demoxbt

The Dow, Just Corrections

Short
TVC:DJI   Dow Jones Industrial Average Index
I would be shorting the market here. The damage to the market has already been done. We have seen 5 clear waves with a truncated 3rd because the 3rd moved too fast, might have been because of the election. But when the third moves too fast, we find ourselves with a low 5th waves, which has happened. We have touched the golden zone for the last 5 waves which tell me we are going to correct in the 20,000 range, it will probably be fast and bloody, so take pictures while you can!

Good luck trading

-Trader A

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.