As we all know, Dow30 (All American indices in fact) started to drop since the beginning of the year. However, looking at a longer chart we can see that this drop is overlapping suggesting correction. At the beginning of October, Dji made a new low under 30k, followed by a second drop in that zone, making a small double bottom. After the break back above 30k, the...
Hello and welcome to this analysis S&P appears to be still on its corrective path, the bounce had came from a heavily oversold zone. Now going forward this fall if it protects 3500 then it could be a exp flat b of iv and spend some more time sideways (triangle) or retest the swing high with c of iv. Breach of 3500 would suggest 5th to take it down to 3350...
Dow Jones Weekly Volatility Forecast 7-11 November 2022 We can see that this week our volatility is at 3.25% which declined from 3.45% last week. Currently according to ATR we are on 55th percentile, and according to VXD we are on 30th percentile, indicating in both cases, that we are currently is a stable market. Now, based on the implied volatility data that...
Today you can review the technical analysis idea on a 1M linear scale chart for the Dow Jones Industrial Average Index (DJI). In the chart, I added in the Keltner Channel (KC), RSI and MACD as well as review the Great Recession history to get an idea of where the DJI is headed. It seems that the DJI has been moving up an ARC with a possibility to come down and...
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...
Dow Jones Industrial Average Index technical analysis (DJI) moved as I expected it 👇✅. DJI was pushed back from the resistance zone & SMA 20 (monthly TF) as I expected. Now, we have Two Scenarios here: Scenario 1: DJI will make the Expanding Leading Diagonal. Scenario 2: DJI has passed the corrective waves by Double Zigzag Correction, and We have to wait for...
The last time DJI touch MA200 in 4h timeframe, the price was move very volatile for whole market.
the price go down till pullback after the tuch of consolidation the new LL most be tuched .
we have a very good short signal for dow and jones index, for long and short terms both are down, don't ever buy it, all positions supposed to be short not long
Nifty breakdown levels,,, Breaking today's low will take nifty to further down side. Weekly candle close below 17166, more down side possible as per fib levels !!!!
Dow jones industrial average 15 min chart analysis shows a simple chart pattern.
Today we will discuss the Dow Jones Industrial Average Index technical analysis in a Daily timeframe chart. DJI finished its ascending trend after breaking below the ending expanding diagonal pattern. As you can see, we have a major pivot in Support Line . I expect Dow Jones to make the same movement as Wave X (Near the Important Resistance Line ),...
Dow is Trading Around 33950 Its Time To Sell it with SL Around 34155 Target 33450 and 33271 Time Period This week
The crash from ATH's looks about finished, HTF ABC bullish correction. I would think we now impulse 5 up. If that turns into an A wave then there is much more pain. If we do 3 up here and only hit $10 then this would be an X wave and the price action did a fib extension 1 to 1 and would expect much more downside.
Dow Jones Index has gave double/tripple bottom breakout, also close above resistance trendline. Seem like ready for targets of 32000, 32500 and may be 33000, 33200+. pattern will be invalidated on closing below 31000. Pl like and follow. -Saptarish Trading
US Future trading at daily resistance triangle which is also part of symetrical triangle, breakout either side can give good trading opportunity. We are also near supply zone 31500 and 50% fibo level too. closing above will take it higher for targets of 32800+ Below 30600, we may see 30000 again and may be more. Education purpose only. -Saptarish Trading
Seems like the perfect time to fill the gap down to 3790 retest the breakout of the leading diagonal and confirm wave 2 is what we want to see. Pelosi in Taiwan today and China about to fail to start WW3 IMHO. ;)