The proposed scenario for nearby trading depends on the stability of the current resistance. With its stability, we expect the price to renew the downward corrective attack, thus targeting the 33989 and 33701 levels, respectively. While the price’s success in penetrating the resistance and holding above it will enable it to resume the upward attack, initially...
Monthly chart analysis Dow jones to fall to $20,000 Reason : geo politics Us/china war over taiwan will disrupt supply chain worse than covid World wide inflation.
US30 New forecast The index price failed to resume the upward attack due to its encounter with additional resistance near 34150. We notice the beginning of its formation of a downward corrective creep, thus settling currently below the level of 34050. We expect the downward corrective attempts to continue making profits for the current period, and we expect it...
As per Neo wave time cycle, Wave 'B' of the FLAT correction formed in DOW 30 index is ended today since the recovery wave ABC extended nearly 76.8% of previous wave expect a soft bear market cycle for 8 months from now. trading is difficult as wave 'C' expands in 5,3,5,3,5 legs ,and expect a spike in VIX too Do not hold your short positions for more days , as...
Swing sells on US30 from 33440.4 targeting the low of last month
Technically, BLACKBULL:US30 found resistance after reaching the 35,490 historical level and now it has turned to the downside. The price action developed a Rising Wedge pattern which could announce a potential sell-off. Staying below the broken uptrend line and making a new lower low activates more declines towards the median line (ML).
US30 New forecast The price perfectly fulfills my last idea and price reached to our negative target +250 pip. The price of index rose up and reached to near the resistance zone and the rebounded from it at 33155 ,so as long as price trade under that zone the price will be continue at the bearish trend, To invite us to wait for the price to accumulate...
US30 has recently broken structure to the downside on the higher time frame indicating it wants to continue in its bearish trend however, I believe it will not hold for too long as the over all market is bullish. In terms of current price action I'm expecting for price to continue going down a bit towards the 32600.0 mark. Scenario (A) is Selling from the...
Yesterday, the index price activated the upward corrective path, compensating for some losses by testing the additional stable barrier near 33090 and settling below it, as is clear in the attached figure. Therefore, we will continue to wait for the price to succeed in gaining additional negative momentum to facilitate the task of activating the negative attack...
US30 New forecast The price perfectly fulfills my last idea and reached to our target . The index price confirmed its break of the 32615 level, forming a strong negative attack. We noticed that it suffered huge losses when it touched the 32310 level on Friday, thus achieving the previously suggested negative targets. Therefore the downward scenario will be...
US30 New forecast The price perfectly fulfills my last idea and price reached to our first target +200 pip . Yesterday, the index price returned to form new negative waves. We notice that it is currently fluctuating near the stable support at 32891, trying to find an opportunity to achieve a breakout and stabilized under it , opening the door to resuming the...
Hi, According to Dow Jones analysis, there is a very good selling opportunity. The indicator appears to be in a very negative state with the pitchfork tool broken. The support at 34200 was broken. We also notice the break of the 200 moving average. All these factors confirm that the market is for sale only. Good luck everyone
BLACKBULL:US30 registered a strong growth but now it has signaled an overbought and it could develop a correction in the short term. Fundamentally, the FOMC could really shake the price. So, the fundamentals should move the rate, that’s why we have to be careful. The FED is expected to deliver a 25 bps hike. The FOMC Press Conference and FOMC Statement should be...
US30 New forecast In yesterday's trading, the index price maintained its position above the additional stable support at 32891, trying to compensate for some losses by rushing towards 33251. We would like to note that this rebound will not affect the main downward path due to the general stability below the stable barrier at 33250, which contributes to...
BLACKBULL:US30 The h1 model frame has a strong resistance zone, suggesting a strong buy signal The main signal is US30 BUY NOW 32994 TP 1 33116 TP 2 33666 SL 32800
US30 New forecast With its last negative attack, the index price touched about 32891, which constituted an obstacle to the negative attempts and forced it to form a temporary corrective rebound to currently settle above 32891. We point out that the continued presentation of the main indicators of negative momentum will confirm the attempt to activate the price...
US30 New forecast The price perfectly fulfills my last idea and price reached to our target +155 pip and still running . The index price repeatedly presented negative closings below the 33155 level, forming an additional barrier against the bearish attempts. We noticed that it incurred additional losses when it touched the 32981 level. Therefore the downward...
US30 New forecast The price reached to our first goal +115 pip , then bounced back from it and reached me without support 33450 . The index price confirmed that it was affected by the dominance of the bearish tendency in the current trading with its continued position below the moving average 50, stable at 34300. We notice that it sneaked below the additional...