Well crash is abit exaggerated but i think US30 will continue to fall throughout the week with alot of pips to be caught! As you can see last week price failed to make a higher high and rejected a major resistance level, price has plumeted breaking all previous key levels and it doesnt look like its stopping any time soon. We are currently breaking another...
US30 coming up to a Major Quater Point and a strong Supply area. Look for downside breakouts of the trend and consolidation area when it reaches supply and the 29000 MQP. (it may shoot up past the 29000 MQP, so keep the trend lines up to date.
US 30 - I am expecting a downfall here, Trade as per the levels mentioned on the chart, You can sell at the current market price or can wait for the support breakdown for a strong confirmation. Follow the levels as mentioned. All the best cheers ....Happy trading Traders, If you liked my analysis or have an opinion about this given levels , write in the...
US 30 - I am expecting a downfall here, Trade as per the levels mentioned on the chart, You can sell at the current market price or can wait for the support breakdown for a strong confirmation. Follow the levels as mentioned. All the best cheers ....Happy trading Traders, If you liked my analysis or have an opinion about this given levels , write in the...
Refer the chart for detailed analysis ; US30 - Seems to be following the zig-zag pattern, last closing is on a weaker note. The approach should be SELL ON RISE and the proper stop and potential downside is already mentioned over the chart.Meanwhile I will keep posting DAY TRADE VIEW on this so stay tuned to get updates with any changes in the market scenario....
This is my analysis on the Down Jones Industrial Average Index on a 4 hour chart. Pretty self explanatory. Looking to catch the longer term downside move
Summary Touché. I just can’t knock the hustle 🤷🏾♂️. We told them bulls to fill the gap convincingly with high volume and closing candles. They tried. We watched futures this week as they sped through resistance line after resistance line in the overnight sessions. Maybe they could take us higher? Well they tried. Still no volume, still no broad market buying...
Price approaching key resistance. Plan: Wait for bearish price action at the top OR Break of trendline - Stops above the high TP - 24200
We see that DJI 30 has reached a critical reversal zone. We wait until 15:00 UTC to determine if price will reverse or go on to a continuation. Will update on when to enter the sell/buy order. For now, the index looks like a sell.
looking for us30 to break major support level then shoot down!
Hello Traders! Time for Dow Jones US30 Analysis. Chart Analysis: On Dow Jones we had a huge drop due to the Corona Virus impact. But like we can see the price made nice move to the upside. For me this is only a correction move. It is right now about to retest the Trend Line. Also there we got a weekly Supply Zone. I also marked some important Support...
Hi Traders, After short break I am back ready to fight dragons and other scary creatures (like Trump) with my TA :) So as you can see, entire Uptrend from low looks like bear flag. In my opinion can be market as first impulsive wave. Nearest strong support marked with green line (0.5 fib retracement.) So we could dump to 21570 area. wait for abc corrective...
Ride this roller coaster down and enjoy profit taking along the way! Who wants to be a millionaire????? Then lets go!!
Given the current pandemic, I still have a bearish outlook on US30. The effect it's having on the economy is just beginning, IMO, things may and can get worse, but we'll have to see about that. As you can see, it was a rising wedge, then it sold off a decent amount. Price is currently in a demand zone ( former support) and is having trouble breaking through. I...
as shown in the chart