13 May 2020 swift evaluation of DJI

85
A swift evaluation is conducted based on a single day without look back.
DJI is currently in a bear trend.
Prices are trading in a range of approximately 401.7 points/ticks/pips per trade period.
Price strength is suggesting a possible follow on range of 22999.75 - 23496.25.
Prices are consolidating between 22941.9 - 24764.8.
If strength and trend continue, DJI is trying to reach 22879.80.
It could take between 1 to 2 trade periods to reach the projection.

Suggested stops in a Bearish environment.
Last Price + (ATR * 1.5): 23850.55
The trend moving average: 23452.1
SAR: 24007.9

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.