resistance and support level for Dow Jones
This presentation contains the Dow Jones index.
Hourly: Double top and broke the weekly trend line
Daily: three consecutive Doji, and trendless in the last 10 days
Weekly: Could be considered as bearish harami or hanging man followed by a negative candle (not a typical Harami or hanging man)
Conclusion: Closing below 33820 will confirm Top Swing, and closing above 34257 in the daily chart makes this analysis obsolete!
Recommendation: Reevaluate your Stop loss.
If you have any reason that Dow Jones is still bullish please write it in a comment!
Hourly: Double top and broke the weekly trend line
Daily: three consecutive Doji, and trendless in the last 10 days
Weekly: Could be considered as bearish harami or hanging man followed by a negative candle (not a typical Harami or hanging man)
Conclusion: Closing below 33820 will confirm Top Swing, and closing above 34257 in the daily chart makes this analysis obsolete!
Recommendation: Reevaluate your Stop loss.
If you have any reason that Dow Jones is still bullish please write it in a comment!
Use the following link to access trading ideas: patreon.com/SniperTraderStocks?utm_medium=unknown&utm_source=join_link&utm_campaign=creatorshare_creator&utm_content=copyLink
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
Use the following link to access trading ideas: patreon.com/SniperTraderStocks?utm_medium=unknown&utm_source=join_link&utm_campaign=creatorshare_creator&utm_content=copyLink
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.