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…
Please leave a comment or a message if you have any questions or other ideas!
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.