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
US30USD trade ideas
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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# DOW JONES PROFIT HUNTING💲# WE WILL MAKE ONLY PROFIT💲💲💲
# If you ask me can i buy DOW JONES FOR LONG TIME i can't agree with you.
#DOW JONES CHANGE THERE TREND EVERY DAY THAT'STHE ONLY TIME YOU CAN MAKE PROFIT THAT'S WHY I LOVE THIS TRADE.
# this time DOW JONES OVERBOUGHT great time to PUT(PE) but only for 1 Day.
#I will try to Publish My opinion Everyday.
# This is my opinion.
IF YOU HAVE ANY PROBLEM OR NEED ANY HELP THAN COMMENT OR MESSAGE ME.
Dow... What next...Bearing a channel support zone...
Also nearing very good bounce back zone... market in green line...
Happy Trading...
Enjoy....
ASIANFOREXBased on rsi trendlines ema fib retracement on RSi it has been overbought and 50ema is touching rsi line
Expanding triangle formation in DOW It looks like an expanding triangle is forming in wave 4 of in dow jones post which it should again go for a new high before that it must test 34600
Window to be filled?Will this window be filled during the next fall?
It's believed that gaps are filled, in general.
