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Geofftv1
Feb 15, 2019 4:05 PM

DJI - Very close to decision point. Short

Dow Jones Industrial Average IndexTVC

Description

Last weekend I suggested that the DOW DJI was getting close to a decision point, this week with the DJI powering ahead again
I believe the decision point is very close.

25827 closes an open gap and is also the .786 correction from the ATH. In addition wave C blue in the correction is .618 wave A blue
at this level.

Momentum is still diverging and my EW belief is that DJI is completing wave 2 black of a leading diagonal. If correct wave 3 once
underway will take DJI below the previous low in the next month or so.

Good Luck
Comments
NeverNO
Hi, do you have an alternative to this count?
The_Unwind
Excellent work.
Thank you.
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