Dow 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
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.
RSI 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...
Good long trade in Dow Jones with good risk reward
ADX Indicator cross and RSI support at 50 Bull are COMING
DJ:DJI may try to create #wpattern or double bottom on daily / hourly time frames at important support zone of daily time frame, if it breaks below the support level, we can achieve the expected downside targets soon.
#US30 Dow Jones, recovery is on cards and 32,185 to 32,900 is visible on the chart, before the next leg of correction. Regards, SG
indian markets showing bullish signals, and dow jones have more downfall to come. indian market will be remain volatile, until dow completed its correction.
DJ:DJI is following the zones I had mentioned in my last post, expecting more 5-10% fall from here in dow jones.
buy us30 @ 29733 sl 23100 tp 32100 we are buying dow jones because market will make higher low before it will go down so time for correction phase
Dow Jones Industrial Average Index View Spot Cmp - 29941 Dow Looking Week On The Chart Follow Lower Low Pattern In The Chart Important Levels Above 30572 Go Long For Target 32000 ++ Below 30428 Go Short For Target 28000 ++
New forex signals Buy us30 now @ 30384 Stop loss 29800 Target 32160 Trade based on correction of chart,chart still on down Trend but it will correct itself and make an higher low pattern Because in down trend market makes higher low and lower low
DJ:DJI down fall prediction using supply/demand zonez and support/resistence zones.
trendline breakout double bottom HL sequence on daily RSI chart
Based on Some Comples Fibonacci calculations to get the BOTTOM IN...I have given a Bottom Range of hardly 60-70 points apart. Once this Bottom is IN...... The MOVE UP on DJIA I believe will be LETHAL. Not Many will even believe the MOVE UP . Once this happens... the DJIA must cross over the 2 Areas marked in Blue Arrows. DJIA will not look back once it crosses...
This imbalance gap was supposed to be filled and it did now we can expect some relief rally or a rebound post which the market will again bleed.
Dow jones can see a correction of 30 according to me from here