2018-03-15

DOW JONES UPDATE

IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
  • DOW JONES ,60M CHART, I DO THINK THAT THE PRIMARY SCENARIO WHICH I FLLOW IS STILL WORKING , MIGHT BE DOW STARTED WAVE (C) THAT REPRESNTS THE LAST BEARISH SWING IN A ZIGZAG PATTERN, SPECIFICALLY DOW JUST STARTED THE THIRD WAVE OF WAVE (C) ,WHICH IS KNOWN THE LONGEST WAVE IN THE SQUENCE ,IT MIGHT HIT TO 22550 
  • THE ALTERNATE SCENARIO IS , THE SIDEWAY MOVE MIGHT BE A TRAINGLE , AND THE DOW STARTED WAVE (D) OF TRIANGLE WHICH SHOULD NOT BREAKS DOWN 24219 ,THEN ONE MORE UPWARD SMALL SWING NOT EXCEEDING 25450 TO COMPLETE THE TRIANGLE AND WAVE (B) , THEN THE DOW  RESUMES THE DOWN TREND TO ENDS WAVE C
  •  BREAK DOWN 24219 NEGATE THE ALTERNATE SCENARIO, MONITOR CLOSELY THIS SUPPORT
  • THERE IS A PROBABILITY THAT THE ENTIRE MOVE FROM 26612 TO 23360 IS THE   WAVE (1) , WAVE (2) COMPLETED AT 25800 ,  AND THE THIRD WAVE ALREADY STARTED, THAT MEANS THE DOW IS IN A LARGE CORRECTION MIGHT TAKE IT TO ABYSMAL LEVELS