Dow Jones long term possibilty.................... Might be we r forming an expanding triangle structure in Wave 4 of Cycle degree Wave 5. Expecting this triangle to play out till nxt year followed by a final bull run of 3-4 yrs, before the Big Crash !!!
Dow Jones (DJI) weekly chart study - Megaphone (Broadening top)
DOW JONES is hitting TOP of monthly channel trendline. Time to take a big pause of bull run?
The Dow plunged to its biggest-one day percentage loss since October 1987 as fears the spread of the novel corona virus will pick up pace and usher in a global recession. Level has been mentioned. Recovery duration 18 monts. Disclaimer: Buy Sell is your choice. No Recommendation. Cheers! Vikas Gupta
An Algorithmic analysis for the Derivation of Levels and Strategy for Dow jones Index
dow jones if broken below 1000 more points coming in a hurry and many more till the trend is safe
FOLLOW JUST FOR EDUCATION
Last ten years DJI fell less than 20% and reversed Lets see what It does this time?
Expecting a bottom in Dow / DJI between 22100 -22800 levels. Trend lines indicate probability of these levels.
Support band is between 20887.2 to 22499.8
DJI repeating history. Might be near bottom if it sustains current levels and bounce back.
Dow Jones DJI making a 61.8% retracement. Expecting a bounce very soon.