Dow Jones (DJI) is trading within a Channel Up pattern on the 4H time-frame with the 4H MA50 (blue trend-line) supporting since the January 19 break-out, being right on its bottom (Higher Lows trend-line). As long as the price action is closing candles above it, we remain bullish, targeting a Higher High at 39100. If it closes a 4H candle below the 4H MA50, we...
⭕️Technically, the Dow Jones index in the one-hour time frame has the support interval of the bottom of the ascending channel in the range of 38470-38551, and on the condition of maintaining and not registering any close candle time of four hours below it, the rate can aim to complete the BEARISH CRAB harmonic pattern up to The resistance range should increase in...
Outlook for DJI on 4h chart. There has been no changes since the last update. I think we are on sub-wave 5 of wave (5). If this scenario is correct, Upper-degree wave (b) of c will complete. next phase is upper-degree wave (c). It will probably crash. Last time my idea. ■Jan 27, 2024. middle-term analysis.
Based on Simple Technical Analysis ( Trendline + Support & Resistance ) Risk Disclaimer: Please be advised that I am not telling anyone how to spend or invest their money. Take all of my analysis as my own opinion, as entertainment, and at your own risk. I assume no responsibility or liability for any errors or omissions in the content of this page, and they are...
CAPITALCOM:US30 ♥ Afternoon session Longs▲ -1m Timeframe entries -Longs from Hourly Point of Interest(POi) 38546.43 - 38567.17 zone -Awaited 12pm Retracement + Higher break of structure. -closed at 2pm hourly open 95pips✔
Hello Mr. Traders. I have an idea for the Dow Jones index. Strategy ICT conception. first we will collect the buyside liquidity collected at the top and set out to collect the sell side liquidity at the bottom.
Dow Jones might be break the trendline first target 38109.. If dow Jones will fall it impact on Indian Share Market..
CAPITALCOM:US30 The daily pivot is 37105, the first support is 38062, and the second support is 37764. As long as they do not fall below, my target is 38743. Like and comment if you find value in our analysis. Feel free to post your ideas and questions at the comments section. Good luck
US30 had tapped into supply zone and showed rejection and inducement at this supply. This was further confirmed by a close of 30min candle below the Doji and break below structure. Upon seeing this I waited for retracment to zone with additional confirmation once I started to see rejection at the entry zone @38675.00 I entered with sl@38715 (Risking...
TVC:DJI I have set my target on the chart. If the support drops below 36238, the analysis will be canceled. Like and comment if you find value in our analysis. Feel free to post your ideas and questions at the comments section. Good luck
Dow Jones is on a bullish 1D technical outlook (RSI = 59.534, MACD = 196.180, ADX = 37.569) that up to last week was overbought but now the momentum shows weakness on losing steam as the price is at the top of the Channel Up pattern. The 1D CCI is showing the same decline from overbought levels that it showed before the three major declines in 2023. This keeps us...
In the past 2 weeks, us30 has strictly been rallying, printing new All-Time-Highs weekly. Last week we finally saw an almost 500 point correction after FED Powells FOMC speech where he indicated that they don't plan to cut rates any time soon, ending the rate cuts narrative driving the market. Despite that, this correction was short lived as we continued to print...
Hey Traders, in today's trading session we are monitoring US30 for a selling opportunity around 38600 zone, US30 is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 38600 support and resistance zone. Fundamentally we would like to consider the current strong macro context of the dollar as the top performer of...
"📈 US30 Bulls Bucking Strong: Analyzing the Dow Jones, it's evident that we're currently witnessing consistent higher highs and higher lows, indicative of an uptrend market. Observing the week-to-week movements, prices show a rise of approximately 2% from low to high and a decline of around 1% from high to low. Given this, my market approach involves patiently...
There is more than one way to skin a snake. Not only price can hurt you... Time can hurt you too! How about some up and down action for 3 to 5 years that goes no where? Like shacking the Jar and angering the ants so that they loose faith and confidence, so when the rally really actually starts they won't believe it! Maybe it got to easy to buy and hold for 2 to...
Hello traders! ‼️ This is my perspective on DOW JONES. Technical analysis: Here we are in a strong bullish market structure, so I look only for longs. I want price to make a retracement to fill the imbalances lower and then to reject from bullish order block. Fundamental news: This week is full of news in USA. Firstly on Wednesday we have Interest Rate followed...
Dow Jones has been trading within a 18-month Channel Up pattern since the October 13 2022 global market bottom. The current price action is approaching its top (Higher Highs trend-line) for the first time in more than 1 year (since December 13 2022). With the 1D RSI on Lower Highs, which is a Bearish Divergence against the Higher Highs of the price action, the...
SPDR® Dow Jones Industrial Avrg ETF Tr (DIA, $381.37) RSI Indicator left the overbought zone on January 31, 2024 This is a signal that DIA's price could be shifting from an uptrend to a downtrend. Traders may consider selling the stock or exploring put options. A.I.dvisor looked back and found 43 similar cases where DIA's RSI Indicator left the overbought zone,...