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Djii

DOW JONES This fractal shows $35500 long-termPattern: Fibonacci Channel on 4H. Signal: Buy as the index seems to be replicating the February/ March 2021 fractal. Every pull-back on each Resistance (R) is a buy opportunity. Target: $35100 (Resistance (R)2) short-term and $35500 (the 1.382 Fibonacci extension) long-term. ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** -------------------------------------------------------------------------------------------------------- !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !! 🎉 👍 Shout-out to TradingShot's 💰 top TradingView Coin donor 💰 this week ==> NMOTION29 --------------------------------------------------------------------------------------------------------
OANDA:US30USDLong
by TradingShot
2
DOWJONES Is this the countertrend rally of the Great Depression?I will not spend much time describing this as the chart is pretty much self-explanatory. I have plotted Dow Jones trend of 1915 - 1945 (orange line) which includes the Great Depression against the trend of the recent decades (late 90s to 2020) which is displayed in blue. Do you think they look similar? And if so are we currently on a similar counter-trend rally as in the start of the Great Depression? The comments section is yours, let me know! Please like, subscribe and share your ideas and charts with the community! P.S. For the record, I am not trying to scare anyone, just shared an interesting comparison.
DJ:DJI
by TradingShot
10