Ideal Pattern forecasting I have made simple approach towards the market movement
the market has already made an identifiable pattern so based on which the next forecast
is made
This is education content
Goodluck
US30 trade ideas
DJI - Dow Jones Industrial Index by KRS Charts 16th October / 6:58 PM IST
What is next possible Move for DJI ❓Technically.
1️⃣ As we can see, DJI is in HHs and HLs upside trend. With recent high small Flag Target is achieved so profit booking is expected. ✅
2️⃣ Along with it, Index is above 100EMA again bullish trend it confirms. View wise Market is Bullish and new upside Target can unlock after its breakout from above Red Resistance zone as we can see in Chart.
3️⃣ In case of correction all the supports are marked in Charts will possibly help market to Bounce back from those levels.
4️⃣ Despite of all lower support my view on DJI will stay Bullish until it will break Green Support Zones and stay underneath of 100 EMA ⚠️⚠️
DJI Intraday levels for 24th oct 2024 Please check the levels on chart
My todays view for your study analysis only :- today's trend is not so clear but probably will be buy on dip.. we will find out exact trend soon !!
Consider some buffer points in above levels.
Please do your due diligence before trading or investment.
**Disclaimer -
I am not a SEBI registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk.
Thank you.
DJI Intraday levels for 22nd Oct 2024 Please check the levels on chart.
My view for you study only :- Seems to be buy on dip.
Consider some buffer points in above levels.
Please do your due diligence before trading or investment.
**Disclaimer -
I am not a SEBI registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk.
Thank you.
Dow Jones Industrial This is educational purpose only, consisting of Stock market views
based on price action, Elliott Wave & Fibonacci. Views expressed here.
are not for investors/traders.
Do your own due diligence before investing/trading.
This information or publications are not meant to be, and do not constitute,
financial, investment, trading, or other types of advice or recommendations.
DJI Intraday levels for 18th Oct 2024 Please check the levels on chart, only major levels marked on chart.
Consider some buffer points in above levels.
Please do your due diligence before trading or investment.
**Disclaimer -
I am not a SEBI registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk.
Thank you.
DJI Intraday levels for 18th Oct 2024 Please check the levels on chart, only major levels marked on chart.
Consider some buffer points in above levels.
Please do your due diligence before trading or investment.
**Disclaimer -
I am not a SEBI registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk.
Thank you.
DJI Intraday levels for 17th Oct 2024 Please check the levels on chart. Please note. Inhave marked only major levels
Consider some buffer points in above levels.
Please do your due diligence before trading or investment.
**Disclaimer -
I am not a SEBI registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk.
Thank you.
DJI Intraday levels for 16th oct 2024 Pleàse check the levels on chart
Consider some buffer points in above levels.
Please do your due diligence before trading or investment.
**Disclaimer -
I am not a SEBI registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk.
Thank you.
DJI Intraday levels for 15th oct 2024 Please check the levels on chart
Consider some buffer points in above levels.
Please do your due diligence before trading or investment.
**Disclaimer -
I am not a SEBI registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk.
Thank
DJI Intraday levels for 14th oct 2024
I could be wrong in my analysis as you can see in my last DJI idea. Kindly use this for study only.
Sorry - updating the idea from mobile device kindly check the levels on chart.
Consider some buffer points in above levels.
Please do your due diligence before trading or investment.
**Disclaimer -
I am not a SEBI registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk.
Thank you.
DJI Intraday levels for 11th Oct 2024 Approx levels for DJI
Levels are marked on chart .. as adding the idea from mobile device was not able to add the details.
Consider some buffer points in above levels.
Please do your due diligence before trading or investment.
**Disclaimer -
I am not a registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk.
Thank you.
us30 SHORTLooking for US30 Short.
Since the market in Asia was Range and London gave a bearish move.
DJI- Intraday Levels - 7th Oct 2024If Sustain above 42327 above this bullish then 42490 then 42653 then 42653 to 42736 OR 42745 to 42816 above this more bullish
if Sustain Below 42327 then 42165 then 42083 to 42002. below this bearish then 41839 below this more bearish
Consider some buffer points in above levels.
Please do your due diligence before trading or investment.
**Disclaimer -
I am not a registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk.
Thank you.
Dow Jones Analysis, waiting for Confirmation of the TrendThe Dow Jones is trading within a Channel Pattern. Waiting for Confirmation of the Trend, whether it breakout above the channel or retraces to the bottom of the Channel.
