US30 sell to buy idea in higher timeframe market is currently bearish forming LH and LL. market after hitting a 1d imbalance form CHofCH 1h 4h timeframe telling market could possibly reverse from downtrend to uptrend in lower timeframe to fill the imbalances which was left open. market came back and fill the imbalance below and show a large push up showing buyers are in control there also market corm a change or character overall i am looking for buy from the imbalance left open in 30m timeframe.
also have a sell idea from a 4h supply above the market with lower timeframe( 15/ 30m) confirmation. if market break the above swing high them it is telling us market is in uptrend still short idea is valid from that demand.
WS30M trade ideas
"NEGATIVE NEWS VS CHART Behaviour in today US Market"Today US inflation data came above expectation which created panic in opening of US MARKET iwth 500 points gap down.
This case study will help you how data analysis in form of demand supply chart supersede too much pessimism around us.
Must watch.
Bullish Divergence in Dow Jones Industrial AverageRSI Bullish Convergence was there on weekly charts of Dow Jones only 5 times in last 20 years, which was always followed by average 15-18% market rally
similar RSI convergence is visible on weekly Dow Jones chart Right now, pre-covid highs are acting as a support
Disclaimer: Chart, data and levels for study purpose only. I am not a financial advisor. Use your intelligence before investing.
#US30 Dow Jones, recovery is on card!!!#US30 Dow Jones, recovery is on cards and 32,185 to 32,900 is visible on the chart, before the next leg of correction.
Regards,
SG
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 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 broke Cup and Handle Neckline Dow jones can see a correction of 30 according to me from here