Will Dow Jones turn bullish?On daily down first broke the downward trend line, then tested it & formed equal lows there. Whereas on hourly it is showing signs of a shift in market structure, it has already given a BOS & has formed its first HH & HL pattern. If it gives a 2nd BOS & forms another HH & HL then it will become buy on dips for the near term.
US30 trade ideas
US30 SHORT TRADEsupply zone for us 30
trend :uptrend
supply: 1 hr supply
trade idea :short
(trend is against short trade falls in to aggressive setup)
US30 Buyers be ready we are gonna see very big upmove soonUS30 Buyers be ready we are gonna see very big upmove soon
DJIA - Still Bullish on Quarterly Chart - For Positional Players
1) TVC:DJI is taking support of 20 EMA on a 3M timeframe. Still Dec 2022 has 10 more trading sessions and I would eagerly wait to see where the monthly candle closes
2) RSI sort of made a double bottom and has started rising approaching the SMA. If it crosses the trend lines marked, expect a sharp bounce or sort of a breakout in Dow Jones.
3) Also please ignore the trend lines on the chart itself or WTF TL as those are my markings on small timeframes :-)
Let's see how the story develops. Best wishes!
Disclaimer -
- The opinions expressed here are my own. This is for my own records as well as what I see on charts.
- If you are referring to this, please keep in mind that it is only for educational and research purposes.
- Past performance is no guarantee of future results.
- You must accept responsibility for any decision you make. DO NOT TAKE THIS AS AN INVESTMENT RECOMMENDATION.
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TIA!
Dow Jones -Daily analayis - US 30 CMP 33300$ Short for Target Dow Jones -Daily analayis - US 30 CMP 33300$
Short for Target 32550- 31920- 31100- 30370- 29200+28700++
SL 35000
Dow JonesAmid fear of Inflation and rate hikes Dow has actually performed very well ignoring last to last hawkish commentary of FED.
Well we focus on price only and my algorithm has churned out some important levels for the month of Dec 2022.
I have marked those levels on the chart for ur perusal..
Happy Trading...
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Dow Jones Looking for 36000 Plus In my view Dow Jones can cross 36000 above in 1-3 months and create new high approx 40-42 thousand, why because check the retracement from 2020 and 2022 level , it respect to 3rd line (March-2020) and 2nd line (Sep-2022). and now it's moving to 36000 levels. It's monthly chart, I like to analysis long term investment in Monthly time frame. it gives Many big breakouts.
DOW MONTHLY CHART ANALYSISI Tried to brief analysis of DOW of USA market. If DOW breakout at present level than it may go far.