{"id":13189,"date":"2023-02-13T06:38:54","date_gmt":"2023-02-13T06:38:54","guid":{"rendered":"https:\/\/tradingshot.com\/?p=13189"},"modified":"2023-05-19T06:40:52","modified_gmt":"2023-05-19T06:40:52","slug":"dow-jones-still-ranged-keep-scalping-for-maximum-profits","status":"publish","type":"post","link":"https:\/\/tradingshot.com\/index.php\/2023\/02\/13\/dow-jones-still-ranged-keep-scalping-for-maximum-profits\/","title":{"rendered":"DOW JONES Still ranged. Keep scalping for maximum profits."},"content":{"rendered":"<p>Dow Jones (DJI) followed the exact trading plan that we published last Wednesday as it rebounded on the 4H MA200 (orange trend-line) and today reached the Resistance Zone of 34300 &#8211; 34370(August 16 and January 15 Highs respectively). This keeps it neutral as we expected within the rough 33640 &#8211; 34180 Scalping Range:<\/p>\n<div class=\"tv-embeded-image\"><a class=\"js-embeded-chart-image tv-embeded-image__link\" title=\"DOW JONES Scalping range emerged and our medium-term plan.\" href=\"https:\/\/www.tradingview.com\/chart\/US30\/V2lygdXe-DOW-JONES-Scalping-range-emerged-and-our-medium-term-plan\/\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" class=\"js-image-lazy-load\" src=\"https:\/\/s3.tradingview.com\/v\/V2lygdXe_big.png\" alt=\"DOW JONES Scalping range emerged and our medium-term plan.\" \/><\/a><\/div>\n<p>The 4H MA50 (blue trend-line) has assumed the role of the Pivot and the 4H MA200 (orange trend-line) that of the Support (all candles closed above it). Our short-term trading plan remains scalping this range for as long as the price remains\/ re-enters inside it. On the more medium-term, above the green Pivot Zone we are buyers targeting 34300, while below the Higher Lows trend-line we are sellers targeting 32700 (above the 32480 Support). Similarly, we will take the buy break-out if the price breaks the 34370 January 15 High and target the 34910 December 13 High.<\/p>\n<p>Keep in mind that this Higher Lows trend-line is what helped us take this accurate buy entry 4 weeks ago as you can see on the chart below:<\/p>\n<div class=\"tv-embeded-image\"><a class=\"js-embeded-chart-image tv-embeded-image__link\" title=\"DOW JONES The High volatility zone continues to pay off\" href=\"https:\/\/www.tradingview.com\/chart\/US30\/w8nR9lso-DOW-JONES-The-High-volatility-zone-continues-to-pay-off\/\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" class=\"js-image-lazy-load\" src=\"https:\/\/s3.tradingview.com\/w\/w8nR9lso_big.png\" alt=\"DOW JONES The High volatility zone continues to pay off\" \/><\/a><\/div>\n<div><\/div>\n<div>Tradingview link:<\/div>\n<div><\/div>\n<div><a href=\"https:\/\/www.tradingview.com\/chart\/US30\/geIjxrU2-DOW-JONES-Still-ranged-Keep-scalping-for-maximum-profits\" target=\"_blank\" rel=\"noopener\">https:\/\/www.tradingview.com\/chart\/US30\/geIjxrU2-DOW-JONES-Still-ranged-Keep-scalping-for-maximum-profits<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Dow Jones (DJI) followed the exact trading plan that we published last Wednesday as it rebounded on the 4H MA200 (orange trend-line) and today reached the Resistance Zone of 34300 &#8211; 34370(August 16 and January 15 Highs respectively). This keeps it neutral as we expected within the rough 33640 &#8211; 34180 Scalping Range: The 4H<\/p>\n","protected":false},"author":611,"featured_media":13190,"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-13189","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\/13189","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=13189"}],"version-history":[{"count":2,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/13189\/revisions"}],"predecessor-version":[{"id":13192,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/13189\/revisions\/13192"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media\/13190"}],"wp:attachment":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media?parent=13189"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/categories?post=13189"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/tags?post=13189"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}