robus
Short

DOWJONES : Target Sub 16000. Welcome to World Recession

INDEX:INDU   DOW Industrials [Test]
168 2 3
We can see lot of pull back retracement after BREXIT Blues. Similarly DOW will see lot of structures to be added with some retracement on chart. let say around 17700 pullback and tank from there towards 16000 and 15500
I like it but before going down and so quick don't you think it gonna rise a little bit more and than falling?
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robus Annette
Oh of course, it may retrace, lets say 61.8%... around 17700 and again try neckline. As I said it may add lot of structure to chart before such downfall as Samaritans will try to catch and hold repetitively by infusing hot money. although fall is inevitable as macros has changed significantly. I am here just pointing general direction, in no way its easy ride to 16000 levels.
Thanks Annette.
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