DOW JONES:- We may see a bounce in dow jones We may see a bounce in dow jones because as we can cleary see a bulish abcd pattern in dow jones.
but we have to keep that dynamic trend line in our mind, which is acting as a proper resistenece for dow.
Us30 looking for BuyAsper price action we can see reverse head and shoulder pattern and also as per ict grab liquidity at weekly support level and can't stay blow it... So we can see price will go up because buyers showing intrest to buy it. It can be make new life time high.....
Dow jones US buy near 38k upside Target 39900 and fresh new ATHOn Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profi
DOW projection for Next week.I have analyzed based on trend, candlestick, support & resistance. After combining three method i came to this projection.
It is for study purpose only not a recommendation. If it is helpful please share and like the page.
Dow analysis after hitting SL in previous analysis 15-04-2024I have entered a short side after breaking that cyan line. And target is the below CYAN line. I have used trend, pattern and price range. Its very volatile market. Always maintain a SL.
Dow (US30) seems bullish, indicating a buying area on the chart Referred to one one-hour chart, the Dow (US30) seems bullish:
# After rejecting sell side stops, closed above the nearest swing high.
# Breaker Block.
# Fairly taken inducement.
# 3 points confirmation alert.
Note: This is not a recommendation, or educational purpose only. DYOR before taking action
Who's to say this wouldn't repeat again.The key to trading / investing is accepting uncertainties and dealing with it systematically rather than getting it influenced by our fear and greed.
Dow Jones its jus Retest of 1 year old breakout pointThe B leg that went deep 95+% of A then failed tells us its flat correction.
After doing year long correction breakout in Dow was seen in Dec 2023
Good Chance is to have sharper up move once retest is completed.
Internal wave count may not be accurate and best if ignore, focus more on support area
Dow nears support zone !Support zone: 37300-37600.
Dow should take support and should consolidate at current levels. Stoch RSI looks pretty sold out. If it cannot sustain this support due to any unforeseen circumstances next support is at 34122 which is highly unlikely. On upside first target is 38928, then 39913.
DJI TRG 37038 / 36250DJI Trgs on chart . These angles are plotted based on some Gann technique. Falling below one angle expect price to move towards lower angle. These angles also serve as support & resistance. Positional view - Trg 37038 atleast. 26th April imp date - will update there.
See all ideas
Frequently Asked Questions
US 30 (DOW) / US Dollar is just a number that lets you track performance of the instruments comprising the index, so you can't invest in it directly. But you can buy US 30 (DOW) / US Dollar futures or funds or invest in its components.
The lowest ever quote of US 30 (DOW) / US Dollar is 18048 USD. It was reached on Mar 23, 2020.
US 30 (DOW) / US Dollar reached its highest quote on Mar 31, 2024 — 40358 USD.