DJIA Futures Daily & Weekly Update

 There are two scenarios present on Weekly charts: BULLISH and BEARSIH.
On both level of 14258 is the Key Level.
Currently some sort of corrective pullback is expected: for bulls this
would be wave 4 in blue circle, for bears  wave 1 to the downside. One
of this scenarios is wrong and time and wave progression will tell which
one it is:

On Daily chart is preffered main BEARISH count.
Currently price is on Monthly Pivot point of 15088.33 pink dashed line.
Any break to the downside will expose previous wave four area @ 14998.

About the author

Sebastian Seliga

Aktywny trader, analityk, ekspert metod inwestycyjnych bazujących na teorii fal Elliott'a, geometrii Fibonacciego i nie tylko.

View all posts

Dodaj komentarz

Twój adres email nie zostanie opublikowany. Pola, których wypełnienie jest wymagane, są oznaczone symbolem *

This site uses Akismet to reduce spam. Learn how your comment data is processed.