sverde1
Short

DOWI sell in May and forget about it?

INDEX:DOWI   DOW Industrials
60 1 2
Long term DOWI             channel from 1913. We're currently in megaphone pattern which means next move should be down into 5000 area. Correspondingly gold             will first fall into 800 area, then shoot up to reach 1-2 ratio between gold             and DOWI             .

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cfetrader
2 years ago
Nice chart. In my opinion the Elliott sequence is 1929 wave (I), 1932 wave (II), 2000 wave (III), 2020 (?) wave (IV) target 5000-6000 DOW and then rising wave (V).
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