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mikemo81

SuperCyle Degree Complete? $DJIA $DIA #elliottwaves

Dow Jones Industrial Average Index (TVC:DJI)  
mikemo81  
TVC:DJI   Dow Jones Industrial Average Index
Fibonacci Elliott Wave FI downtrend
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fibonacci elliottwaves fi downtrend
This is fascinating...The progress from before the 20th century may have topped. Not wanting to be doom-and-gloom, but notice DJIA has reached the resistance line AND the VERY significant fibonacci ratio of 1.618. This is the golden ratio of phi. If this is correct, the decades which follow may be painful.
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