BASRAOIL_LIMITED

Dow Jones Index Monthly Chart

BASRAOIL_LIMITED Updated   
TVC:DJI   Dow Jones Industrial Average Index
A possible Elliott Wave count
shows the index to trade higher
for a target that the it may
drop sharply or a crash.
Comment:
The recent sharp drop is what we expected in the above analysis.
We believe this sharp drop is a kind of 4th wave which could be a good opportunity to buy for a new high in the coming weeks.
We expect the major market crash when the Dow makes it to 28000 area level.

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