DOW JONES fall prediction with levelsDJ:DJI is following the zones I had mentioned in my last post, expecting more 5-10% fall from here in dow jones.
US30 trade ideas
us30 dow jones long analysisbuy us30 @ 29733
sl 23100
tp 32100
we are buying dow jones because market will make higher low before it will go down so time for correction phase
Dow Looking Week On The Chart Follow Lower LowDow Jones Industrial Average Index View Spot Cmp - 29941
Dow Looking Week On The Chart Follow Lower Low Pattern In The Chart
Important Levels
Above 30572 Go Long For Target 32000 ++
Below 30428 Go Short For Target 28000 ++
Dow jones us30 long possible New forex signals
Buy us30 now @ 30384
Stop loss 29800
Target 32160
Trade based on correction of chart,chart still on down
Trend but it will correct itself and make an higher low pattern
Because in down trend market makes higher low and lower low
DOW JONES fall prediction with levelsDJ:DJI down fall prediction using supply/demand zonez and support/resistence zones.
Dow JonesThis Chart of the DJIA was shared 2-3 days ago...... I am adding some MINUTE DETAILS to it..... WATCH !!! WATCH !!!! WATCH......
early signs of bottoming out or start of base formationtrendline breakout
double bottom
HL sequence on daily RSI chart
Dow JonesBased on Some Comples Fibonacci calculations to get the BOTTOM IN...I have given a Bottom Range of hardly 60-70 points apart. Once this Bottom is IN...... The MOVE UP on DJIA I believe will be LETHAL. Not Many will even believe the MOVE UP . Once this happens... the DJIA must cross over the 2 Areas marked in Blue Arrows. DJIA will not look back once it crosses over and will Move towards the upper 4 targets. Nothing will happen within a day or a week... So be patient as MArket will TEST YOU
DOW JONES CHARTThis imbalance gap was supposed to be filled and it did now we can expect some relief rally or a rebound post which the market will again bleed.
Dow Jones broke Cup and Handle Neckline Dow jones can see a correction of 30 according to me from here
DJI retesting pre COVID levels. Support Breaking. #DowDeepDivingTVC:DJI
It looks that US markets are ready to test March 2020 levels.
make or break for dowfurther downside pressure may drag dow to 24000, dow is an important support of its 38% of Fibonacci level
Dow JonesThese charts have been shared with you all even before....... The DJIA..... watch the LOWER RED LINE.... and DO NOT get Worried if it breaks this Line temporary as a """" THROW UNDER"""".....
DOW Jones WXYXZ Pattern seems to be complete.DOW Jones WXYXZ Pattern seems to be complete even though the Fibonacci extension XYXZ is just 0.9 and not =>1. Reason being XZ retracement has completed 5 waves showing > 2.68 times retracement starting from 2nd X. But we will get the confirmation of the reversal only if 2 daily candles closes above 31021. Thus we can start accumulating good stocks in small quantities at any retracement from here.
DOW Jones can correct till 27210 as well.
Dow jones made lower low yet again Dow jones has making lower lows with lower highs which is not a good signal in upcoming 6 months for USA and other economies such as Nifty.
To know full analysis kindly click on the
Dow JonesDow jones will revert back of area between 28500-28000.
There is a huge demand zone. As mention in chart
Dow Jones - Inverse Cup and Handle / Rounding Top - Key levelsTrading at key support now.
Levels in the chart.
Forming lower lows so far.
Dow Futures- What next after 52 week low ? Dow futures are trading near a very strong demand zone. the possibilities from here could be
it keeps consolidating - accumulation happens for sometime in this zone and jumps from here
it retraces quickly as per harmonic to 30900 lvls and falls from those levels
it continues to fall and may come back to re-test and down move continues
the probability of it retracing to 30900 lvls looks higher due to harmonic pattern, AWAP support , demand zone plus few sellers would prefer booking something at these levels and few buyers would try to average out at these levels so that they get decent exit.
What could be a possible trade ?
Good risk - reward would be to go long with small SL of 28900 lvls got a target of 30900.
Let me know if you guys think otherwise or have any better idea
Safe Trading
DowDow Trading setup
closing above resistance will trigger buying and forming temporary bottom
closing below support will trigger more selling pressure
I'm thing Dow is making a temporary bottom
Good R:R
Inverted Cup and handle Pattern : DJITechnically, Dow is really at a critical zone. Keeping in mind that Equity is a growing asset, today's DJ:DJI session would be very Important. DJI has given a close below its neckline and completed its Pattern. There are concerns of recession as well. Will the DJ:DJI fall and complete its target or there will be pattern failure? Here ADX is showing above 24, indicating that markets are about to trend. Rsi indicates the oversold condition in the market.
* It is just my analysis and no recommendation of Buy or Sell is Given.
WE BOUNCE THIS WEEK!Historically, when 200 MA is tested on weekly frame, it bounces. IM looking for this bounce- retest- lose 200- bearish retest- continuation to downside.
DJIAAs said in earlier update, 29890_29400 support zone and 200 WMA have been tested and made low 29250 but closed in between the support zone. Now sustain above this, we may see bounce or
below that, there is a unfilled gap zone in between 28902_28495 which may act as support for near term
