I am known to STICK my NECK out and then Stick to it. I do this because None other here will ENLIGHTEN the MASSES with taking any PAYMENT. The DJIA explained in detail ...... There is MORE and MORE panic in the US markets than ever before. There is an influential Twitter @ HENRY ZEBER. He is known to make BOLD calls. Yesterday he came out with a figure of 6100 on...
Are you ready for this amazing analysis.. Stay Tune because we will post more charts related to this...
Dow Jones now trading at support zone 33000/32500 big support. If not close below 32500 we seen again up side
Levels mentioned on chart. Minimum Trg 33813. Trend change dates given also have worked well.
DJI has formed three sub-fractal i,ii, i,ii, i,ii since the impulse upwards since the Oct 22 bottom. It should eventually materialize in a wave iii upwards i.e. 3 sub-fractals of iii,iv, iii,iv, iii,iv. In all possibility the recent wave ii is complete in a five wave C downwards. Today's price action at NYSE opening would be crucial.
The Index itself is almost 6.1% or 2200 pips down so far. After looking at the weak Economic Data Index kept tumbling and saw no bounce so far. It will be interesting to see how the US Index behaves in a weak global market now. I have marked two paths that can play out a possible scenario in matching along with the waves. However, the overall bias remains BEARISH...
US30 is overall bearish . we can plan a sell side trade after the 4hr break of support zone. then look for bearish price action to sell targeting the next support zone.
I just didnt see what the Historical charts were showing Me in this DOWNTREND. I have very very clearly marked out what I caught last night on the DJIA. I think WORLD MARKETS are ALMOST READY/SETUP for the LONGEST WAVE IN BULL MARKET HISTORY. It only requires a Little patience a keen Eye and some Effort.
US TVC:DJI equities extended last week's sell-off on Tuesday after the recent data on consumer confidence and home sales showed the US economy may be finally coming under stress. Federal Reserve continues to affirm its commitment that interest rates will remain elevated for an extended period to manage inflationary pressures maintained hawkish stand and...
DOWJONES is trading at very good multiple support zone of 33600-33650, start accumulating at this levels to get most out of it. Buy F.E.A.R dowjones heavyweights & hold with stoploss closing below 33600
DOW Jones Now coming near Support zones. We may see some bounce from 33850-33700 zones. Keep an eye
DJIA has broken a trendline on daily timeframe, heading towards a crucial swing support zone of 33646 zone.
US30 has recently broker a daily support zone. now we can plan short side trades after retracement or when it breaks the low of current daily candle.
DJIA Breakdown of head shoulders on daily charts. Any uptick towards the neckline is a sell. Expecyleveks of 32200 / 32500
Little late to post this but still DOW has potential to recover from its recent fall. I am expecting a bullish scenario ( FOMC news coming ) trade safe .
Most of the indexes worldwide behave in similar manner most of the time. Price is trending in an upward channel and now it is at support. 34520 - 34600 is a crucial zone in deciding the direction. If price took support, then we can expect it to move towards 34680, 34760 and 34820. If price gains bearish strength, then it will fall towards 34460 and...
Enclosed is the DJIA hourly chart which will be responsible for the UPMOVES hereon. I have also explained to anyone who MAY want to understand the concept of "" RETRACEMENTS"".... They are calculated in PRIMARY.... SECONDRY and MAJOR waves and will differ from every time frame.