US30 Analysis, Will US become bullish?US30 is facing a severe downtrend and extremely bullish for months it couldn't quite break the 35000 mark. will it atleast break 32000 this week? well, it all depends on the FED meeting result tomorrow. It has to return from this or 29800 Range.
US30 trade ideas
DJI is really scary with potential down target of 29850DJI gives a potential dowside target of 29850 unless the top of 2022 is not broken.
US30 Analysis Market now in previous level of Major support level
Hammer candle formed at the support level
Buy @30127.47
Stoploss@30000.00
Target @31006.00
DJIA : Trendline support and 38.2% retracement #DowJones : 38.2% retracement
29600 (pre Covid high) can be Bo retest
Trendline Support
so this can be important zone 30000-29500
@thekalal
Dow Future: Positive Divergence on hourly time frameCan we expect surprise today for upward movement to resolve the divergence in hourly time frame?
Power of Triple Top Chart Pattern
In Dow Jone Index we seen Triple Top formed on hourly time frame and given Breakdown.
After Breakdown seen a huge Fall in index of 7.25% which is the huge Fall for any Index in Market.
Now taking support at 30145 which is trend line at daily timeframe and will try to recover.
Dow Jones - Buy - Sl day low - Targets follow FibonacciDow Jones - Buy - Sl day low - Targets follow Fibonacci
dow jons 15 min intraday V shap recovery dow jons 15 min intraday V shap recovery tread perfect timeing
DJIA: Positive Divergence on hourly time frameDJIA is forming positive divergence on hourly time frame. Can expect a bounce back till 31400 to resolve the divergence
DOW JONES: A leading diagonalIndex is unfolding as a leading diagonal of which 4th wave is already concluded and right now we are into the last stages to complete the 5th wave of this leading diagonal which will bring the index below the level of 30635 in the near term. Traders should remain short for the minimum target region of 30600-30000 in the coming weeks with stop loss of 32600.
US30 4h chart sideways and slightly bullish If it breaks 31800 it's bearish but for now it'll travel sideways and might go up as well.
Deep crab Expect a sharp fall in u30 . In 2 days . Will effect the world market and probably the Indian market will show a sharp correction. Bank nifty targey coming in the range of 34650-34500. Let's nuke it
DJIA: On the verge of Flag & Poll BODow jones is looking good for Flag & pole BO. Keep on radar for BO.
Dow Jones Elliott wave countNow we r on complex correction so
Wxyxz correction
Wxy wave completed
And we r on x wave
X wave : coming as abc correction wave
Z wave will make new bottom for go towards ATH
Dow Jones 4H Set upDow Jones 4H setup shows... channel breakdown..
levels marked for trading... trend is down if close below 32800- 32750 range..
Happy trading..
Dow Jones industrial average Elliott wave count Here its dow Jones industrial average Elliott wave count present
We are on bigger Z way
Subwave of Z wave are wxyxz
U can seen in the chart wxy completed
X wave :-
Now we r on x wave
X wave coming as ABC wave
X wave went till 0.618 fib of y wave resistance from their
So near to end x wave
After x wave
Our z wave will start soon
See u at below 30k soon
If u have any doubt than ask your question
Over bought zone ?once we find a reversal we can Expect DOW to fall around 31600 this target is valid till and if sustains the current level the target could be 33000 to 34000 hope to see you guys in comments Thank you :)
DOW seems to be retracing to the upper end of the channelDOW seems to be retracing to the upper end of the channel towards 34200 areas.
