(^DJI) Trading Advice

Longer Term Trading Plans for ^DJI

• Buy ^DJI near 40176.14 target 42816 stop loss @ 40060.11 Details

The technical summary data tells us to buy ^DJI near 40176.14 with an upside target of 42816. This data also tells us to set a stop loss @ 40060.11 to protect against excessive loss in case the stock begins to move against the trade. 40176.14 is the first level of support below 42762.9 , and by rule, any test of support is a buy signal. In this case, support 40176.14 would be being tested, so a buy signal would exist.

• Short ^DJI slightly under 42816, target 40176.14, stop loss @ 42939.65 Details

The technical summary data is suggesting a short of ^DJI as it gets near 42816 with a downside target of 40176.14. We should have a stop loss in place at 42939.65though. 42816 is the first level of resistance above 42762.9, and by rule, any test of resistance is a short signal. In this case, if resistance 42816 is being tested, so a short signal would exist.

Swing Trading Plans for ^DJI

• Buy ^DJI slightly over 42816, target 45144.6, Stop Loss @ 42692.35 Details

If 42816 begins to break higher, the technical summary data tells us to buy ^DJI just slightly over 42816, with an upside target of 45144.6. The data also tells us to set a stop loss @ 42692.35 in case the stock turns against the trade. 42816 is the first level of resistance above 42762.9, and by rule, any break above resistance is a buy signal. In this case, 42816, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short ^DJI slightly near 42816, target 42687.8, Stop Loss @ 42939.65. Details

The technical summary data is suggesting a short of ^DJI if it tests 42816 with a downside target of 42687.8. We should have a stop loss in place at 42939.65 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 42816, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for ^DJI

• Buy ^DJI slightly over 42816, target 45144.6, Stop Loss @ 42716.11 Details

If 42816 begins to break higher, the technical summary data tells us to buy ^DJI just slightly over 42816, with an upside target of 45144.6. The data also tells us to set a stop loss @ 42716.11 in case the stock turns against the trade. 42816 is the first level of resistance above 42762.9, and by rule, any break above resistance is a buy signal. In this case, 42816, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

• Short ^DJI slightly near 42816, target 42732.51, Stop Loss @ 42915.89. Details

The technical summary data is suggesting a short of ^DJI if it tests 42816 with a downside target of 42732.51. We should have a stop loss in place at 42915.89 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 42816, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Check the time stamp on this data. Updated AI-Generated Signals for Dow Jones Industrial Average (^DJI) available here: ^DJI.

^DJI Ratings for June 06:

Term →	Near	Mid	Long
Rating	Neutral	Neutral	Neutral
P1	0	0	40176.14
P2	42444.11	42051.25	42816
P3	42732.51	42687.8	45144.6

AI Generated Signals for ^DJI

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