Geofftv1

DOW - Bulls Beware Monthly Update

TVC:DJI   Der Dow Jones Industrial Average Index
This is my updated idea from 2nd DEC. The DOW has thrown over the upper trendline and at the same time ATR has turned positive at the end of a triangle!
This may be an advance warning of a change in direction, large throwovers usually result in large corrections! Good Luck.
Kommentar: Hmmmmm, this is what i expected.
Huge drop! nice call Geoff.
Paul
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Crazy! ftse tomorrow?
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Geofftv1 Ta-Trade
@Ta-Trade, There may be a bounce back up before the next wave down.
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@Geofftv1, 860 pt up move in 20 mins! PPT at work!
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Geofftv1 Ta-Trade
@Ta-Trade, Yes, thisbis wave 4, wave 5 will take dow lower again.
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@Geofftv1, so shell we sell it or wait for move up
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