DJI trade ideas
DJIA LONGExpecting DJIA might reach 41150 by next month end....
My own algorithm shows Good Upturn chance....
DJI If rejects from red line in next hourly candle or any closing below that then could test below 📉 📉
green line or 39819
Disclaimer:
It's a personal view not a financial advise and I assume no responsibility and liability whatever outcome arises.
DOW JONES INDUSTRIAL AVERAGE INDEX GANN WEEKLY ANALYSIS MAY 2024DJIA had a major swing from high of 03 Jan 2022 and low at 10 Oct 2022. The low of Oct 2022 came in at 28660.94. This was an important low as per Gann Master Square of 144. Thereafter we had a target of 36000 which was achieved nearly on 50% of weekly time cycle at high of 35679.13 on 31 July 2023. Correction was expected till 32400 levels we got an low of 32327.20 on 23 Oct 2023 an anniversary date of 10 Oct 2022.
Something workout to the perfection in Gann trading systems. It is for us the students of Gann School of thought process to follow the knowledge given by the legendary trader W. D. Gann himself. Also forget the heresay about him and the mysteries or doubts of his success as talked about in the media. You have to prove the things to your satisfaction and you will be a success are the very words of the master trader himself. Doubting is easy and proving to yourself is always hard. After doing it to your satisfaction there is no need to prove it to the world. Work silently and be happy.
After 36000 we were looking at the target of 39600 and voila we achieved it on 18 Mar 2024. Therafter correction to 36000 was expected but was restricted to 37611.56 at 50% level. The 50% rule will save you always to be on the right side of the markets. Currently we have cluster resistance at 39753.86 and 40101.02. The recent swing high 40051.05 so we are there at the cusp of the target. 40000 to be watched hereafter as psychological resistance or support whatever you call it. Major level ocn charts coming at 41141.66.
N.B. Not a financial advice to buy or sell.
With usual disclaimers as applicable within the reach of this
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Dow JonesAll detail for chat. good entry at mark price only. and must stoploss minimum risk and good profit. risk ratio 1:1 in first target. This is not call, Just my idea. Please understand your risk and take full responsibility of your actions
SL 1Hr candle close only, Target Trigger Price
Sell Dow jones we will see good fall in few days On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Dow nears support zone !Support zone: 37300-37600.
Dow should take support and should consolidate at current levels. Stoch RSI looks pretty sold out. If it cannot sustain this support due to any unforeseen circumstances next support is at 34122 which is highly unlikely. On upside first target is 38928, then 39913.
Dow Current Rally could fail to complete Rest Before Next Up legJust for educational purpose trade at your own risk.
I only trade Indian markets.
dow jones oversold in shortterm cmp dji - 38590
mostly down due to feds hawkish and global cues i see it as knee jerk reaction .
rsi was at 7 and 20 in low time frame but steep correction is buying opportunity
target - 39000/400/800
just a educational idea and not a trade idea.
Dow Jones and US MarketsUS Markets are showing a lot of resilience and I do not expect them to collapse like many are claiming. If US Holds its levels, we will also remain strong during this pre-election rally.
TVC:DJI
Dow Jones Ind. AverageDJIA is about to start a downtrend after failing closing above 38600.
Now It will be going to touch 37000 and next to 35200.
Dow jones buy on dip will go higher and higher On Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
us 30 Looking For Sell it's looking sell with 3 resones. 1. st it's grab pre week high liquidity 2. nd also grab pre day high liquidity and 3. present 4hr timeframe strong orderblock with fvg....
Dow Jones is turning back to its resistanceWill the bullishness of US dow Jones will fly high or fall back from the resistance.. Lets watch with own unique 100% working levels
us30 looking for buyas per price action showing price can be riverce we can see in 1 hr time frame AMD formation with daily bias and daily poi ..... with proper r:r ratio.... one can enter.
Need To Open price on monday with in the range . if there is a big gapdown or gap up then ignore this analisys....
Dow Jones its jus Retest of 1 year old breakout pointThe B leg that went deep 95+% of A then failed tells us its flat correction.
After doing year long correction breakout in Dow was seen in Dec 2023
Good Chance is to have sharper up move once retest is completed.
Internal wave count may not be accurate and best if ignore, focus more on support area near breakout point.
Let me know your thoughts below
DOW JONES:- We may see a bounce in dow jones We may see a bounce in dow jones because as we can cleary see a bulish abcd pattern in dow jones.
but we have to keep that dynamic trend line in our mind, which is acting as a proper resistenece for dow.
Dow analysis after hitting SL in previous analysis 15-04-2024I have entered a short side after breaking that cyan line. And target is the below CYAN line. I have used trend, pattern and price range. Its very volatile market. Always maintain a SL.
DOW projection for Next week.I have analyzed based on trend, candlestick, support & resistance. After combining three method i came to this projection.
It is for study purpose only not a recommendation. If it is helpful please share and like the page.
Dow jones US buy near 38k upside Target 39900 and fresh new ATHOn Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Us30 looking for BuyAsper price action we can see reverse head and shoulder pattern and also as per ict grab liquidity at weekly support level and can't stay blow it... So we can see price will go up because buyers showing intrest to buy it. It can be make new life time high.....
Dow (US30) seems bullish, indicating a buying area on the chart Referred to one one-hour chart, the Dow (US30) seems bullish:
# After rejecting sell side stops, closed above the nearest swing high.
# Breaker Block.
# Fairly taken inducement.
# 3 points confirmation alert.
Note: This is not a recommendation, or educational purpose only. DYOR before taking action.
