TradingView
WassimAzhari1
Jan 2, 2022 7:49 PM

Dow jones end of 5 wave Short

Dow Jones Industrial Average IndexTVC

Description



Text book count


wave 4 from 2018 til 2021 was an expanding triangle a rare pattern
Comments
Laurent10
Hi. People have been saying this sort of thing for months and months. Of course EVENTUALLY there's some sort os pullback, sell off, correction, but ultimately will only keep going up. Sure will drop 2/3/4 maybe 500pts but no MAJOR drop/crash etc - I hope I'm wrong. I think in my opinion, 30k is the lowest it will go before a major push back up. Thanks for sharing
WassimAzhari1
@Laurent10, IF joe bidens adminstration of 1.5 trillion bill goes through, then wave 5 will be extended and parobably bullish until 2024-2025. but a major crash will happen unfortunatly after that.

you can learn more from Ray Dalios new book the changing world order.
Laurent10
@WassimAzhari1, In all probability it will go through.....so markets will continue to go higher and only in 24/25 there will be a major crash, so we can continue to go long (buy) till then, with the odd drop here and there.
WassimAzhari1
@Laurent10, probably yes, but for example elon must thinks it will start in summer 2022 and no later than 2023
WassimAzhari1
@WassimAzhari1, check his twitter account posted 5 days ago
Laurent10
@WassimAzhari1, who really knows hey, who really knows.......like I said, after trading for 12 years and watching/reading things here on TV, most have been saying this (crash) for months and months, but NOBODY knows when, simple as that......Thanks Take care
WassimAzhari1
@Laurent10, same 8 years now full time. and i know i ve heard over and over again. but now its the first time billionaire hedge funds and CEO are talking about it.
Laurent10
@WassimAzhari1, I think sooner than later, not sure it can carry on going up like this till 22/23 2024....obviously I could be wrong, but I hope for a strong sell-off/pull back in the next 2/3 months - lets see.
WassimAzhari1
Yeah tbh now looking at other indices and stocks I see it even going higher for a long time, probably another 5 years!
More