Dow Jones made some successive bottoms that seem higher than the previous It seems to be bullish , it penterated the resistance level at 33474 , Now it is the time to test this resistance again that converted into support . It is a short trade so keep the stop at 33800 . If you liked this idea boosta and follow > keep stop please
Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single...
When it’s cold outside, it’s always important to strengthen your body’s defenses. To boost its own immune system, Dow Jones is currently taking an invigorating sip of hot turmeric-ginger tea in the form of the orange zone between 33 283 and 31 689 points. We expect the index to expand this healthy swig to finish wave iv in orange. Afterwards, it should be...
The price break of the trend, and according to my analysis, the price can be corrected. Caution observe the money management and the stop loss, to know about them, follow me and comments and wait for the update.
the price after strong bearish run and a HTF bearish engulfing candle close, formed a small structure with some ranging on small TF by facing support at 32041 & resistance at 32234. Now if price makes a break & closes below the recent support in atleast 30m-1hr TF then price might continue its bearish run towards next support at 31719 or all the way to...
Price after a retest on HTF resistance, its currently on the pre stage of forming a build up or ranging phase. So wait for the price create more highs & lows forming a proper support and resistance in that ranging phase. After such structure is formed, then we can look for trades on the breakout of such structure anticipating if price could continue moving bullish...
Dowjones made double bottom pattern 0n an hourly chart & confirmed it by breaking/trading above 30454 which happens to previous swing high. If everything(russia-ukrain & china-taiwan) goes well & dowjone break/trade/close above 31021 level then it ll xplode & get ready for one way rally of 32500 in 5-6 trading sessions.
US30 currently retesting the HTF downtrendline on a major key level with multiple retests at 33039 which could act as a resistance for the price. And US30 also has a support with multiple major retests at 32212 where price might also come to make some small pullbacks. So if price closes above the resistance, then we can look for long trades & if price closes below...
The price currently moving in an uptrend channel while its also facing support at 31851 & resistance at 32125. Now a breakout of the support could mean a breakout of the uptrend channel. so if price continue to respect the resistance & closes below the support on a 30m TF atleast, then it could continue pushing down to the next support zone at 31612. Similarly if...
DOW JONES INDUSTRAIL AVERAGE ( DJI ) Time Frame - H1 We have ELLIOT IMPULSIVE WAVE ( Bearish ) in Long Time Frame #LTF Completed " 123 " Wave and Forming " 4th " Impulsive wave will Reject from Fibonacci Level ( 50% - 61.80% ) BULLISH CHANNEL Pattern in Short Time Frame #STF need Rejection from the Upper Trend Line #UTL ELLIOT TRIPLE WAVE COMBO in Short Time...
CPI Data on Thursday will clear things up. A hot inflation report will bring the market tumbling down. The FED is signaling they will continue their hawkishness... so the USD will remain bullish . A cooler CPI report may get them to consider an adjustment to their data driven decision making. We'll see. Expect some sideways action until Thurs. I am looking for...
Here we can see clearly Dow Jones Industrial Average (US30) is forming the perfect ( H&S) Reversal Pattern, we're using 15M time frame for a clearer view of our analysis, so we can't predict which time frame for our Setup to Happen, Keep a close eye on US30 today, happy pip hunting traders.
What’s your favorite kind of jello? Cherry? Lemon? Raspberry? Dow Jones seems to prefer woodruff, as the index has been munching through the green jello between 30576 and 31689 points quite efficiently. Now that it has finished wave 2 in green, Dow Jones is already on its way to the next green jello between 37669 and 39249 points, where it should complete wave 3...
The price breaks the trend, and according to my analysis, The price will correct first, then by re-examining the chart, there will most likely be an opportunity to buy. It is apparent in the picture. However, I think the orange color will happen. Caution I saw the trend for a long time frame still bullish !!! Follow me, like, comment, and ask questions.
Accurate analysis. That's an update. Based on my analysis for US30 on Aug 17. To be Notified about the analysis, follow me and contact me if you have any comments or questions. (I will answer whenever I have time).
Wow – sorry – Dow Jones has impressed us with some really fresh moves! It has virtually jumped upwards and thus has already come quite close to the upper orange zone between 33714 and 34565 points, where it should soon finish wave iii in orange. After completing a countermovement into the lower orange zone between 32863 and 31912 points, Dow Jones should continue...
FOMC and GDP numbers for Q2 loom large next week. With an interest rate hike, coupled with a higher than expected number for the GDP, a risk off environment will kick off, sending the USD pushing higher and the markets will begin a bear leg. * The US will be in a technical recession if those numbers come in higher than expected, as this would make it two...
Here is my view for US30 on H4. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!