AlbCM

Dow small correction on its way to above 25K

AlbCM Updated   
TVC:DJI   Dow Jones Industrial Average Index
The Dow is ready for a small correction till mid-Dec/end of year. Then either 25K or 28K by June '18.
Trade active:
The Dow breaks above 24K. The second scenario 28K by June is in play.
Trade active:
small correction from here till the end of the year.
Trade active:
5% correction from today. 28K by June.
Trade active:
almost hit the upper blue line. 5%+ correction till March.
Comment:
upper channel (blue line) hit to perfection.
Trade active:
Down 4.2% already from 26616. More to come.
Trade active:
Down 10% from highs 26616. Choppy trading till March.
Comment:
now the Dow is out of the woods. The path towards 28K is clear.
Trade active:
the worst is over. The final peak could extend up till Aug 8.
Trade closed manually:
Autumn correction is due. Won't go to 28K this year.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.