How the stock market will execute a MAJOR 20% correction ahead.

DJ:DJI   Dow Jones Industrial Average Index
Gold charts ready to moon, JPY pairs had a healthy pullback and ready for another leg down.
Stock indices making bearish patterns.

Political tensions at ATH , Fed tightening interest rates and removing stimulus/ support for the stock market.
The stars have aligned. The stock market is ready for a HUGE correction.

Classic Elliot wave analysis.

Price has made a pullback to the downward parallel channel in a flag pattern , broke the flag to the downside and plunged.
If you zoom into the 4HR/1HR candles you can clearly count the sub waves. So I have no doubt the stock market will remain bearish in the short/medium term for the rest of 2018.

Good financial earning reports from companies in the coming week will provide a unsustainable pullback for a good short entry with short term target of 20000. which is a good 20% chunk!
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out