Update on Dow Jones: expect correction lower

303
This is an update on this earlier forecast from 28-01-2017:
Forecast Dow Jones: Move up to 20250, then major move down


We have seen a retrace below the 19925 followed by a surge up to 20250 as predicted.
See snapshot below:

istantanea

It looks like the Dow Jones is topping.

Notice how (on balance) volume and price start to diverge. This is a clear sign of weakness.

The previous analysis is still valid: Expect a notable correction in the days ahead. First target is 19275.

Declinazione di responsabilità

Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.