{"id":11723,"date":"2021-12-20T09:22:22","date_gmt":"2021-12-20T09:22:22","guid":{"rendered":"https:\/\/tradingshot.com\/?p=11723"},"modified":"2023-05-08T09:24:29","modified_gmt":"2023-05-08T09:24:29","slug":"dow-jones-hit-the-1d-ma200-buy-fractal-spotted","status":"publish","type":"post","link":"https:\/\/tradingshot.com\/index.php\/2021\/12\/20\/dow-jones-hit-the-1d-ma200-buy-fractal-spotted\/","title":{"rendered":"DOW JONES hit the 1D MA200. Buy fractal spotted."},"content":{"rendered":"<p>&nbsp;<\/p>\n<p>Dow Jones has had a very sharp two-day pull-back, which hit today the 1D MA200 (orange-trend-line). That came off an Inverse Head and Shoulders pattern (IH&amp;S) that continues to resemble that of June &#8211; July. With the 1D RSI hitting the Symmetrical Support level of the July 19 low which initiated the strong rebound to the 0.236 Fibonacci extension, I expect the same sequence to be replicated and hit 37000 by the end of next month.<\/p>\n<p>Tradingview link:<\/p>\n<p><a href=\"https:\/\/www.tradingview.com\/chart\/US30\/8f1JqpxZ-DOW-JONES-hit-the-1D-MA200-Buy-fractal-spotted\" target=\"_blank\" rel=\"noopener\">https:\/\/www.tradingview.com\/chart\/US30\/8f1JqpxZ-DOW-JONES-hit-the-1D-MA200-Buy-fractal-spotted<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; Dow Jones has had a very sharp two-day pull-back, which hit today the 1D MA200 (orange-trend-line). That came off an Inverse Head and Shoulders pattern (IH&amp;S) that continues to resemble that of June &#8211; July. With the 1D RSI hitting the Symmetrical Support level of the July 19 low which initiated the strong rebound<\/p>\n","protected":false},"author":611,"featured_media":11724,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1639],"tags":[],"class_list":["post-11723","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stockindices"],"_links":{"self":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/11723","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/users\/611"}],"replies":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/comments?post=11723"}],"version-history":[{"count":2,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/11723\/revisions"}],"predecessor-version":[{"id":11726,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/11723\/revisions\/11726"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media\/11724"}],"wp:attachment":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media?parent=11723"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/categories?post=11723"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/tags?post=11723"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}