technical articles

dji-analysis

Technical Analysis of the Dow Jones Index – 10th to 14th march

Technical Analysis of the Dow Jones Index – 10th to 14th march

Dow Jones Analysis (Daily Time Frame) Dow Jones Technical Analysis (Daily Timeframe) In the past week, the Dow Jones index failed to stabilize above the 43,900 zone. After a temporary move up to the 44,045 zone, it resumed its decline and dropped to the 42,200 area. Main Scenario (Higher Probability): The outlook remains bearish for this index; however, a temporary upward pullback is expected before the Dow Jones continues its descent towards its 5-month range floor in the 41,800 zone or potentially even the 41,000 area. A reversal to the upside may occur from these lower levels. Alternative Scenario (Lower Probability):

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Technical Analysis of the Dow Jones Index – 3th to 7th march

Technical Analysis of the Dow Jones Index – 3th to 7th march

Dow Jones Analysis (Daily Time Frame) As mentioned in the primary scenario of last week’s analysis, the Dow Jones index moved upward after a brief consolidation, reaching the 43,800 zone. Given the nature of the last daily candle, the upward movement is expected to continue at least towards the 44,100 – 44,300 range. 🔹 Primary Scenario (Higher Probability):If the upward momentum is strong enough to break and consolidate above the 44,300 key level, the Dow Jones index will initially face the 44,800 resistance. If this level is also broken, the index may create new highs. 🔹 Alternative Scenario (Lower Probability):If the

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Technical Analysis of the Dow Jones Index – 24th to 28th feb

Technical Analysis of the Dow Jones Index – 24th to 28th feb

Dow Jones Analysis (Daily Time Frame) As mentioned in last week’s primary scenario, the Dow Jones index experienced a sharp downward move after breaking the support level at 44,100, dropping to around 43,400 as previously indicated. Primary Scenario (Higher Likelihood):Considering the strength, momentum, and ATR of the last candle, it is expected that the decline will continue. However, note that before further downward movement, a temporary upward correction might occur—potentially reaching the 43,800 or even 44,100 levels—before the decline resumes toward 42,190. Alternate Scenario (Lower Likelihood):If the Dow Jones finds support in the current zone (between 43,100 and 43,380) and buyer

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Technical Analysis of the Dow Jones Index – 17th to 21th feb

Technical Analysis of the Dow Jones Index – 17th to 21th feb

Dow Jones Analysis (Daily Time Frame) In the past week, the Dow Jones index continued its range-bound movement between 44,100 and 45,000, similar to the previous week. The key question remains whether the index will break out of this range in the coming days. Main Scenario (Higher Probability):The daily candlestick formations still indicate a continuation of the range, but considering the lower high formation compared to its historical peak and its price inefficiency around the 43,400 level, there is an expectation that the Dow Jones will move downward. If the index breaks and stabilizes below 44,100, the next downside targets will

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Technical Analysis of the Dow Jones Index – 10th to 14th feb

Technical Analysis of the Dow Jones Index – 10th to 14th feb

Dow Jones Analysis (Daily Time Frame) In the past week, the Dow Jones Index opened with a bearish gap, but quickly recovered and filled the gap, reaching as high as 45,060 with strong momentum. However, in the last two days of the week, selling pressure pushed the index down to 44,300. Main Scenario: Given the characteristics of the last daily candlestick, the index is expected to first move towards 43,800. If this level is broken, the next downside target will be 43,097. Alternative Scenario: If the index reverses from the current zone or even from 43,800 and breaks above 45,060 with

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Technical Analysis of the Dow Jones Index – 3th to 7th feb

Technical Analysis of the Dow Jones Index – 3th to 7th feb

Dow Jones Analysis (Daily Time Frame) As mentioned in previous weeks’ analyses, after breaking the critical 43,468 level, the Dow Jones index successfully moved towards its historical high and tested this level for the second time. Main Scenario: Given that the last daily candlestick was rejected from this zone, the index is expected to undergo a correction. This correction may be either price-based or time-based, and the coming week will determine its course. Alternative Scenario: If, at the start of the trading week, the Dow Jones index strongly breaks above 45,090, it could reach a new high, with the 48,000 level

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Technical Analysis of the Dow Jones Index – 27th to 31th jan

Technical Analysis of the Dow Jones Index – 27th to 31th jan

Dow Jones Analysis (Daily Time Frame) During the past week, the Dow Jones index managed to break and stabilize above the critical level of 43,460, reaching the next significant zone at 44,600. In the upcoming week, the focus will be on whether it can break through the 44,600 and 45,100 levels to reach new highs. Primary Scenario: If the index stabilizes above the 44,600 zone, breaking its historical high at 45,090, it may experience new record highs. Alternative Scenario: If it fails to break and stabilize above 44,600, the index could correct back to the 43,460 zone. Dow Jones Analysis (4-Hour

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Technical Analysis of the Dow Jones Index – 20th to 24th jan

Technical Analysis of the Dow Jones Index – 20th to 24th jan

Dow Jones Analysis (Daily Time Frame) In the past week, the Dow Jones index made a strong rebound from the support level of 41,766 and reached the important area of 43,467, closing at this level on the last trading day.Main Scenario: Considering that the index has reached a significant resistance area, it is expected to be rejected from this level and move downward, at least toward the 41,766 area.Alternative Scenario: If the index stabilizes above the 43,467 resistance, it could move towards the 44,600 area. Dow Jones Analysis (4-Hour Time Frame) Main Scenario: If the index breaks and stabilizes above the

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Technical Analysis of the Dow Jones Index – 13th to 17th jan

Technical Analysis of the Dow Jones Index – 13th to 17th jan

Dow Jones Analysis (Daily Time Frame) As highlighted in last week’s analysis, the Dow Jones index continued its bearish trend and ended the trading week after breaking below the 42,234 level. Main Scenario: Given that the last daily candle closed below the critical support at 42,234, the index is expected to continue its decline toward the targets of 41,678 and 39,979. Alternative Scenario: If the index regains the 42,686 level, the next target will be the 43,468 zone. Dow Jones Analysis (4-Hour Time Frame) Main Scenario: The Dow Jones index is expected to continue its downtrend after a temporary upward retracement,

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Technical Analysis of the Dow Jones Index – 6th to 10th jan

Technical Analysis of the Dow Jones Index – 6th to 10th jan

Dow Jones Analysis (Daily Time Frame) As expected, the Dow Jones index continued its movement within a range and is anticipated to break out of this range either this week or the next. Main Scenario: Similar to last week’s analysis, it is expected that the index will break below the 42,234 level. If this scenario materializes, the next targets for the index will be 41,678 and 39,979. Alternative Scenario: If the index reverses upward and breaks and consolidates above the 43,468 resistance, it could easily move towards the 44,605 range. Dow Jones Analysis (4-Hour Time Frame) Main Scenario: If the index

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