DJI: Earning Season or Stormy Season ?

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DJIA

Again with the keeping it simple Strategy.

1. See the price action around the Support lines and Trend Lines.
2. Price got rejected at 20 MA twice on a Daily Close.
3. Frequent Testing of Previous Support Levels
4. Earning Seasons - Meh, Storms Brewing In the marked Area !!
5. Clouds in this area needs to dissipate Quickly , meaning Run upwards !!
6. More Inclined to think a Violent break of the Support Zone and a Sudden Run to 22800 ( TGT-2) as predicted earlier.


Be prepared for this. Dont be Uptight , see the Previous posts on Dow Jones and hit the play button. Then Post a LIKE :)

*** Bullish Scenario : Strategy to go long- will update if it manages to close above 20 MA.
Transaction en cours
Not Quite COnvinced on the bounce we saw today. Lets see how the trading goes today.
djiadjianalysisstormSupport and ResistanceTrend Analysis

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