Hello Friends, Welcome to my Blog QuickDhan. Here I am Trying to show technicals of charts and important levels as per my understanding.
Today I am Sharing with you Dow Jones Industrial Average Chart. From the last few months Our market is falling like anything. Almost all the big Stocks also corrected significantly from their LifeTime Highs.
Peoples are sufferring from huge losses weather from Stock market or from Crypto Coins. Here I will Also try to share some chart and analysis of crypto too so please stay tuned with us.
Dow Jones Technical Chart -
Lets first look on to our Index Chart, Here as you can see I drew here Monthly Chart of Dow Jones just to get the Important levels of chart.
Here I can See Clearly 29600 is strong Support on the chart and Few Points Above this also having a support on which currently we are hanging. This One is at 30635, Hope we can see good bounce from here, Unless after this 29600 will be our last hope at present.
As you all know today FOMC Meet is also there so keep that thing also in mind, we might see huge volatilty after the James Powell commentry on interest rates. People Expecting 0.75% Rate Hike.
