Trendline break and retestThis is a clear trendline breakout and retest on DJI 1D and 1W timeframe. if this week candle close above previous week high. We can see some recovery in US Markets
But Nasdaq still in pressure
DJ30 trade ideas
If Dow closed below 32300 then more pain ahead.This is just for educational purpose only, not for any buy or sell recommendation.
Will Dow Jones turn bullish?On daily down first broke the downward trend line, then tested it & formed equal lows there. Whereas on hourly it is showing signs of a shift in market structure, it has already given a BOS & has formed its first HH & HL pattern. If it gives a 2nd BOS & forms another HH & HL then it will become buy on dips for the near term.
Dow intraday 21/12Dow intraday 21/12, should come till 1.618, it can bounce from feb retracement 38% lavel
US30 SHORT TRADEsupply zone for us 30
trend :uptrend
supply: 1 hr supply
trade idea :short
(trend is against short trade falls in to aggressive setup)
US30 Buyers be ready we are gonna see very big upmove soonUS30 Buyers be ready we are gonna see very big upmove soon
DJI agressive short for people with channel break strategyTVC:DJI DJI agressive short for people with channel break strategy. there is a pending down move if we are in recession driven zone.
Golden crossoverolden Cross is an important technical indicator of bullishness. It occurs when the short-term moving average crosses over the major long-term moving average on the upside. 50-day simple moving averages (SMA) crossed their 200-day SMAs
DJI analysisTVC:DJI Following closely we are open to both up and down trends. The moves have been difficult terrain and lot of rumors of recession. This needs to be seen so we are just waiting for the kill.
DOW JONES LONG TERM ELLIOTT WAVE PROJECTIONFRED:DJIA
SUPERCYCLE Degree Wave 5 in Play.
Bull Market has Much Higher to go.
DJIA - Still Bullish on Quarterly Chart - For Positional Players
1) TVC:DJI is taking support of 20 EMA on a 3M timeframe. Still Dec 2022 has 10 more trading sessions and I would eagerly wait to see where the monthly candle closes
2) RSI sort of made a double bottom and has started rising approaching the SMA. If it crosses the trend lines marked, expect a sharp bounce or sort of a breakout in Dow Jones.
3) Also please ignore the trend lines on the chart itself or WTF TL as those are my markings on small timeframes :-)
Let's see how the story develops. Best wishes!
Disclaimer -
- The opinions expressed here are my own. This is for my own records as well as what I see on charts.
- If you are referring to this, please keep in mind that it is only for educational and research purposes.
- Past performance is no guarantee of future results.
- You must accept responsibility for any decision you make. DO NOT TAKE THIS AS AN INVESTMENT RECOMMENDATION.
- It's your hard-earned cash. Trade / Invest wisely, keeping in mind your trading style, goals and objectives, time horizon, and risk tolerance.
- Before investing, conduct your own research and consult with a financial advisor.
TIA!
DOW CAN START A BULL RUN ?TVC:DJI
RSI is at 20 in 4 hours chart
There is support zone which was earlier resistances zone
This is educational purpose
DJIA Bullish* DJIA Took a support at 20 EMA support on a 3M timeframe
* RSI is heading to a strong zone
* If RSI crosses the trend line then we will see big breakout
40000 Incoming!
DYOR! Please don't take any call based on my view.
Dow Jones -Daily analayis - US 30 CMP 33300$ Short for Target Dow Jones -Daily analayis - US 30 CMP 33300$
Short for Target 32550- 31920- 31100- 30370- 29200+28700++
SL 35000
Dow looks like has further downside Dow is looking like coming down to 32500 soon
a head and shoulder pattern formation
Maribozu at the neck like
Be aware!
US 30 DOW JONES LONG OPPORTUNITYUS30 touch previous day low and major support
Buy 33450
TP 33660
TP 33780
US30 SHORT Sell OpportunityUS30 SHORT Sell Opportunity
Wait for price to enter range and take 17:3 RR
SELL US30 34600-34625
TP 33620-33600
Dow JonesAmid fear of Inflation and rate hikes Dow has actually performed very well ignoring last to last hawkish commentary of FED.
Well we focus on price only and my algorithm has churned out some important levels for the month of Dec 2022.
I have marked those levels on the chart for ur perusal..
Happy Trading...
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Dow Jones Looking for 36000 Plus In my view Dow Jones can cross 36000 above in 1-3 months and create new high approx 40-42 thousand, why because check the retracement from 2020 and 2022 level , it respect to 3rd line (March-2020) and 2nd line (Sep-2022). and now it's moving to 36000 levels. It's monthly chart, I like to analysis long term investment in Monthly time frame. it gives Many big breakouts.
