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Geofftv1
Jan 20, 2018 5:26 PM

DOW - Possible turning point reached. 

Dow Jones Industrial Average IndexTVC

Description

DOW has reached a possible turning point with wave 5 being ,618 of waves 1-3.
RSI is way overbought and a throwover from 2009 origin trendline has occured.
Good luck.
Comments
Chiefstorm
cool, thanks.
Chiefstorm
Nice call Geoff, lets see how low this wave goes.
A good 5 waves down will be interesting!
Paul
Geofftv1
@Chiefstorm, Thanks Paul, I think this is Intermediate wave (4) which may be forming a Triangle or Flat, if correct there is still one more wave up to go!
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