#US30 even price trade above 33320 - 33030 the direction is up trend , but now the price under bearish pressure ,to be up trend should break 33700 then will reach 33970 , if can stable above 33970 then our target will be 34186 then 34473. for any reasons if price can break and stable under 33030 the direction will be down trend and our target will be 32756 , 32532, 32224
#DJ ready to Drop Base on our technical analysis #DJ is ready to Drop first Target 32600
🚨🚨🚨3rd WARNING/ALERT 🚨🚨🚨🚨 $DJI threw: Hanging Man on Friday - Bearish Shooting Star on Monday - Bearish Tuesday = Outside Reversal - In this case it seems mostly Bearish $VIX is also starting to wake up and beginning to make noise #stocks #INDU #DowJones $DIA $SDOW $UDOW
1) The first Lower Trendline has broken. 2) Possibility price will pullback before making a new low. 3) Best area for selling @ Trendline Support become Resistance. 4) My Target TP at 2nd Lower Trendline.
It is expected that the corrective trend will start and advance to the range of the support trend line If the index crosses the support range, the downward trend will continue
The overall bias for DJI on the H4 chart is bullish. However, we intend to utilize the pullback. So we're looking for a sell entry at 34106. 01, which is the previous swing high and the 100% Fibonacci line. The stop loss will be set at 35492.22, the previous swing high. The take profit will be set at 32135.41, which is the 61.8% Fibonacci line. Any opinions,...
We may start a bear market soon be careful traders!! CCI shows diversions + the chart showing 3 dojis on the daily resistance
Weekly: Bullish candle Daily: Bullish M Retest zone got already respected 4H: 4H is bullish, so we can take a limit between the 61,80 and 78,60 Extra: we have a -68 fib completion at our entry zone
Shorted the Dow 30 for a measured move and along came Poland noise to seal the deal, potentially.
Forming another falling with the last 2 day pullback. Looks like another pullback is in store to 33,200. Keep in mind retail numbers are coming out premarket.. Those gap ups have humbled my little bear heart 😆. Haven't closed gap at 34,008 even though we got close I think these petty MF might go for it if trendline support holds
4 days DOW cant close above 400 MA and have strong negative divergence in daily and weekly RSI expecting to break previous low targeting 22175 USD
A bad week for the bears as the inflation number has receded so much, the bulls anticipate a Fed pivot. We know that it will take a lot more than this paltry number for the Fed to change direction. A real spanner was thrown admittedly, our down trend line was breached for the first time in this bear market, such a powerful rally was not expected...a mix of buying...
This chart combines all data since the beginning. It shows the Fib-extension for wave 3 in black. This wave is not finished yet. The price failed by 225 points to reach its aim (mentioned on the left site - look Fib-extension). Conclusion : Within the next few months the chart should form a new higher high. Than should start a downtrend for wave 4 in black to...
Hello I hope you have used the previous analyzes correctly and have benefited. The Dow Jones is in an ascending channel, which after hitting the bottom of the channel was directed towards the middle of the channel and broke its important trendline, but there is a possibility of fake break and returning to the level of 33,000.
Recession, Stagflation, Inflation, Dollar Strength, Russia/Ukraine War...how about labeling the current market turmoil what it really is; A Bond Bust! As you can see from the monthly chart below, in Jan 2022 the US10YR Yield bullishly broke the neckline of an inverse H&S that formed between June 2019-Jan 2022; then in March of 2022 it broke up again from major...