WALLSTREETCFD trade ideas
Not expecting price to cross 61.8% retracement (33520) of the enNot expecting price to cross 61.8% retracement (33520) of the entire fall
DJIADJIA
Trend line breakout situation has been witnessed.
RSI > 50 but showing minor negative divergence as it exited the overbought zone.
Price rise currently not support by rise in RSI.
Trend line breakout may take DJIA to 33800-34200 range which is marked
with horizontal line.
Overall as long as 31800 is not violated, volatility, correction and consolidation above 31800
will help to build a rise to 35400 and 36900.
Support could get generated in case of fall back to trend line for minor correction and consolidation.
Expect DJIA to move higher to test 33800-34200 in near term with volatility.
Us30 long possible Us30 dow jones buy @ 32603
Stop loss 32063
Target 33365
Trade based on pure price action and breakout of last resistance in hours 4 candle
And level 33080 is broken so we are opening a buy trade
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Dow Jones make it or break it moment!!Dow Jones is at weekly trendline resistance, with election results due & CPI data tomorrow will it break or give a fake break.
Us30 long possible Us30 buy @ 32887
Stop loss 32687
Target 33300
Trade based on trend reversel and pure price action
US30 - Dow Jones Industrial Average Weekly OUTLOOKPossible US30 Weekly Setup.
We have tapped into supply on the HTF and have seen a change of character in order flow. Possible bullish week for stock indexes following the increase in interest rates by the federal reserve last week.
Week of 7 - 11 November 2022
This is not a signal.
Us30 short possible Us30 sell now @ 32151
Stop loss 33100
Target 28947
Trade based on breakdown and pure price action and news based trade try it and thanks me later
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Dow DJI Starting Traveling Downwards Long Down Chanel , BearishDow DJI Starting Traveling Downwards The Long Down Chanel , Bearish TVC:DJI
VERDICT DOW JONES (DJI) Be Cautious
Dow Starting Following and
Traveling Downwards The Long Down Chanel
and Could Drift NIFTY Also
Indicators Bearish
T1 30150
T2 28630
Only For Study Purpose Only
Dow jones Can resume his down trend ?Dow jones:- As per chart it is trading in down trend. Now reach to upper most potential resistance Zone 32400-32800. yesterday a inverted hammer candle come which is sign of rejection or reversal.
It may be correct quickly 1000-1500 in 2-3 days and also more pain come on chart soon. Nifty and B-nifty also feel pressure from global cues.
#DJIUS Commerce Department showed that personal spending rebounded in August, pointing to a still resilient economy.
Fed Vice Chair Lael Brainard echoed the central's bank intention to bring rates to a restrictive level even at the risk of a recession
This dollar’s strength was seen across the board, with some of the most pronounced buying activity against the British pound and the euro amid growing economic and energy worries.
Technically: Critical support levels for Dow is 27616 which is also a 50% retracement levels from the low it made 2 years back.
Dow JonesDow Jones rallied nicely in last 3-4 trading sessions..
Dow Jones waiting for direction as per Fed rate hike news...
In any adverse news identified support levels.
32168 is a very good supp. below that we can see more red on Dow.