Amazon (AMZN), DJI, IXIC, SPX, XAUUSD, USOIL - February 23

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With volatility around February 24th (February 23-25), we have to see if it touches the 3008.91 point or the 3294.62 point.
In particular, it remains to be seen if it can gain support from 3104.0-3176.40 and rise above the downtrend line (3).

If it falls below the M-Signal line on the 1W chart, it is highly likely to turn to a downtrend and requires careful trading.
Accordingly, if it falls at 3176.40 point, Stop Loss is necessary to preserve profit and loss.

However, since you can touch and climb 3008.91, the lower point of the large box section, you need to think about how to respond.

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(DJI 1D chart)

It started with a drop in the gap (31494.3-31381.1) and closed at 0.09%.

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(IXIC 1D chart)

It started with a drop in the gap (13874.5-13714.2) and closed at -2.46%.

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(SPX 1D chart)

It started with a drop in the gap (3906.7-3885.6) and closed at -0.77%.

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(XAUUSD 1D chart)

You should watch for any movement that deviates from 1803.382-1815.137.
It remains to be seen if it can rise above the downtrend line (6).

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(USOIL 1D chart)

You should watch for any movement that deviates from 60.25-65.03.
In particular, it remains to be seen if it can rise along the uptrend line (3).

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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula from the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.

Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment

(Short-term Stop Loss can be said to be a point where profits or losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)

GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closed price
G2: Market price at the time of opening
(Example) Gap (G1-G2)

Komen:

(AMZN 1D chart)

It remains to be seen if the volatility around February 24 (February 23-25) can gain support at 3176.40 and rise above 3294.62.

If you fall from 3176.40, you can touch 3008.91, so you need a Stop Loss to preserve profit or loss.

The 3176.40 point is an important point as the M-Signal line of the 1W chart is passing by the 3176.40 point.

The M-Signal line is an indicator to create to see the trend, and if the price is maintained above the M-Signal line, the upward trend is expected to continue.

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(DJI 1D chart)

It started with a drop in the gap (31521.7-31501.9) and closed at 0.05%.

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(IXIC 1D chart)

It started with the gap (13533.0-13262.6) falling and closed at -0.50%.

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(SPX 1D chart)

It started with a drop in the gap (3876.5-3857.1) and closed at 0.13%.

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(XAUUSD 1D chart)

You should watch for any movement that deviates from 1803.382-1815.137.
In particular, it remains to be seen if it can rise above the downtrend line (6).

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(USOIL 1D chart)

You should watch for any movement that deviates from 60.25-65.03.
In particular, we need to see if it rises along the uptrend line (3).