AW Dow Jones Analysis - Path Toward the Next Bull Market...
This is the follow up chart from the video I posted earlier (linked below).
In my view we need to see another leg up and down before the next major bull market begins.
All my analysis helps me understand why markets are producing the moves they are making.
During these 2 moves I expect the Euro and Cryptos to still be correcting.
Once this Wave (B) since 2018 ends, that's when I expect things to take off.
I like posting these types of ideas so that we are clear on my biases that I create using the AriasWave methodology.
You may be inclined to think that if the Dow Jones moves up now that cryptos should also follow.
It wouldn't be the first time this happened, in October 2018 the Dow Jones finally peaked whilst most cryptos were down.
Just follow the waves, price action is the best indicator.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
In my view we need to see another leg up and down before the next major bull market begins.
All my analysis helps me understand why markets are producing the moves they are making.
During these 2 moves I expect the Euro and Cryptos to still be correcting.
Once this Wave (B) since 2018 ends, that's when I expect things to take off.
I like posting these types of ideas so that we are clear on my biases that I create using the AriasWave methodology.
You may be inclined to think that if the Dow Jones moves up now that cryptos should also follow.
It wouldn't be the first time this happened, in October 2018 the Dow Jones finally peaked whilst most cryptos were down.
Just follow the waves, price action is the best indicator.
Remember to use Disciplined Money Management Principles to ensure longevity as a trader.
If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?
Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.
***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***
