Same as US100, being irresponsible has lead to a loss and a lesson. New Week, New Goals and with that we work harder.
Price needs to mitigate the demand zone below to cover the imbalance formed before a retracement upwards ..What are your views, let me know in the comment section below
On the H4 chart, the DJI has a bearish bias. Look for a possible retracement sell entry at 29672.85, which is the location of the 100% Fibonacci line, prior swing bottom, and market gap. Enter at the very beginning of the market gap rather than at the top to prevent missing out on a trade. The stop loss will be set around 30454.46, which is just over the 23.6%...
US30 the price can stable under 29220 So even if the price under 29220 will drop to 29065, and if can close 4h candle above 29220 will support the price to push up and if breaks that also then will drop to 28850 because already we are at the downtrend pivot price: 29220 resistance price: 29335 & 29535 & 29655 support price: 29065 & 28850 & 28740
We Are Currently In a Down Trend , Price Has Made A New Daily Low .Will See How Price Reacts To The 28800 Demand Level and Holds , Will Be Looking For Buys .... But If Price Breaks That Level Will Be Looking To Short The Market .
I will be watching this area obviously we will get confirmation of the corrective rally
In the current situation, stocks are still at the mercy of the dollar and negative pressure. We expect an upward correction before continuing to decline. We will look for good selling positions.
After a continuous down trend a reversal breakout is expected in downjones in H1 time frame
The general bias for DJI on the H4 chart is bearish. To add to this bias, the price is below the Ichimoku cloud, indicating a bearish market. Looking for a retracement sell entry at the market gap of 29672.85. To avoid missing out on trades, the sell entry is positioned at the very beginning of the market gap rather than at the top. Stop loss will be at 30454.46,...
This is how I am looking at dow jones for the week ahead and beyond. As per last week's analysis, price made it to daily demand. I was looking to long from there so the plan now is to validate this zone for longs. First TP will be in H4 supply and if that breaks price will get to weekly but we know it won't be moving in a straight line so prepare for those...
DJI just reached a very crucial Support level, which might take some little more time to be token as it has acted as a very good support in future. We can enter a long position at this point with a very tight stop loss, looking for an upward position!
US 30 daily analysis on 2H chart. The market direction is bearish. The price has just rejected at the resistance level and is currently moving down. If the price respect the recurrent low. the price will move up, if not, we will see the price break and move down.
On the H4 chart, the DJI has a bearish bias. Look for a possible retracement sell entry at 29672.85, which is the location of the 100% Fibonacci line, prior swing bottom, and market gap. Enter at the very beginning of the market gap rather than at the top to prevent missing out on a trade. The stop loss will be set around 30454.46, which is just over the 23.6%...
Price action will determine if this massive trend will break or recover to the upside. SIDENOTE: take profits and buy the pull back once the direction of the trend picks a side. bring the hot sauce . -Mo *NOT FINANCIAL ADVICE*
The Break of structure (BOS) caused a change in trend direction after the last lower high (LH) was taken out. Price came back to test the last lower low (LL) and we can see last week's candle closed with a rejection above that level.. If we get a bullish candle close above that level, 31286, then I anticipate price to continue buying up until 34856.
Red Folders: Monday = Bank Holiday Wednesday = 8:30am PPI, 2:00pm FOMC meeting Thursday = 8:30am CPI + Core CPI Friday = 8:30am Core Retail + Retail Sales, 10:00am Prelim UoM Consumer Sentiment
If the index crosses the support range, the downward trend will continue Also, the line will start an upward trend if the price changes from the current support range
Bearish OB on the LTF following IMB and LQDT to be filled Buy to sell Overall bias the market is bullish