Unit of Technical Analysis

reversed from 0.5 of the day. Let's see, how it moves further.

16149 is 0.786 level of Range formed

Nifty: today's target for downtrend: T1: 1.272: 16072 T2: 1.618: 161016

Dow Jones: 15 mins chart for 1 days, 28th June High formed followed by 5th June: Support low (Range formation). 8th June: Lower High@ 0.236 level of Range. This gives a Downtrend Signal 11th June: bottom formed followed by upward move to 50% level, Which gives us a high probability trade for downward move. We hopefully start moving down in Dow Jones too..

Dow Jones: Support Levels & Resistance Trendline

Dow jones Daily Chart: Bearish: No breakout from Trend. New High formed on 28th June, which is still not broken after 15 calendar days, while the break has reversed from 0.786 level of Range formed, Which gives a Bearish Signal

Dow jones: Monthly Chart: Overall, still looks Bearish, No Breakout from the Blue Trendline for upward move.

International Market Update: (Dow Jones) 1. Montlhy 2. Daily 3. Daily Support & Resistance 4. 15 min, Trend formation

Tomorrow onwards, we may see a downtrend, trade cautiously

Fibo 1 was 1.272 of yesterday's range and reversal upto 0.236 level Fibo 2: Range: Yesterday's high and today's low, 0.236: 16237.75 0.5: 16195

125 done out of 250 let's see, how strong the resistance is

trail your SL guys

16237.75 is 0.236 from top of yesterday's top and today's low

so, we can expect a 250-300 points move

now a Bollinger band Squeeze in 30 minutes time frame,

1, 2, 3 & 4 all done.

Nifty Monthly Trend: Important Update for Bear Phase

Unit of Technical Analysis: Chapter 7: 2-5-8 Support Levels: Risk Management & Trailing your Stop Loss (SL) for Maximum Profits