Dow Jones 30 Continues to See Volatility

44
*Introduction
The Dow Jones 30 initially did rally last week, but then turned around to show signs of massive
pressure after the jobs number came out much lower than anticipated
After all, expectation on the jobs number was somewhere in the neighborhood of 165,000 jobs
added last month and got eventually a number of 114,000 added
So obviously that’s a huge miss. With that being the case, the forecast for this coming week is
to gain within a situation where trading will continue to look at this area of interest as an
important indication to trade on

*Take Profits | Midterm forecast
40090.92
39270.30
38464.67
37723.36
37136.10
36322.45
35724.18

*Technical analysis
A peak is formed in daily chart at 41259.40 on 07/31/2024, so more losses to support(s)
39270.30, 38464.67, 37723.36 and minimum to Major Support (37136.10) is expected
Price is below WEMA21, if price rises more, this line can act as dynamic resistance against
more gains. Relative strength index (RSI) is 44

*The labels that are used are ment to draft and measure context to the price action involved
and contain no rules-engaged notebook + applied-set up indicators,
but an avoiding interference to use other rules-engaged software to enhance in general,
regarding to the watchlist and trade plan that is relevant to trade-on

*Key indicators on Trade Set Up in general;
1. Push Set Up
2. Range Set Up
3. Break & Retest Set Up

*Active Sessions on Relevant Range & Elemented Probabilities;
- Asian(Ranging) - London(Upwards) - NYC(Downwards)
- Weekend Crypto Session

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