JWagnerFXTrader

DJI | Elliott Wave | Bearish View | Jeremy Wagner

DJCFD:DJI   Dow Jones Industrial Average Index
Dow Jones Industrial Average appears to be moving higher in a 'c' wave. Within the 'c' wave, we appear more than half way through the impulse. If the trend continues higher, the area near 27k may offer a reaction. Regardless, my view is that the next major move is likely to the downside.

Wave iv of 'c' or the wave 'b' low can offer a short entry on a break down. That way, if this analysis is incorrect and price continues higher without hesitating lower, then we can be saved from a losing trade.
5 Basic Elliott Wave Patterns: https://bit.ly/2VYzVoM

Twitter: @JWagnerFXTrader

Free Weekly Newsletter on Bitcoin and other major markets using Elliott Wave : https://www.subscribepage.com/waveschool_tv

Comments

Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out