topamax seizures

Mar

28

DOW JONES Analysis – Week of March 28th to April 1st’ 2016 -- 100% accuracy
 

Posted by admin on

March 28, 2016

As expected & predicted “before” the start of the last week, Bears stepped in to give fight to Bulls. Please refer to my previous week analysis here http://www.vcarefinance.com/technical-analysis-of-dow-jones/

Last week, Dow Jones ended at 17,515.73…  Kind of neutral week, after Bears stepped in to give fight (100% prediction that Bears will give a fight). It was a short week, because of holiday on Friday. Bears could not take full control as Bulls stepped in last Thursday, and Dow Jones went up from a low of 17,399 to 17,515. Although 17,630 was taken out on Monday & Tuesday during intraday of last week, Bulls could not see that the close was above 17,630. So in a nutshell, it was a neutral week. Last week high was 17648.94 & low was 17,399.01

Let’s see what charts are saying for this week

DJ Marc 27th 2016

 

SHORT TERM (Daily chart) – POSITIVE / UP

MEDIUM TERM (Weekly chart) – NEUTRAL (This week may be critical for next move)

LONG TERM (Monthly chart) – POSITIVE / UP

 

Big economic report is due on Friday April 1st – which is “Unemployment report”.

BULLISH SCENARIO – If 17,550 is cleared, then expect a ‘decent fight’ from bears at 17,575. If it clears 17,575 then I expect last week highs to be tested which is around 17,650 and bulls may push it further. If 17,780 is cleared and held, I expect big move to upside further squeezing the shorts. Targets 18000 & 18100

Please note since Dow Jones is near all-time highs, false breakout and shakeout is a possibility.

BEARISH SCENARIO – If it struggles to clear 17,550-17,575 then Bears may step in. First major sign of Bears taking control is if 17,390 is taken out and held. 17,300 & 17,200 targets

CONCLUSION – Big economic report is due on Friday. It could trigger talk of “interest rates” and volatility may shoot. Volatility is here to stay for some time. Another curve ball to all this is, Terrorism and China news.

I have learnt through years; it does not matter what the news is – what matters is “Price Action” and how markets react to it. Of course, due respect should be given to major economic news & Fed (and other major central bank news of developed nations) and plan your risks accordingly by yourself or by consulting an expert. Please note, above critical levels – where I mention price has to be cleared & held – relates to Dow Jones end of day prices & not intraday.

 

Thanks & God Bless !

Koomar

 UPDATE : Bullish scenario played out & on Friday April 1st, Dow closed at 17,800

Recent Analysis
Testimonials

Kumar analyzed AAPL stock in April 2013 in response to my request, as I was invested in Apple stock then. His analysis was 100% on the money & that helped me to decide on my next steps. I highly recommend his service for any kind of investor/trader.

Srinivas.C
Investor in USA, March 2015

Kumar provided some valuable insight to a stock (TSRO) I was considering buying. Thank you Kumar!

John.B
Investor in USA, April 2015

Thank you Kumar for your advice not to invest money in WFM in November 2013. I thought this would be a good opportunity to get my daughter started in stocks, but it would not have been a pleasant beginning. The stock has never been as high as it was when I was considering it. It has continued to decrease over the past year. It started at 59 and fell to 38 in a few months. I should have invested in MSFT as you recommended which has gone from 38 to a recent price of 49.

Diane Z
Investor in USA ,December 2013
Diane.Zxxxxxx@XXXX.com

Thank you Kumar for sharing your views on Gold. As I recall you predicted this well in advance around 8 years back that gold will have a dream run, and you are damn right. I realize some of us didn't buy that theory at that time initially, but soon enough realized the true potential of gold and started purchasing from then on and made good handsome profits. Truly appreciate your advice on gold even today.

Suresh .N, USA (September 2012)
Long Term Investor in India naxxlxxi@yahoo.com

Kumar's analysis of the market and even a particular Stock are very accurate. He told me about J.P. associates turning point and that what exactly happened. I'm very impressed and thankful.

Salil C, USA (October 2012)
Long Term Investor in India saxxlxxnx@hotmail.com

Kumar gave advice on VGUARD Industries, I followed him exactly, I dont have enough time to look at it everyday, but his timely updates helped me, more over his advice was accurate

Joy Sebastian, India (September 2012)
A casual investor, India rexxhxxy@hotmail.com