AriasWave

AW Dow Jones Analysis - Short Trade Opportunity...

Short
FX:US30   Dow Jones Industrial Average Index
I have been careful with assuming this count, there is just way too much pointing to a top in December.

More recently it appears as though Wave 2 just completed.

I expected a large zig-zag down so not sure how low it will go until we see Wave (A) completed so I will keep you updated on this.

Entry: 33,500

Stop: 34,507

Target: TBA

See other related short ideas linked down below.


Remember to use Disciplined Money Management Principles to ensure longevity as a trader.

If you don't know the long term pattern shouldn't you be doing your research instead of just following the crowd?

Just remember: I am not a financial adviser; I suggest using this only as a guide. Always do your own research.

***AriasWave is not the same as Elliott Wave so your counts may differ to mine if you happen to use it.***

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.