Sell Dow Target 1 - 31800Info and trend is similar to that of S&P500 after Feb data and meeting resulting in Sell in Equity and also long term bearish trend for 2023.
US30 trade ideas
Dow Jones Technical Analysis - Will it go below 30,000Dow Jones, the widely followed stock market index, has experienced a decline in recent days after a strong upside rally from October to December 2022.
Technical analysis reveals that the index has broken an important support level and is showing a bearish trend. Additionally a Harmonic bat pattern has emerged, indicating a potential minimum target of around 29950.
As a result, caution is advised for traders, with a potential for selling pressure from above. Stay informed with our in-depth analysis of Dow Jones.
dow jones bear come againdow jones current price 32000 my analysis dow jones regular go down side 5 wave break 31000
dow jonesNothing has changed on the DOW counts ... So dont panic..... we are still on course for 38000 with time on a weekly basis. ONLY 1 ALTERNATE counts exists.... let it play out 1st to a degree where I have to warn you all again.... but for now.... NO..... Remember the Larger the DEGREE of the WAVE, the MORE time it takes to play out. So NOTHING happens immediately
Dow Jones Analysis - Short Position Opportunity at Resistance LeI would like to share my analysis on the Dow Jones stock. Currently, Dow is facing stress at the 32587 level which is acting as a resistance. Based on my analysis, I believe it is a good time to take a short position from here. I predict that Dow is moving towards the 29534 level.
Thank you for considering my analysis. Best of luck with your trading.
us 30 dowjones indexus30 (dow jones) right now forming reciprocal ab=cd with butterfly formation
below b point 32529 more fall can seen up to 30980-30780
on 30980-90780 2 pattern will active reciprocal ab=cd and butterfly for bull run till 34000-35000
dow jonesThe SIMILARITIES between DJIA n Nifty are for all to see...... Price is Likely to Move higher with Time than projected..... Another LOW IF ANY with Higher Divergence Reading .... will mark the END of this wave ... Time for a TAKE OFF
dow jonesI find amazing SIMILARITIES between the NIFTY n DJIA charts/patterns. Look out for a New LOW IF ANY and see the Divergence Reading. If it stays above 30.4..... WE HAVE OUR BOTTOM IN PLACE. MARKETS ARE ABOUT TO TAKE OFF
dow jonesThe Dow Jones Live as I post this..... with the BLACK markings as PLOTTING 1...... The RED markings as ALTERNATE PLOT 2
There is NOTHING THAT IS PERMANENT IN THE MARKET. EVERYTHING CHANGES IN A """" FLASH"""
dow jonesDow Jones LIVE as I post this..... I dont need to tell any of you what can happen if we now hold the Black arrow
dow jonesThe Dow Jones from a Daily chart perspective. IT WILL NOT AND CANNOT BREAK BELOW THE BLUE LINE> IT JUST CANNOT. Nifty has done its DOWN COURSE...... maxxxx 16964 apprxx to the downside
DJI, Should we catch the falling knife?As long as the Double bottom holds in Dow, the markets can make a bottom.
Correlatively in Nifty, the levels can be of 16400/16600...
dow jones industrial crash - Bank issue 18% drop in embattled Swiss lender Credit Suisse
First isuue is Silicon Vally Bank and Now Credit Suisse Bank
US two Largest Bank crash , it will effect on banking sector also
Get Ready For High Volatality .
Today there seems to be a slight scope of growth in Dow Jones,Today there seems to be a slight scope of growth in Dow Jones, so you guys should make your position accordingly, because our market is also very low.
Dow Jones Expectiong 32500 to 32600 levels.Dow Jones Expectiong 32500 to 32600 levels.
levels on chart to trade with stop loss ,entry and target area marked.
looking for buys on us30its forming a W pattern that shows it will buy and has retested our weekly horizontal line.
Dow Jones Industrial Index Technical Study TVC:DJI
Analysis After 9th Dec 2022 Closing
> Dow Theory wise - It was Making HH &HL but After Last day of closing, it seems like there will be no another HH Furthermore in Weekly TF it has made Evening Star pattern also. (Bearish)
> Wave Count wise - 5th Impulse wave is also finished, so probably corrective wave ABC might be possible for next week for DJI. (Bearish)
>Chart Pattern Wise - Head & Shoulder pattern is about to formed, confirmation after breakdown of neckline shown in chart. (Bearish)
Bearish Divergence is also there in MACD and RSI too.
Furthermore,
According to chart, just below neckline there is crucial red line, breakdown of that line red line is confirmation for all the above points.
Medium Term Target is end of 4th Impulse wave because of Depth off Correction Concept.
What if Analysis
Ignore this study, if on next trading day market opened with huge GAPUP and gone up.
dow jonesMinor waves on the Dow Jones as plotted on Hourly charts indicate the CORRECTIVE WAVE subdivided into a CLASSICAL WAVE structure...AB.... i,ii,ii,iv,v/2 % 7 clear and distinctive waves ENDING. THEN the MOVE UP
DJIA- Breakdown witnessed below 32500DJIA
Breakdown has been witnessed on DJIA
Our Dynamic Trend Averages - Orange and Green showing down trend as Orange < Green
Our Lagging Trend Averages - Blue and Red showing down trend as blue < green
Breakdown below 32500 has been witnessed.
RSI is below 50 since 16 Feb 2023 closing of 33696 and since then RSI is below 50.
RSI is now at 31.25 and DJIA at 31909.
RSI trend is up if RSI is above 50 and RSI trend is down when RSI is below 50.
RSI down trend has yield a down move from 33696 to 31909.
The 50% retracement as shown is at 31706 and 61.8% is at 31000.
RSI to be become oversold is very near and may test 50% and 61.8% retracement
could be the point for bounce or swing bottom to be confirmed later
by swing bottom formation
What is Swing Bottom
L > L-1 and H > H-1 and C > C-1 and C > open
and H-1< H-2 and L-1 < L-2 and C-1< C-2
Volume need to get higher of the recent day if swing bottom in formed
post RSI oversold or from either of the levels of 50% or 61.8%.
The breakdown effect can be to 30782 which is 100% from the breakdown point of
the rise 32581 to 34342. The difference from the breadown point to give
the expect level of 30782.
Pullback if happens can get resistance at 32500 or above with probablility of
lower top.
The last major lower top is 33572.
Any pullback will be of the fall from 33572 for pullback
First we have to witnessed swing bottom either by hitting oversol or by hitting retracement levels.
