Mentorship

Mentorship

Dow

4 Jul 2019 ‚óŹ 06:53 AM

The DJIA or Dow index went past the wave C high shown on this chart and maybe now heading toward the top trendline like the S&P. The Top line is at 27265, and would be wave e of E in what is an expanding triangle inside an expanding triangle. The final leg of this move up before the US market dumps. It need not be touch and go, it can be a slow distribution at the top as well. a triangle in wave e could further delay the eventuality time wise so we have to look for an impulsive decline to know that the next wave lower started. But there is still room on the upside it seems now.

dow 040719

Comments (0)

Categories

Latest Articles