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LARC
Jan 9, 2019 8:32 PM

DOW CORRECTION TARGET Short

Dow Jones Industrial Average IndexTVC

Description

Was doing a fib retracement of the wave three and hoping to find a confluence of resistance on this correction. Coulnd't find a confluence but we are in an a rising wedge with .618 and .786 within striking distance. Once we tag either of those, I expect the downtrend will continue.
Feel free to leave any comments or feedback.

Thanks.
Comments
LARC
Looks like I missed the initial target zone and it's hovering around the .786/200 day moving average. Should move down from here By Monday.
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