Get started
FX_Monk

US30

Short
Dow Jones Industrial Average Index (BLACKBULL:US30)  
FX_Monk Updated   
BLACKBULL:US30   Dow Jones Industrial Average Index
Wave Analysis Technical Indicators Trend Analysis
4
0
waveanalysis indicator trendanalysis
A symmetrical triangle is being formed on US 30 chart with H&S pattern as well. Target for the downside is 34077 and 33425.
Comment:
TP - 34077 target achieved, next TP is 33425 if price rejects 34227 level.

snapshot
Comment:
Weekly is bearish and it broke the 34386 level, next level support for weekly is 3633.

snapshot
Comment:
Trend analysis - Weekly Bearish / Daily Bearish / hourly trending down.
if PA rejects the 34026 on 1hr/4hr chart we can see a continuation down. Next target for profit taking will be 33730.

snapshot
Comment:
Second target acheived
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.