IN THE NAME OF ALLAH THE MOSR GRACIOUS THE MOST MERCIFUL
TODAY THE DOW JONES CRACK 30.000 FOR THE FIRST TIME EVER OF THE POSITIVE VACCIN NEWS AND EASING UNCERTAINTY OVER THE US PRESIDENTIAL TRANSITION
THE DOW JONES CHART SHOWS AN EXCELLENT THE BULLISH 5-0 PATTERN , PRICE ACTION IS FORMING THE EXTENDED BC LEG , THIS LEG SHOULD BE RALLIED AT LEAST TO 161.8% EXTENSION OF THE AB LENGTH AT 31090, BUT IT DOES NOT EXCEED 224% AT 32990 THEN WE CALCULATE THE 50% RETRACEMENT FROM THE B POINT TO C POINT TO COMPLEMENT THE STRUCTURE AT 28600-29560 RANGE, FINALLY PRICE ACTION REVERS TO UPSIDE
NOTICE:- IF THE 161.8% EXTENSION OF AB NOT REACHED(31090) THE STRUCTURE IS NOT A VALID 5-0
BELOW 0.618 OF BC STOP LOSS LIMIT AT 28000-28750 RANGE
