kaankaldirim

DJI - Dow Jones Industrial Average Index

Long
kaankaldirim Updated   
TVC:DJI   Dow Jones Industrial Average Index
All 50 states under disaster declaration for first time in US history. The number of Covid-19 cases and deaths are increasing day by day. Besides the negative news flow, I have prepared an Elliot wave analysis in terms of technical analysis. This week, I'm expecting a drop towards the 4th wave, i.e. 22,500. On the other hand, I'm expecting a rise towards the 5th wave in the week of April 20-27. That value is around 25,500, as I have shown on the chart.
Trade closed: target reached
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