Strike Analytics

Dow

16 Mar 201812:38 PM

Two days ago I published a triangle on the Dow, with the bearish alternate. But after looking at the Nasdaq if I consider that the fall in Feb is not an impulse [nuts] then the channels fit the Dow perfectly as well and the triangle can be a 4th wave and 5th wave final new high to 27400 could be the final completion of this set up before it ends. If this happens it will surprise most, and the Nifty may finally do the wave B retracement [no I do not expect a new high there], and inter market global equity divergences galore. The Long short video discusses this among other facts.

dow160318

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