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Dowjonesindustrial

Dow Jones: Move Yourself!Move yourself! You always live your life, Never thinking of the future. Prove yourself! You are the move you make, Take your chances, win or loser. See yourself! You are the steps you take, You and you, and that's the only way. Shake, shake yourself! You're every move you make, So the story goes… Dow Jones should listen closely to “Owner of a Lonely Heart” by Yes as the text of the first stanza is indeed in accordance with what we would encourage the index to do. After it has been given the brush-off by the resistance at 34038 points, Dow Jones has retreated deeply into the green zone between 33724 and 32519 points, even touching the white zone between 32389 and 32241 points below it to finish wave (C) in white. Now, the index should brace up and move upwards, striding across the green zone and climbing above the resistance at 34038 points. However, there is a 45% chance that Dow Jones could fail to pick itself up and could drop below the support at 32167 instead.
CBOT_MINI:YM1!
by MarketIntel
1
Dow Jones Index (US30): Important Decision Ahead 📈 Hey traders, US30 is testing a major weekly demand cluster again. For those who want to catch a bearish continuation, I would suggest waiting for a breakout of the underlined blue area to the downside. If we see a daily candle close below that, the market may drop to 30.000 support. Be prepared! ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
UShort
by VasilyTrader
15
Dow can drop another 10%Like all stock indices, also Dow is not "feeling well", with the index starting the year badly and now trading again near support. The recovery attempt started in March failed hard in the 35k zone and the selling power become very clear 2 weeks ago with a red candle that engulfs one month of trading. As I said, Dow is trading near support now and I expect a breakdown My target for this index is the 30k zone. Sell rallies is, in my opinion, a very good strategy and I will be bullish only if the price pass above 35k
EASYMARKETS:DOWUSDShort
by Mihai_Iacob
5
Dow Jones Index (US30): Bearish Outlook For Next Week 📈 Hey traders, As you remember, one week ago Dow Jones broke a horizontal trading range to the downside. Its first retest made the market drop to 33100. Then we got 1 more retest and this time the index dropped even lower reaching 32900 level. I assume that next week we may expect a bearish continuation in such a manner. The next goal for sellers is 32200 - 32450 demand cluster. Good luck! ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
UShort
by VasilyTrader
15
Dow Jones: EnsnaredRemember the Devil’s Snare in “Harry Potter”? It is one of the obstacles Harry, Ron and Hermione have to overcome to get to the Philosopher’s Stone. Quite similarly, Dow Jones is ensnared by the green zone between 33790 and 32534 points, which it has entered already for the second time. We expect it to advance a bit deeper still to finish wave (5) in white, wave c in turquoise and wave 2 in green. After it has managed this task, the index should rise out of the green zone and above the mark at 34038 points. There, it should gain enough upwards momentum to cross the resistance at 35413 points as well. To confirm this scenario, though, Dow Jones must not fall through the bottom of the green zone and drop below the support at 32167. However, there is a 40% chance that this alternative scenario could come into play.
CBOT_MINI:YM1!
by MarketIntel
Dow Jones: Spring Feelings 🌿After finishing wave in turquoise, the Dow Jones was moving back down to complete the low of wave in our turquoise box between 34643 and 33930 points. In the upper half of this zone, the index already turned back up and is currently ranging between the turquoise box and the next resistance level at 35281 points. There is a possibility that the Dow will dip into the turquoise box once again to reach its ideal target for the turquoise wave in the middle of the zone. Regardless whether this wave has already ended, or the index returns into the turquoise box, either way afterwards we expect the course to continue the overarching upward movement. The first stop on the way to new all-time highs is the resistance at 35281 points that needs to be cleared.
CBOT_MINI:YM1!Long
by MarketIntel
Dow Jones Index (US30): Important Decision Ahead 📈 Hey traders, This week Dow Jones was trading within a narrow horizontal trading range on a daily. The market was stuck between two horizontal structures. Next week wait for a breakout. Bearish breakout will lead to a bearish continuation to 32600 level while bullish breakout will lead to a bullish continuation to 35800. Let the market participants decide, then follow the market. ❤️Please, support this idea with like and comment!❤️
UShort
by VasilyTrader
7