Confused Triangle has formed on the Daily. We are in the apex, so awaiting a breakout. First 7>21>200 - Bullish RSI >50 coming down (mixed) Target up 36,288 Target down 31,559 This clearly shows the confusion with the index as well as the fundamentals with the uncertainty with interest and inflation rates. The Fed is having a meeting tomorrow to discuss the...
34000 looks like a good resistance. TP1 should be 33320 and TP2 32980 for intraday.
Old Cup and Handle on Dow Jones is still in play and the target remains at 36,694 A new C&H is almost confirmed with the break to the upside. The new target is 39,000 7>21 and price >200ma Broken out of medium term downtrend Bullish The Dow Jones seems to be following the January effect (with expected upside) Also, with Inflation coming at 6.5% as expected,...
h&s on 1 week timeframe in dow jones looks like worst is over bullish on dow
🔰You can see the analysis of the Dow Jones index in the four-hour time frame (US30_ 4H) 🔍🧨 💥Considering that the price has been able to break its Up trend line🖤, if the price can reach the intersection of the Up trend line🖤 to pullback❗ and the SUPPLY zone, it can fall to the DEMAND zone🔻🌠 Do you think this analysis can be profitable🧐❓ I hope the analysis was...
Looks like consolidation time in box with immediate resistance at fib 61.8% and support from 38.2% S1 : 33000 R1 : 33400
In our view, DJI remains bearish . What we can see on a chart is a potential deviation in a well-defined downtrend . RSI looks weak and remains in a downtrend. As we're bearish on other major idicies such as SPX: We expect that DJI will continue going down. Long-term targets and potential path for DJI are shown on the chart. Good luck
Dji recent touch on the 50 & 0.617 Fib region and the retest is a confirmation with other technical tools that the US30 is et to reward SWING TRADES with +/- 2900 pips according to DANCOLNATION CAPITAL trading strategy.
The index is trying to move up and yesterday it treaded positively the sustained and formed a flag type pattern so possibly its preparing for another upside move.
TVC:DJI DJI is clearly moving in a downtrend direction in the 30m timeframe. However, it stopped making a lower low yesterday plus it has a bullish divergence signal between price and RSI. This bullish divergence is signaling a chance of trend change to either a sideway or uptrend direction, which we need to monitor the price action today. If the market opens...
Use strict stop. Wait for price to reach Entry as indicated. First TP @ 44383.38.
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Imagine the smell of this legacy stock pumping to $500 in 2023 only to get everyone thinking bear markets over then huge rug to $2. I don't make the rules guys.
Given that we are headed into the release of the November Consumer Price Index this upcoming (Tuesday, December 13th) and also the December Federal Reserve Interest Rate Decision (Wednesday, December 14th) , are markets set up for another short opportunity into the end of January (Q1)? DIA DJIA Daily Chart Template www.tradingview.com Which camp are you in...
Its look great to short here because we have some confirmation so enjoy it the rising channel have been breakdown and the RSI is making bearish divergence
After moving sideways for a while, we're expecting Dow Jones to drop into the orange target zone between 32 762 and 31 980 points to complete wave iv in orange in order to push the trend back up to the orange target zone between 34 305 and 35 466 points. After managing to pull itself up there to compete wave (i) in blue, we expect the course to drop back South. In...
According to the harmonic pattern AB=BC is showing the bareish signal and also it is near resistance area good time for short
🔰You can see the analysis of the Dow Jones index in the four-hour time frame (DJI _ 4H) 🔍🧨 💥Considering that the price has been able to break the Up trend line🖤 and pullback💜 to it, if the price can reach the intersection of the SUPPLY zone and the Up trend line🖤, it can fall to the DEMAND zone🔻 Do you think this analysis can be profitable❓ I hope the...