technical articles

dji-analysis

Technical Analysis of the Dow Jones Index – 30th dec to 3rd jan

Technical Analysis of the Dow Jones Index – 30th dec to 3rd jan

Dow Jones Analysis (Daily Time Frame) After experiencing a significant drop over the past month, the Dow Jones index saw a weak rebound last week but ultimately ended the trading week with a decline. Primary Scenario: It is expected that, after some range-bound fluctuations, the Dow Jones will continue its downward movement, breaking below 42140 and heading towards 41684 and 39979. Alternative Scenario: If the above scenario does not materialize and the index surpasses the resistance at 43468, it could retest the 44605 level. Dow Jones Analysis (4-Hour Time Frame) Primary Scenario: If the Dow Jones breaks below the support at

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Technical Analysis of the Dow Jones Index – 23th to 27th dec

Technical Analysis of the Dow Jones Index – 23th to 27th dec

Dow Jones Analysis (Daily Time Frame) The Dow Jones index, after a 6.5% drop from its historical high in the past two weeks, temporarily halted its decline at the 42140 area and ended the trading week at 42966 with a relatively weak rebound. Main Scenario: Given the momentum and the steep decline, it is expected that after some correction, the index will continue its decline and experience lower lows. If it breaks below 42140, it can move towards the 41684 and then 39963 areas. Alternative Scenario: If the above scenario does not occur and the 43739 area is reclaimed, the index

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Technical Analysis of the Dow Jones Index – 16th to 20th dec

Technical Analysis of the Dow Jones Index – 16th to 20th dec

Dow Jones Analysis (Daily Time Frame) As mentioned last week, the Dow Jones index was ready for a correction, and this has occurred. Given the intensity of the momentum created, it is expected that this index will move to the range of 43381 and even 42900: Main Scenario: If the correction continues and the 42900 area is broken, this index can move to the range of 41684. Alternative Scenario: If it reverses from these areas, it first faces resistance at 44529 to 44605, and if it breaks and stabilizes above this area, it can experience 45098 and even higher levels. Dow

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Technical Analysis of the Dow Jones Index – 9th to 13th dec

Technical Analysis of the Dow Jones Index – 9th to 13th dec

Dow Jones Analysis (Daily Time Frame) In the past week, despite the overall bullish trend, the Dow Jones index has been in a range-bound zone. Based on the price movement of the last two trading days, it is expected that this index will experience a correction, potentially moving towards the 44,365 level.Scenario 1: If this correction occurs, there is a possibility of lower figures being seen.Scenario 2: After the expected correction ends, the index needs to break the 45,098 resistance in order to establish a new historical high. Dow Jones Analysis (4-Hour Time Frame) In the 4-hour time frame, considering the

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Technical Analysis of the Dow Jones Index – 2nd to 6th dec

Technical Analysis of the Dow Jones Index – 2nd to 6th dec

Dow Jones Analysis (Daily Time Frame) Starting on Monday, November 25, Brent oil began its trading week with a decline, priced at $74.92 per barrel. By Friday, November 29, it ended the week at $72.42, experiencing a 3.43% drop.Given the current trend, which is still in a range-bound phase, if a reversal occurs and the price breaks and stabilizes above the resistance level of 75.32, it could rise towards the 80.22 range.However, if the decline continues, it will encounter support at 70.94. If this support level is broken and the price stabilizes below it, the next targets could be 69.12 and

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Technical Analysis of the Dow Jones Index – 25th to 29th nov

Technical Analysis of the Dow Jones Index – 25th to 29th nov

Dow Jones Analysis (Daily Time Frame) The Dow Jones Industrial Average (DJIA) has come out of its recent slump and continued its mid-week bullish trend with a strong performance on Friday. However, it is still a little shy of its previous peak near 44,485. Main Scenario: Buy positions can be taken from price corrections in the 43,541-43,085 range targeting 44,525 and 45,461. Alternative Scenario: If the 44,525 resistance level holds, sell positions can be tested with price targets at 42,250 and 40,637. Dow Jones Analysis (4-Hour Time Frame) Main Scenario: Buy positions can be taken from price corrections in the 43,736

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Technical Analysis of the Dow Jones Index – 18th to 22th nov

Technical Analysis of the Dow Jones Index – 18th to 22th nov

Dow Jones Analysis (Daily Time Frame) With the strengthening of the dollar, the Dow Jones initiated a strong bullish rally, advancing to the 44,600 range. Main Scenario: If the price retraces to the 44,268 area and confirmation is received, short positions targeting 42,290 can be considered.Alternative Scenario: If the 43,560 range is maintained, the price increase is expected to continue towards the 46,000 channel. Dow Jones Analysis (4-Hour Time Frame) Main Scenario: If the 43,513 range is maintained, a price increase toward the 44,552 area is anticipated.Alternative Scenario: A breakout and stabilization below the 43,513 area could lead to a decline

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Technical Analysis of the Dow Jones Index – 11th to 15th nov

Technical Analysis of the Dow Jones Index – 11th to 15th nov

Dow Jones Analysis (Daily Time Frame) Main Scenario: If the 43,710 level is broken, the price is likely to continue falling toward the 42,089 range.Alternative Scenario: If the 43,357 support level holds, we expect the price to rise toward the 45,909 and 47,517 regions. Dow Jones Analysis (4-Hour Time Frame) Main Scenario: We expect a price decline to the 42,959 range. If this level holds, the price could rise again toward 45,909.Alternative Scenario: If the 43,433 level is broken, the price may continue to fall toward 42,046. Dow Jones Analysis (15-Minute Time Frame) We anticipate a price decline toward the 43,746

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Technical Analysis of the Dow Jones Index - 4th to 8th nov

Technical Analysis of the Dow Jones Index – 4th to 8th nov

Dow Jones Analysis (Daily Time Frame) After weeks of a bullish rally, the Dow Jones has entered a downward slope. The range of 42,729 plays a key role in price movement for the upcoming week.Main Scenario: If the price fails to consolidate above 42,729, consider sell trades down to the areas of 40,308 and 39,294.Alternative Scenario: If the 42,729 level breaks and consolidates above, consider a price increase to the levels of 43,649 and 45,909. Dow Jones Analysis (4-Hour Time Frame) In the 4-hour time frame, the price has entered the demand zone of the 4-hour time frame, and we expect

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dji

Technical Analysis of the Dow Jones Index – 28th oct to 1st nov

Dow Jones Analysis (Daily Time Frame) After several days of upward rally, the Dow Jones had a completely bearish week last week. Main Scenario:We expect the price to decline to 41,607. If the support area at 41,510 holds, we will see a price increase back to 43,345. Possible Scenario:Price could drop to 40,634, followed by a buying opportunity to reach targets of 43,649 and 45,909. Dow Jones Analysis (4-Hour Time Frame) We expect the price to move to the area of 43,893.The main scenario is that if the 43,109 level does not break, the price will continue to decline to 41,024.

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