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.
US30 trade ideas
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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DOW JONES 1HRDow jones can go. Down from here there is a good chance to make short position from here
US30 aka Dow jones at confluence of support.US30 is at a confluence of weekly support, the earlier resistance trendline being retested and now acting as a good support, also there is a horizontal supply zone.
short reversal can be played please refer to the chart.
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Head and shoulders pattern @DJIA IndexIf Dow Jones Industrial Average Index(#DJI Weekly Log Chart) Close below Read Line(Head and Shoulders NeckLine) On Weekly Chart Than Head and Shoulders Confirm .
The head and shoulders pattern is believed to be one of the most reliable trend reversal patterns. It is one of several top patterns that signal, with varying degrees of accuracy, that an upward trend is nearing its end.
Dow Jones Industrial Average AnalysisDow Jones suffered a major fallback in April. The index is moving down. We can expect a reversal only after it surpasses the breakout point at 34103. An almost Double top formation was observed between 26 and 29th April
Dow Jones Bottom Out 31600 - 31000if Dow Jones breaks the current Swing low - 32800
then Expected fall will be 5% to 6%
DOW towards 35000...LONGDOW towards 35000...LONG, Divergence, check HILEGA MILEGA cross over for confirmation,
today candle is seriously crucial for US30its forming divergence in price action with RSI
as well as in daily TF formed Double Top if todays candle close is red than more power to TA for short confirmation with shorter Sl and favorable Targets.
Asses the risk before initiate Trades.
please refer to the chart.
Gratify if you appreciate the practice then you can like it, share it and
If you want me to investigate any chart for you then would cherish doing that for you.
Thank you for your time and support.
Stay safe.