DJI- Intraday Levels - 4th Oct 2024 *Major Levels only*
If Sustain above 42016 or 42025 above this bullish then around 42196 above this more bullish
if Sustain Below 41847 or 41835 below this bearish then 41484 to 41475 below this more bearish then 41304 41295
Consider some buffer points in above levels.
Please do your due diligence before trading or investment.
**Disclaimer -
I am not a registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk.
Thank you.
US30 Short ideaTechnical Analysis:
Resistance Levels: The price of US30 has been testing a key resistance level, which aligns with a previous supply zone. This area has proven to be a tough barrier for the index, indicating that sellers are stepping in as the market approaches these levels.
Trendline: A descending trendline from the recent highs shows that the market is still respecting a bearish structure, further validating the potential for a downward move.
Fibonacci Retracement: Using the recent swing high and low, the price retraced to a 61.8% Fibonacci level, a common reversal area for sell setups.
Moving Averages: The price remains below the 50-period moving average on the 1-hour chart, signaling short-term bearish momentum.
Volume Profile: A spike in volume during the last test of the resistance indicates the possibility of aggressive selling.
Fundamental Factors:
Macroeconomic Data: Recent data such as NFP (Non-Farm Payrolls) and ISM reports have added volatility to the market, with investors seeking safer assets. Weak economic signals can trigger a sell-off in indices like US30.
Interest Rate Expectations: With the possibility of further rate hikes on the horizon, risk sentiment may shift towards a bearish tone for equity indices, including US30.
Key Levels to Watch:
Entry Point: Looking for a sell entry around the 42,230 resistance zone if the price confirms a reversal signal.
Stop Loss: Setting stop above the recent highs at 42,300 allowing room for minor fluctuations.
Take Profit: A conservative target could be the 42,050 support zone, where the market previously found buying interest.
Confirmation:
Watch for bearish candlestick patterns (e.g., engulfing or pin bar) and increased selling volume near resistance. If the price breaks below a recent consolidation zone with momentum, it could signal the continuation of a downward move.
This setup aims to capitalize on technical confluences aligning with potential bearish sentiment in the broader market context.
Personally risking 0.5% of my equity.
DJI- Intraday Levels - 1st oct 2024
If Sustain above 42313 above this bullish then 42393 to 42416 then 42552 to 42574 above this more bullish then 42710 to 42733 then 42869 to 42892 then ...
if Sustain Below 42257 or 42235 below this bearish then 42099 to 42063 or 42076 below this more bearish then 42020 to 41997 then 41940 to 41918 then ...
Consider some buffer points in above levels.
Please do your due diligence before trading or investment.
**Disclaimer -
I am not a registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk.
Thank you.
DJI TRG 40738DJI TRG 40738 . add shorts below 41859.
SL 42629 .
Probable trend change 1st Oct - mark H/L for further confirmation .
Look for updates
Dow jones US 30 ready for profit booking before US election Natural gas sell at 217-218 SL 224 Target 209, 205,195,184 , book profit on 184
Dow Jones In Supply ZoneDow Jones is in smart money supply zone right now on 30 mins timeframe.
Last demand resulted in 2145 pts rally.
Prev supply resulted in 1007 pts fall.
Will remain valid until new demand zone and when price is below supply zone (any time).
DJI // Levels // 1h"Welcome to SkyTradingZone "
Hello Everyone 👋
For the Dow Jones Industrial Average (DJI) on the 1-hour timeframe, here are the key levels:
Resistance Levels:
R1: 34,500
R2: 34,600
R3: 34,700
Support Levels:
S1: 34,300
S2: 34,200
S3: 34,100
DJI // Levels // 1 hour "Welcome to SkyTradingZone "
Hello Everyone 👋
Here are the current levels and analysis for Dow Jones Industrial Average (DJI) in a 1-hour time frame:
Current Price: 34,778.00
Resistance Levels:
34,900.00 (short-term resistance)
35,100.00 (medium-term resistance)
Support Levels:
34,650.00 (short-term support)
34,500.00 (medium-term support)
Analysis:
DJI is trading within a narrow range of 34,600.00 to 35,000.00.
The stock has been trending upwards in the past few days, but it's currently consolidating.
The short-term resistance level at 34,900.00 is a strong level that DJI needs to break above to continue its upward momentum.
