Dow Jones testing IMP levels.On weekly time frame DJI testing very crucial trend-line.
Breakdown will lead to massive sell off or any upside from here could make short term bottom.
just a thought not a trading idea not investment advice.
US30 trade ideas
dow jonesThe Dow Jones and the path it is Likely to take going forward. No amounts of SVB failures will stop this Last WAVE UP. Let the FEAR grow MORE. When LEHMAN BROTHERS went Bust in 2006-7 or something like that..... the markets tanked for a week or so.... and that was the END OF THE BEAR MARKET at 2204 or so in 2006-07. SINCE that day... calculate your RETURNS until today had you stayed invested. WHEN THERE IS FEAR..... GO OUT AND BUY.... WHEN THERE IS EXUBERENCE GET OUT
DOW JONES mega fall prediction with levelsDJ:DJI dow is all set to break weekly support and strt journy for mega correction in next coming weeks, be sure to take confirmation of support break and retest for positional short trade, might take a couple of days if support is not broken today, but it will break for sure.
Enter in green box.Major support if it break go down to blue line.
Risk 50 (32,395) pip sl and buy for target above red box.
dow jones industrial Started Down Trend ? One Day Chart Analysis with key Support and Resistance
Support Zones
First Support Zone - 32000 - 31920
Resistance Zones
First Resistance Zone - 34360 - 34280
dow jonesFor those who think we are in a BEAR MARKET....... Think again. Price has been consolidating for the past 4 months above the Green TREND LINE as marked. As Long as this Trend Line holds..... we are Going to the MOON with time. If you Look at all the previous charts I had posted..... In Nov/Dec I warned you all that we will go UP no further.... that Bank Nifty and Nifty would fall. Have a Look at those charts and you will know that my markings were spot on. I warned that the METAL SECTOR would fall. We went up in the Metal space for precisely 10 days.... and since we have been falling. I had catagorically said.... these are weekly/ Monthly charts and will NOT play out in a day or two.
Us30 buyUs30 buy chance target-33400 long term 1 or 2 week timeline note-check before Trade do no risk 5% more than your capital my last post US30 target also change sorry for this post changed target-33500 to 33400 guyss
Long term us30 go bullies target-33500 us30
I personally watch all day us 30 before I create chart check before Trade
5th weekly failure to close above 34k for DOW!Its been 4 weeks, where DOW has failed to give a close above 34000 levels. With flux on inflation numbers coming in recently, it seems to be a clear mandate that FED is not turning dovish anytime soon. Moreover they have suggested that there might not be any rate cuts in the scene until end of 2024! This sends shivers up my spine and makes me wonder where are we headed towards. Jobless claim numbers, inflation data all point to a hawkish stance from FED. With 2Y-10Y yields being inverted for more than 270 days now, it will be astonishing to see what the future for equity markets hold. From what it appears, I can't rule down a deep crash coming in 2-3 months which would push the US economy into recession and that would give FED an ample amount of PROOF that the labor market is slowing down for real and the inflation numbers are well under their grip.
With such kind of situation looming I am extremely cautious towards any fresh investments in equities in Indian markets( I am an Indian markets trader and an investor). For the time being I have parked my capital in FIXED Income schemes present in market which include Fixed deposits and Gov T Bills. Waiting for the clouds to clear so that I can clearly understand where the market is headed towards.
But this is for certain that such major rejections are not a good time for the foreseeable future.
Would request everyone to be ultra cautious for any fresh new investments in the markets. With such high yields, IT company layoffs, labor market not loosing its steam, US fed's hawkish stance and the yield curve inversion, all seem to point out to a fact that equity markets, sooner or later will be witnessing a sharp correction, only question that needs to be answered now is WHEN ?
in.tradingview.com
Expecting buy in US30Major price level has broken out in US30 and expecting a buy move with RR 1:1.2
BUYING AHEAD , IT INDEX CAN GIVE GOOD RETURNS@akshaybaheti50 , Hello Traders , This is Akshay Baheti , from Hyderabad .. seedhi bath no bakwass... buying ahead.
Us30 is bullishGuyz according to my analysis is going bullish trade accordingly
Follow risk management
DJI Intraday
Expecting DJI to trade in a range 33764 - 33436.
Resistance at 33764
Support at 33436
Price action can be seen if there is breakout of the channel on either side.
US30 Bearishlooking for sells off my confrimation
ANALYSIS HAVE LITTLE INFRMATION PLEASE NOT TAKE THESE INTO CONSDERATION
Welcome to 2023 Rising Wedges Trading Year!Wedges trading year!
Eating from trading wedges. Look at these indices US30, NAS100 and GER30.
