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The outlined white arrow pathway is the predicted pathway that the DJI H4 will follow in the coming days or weeks. Using my unique charting methods, I have been able to arrive at HIGH PROBABILITY turning points where DJI H4 will turn. PLEASE NOTE THE ABOVE ANALYSIS IS FOR EDUCATIONAL PURPOSES ONLY. THEY ARE NOT DIRECT INSTRUCTIONS TO TRADE AND ANY LOSS...
DJIA in wave 4, outlook bullish in wave 5
$DJI has been on an absolutely MASSIVE bull run since the collapse back in 2008-2009; a decade ago! We all know what goes up must come down though and the DJI is due for another +50% correction. This chart is on the Weekly. I usually prefer using the Day charts however I noticed some interesting trends that I hoped to share. 2008-2009 -The correction in 2008...
Overall structure Looking an ascending Channel Formation , Now waiting For Sell after MultiTouch Confirmation
In the daily chart DJI shows RSI divergence and the index is due for a correction to previous major support level 26600 to 26800. LONG the market around 26600 to 26800 level, preferably with bullish divergence in the 1-hour chart. The SUPER WILD GUESS: - Target ONE: DJI 30000, the TRUMP TARGET. - Target TWO: 30720, bonus, target based on Fib Time Zone.
I think we're about to end a 90 year cycle for global markets, meaning that we could get a crash similar in magnitude to the Great Depression. There are just too many technical sell signals to ignore, and fundamentally there is no reason for the market to continue rising if data shows that growth is slowing down. Both indexes are well above their long term trends,...
The Dow Jones Industrial Average is still looking like a strong bull on the weekly timeframe. The candles have not yet formed a reversal pattern, there is still potential for the upside after breaking the previous top. On a weekly candle once a pin bar formation of a strong reversal Doji forms then we can talk about the potential downside. For now, the target is...
Very important bearish Time Zone for DJI It will perform bearish according to present Volume Analysis......need to recheck day or 2 before this time Zone for verification.
Price has reached TL resistance and I expect bears to come in and drive price back down. 1D: As you can see as price continues to make a new high, the indicator shows price making a flat; this may suggest bearish divergence.
TVC:DJI has got on the uptrend on the weekly charts, mimicking the uptrend seen on Weekly charts on the S&P 500 The charts shows a series of higher highs and higher lows, confirming the current uptrend and the recently weekly candle has closed over the previous high indicating continuation of the uptrend. Watch for any retracements to see if the lows are higher...
Dow Jones- Fails to confirms S&P500 breakout.
DJI (US30) SELL Entry 1 27,320 Entry 2 27,370 Sl 27,421 Tp.1 27,120 Tp.2 27,000 Tp.3 26,890
Hello to all watching my charts. Dow Jones is fine to trade by support / resistance and also trendline Trading. Look at the chrt for today. We have support in the aerea 26730 (blue line) and we do have a LONG trendline which is now 26855. But the the support levels to watch out. I count only END of 1 HR information. So a level below that which is...
the economy in the US can down trend. Dont worry , just open and forget