Lawtyrant
Short

Update to my last DJI projection

DJCFD:DJI   Dow Jones Industrial Average Index
As you can see the DJI triangle corrective pattern is coming close to an end. Following the "e" point on my above shown chart the DJI should fall sharply.

Your anticipated thoughts and comments are greatly appreciated.
Why do you think the triangle won't break up?

Certainly, this week will see a Fed-rate hike, and that might cause a break down. In fact, it was rate fears that triggered the Feb plummet. But maybe if the hike is less than expected, it might break up.
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