On the H4, DJI is on a strong bearish trend . We are looking for a immediate sell entry at 30127.85 where the 100% Fibonacci line and previous swing low are. Take profit will be at 27681.24 where the 161.8% Fibonacci extension line and -27.2% Fibonacci expansion is. Stop loss will be at 32504.04 where the previous swing high is. Any opinions, news, research,...
We have a sell setup for the dow jones index follow the parameters
The GC 15 Min time frame is in a large up trend. The market hit the up trend and is showing signs of pushing bullish towards up Fibonacci Entry: Counter trend line break bullish in the buy zone. STOP: 1809.09 LIMIT: 1837.04 As long as the market stays above the long term up trend line . It will be a good idea to turn to the five minute time frame and to...
Dow Jones daily chart view has been presented here again after few trading sessions. Looking at the wave structure, the indice could be still working on a potential flat A-B-C at least. Please note that Dow has remained almost unchanged since past few trading sessions and could be possible that a potential top is in place at 26150 levels. Also note that a standard...
JONE finally held strong over the breakout into the close on Friday. Will watch to see if this can have continued momentum above the breakout tomorrow.
JONE is in the middle of a strong downtrend and it's trading into a descending channel. I'm expecting a breakout to the upside.