bimalscave

DOW FUTURE ELLIOT FORECAST

Long
DJ:DJI   Dow Jones Industrial Average Index
DOW INDUSTRIAL HAS ALWAYS REMAINED AT THE VORTEX TO EXTRAPOLATE GLOBAL CUES AND IDENTIFY FUTURE INDEX MOVEMENT. SO IT IS FOR THEM...DOW LIKELY TO FORM A CUP AND A HANDLE PATTERN SOONER OR LATER,AND SUBSEQUENTLY BREAKOUT...IT IS INTERESTING TO NOTE...WHICH SIDE THE US PRESIDENTIAL ELECTION LIKELY TO INCLINE...PERSONALLY I FEEL THE AMERICAN MARKET LIKELY TO REMAIN BULLISH TILL NOVEMBER AND MR TRUMP WILL TURN THE TIDE OF ALL PRE-POLL PREDICTION...AND MAKE A WRITING ON THE WALL FOR SELF..STATEMENT IS COMPLETELY APOLITICAL...ITS JUST ELLIOT PREDICTION...AS THERE IS NOT MUCH CO-RELATION BETWEEN NIFTY AND DOW AS OF NOW, BUT CERTAINLY MUCH OR LESS THEIR WILL BE SOME POSITIVE IMPACT... TILL DAY BEFORE YESTERDAY I WAS STILL HOPEFUL FOR THE BEARS RESURRECTION BUT YESTERDAY MOVE OF DOW ALTHOUGH NOT SPECTACULAR BUT HAVE COMPLETELY OBVIATED AND COMPELLED FOR SUPER BULLISH MOVEMENT IN YEARS TO COME. NOW FORGET 6500, 7500 OR THAT MATTER 9000...WE MAY NOT SEE THIS PRICE AGAIN IN FUTURE
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.