Mentorship

Mentorship

Dow DJIA

19 Aug 2015 ‚óŹ 04:23 AM

Or simply the Dow Jones Industrials average, the Dow rose in the last 3 days in 3 waves and closed the day down. This keeps the near term bias bearish. A corrective rise points to more downside ahead. There are many ways to count the decline in the DJIA, and this is one of them. Wave c down should equal wave a. That should take it to 16600 with resistance at 17568 at the 20dma.

dow190815

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