Dow Jones: Monthly view17 month Bull rally in danger.
Still early days, but once on monthly basis Dow closes below 33800, carry short Target 28500-29000 in next 2-3 months SL 35500
DJIA trade ideas
Dow JonesDow Jones will Touch 35000 in Next Few Trading Session.
Its just Educational idea.
Just Observe it.
dow jones bullish butterflydow will make new highs it is falling just to make pattern and follow it
it can rise from any of the yellow trendlines and will surely bounce from lowest yellow line
DJI Chart
22nd Sept is an important date for trend change.
If it break that level then massive selling.
If it sustain, we can see upward move.
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Dowjones going towards 36078The resent pattern formation of Dowjones looks to be making a Flag formation and a rising flag.
I am of belief that this will make 3-3-3-3-3 zig zag movements in this flag.
3 days ago, if Dowjones have not closed above the bottom trendline, then i would have thought of this as a diverging broadening pattern.
But closing above the bottom trendline comfortably is the confirmation that this is a FLAG pattern and that DJIA can move upto 36078 before gain falling to meet to lower trendline.
Traders, should wait for a dip of 300-500 points and then go for long to meet 36078.
DOWUSD CHART UPDATE DAILY CHARTDOW CHART update exactly reverse from given point ...expecting movement as per chart uploaded..
trading view on dowjones for today(TRADE ON YOUR OWN RISK)see above view is completly my personal view so do your own study and then trade if had any loses then its on your own, not my fault.
LOOKS LIKE FED IS GOING TO GIVE SOME KIND OF GOOD NEWS WITH TAPPERING.IT MAY KEEP INTREST RATE SAME OR IT MAY TELL FIX DATE TO TAPPERING.
SO DOW LOOKS BULLISH FROM HERE IF IT BREAKS THE HIGH GO LONG.
IF HAD LOSE DONT BALME ME
US30 (1M)The price has a chance to recover and can rise further.
trading
Look at the key support and resistance levels.
DOW JONES INDUSTRIAL AVERAGE INDEXA wolfe Wave has been spotted in DOW JONES. Although there are no clear signs for reversal but it definitely calls for being cautious,until & unless it is not discarded.
CHART BY - ADARSH DEY
Dow Jones - Ready to Fall BIGA Long Wedge has been broken in Dow Index.
33,850 is the level to watch out for, if it can provide some support or not. Otherwise, big fall expected.
Fall comes when no one expects it ;)
dow jones bearish batdow is getting ready to fall atleast 614 points after it goes below upper yellow line
Sell idea wipro on top fibo forcastBest selling idea wipro fibozone 690 best SELL 690 TARGET 10-15% SL 710
Doww JonesAs predicted in the supportive study below.
35977 was a strong hurdle and not able to sustain above that.
heading to sub 34000 levels soon
Dow Jones will make a new high ! Simple positive reverse divergence.
While the world is thinking of crash, I am of the opinion that DJI will not only move up, but it’s also up to make a new high. White line is the Target.
This is just a chart pattern discussion. Please trade your hard-earned money on advice of a registered stock market expert. I am a newbie trader :)
An Professional Out Look , Bull Trend In Progress I have made an efforts in Explaining the Market is still in bull trend , Most do not understand they come under fear when they are holding their position
One can understand upcoming changes and act towards their holdings
Goodluck
dow will come 34751simple gann analysis.
The DJI looks weak and can come to at least 34751 break the current level of 35000.
Neutral
Regards
Signs of Exhaustion in DJI The above chart is that of daily timeframe of DJI. We can see that the index has been following a long term support trendline from which it has taken support 5 times. This shows that the support may be weak now and it will be easier for sellers to break the support if the index moves any closer to the support. In addition, we can see that the RSI is flat to negative even when the index is making higher highs and higher lows. This signifies that even though the index is moving up it is not being supported by good buying strength.
The index thus is showing signs of exhaustion. Thus the index may either consolidate at these levels or breakdown below the support trendline. Only when the index moves higher and considerably away from the support trendline supported by healthy RSI, one should go long.
What should we do?
If the stock consolidates for a considerable amount of time, and breaks out then only we should go for buying. Otherwise we should look for selling since it looks like a good selling opportunity.
This is not a recommendation. It is a simple analysis employing only trendline and RSI Indicators. The index may not perform as predicted.
Dow Jones.......... Still upside left?Bulls are in control.
But a very range bound movement seen..
Trade the levels marked...
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