2018-02-22

DOW JONES UPDATE

IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
DJIA ON THE 15 MINUTES PRICE CHART, AS I STATED EARLIER THE DOW‘S BEARISH RUN FROM ALL TIME HIGH AT 26612 TO LOW OF 23414 IS  (A) WAVE OF ZIGZAG PATTERN THAT CONSISTS OF THREE SEGMENTS LABELED A-B-C , THE SUBWAVE SEQUENCE IS 5-3-5 , I DO THINK THAT THE (B)WAVE PEAKED AT 25431 , SO ONE MORE SELLOFF TO GET WAVE (C) WHICH MEANS THE LOW OF 23414 SHOULD BREAKTHROUGH DOWNSIDE , TO GET A PRICE TARGET ALMOST AT 22250.
IF PRICE UNABLE TO BREAKS DOWN THE LOW OF 23414, A QUITE POSSIBLY THE DOW MIGHT FORMS A TRIANGLE AS (B)WAVE  , THEN GOIN BACK DOWN TO RESUME THE DOWNTREND AS (C) WAVE