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jazzman1959
Oct 11, 2018 11:03 PM

Dow Jones Index on a W BO$$ Method style  Short

Dow Jones Industrial Average IndexTVC

Description

This is the Dow Jones Index BO$$ Method style on a W chart, and I can prove to you TWO different ways that we are capped out, one using a vertical fib and the other using a horizontal fib. My horizontal fib has the 0 at the first bottom and the 1 at the first ceiling, with the 4.414 being maximum energy (the global ceiling for this run) and the red box indicating the overbought territory above the fib. My vertical fib has the 0 and 1 at the first and second 7/77 crossovers, and this tells us that the date when the Dow Jones can no longer maintain positive energy (represented by the 4.414) is scheduled for somewhere around the 10th of December. The beginning of the end (the 4.272) fell at the end of August, so we are well on our way to collapse. To my understanding there is only so much money that can be put into diamonds and precious metals, and I see a lot of that Wall Street money moving onto the blockchain for safekeeping.
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