Pair : Dow Jones - DJI
Description :
Bullish Channel as an Corrective Pattern in Long Time Frame and Rejection from Upper Trend Line. Completed " ABC " Corrective Waves. Break of Structure and Strong Divergence. Symmetrical Triangle as an Correction in Short Time Frame with the Breakout of Lower Trend Line.
On his way downward, Mr. Jones has already dived into the white area between 35690 and 34805 points a few times and he still could go in there again to finish wave (2) in white. There, at the latest, we expect the index to rise again. If it breaks through the resistance at 36832 points on its way, higher goals will become more and more likely.
There is also a 40%...
Dow Jones 1D-TIMEFRAME ANALYSIS 💡
Hello ladies and gentlemen
This is my new idea for Dow Jones
My idea is that DOW will continue to downtrend
Targets
24800
23500
I hope my idea is clear
Support me by like and share
Good luck 💰💯
Dow Jones Industrial Average has been progressing to an unknown territory for the last few months. The index made an all-time high at 24876.07 on 18 December 2017 and due to the holiday season, the index did not move much this week.
Investors like you may be wondering this pair's movement in the following week. From a technical outlook, the index is still in an...
