DJI - Can go down upto 30000Dow Jones had made head and shoulder pattern and can go down upto 30000.
US30 trade ideas
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.
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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.
DOW JONES ANALYSYS - What if analysis for a PERSONits a long longgg longggg term strategy at various levels of DOW JONES - take this analysis on a lighter NOTE :-)
DO NOT MAKE any investment bets based on my DJI ANALYSIS - if you are doing so i am simply not responsible :-)
#DJIReady for 29982 - 29398 / 29199.35 for a support or shall dive deep further down
No Momentum seen for upside
Rounding Top in Dow JonesWhere we are heading for...
see the weekly chart of Dow Jones it clearly showing we are in a rounding top.
And this is a bear market now till we reach 29700.
Be careful and keep stop losses ready.
Regards
dji may be bullish for long termDow jones running at 38% and also abc 161% range with complex correction. like as 4 th wave. so may be good bullish for next wave.
DJI FUTURES ....DJI FUTURES ....id this pattern is going to be happened we can see very much fall in our NIFTY/////
Dow Jones ..Dow Jones looks very bad....breaking all the supports ,once break the previous low ...can witness...31500 level soon.
DOW JONES,DJI ,Taking support at 100WEMA and pred covid trend lDow Jones taking support at 100WEMA and pre covid trend line.below this ,expect further correction.
DOWjones FUT..DOWjones FUT..has broken the supporting trend line ,so expecting this to trade like as expected in the chart.
Dow JonesDow Jones... factoring in fed rate hike only in range.....
This range seems to be for few more trading sessions....
Have marked the range...
Happy Trading...
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