of its down move from 34152 to 28725. It is bear market correction, usually sharp bounces. It also has resistance of 50 DMA at 31125 which also a pivot point. DJIA fell from all time high of 36800 to 29888 which was A wave of Grand cycle and corrected 61.80% to B Grand Wave at 34152, also close to 200 DMA level of 33890. DJIA has entered into C Grand Wave which should be final capitulation phase with Sub waves of 1, 2, 3, 4, 5. In shorter frame, DJIA completed its Wave 1 from 34152 to 28725 and almost completed Wave 2 at current level of 31082. Soon it should resume sharp down movement with the target of 26441 completing its Wave 3.
Warning and Disclaimer:
Above prediction should not be taken as financial advise, it is a personal opinion.
Consult your financial advisor.
Investment is subject to market risks.
Past performance is not the guarantee for future performance.
It is for educational purpose only.
DJI DOW BOTTOM CONFIRMATIONDOW THEORY RULES:
1. How to Identify Significant bottom(valley)?
We need two parameters
1. Width:- Should be more than 31 days(≈ 4 weeks)
2. Depth:- Should be more than 4%, in the valley we measure Depth by looking from top to the bottom (visualizing as seeing a pool of water from the surface and measuring its depth).
AS PER DOW THEORY, NEW BOTTOM CAN BE CONFIRMED TOMORROW IN DJI IF IT SUSTAINS ABOVE 30K LEVEL, TOP IS AT 34856 UNTIL THAT IS NOT TAKEN OUT DJI IS STILL IN A DOWNTREND. BUT THE BOTTOM CREATION WILL BE A GREAT PLUS POINT FOR THE BULLS TO KEEP A SL. ONLY IF TOMORROW (WEEKLY BASIS) IT CLOSES ABOVE 30K.
DOW JONES WEEKLY ANALYSISDOW JONES is in a significant invert cup and handle pattern that has broken to the downside and is moving into 27587-27129 range (0.5 FIB). Where it might find a temporary bottom and bounce to test the upper trendline of the falling broadening wedge.
Dow jonesThe Entire wave count from the TOP on the DJIA has been marked ...... The Recent Bottom seems like an ""A"" wave to Me, which means it will Move higher as per the Latest FIB chart plotted and will come down to Make a FINAL C. It is difficult to say currently what the B bounce will go to..... So lets just wait for now and see what happens. IT IS ALSO POSSIBLE THAT WE ''''' MAY'''' HAVE COMPLETED THE ENTIRE DOWNSIDE MOVE. Wait for a few days untill clarity emerges
Live DJI Analysis 14-10-2022 by SauravDJI Analysis 14-10-2022 by Saurav, Position will be LONG from the Entry point.
BUY US30 WE LOOKING to long on us30 teraders can look for possibilities of the market reaching price target
US30 sell to buy idea in higher timeframe market is currently bearish forming LH and LL. market after hitting a 1d imbalance form CHofCH 1h 4h timeframe telling market could possibly reverse from downtrend to uptrend in lower timeframe to fill the imbalances which was left open. market came back and fill the imbalance below and show a large push up showing buyers are in control there also market corm a change or character overall i am looking for buy from the imbalance left open in 30m timeframe.
also have a sell idea from a 4h supply above the market with lower timeframe( 15/ 30m) confirmation. if market break the above swing high them it is telling us market is in uptrend still short idea is valid from that demand.
DJIDow jones industrial Average index is in parallel since Jul 2021 in downward bearish move.
Looking at the past, it has good probability to bounce near gap area
"NEGATIVE NEWS VS CHART Behaviour in today US Market"Today US inflation data came above expectation which created panic in opening of US MARKET iwth 500 points gap down.
This case study will help you how data analysis in form of demand supply chart supersede too much pessimism around us.
Must watch.
Bullish Divergence in Dow Jones Industrial AverageRSI Bullish Convergence was there on weekly charts of Dow Jones only 5 times in last 20 years, which was always followed by average 15-18% market rally
similar RSI convergence is visible on weekly Dow Jones chart Right now, pre-covid highs are acting as a support
Disclaimer: Chart, data and levels for study purpose only. I am not a financial advisor. Use your intelligence before investing.
