DJI Range Breakdown

2023年3月9日

DJI has broken down of a range consolidation and as per range the downside targets are marked on the charts.
Most of the other details are clearly marked on the charts and overall weakness is visible in post today's candle close in US Market


Previous DJI analysis are linked in related idea section

2023年3月10日

註釋

DJI approaching target

2023年3月13日

註釋

DJI hits target zone ...

2023年3月15日

註釋

DJI after hitting the target zone, showing a good bounce back from the support zone marked on the chart and today's closing is super bullish hammer. Any follow up here would be interesting :)

2023年3月15日

註釋

On hourly timeframe watchout for this falling wedge breakout possibility in DJI

2023年3月16日

註釋

DJI hourly ...moving strong as expected

2023年3月20日

註釋

DJI so far has respected the same zone since last few days and has shown good consolidation above it in range.

2023年3月21日

註釋

DJI up by almost 1000 pts from the given support level

2023年3月24日

註釋

DJI a decent weekly closing, the demand zone marked was held through

2023年3月29日

註釋

DJI holding up the level, lets see what happens in weekly closing tomorrow

2023年3月30日

註釋

DJI bounced back by almost 1400 points from the level of support / reversal level marked on charts :)

2023年4月11日

註釋

Amazing reversal in DJI, I know the title of this chart says short and breakdown and should have been more descriptive in details of the caption. But as clearly mentioned the targets was the support area and that support got respected very well and it seems like the range breakdown was nothing but a liquidity grabbing exercise