CreeptoeJasper

How the stock market will execute a MAJOR 20% correction ahead.

بيع
DJ:DJI   مؤشر متوسط داو جونز الصناعي
Gold charts ready to moon, JPY pairs had a healthy pullback and ready for another leg down.
Stock indices making bearish patterns.

Political tensions at ATH, Fed tightening interest rates and removing stimulus/ support for the stock market.
The stars have aligned. The stock market is ready for a HUGE correction.

Classic Elliot wave analysis.

Price has made a pullback to the downward parallel channel in a flag pattern, broke the flag to the downside and plunged.
If you zoom into the 4HR/1HR candles you can clearly count the sub waves. So I have no doubt the stock market will remain bearish in the short/medium term for the rest of 2018.

Good financial earning reports from companies in the coming week will provide a unsustainable pullback for a good short entry with short term target of 20000. which is a good 20% chunk!
إخلاء المسؤولية

لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.