dow jones has entered bear setupAfter a proper retracement dow is now ready for the down leg. RR is 1:2
US30 trade ideas
Dowjones US30 - Important Levels....Dow jones index is well under pressure.
Will find resistance near 35256.
Bullish bias only and only if closes above 35757.
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DOW Chart snap short viewDJ chart snap shot
Support need to be found at 61.8% as shown in the chart and at horizontal line.
RSI approaching oversold on daily.
If crash get vertical to break retracement 61.8% and horizontal line then expect down retracement as shown.
Hope to find support at horizontal line
#dowjonesindustrial For a New high Dow closing above level 35683 and if sustain we can say that it can move further for target of 42240 while following below levels and considering it Support and Resistance.
Level 1 35683
Level 2 37960
Level 3 40448
Final Level 42240
Support Level
Level 1 35084
Level 2 33562
Dow Jones Index & Markets - Crash of lifetime ! are you ready ?So DJI has reached its corona maxima.
This is it. I do not see markets going up for a long time. This correction will be for a long and annoying time.
If the red line is breached significantly then consider this failed and ignore.
But it’s going down today or next coming weeks!
Best of luck to all of us.
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 :)
Long Term Forecast One Can Look for unfolding of the patterns as per forecast , when you are in the trade make sure you have completely analyzed the forecast on daily too
Hope you will enjoy this ride of Primary W 3 ( Cycle 5) then expect side way move before it start heading towards Grand cycle W 5 of 5 43800+
Good luck
DJIDJ:DJI
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