Deep crab Expect a sharp fall in u30 . In 2 days . Will effect the world market and probably the Indian market will show a sharp correction. Bank nifty targey coming in the range of 34650-34500. Let's nuke it
DOWUSD trade ideas
DJIA: On the verge of Flag & Poll BODow jones is looking good for Flag & pole BO. Keep on radar for BO.
Dow Jones Elliott wave countNow we r on complex correction so
Wxyxz correction
Wxy wave completed
And we r on x wave
X wave : coming as abc correction wave
Z wave will make new bottom for go towards ATH
Dow Jones 4H Set upDow Jones 4H setup shows... channel breakdown..
levels marked for trading... trend is down if close below 32800- 32750 range..
Happy trading..
Dow Jones industrial average Elliott wave count Here its dow Jones industrial average Elliott wave count present
We are on bigger Z way
Subwave of Z wave are wxyxz
U can seen in the chart wxy completed
X wave :-
Now we r on x wave
X wave coming as ABC wave
X wave went till 0.618 fib of y wave resistance from their
So near to end x wave
After x wave
Our z wave will start soon
See u at below 30k soon
If u have any doubt than ask your question
Over bought zone ?once we find a reversal we can Expect DOW to fall around 31600 this target is valid till and if sustains the current level the target could be 33000 to 34000 hope to see you guys in comments Thank you :)
DOW seems to be retracing to the upper end of the channelDOW seems to be retracing to the upper end of the channel towards 34200 areas.
US 30 might be bearish US30 on 15 mins timeframe gave a fake breakout yesterday night on Indian Timezone and went down. so, it might continue the selling trend for short period. i.e. for a week most probably.
DJIA : A Breakdown is ExpectingA Pattern called MEGA phone is about to breakdown. It may touch down 30600-31000.
After a consolidation a clear breakdown is expecting below 34000 with sl 34800 tgt 30600-31000.
This is for information only. Check your risk profile with your financial advisor before taking any trade prosition.
inndecisionAs we see the market today is not making bigger moves and hence would like to estimate a 50% fall from todays high
DJI - Can go down upto 30000Dow Jones had made head and shoulder pattern and can go down upto 30000.
IS DOW GETTING READY FOR 2300 POINTS FALL?We have seen confirmation of the Head & Shoulders pattern in Dow and it couldn't go above the right shoulder. We may see Dow coming near to 31000 in coming sessions.
To motivate me, Please like the idea If you agree with the analysis.
Happy Trading!
InvestPro India Team
Dow Jones Dow Jones has started forming a round top pattern ,where as many gaps were identified down side hope it will cover the down side gaps .
DJI weekly ChannelDow is trading near weekly channel support line. Reversal or break. Waiting for any confirmation.
Time to sell dow futuresIt is the best area to sell dow futures for a best reward because their is a big trend line rejection area nera 32200.
So its time to sell dow futures for a downfall of 4.5 percent in next week ahead.
Good luck traders❤️
A blood bath should be expected in next week as the dow futures can show some selling pressure below this resistance area.
Reasons behind this downfall:
1.Inflation rate at the life time high
2.russia and us conflicts
3.Dollar index at 18 years high
4. 2022 Russian invasion of ukraine.
5. Crude oil at lifetime high so this can also create pressure
There are alot of reasons to accomplish markets towards selling pressure of 4-5 percent in upcoming week.
