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DOW JONES: A leading diagonal

Short
Dow Jones Industrial Average Index (TVC:DJI)  
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TVC:DJI   Dow Jones Industrial Average Index
Trend Analysis Wave Analysis Elliott Wave DJI djianalysis dowjones downtrend Leading Diagonal ellitottwave stockmarketanalysis usmarkets
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trendanalysis waveanalysis elliottwaves dji djianalysis dowjones downtrend leadingdiagonal ellitottwave stockmarketanalysis usmarkets
Index is unfolding as a leading diagonal of which 4th wave is already concluded and right now we are into the last stages to complete the 5th wave of this leading diagonal which will bring the index below the level of 30635 in the near term. Traders should remain short for the minimum target region of 30600-30000 in the coming weeks with stop loss of 32600.
Manish Bhardwaj (CMT L-1)
Analyst & Co-Founder
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