Mr. Dow - Uptrend in Diversion
Hi,
I think the dow is in a strong bullmarket – superordinate. It seems that wave 4 (purple in brackets) has completet it‘s mission already and ended as a triangle.
But: On the short term, I see a possibility to short it. Startpoint: red box. Endpoint: green box.
So the green box then is the startpoint of the long call. It could be the last chance to get chaper in the market bevor wave 5 (purple in brackets) gets stronger with targets around 27.000 up to 30.000 points. This means that there’s a great chance to start a long lasting long-trade – maybe for years!
Please be careful, because if the dow goes under 23,963 points, there's a posibility for my alternative count (shown as alt. in the charts).
Please leave a commet or a message, if you have any questions.
Take care,
tgo
I think the dow is in a strong bullmarket – superordinate. It seems that wave 4 (purple in brackets) has completet it‘s mission already and ended as a triangle.
But: On the short term, I see a possibility to short it. Startpoint: red box. Endpoint: green box.
So the green box then is the startpoint of the long call. It could be the last chance to get chaper in the market bevor wave 5 (purple in brackets) gets stronger with targets around 27.000 up to 30.000 points. This means that there’s a great chance to start a long lasting long-trade – maybe for years!
Please be careful, because if the dow goes under 23,963 points, there's a posibility for my alternative count (shown as alt. in the charts).
Please leave a commet or a message, if you have any questions.
Take care,
tgo
HK-Capital-Management
Disclaimer
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.