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Dow Jones - A near term top or new rally?

This is a monthly candle chart. Applied Fibonacci levels to 2008 highs and 2009 lows. Dow Jones index tested a crucial Fibonacci level of 2.618 at 26500 in January and failed, looks like its going for a retest now. Observe the RSI divergence below Will it succeed? Depends on lot of Global factors and US elections...

Parjun Parjun SPX, 30, Long ,
44 2 2
SPX, 30 Long
s&p 500 Long

One can go long in the spx at cmo of 2337 for an intraday target of 2349 and beyond. I am expecting the spx to go back and make new life time highs from here on.

InsiderB InsiderB XAUUSD, D, Long ,
359 7 10
Gold : More of Chakravuyh than Arjuna's Arrow !

Our long pending analysis and the most sought analysis is Gold. True, people are worried at uncertain times and economic scenario's around them, so they want to analyse whether Gold will be safe security for part of their investments. Before we go into analyzing the Xauusd, Be clear about the fact we are building a case with our analysis like Chakravuya ...

NeeravYadav NeeravYadav SPX, W, Short ,
30 0 1
SPX, W Short
S&P 500 Alternate count (Downside view) September onwards

Previously I was considering only a bullish count in which the Wave 4 was completed but here I have analyzed an alternate count in which I have discussed the downside possibility. Which count will play out will soon become clear but if the downside plays out then we can see targets around the 1800 mark. To be more precise the expected targets are - Target 1 : ...

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