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Geofftv1
Jan 26, 2018 10:46 AM

DOW - Bulls Beware Monthly Update 

Dow Jones Industrial Average IndexTVC

Description

This is my updated idea from 2nd DEC. The DOW has thrown over the upper trendline and at the same time ATR has turned positive at the end of a triangle!
This may be an advance warning of a change in direction, large throwovers usually result in large corrections! Good Luck.

Comment

Hmmmmm, this is what i expected.
Comments
Chiefstorm
Huge drop! nice call Geoff.
Paul
SJWTradingNI
Crazy! ftse tomorrow?
Geofftv1
@TA-trade, There may be a bounce back up before the next wave down.
SJWTradingNI
@Geofftv1, 860 pt up move in 20 mins! PPT at work!
Geofftv1
@TA-trade, Yes, thisbis wave 4, wave 5 will take dow lower again.
LaithAbuSameed
@Geofftv1, so shell we sell it or wait for move up
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