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
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de 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
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.