Strike Analytics

Dow

17 Nov 201704:23 AM

While the Nasdaq treads to new highs the Dow looks more like ti could end up forming a right shoulder because the previous rally completed breaking down from the channel. Wave 1 down is a 5 wave decline on hourly charts and wave 2 has a 66% retracement so far. Wave 3 down may start from here.

dow 171117

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