Learn to Evaluate Dow Jones 30 Industrials ($DJI) using the Charts

Longer Term Trading Plans for DJI

• Buy DJI slightly over 30808.69 target 32801.08 stop loss @ 30719.71 Details

The technical summary data tells us to buy DJI near 30808.69 with an upside target of 32801.08. This data also tells us to set a stop loss @ 30719.71 to protect against excessive loss in case the stock begins to move against the trade. 30808.69 is the first level of support below 32237.5 , and by rule, any test of support is a buy signal. In this case, support 30808.69 would be being tested, so a buy signal would exist.

• Short DJI slightly under 32801.08, target 30808.69, stop loss @ 32895.81 Details

The technical summary data is suggesting a short of DJI as it gets near 32801.08 with a downside target of 30808.69. We should have a stop loss in place at 32895.81though. 32801.08 is the first level of resistance above 32237.5, and by rule, any test of resistance is a short signal. In this case, if resistance 32801.08 is being tested, so a short signal would exist.

Swing Trading Plans for DJI

• Buy DJI slightly over 32538.31, target 32801.08, Stop Loss @ 32444.34 Details

If 32538.31 begins to break higher, the technical summary data tells us to buy DJI just slightly over 32538.31, with an upside target of 32801.08. The data also tells us to set a stop loss @ 32444.34 in case the stock turns against the trade. 32538.31 is the first level of resistance above 32237.5, and by rule, any break above resistance is a buy signal. In this case, 32538.31, 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 32538.31, target 31837.72, Stop Loss @ 32632.28. Details

The technical summary data is suggesting a short of DJI if it tests 32538.31 with a downside target of 31837.72. We should have a stop loss in place at 32632.28 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, 32538.31, 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 32386.99, target 32538.31, Stop Loss @ 32311.43 Details

If 32386.99 begins to break higher, the technical summary data tells us to buy DJI just slightly over 32386.99, with an upside target of 32538.31. The data also tells us to set a stop loss @ 32311.43 in case the stock turns against the trade. 32386.99 is the first level of resistance above 32237.5, and by rule, any break above resistance is a buy signal. In this case, 32386.99, 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 32386.99, target 31958.28, Stop Loss @ 32462.55. Details

The technical summary data is suggesting a short of DJI if it tests 32386.99 with a downside target of 31958.28. We should have a stop loss in place at 32462.55 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, 32386.99, 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 30 Industrials (DJI) available here: DJI.

DJI Ratings for March 24:

Term →	Near	Mid	Long
Rating	Neutral	Neutral	Neutral
P1	0	0	30808.69
P2	31958.28	31837.72	32801.08
P3	32386.99	32538.31	34628.17

AI Generated Signals for DJI

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