The indicator is expected to move in the specified direction. Then, according to the behavior of the index in the resistance range, the continuation of the movement process will be determinedu
As above... 1M charts for the major indexes look very similar: bearish... likely accelerated down trend in short term. Nov 2022 into early 2023 going to be red candles. I think final lows will surprise most. Coming to a chart near you in the near term: Nasdq 9K, DOW 26-27K, S&P 3.2-3.3K. Good luck traders. Will follow.
US30 might retest the resistance level which is the Fib golden pocket as well. bullish bat pattern will be completed in support zone.
Hy dear Members. Hope you all are enjoying our ideas and analysis. Now we are here to discuss about US30. US30 is making double bottom Pattern and here it has Maximum chances we can see a good bounce from this level to price level 30000. And fundamentals also supporting this. Keep in touch we will update further soon.
sustain level above 29690.. pattern activate. 30454 registaance. Target 31627/630
Indicators: 200EMA, Bollinger Bands, 200EMA & RSI Trade Convictions: 15MTF 200EMA Rejection Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for...
Hello traders! ⁉️This is my analysis on US30. Here we are in a strong bearish market structure, I expect price to fill the imbalance and to reject from bearish orderblock to continue the sell-off. Like, comment and subscribe to be in touch with my content!
dow jones resuming journey to deep south,checklevels for trade
a double bottom on 4H time frame with oversold indicators and breaking up it will be interesting when broking the 38% of Fib retracement to continue up tp1 50% of Fib, tp2 61.8% and the Full target at 74%.
DJI = Dow Jones Industrial is not looking good. 200MA, 200EMA (which has worked as support before) and key level ~29 700 was tested and turned to resistance like it is seen on the graph. Next target ~26 800 and if that gets broken ~23 000. IF history repeats itself, then we might go test the 18 200 levels which happened last time 200MA ...
us30 longs from liquidity zone, bullish transition from lower timeframes, lookinjg to continue the bullish momentum created on London session.
Dow jones can take support at 28839 level and start bullish rally again. Only for Educational purpose
Looking at the H4 chart, the current overall bias for DJI is bearish . To add confluence to this bias, the price is currently under the Ichimoku cloud which indicates a bearish market. To add confluence to this sell entry, there is a market gap at 29672.85 near the sell entry that looks good to be filled. The entry is placed at the bottom of the market gap to...
rising cycle 5.71% in 9 days. ================================================================================================================================================================== This data is analyzed by robots. Analyze historical trends based on The Adam Theory of Markets (20 moving averages/60 moving averages/120 moving averages/240 moving...
Dow Jones price will touch the red zone 28880 and 28740 so if can break this zone then will drop more to 28460 and breaking 28460 then will be bearish to reach 28070
Overall daily bias is bearish . Price retraced back to my entry at supply zone .
US30 the price can stable under 29220 So even if the price under 29220 will drop to 29065, if can close 4h candle above 29220 will support the price to push up and if breaks 29220 also then will drop to 28850 because already we are in the downtrend pivot price: 29220 resistance price: 29335 & 29535 & 29655 support price: 29065 & 28850 & 28740