Dow Jones - There Is A Lot More Upside!

1 oct.

Dow Jones (DJI) is just starting the next bullish impulse:



Click chart above to see the detailed analysis👆🏻

The Dow Jones is anything but bearish and over the past couple of months, value stocks in general have actually been outperforming growth stocks significantly. I do expect all time highs on basically all major indices and the Dow Jones might even head for the $50.000 mark next.

Levels to watch: $50.000, $35.000

Keep your long term vision,
Philip (BasicTrading)

4 oct.

Transaction en cours

Trading update on Dow Jones (DJI):



Click chart above to see the detailed analysis👆🏻

Price action, market structure and trading momentum are all simply indicating, that the Dow Jones will head (much) higher over the next couple of months. Literally the next resistance is the upper channel trendline and for now the Dow Jones is heading for new all time highs.

Levels to watch: $50.000

Keep your long term vision,
Philip (BasicTrading)

9 oct.

Transaction en cours

Trading update on Dow Jones (DJI):



Click chart above to see the detailed analysis👆🏻

The Dow Jones is clearly bullish. With the creation of the new all time high, there is no reason why this bullish rally will end soon. Especially looking at structure, the next major resistance is the trendline. Bears completely surrendered and bulls are totally in control.

Levels to watch: $50.000

Keep your long term vision,
Philip (BasicTrading)

14 oct.

Transaction en cours

Trading update on Dow Jones (DJI):



Click chart above to see the detailed analysis👆🏻

Over the past six months, the Dow Jones has been moving higher and higher without any real pullback and there is no sign of the bullrun slowing down. The next resistance is still far away and there is literally no reason why the Dow Jones should stop creating new all time highs.

Levels to watch: $50.000

Keep your long term vision,
Philip (BasicTrading)

22 oct.

Transaction en cours

Trading update on Dow Jones (DJI):



Click chart above to see the detailed analysis👆🏻

If the overall stock market is at an all time high, so should your trading account. And if everything is still looking incredibly bullish, there is no reason to manage positions - all you can do is wait. The sky is the limit and you never know how long this bullish rally will last.

Levels to watch: $50.000

Keep your long term vision,
Philip (BasicTrading)