A swift evaluation is conducted based on a single day without look back.
DJI is currently in a bear trend.
Prices are trading in a range of approximately 388.2 points/ticks/pips per trade period.
Price strength is suggesting a possible follow on range of 23524.89 - 24004.71.
Prices are consolidating between 21693.6 - 24764.8.
If strength and trend continue, DJI is trying to reach 23408.50.
It could take between 1 to 2 trade periods to reach the projection.
Suggested stops in a Bearish environment.
Last Price + (ATR * 1.5): 24347.10
The trend moving average: 23788.5
SAR: 24029.0
DJI is currently in a bear trend.
Prices are trading in a range of approximately 388.2 points/ticks/pips per trade period.
Price strength is suggesting a possible follow on range of 23524.89 - 24004.71.
Prices are consolidating between 21693.6 - 24764.8.
If strength and trend continue, DJI is trying to reach 23408.50.
It could take between 1 to 2 trade periods to reach the projection.
Suggested stops in a Bearish environment.
Last Price + (ATR * 1.5): 24347.10
The trend moving average: 23788.5
SAR: 24029.0
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.