Hello everyone,

the structure of the Dow is worse at the moment, so I decided to get an update to show you what I am thinking of.

The movements for the next weeks or month: the dow is in a very huge corrective pattern (wave [4]). That means, we will see much more deeper courses - namely 20.600/18.500 – and we will not see an end-of-the-year bull run, as it is written in the press year by year. That’s what I think.

Maybe the smaller (ii) comes a little more up, if not… looking the train running from behind…

snapshot

Please leave a comment or a message if you have any questions or other ideas!

Take care,
tgo
Beyond Technical AnalysisChart PatternsDOWdowjonesElliott WaveentryforecastIndicesLONGshortWave Analysis

HK-Capital-Management