INDEX:DOWI DOW Industrials
DOW has peaked out and the down move has started. Based on Analysis the has completed 5 moves after which a big correction is expected, giving the confirmation is the Candle stick signal patterns a as well as . Expect market to correct till 15500 as 1st Target and then beyond. Looking at it can correct till 14500 as . Going Short is the way to go with a ratio.
This is EXACTLY what I have also....I am glad that someone agrees. This is a HUGE expanded flat where we are just now completing the B wave and are starting the C wave down WAY past ~6400...over 2-3 years. What do you think about these long-term charts at trackthemarkets.com ? You will also see this a global event...the ASX200 and Footsie also are sporting Ending Diagonals.