DJIA Blow Off Top

186
In my last post I noted possible Nasdaq resistance at the .786 retracement level and a declining trend-line.
The Nasdaq moved beyond both implying more upside in the near term.

The DJIA has the clearest wave count and appears to be near completion of a Elliott wave Ending Diagonal from the August 24, 2015 bottom.

A Fibonacci 89 calendar days after the 8/15/16 top targets 11/12/16 a Saturday.
Monday 11/14/16 is a full moon, based on these to factors 11/11/16 is a possible turn date
and perhaps a significant top.

Mark

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.