DOW JONES INDUSTRAIL AVERAGE ( DJI ) Time Frame - H1
We have ELLIOT IMPULSIVE WAVE ( Bearish ) in Long Time Frame #LTF Completed " 123 " Wave and Forming " 4th " Impulsive wave will Reject from Fibonacci Level ( 50% - 61.80% ) BULLISH CHANNEL Pattern in Short Time Frame #STF need Rejection from the Upper Trend Line #UTL ELLIOT TRIPLE WAVE COMBO in Short Time Frame #STF and completed the " Y " Wave Sell After Rejection from the Demand Zone ( 31908 - 32176 )
Hi....so more upside to +/- 32k then back down to +/- 28k??? I see on your time frame that it could reach 28k by next week according to your chart....think that is still a possibility? I ask, because I believe that "they" will not let a drop/crash/fall (whatever one wants to call it) before mid-terms (will look BAAAAD for them people in power/control) and secondly we have the Santa/Christmas rally at this time, and in my experience it almost ALWAYS goes up NO MATTER WHAT.....why should it be any different now, Cheers, thanks for sharing.
ForexDetective
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@Laurent10 Hello Yes Exactly !! Before moving forward let me tell you first these are my Analysis / Idea / Opinion not the Signal Secondly i want to say that the Up's And Down's are the Part of Market Christmas and all that Powers issue i don't Agree on them I am 100% Sure about the Analysis These are the Factors to be Noted but i don't think they are Gonna Impact
I see on your time frame that it could reach 28k by next week according to your chart....think that is still a possibility?
I ask, because I believe that "they" will not let a drop/crash/fall (whatever one wants to call it) before mid-terms (will look BAAAAD for them people in power/control) and secondly we have the Santa/Christmas rally at this time, and in my experience it almost ALWAYS goes up NO MATTER WHAT.....why should it be any different now,
Cheers, thanks for sharing.