2018-04-16

DOW JONES

IN THE NAME OF ALLAH THE MOST GRACIOUS THE MOST MERCIFUL
DOW JONES , DAILY RANGE, AS I STATED EARILER , MY MAIN  SCENRIO FOR  CURRENT CORRECTION IS  A ZIGZAG PATTERN , DOW HAS COMPLETED WAVE (A) AND WAVE  (B) AS ILLUSTRATED IN THE FIRST CHART AND THE LAST BEARISH  SWING OF ZIGZAG HAS COMMENCED , NOW THE DOW JOANS REBOUNDED  OFF SUPPORT 23350 TO COMPLETE  THE SECOND WAVE OF  (C)
ALTERNATIVE SCENARIO  , DOW JOANS  CORRECT THE LARGER TREND WHICH MEANS THAT CORRECATION ‘S DEPTH COULD BE LARGE IN TIME AND PRICE, IN THIS CASE, DOW ALREADY STARTED THE THIRD WAVE OF THE FIREST LEG OF LARGER ZIGZAG LABELED (A) THAT AT LEAST REACHING TO LOW OF 20000
SENTMENT INDICATORS: ILUSTRATED IN THE SECOND CHART SUGGEST THAT, THER E IS A WEAKNEES IN  THE DOW JOANS PERFORMANCE ,AND THE STOCK MARKETS BECAME MORE RISKY
 FORTUNATELY ,  GOLD DID NOT GET A BREAK ABOVE 1365. OTHERWISE THER WAS A PROBELM FOR STOCK MARKETS