Financial estimates for tonight (N Dow inc) 🤔🧐
Good evening.
It dropped to 135.00 overnight and is ranging at 136, so I will reanalyze and provide an early forecast for tonight.
Dow Inc. felt like bouncing up after dropping to 135.
I think there will be an oversold bounce for retesting the micro support levels of 138.20/140.18/141.77.If the micro support levels can be broken through, the downside pressure will be invalidated. Breaking through the resistance at 143.95 and then at 149.06 would invalidate the downward pressure, potentially leading to a Christmas rally.
Once 149.06 is breached, the extended target is 152.It might even reach 164 by Christmas.
If 138.20 is not broken through, there is a possibility of breaking down to the supports at 132.07/128.60.
Thanksgiving is better with KFC than turkey, but it's cold, so duck.
I will post another financial estimates before the market opens.Well then, see you later.
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codeOZ(家長) : Should we push through until the employment statistics? Stay sideways? Since the previous statistics were strange, even if we rally, it takes courage to rise now.I wonder how the forecast will turn out this time, given the previous one was like that.。
おむすびちゃん : Good evening.
Thank you for the analysis.
Currently, it is exceeding 138.2, so I think it is heading in a good direction.
I hope the year-end rally will kick in.
ピンハネ OP おむすびちゃん : Good evening.I just made a repost of the reanalysis, but it is preferable not to hold below 139.50, as there is a possibility of falling to 132/128, so I don't feel reassured if it's not holding & breaking at 140.