SkylinePro

Dow Jones - more losses ahead

Short
TVC:DJI   Dow Jones Industrial Average Index
DJI continue its way down on intermediate wave 5 of corrective primary wave A in the current main scenario. The alternative scenario as of today is that intermediate wave 5 has finished, if this is the case, there is a possibility that wave A up had not yet finished, to monitor for this look at the resistance line at the high of March 26 in the next days. in any of those cases the mid-trend continues down. The upward move since March 23 reached 0.382 retracement of its move from Feb 12. If we are in the first scenario case, DJI should drop around 20% up to April 17. FOLLOW SKYLINEPRO TO RECEIVE UPDATES

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