Tuesday 5 December 2017

Dow Jones Gann Angle Update

This kinda looks like an Eiffel Tower rally.
image1

Since Nov 2016, this has been BUY the rumor of the Trump tax plan, and maybe now its SELL the fact as the good news was very much over priced. Stock strategists know taking owner ship of a stock market rally is never a good idea, as what goes up 30% can come down 100%, Trump should never put his name on this rally as he will own it in the public eyes when it goes down. Does this make the Dow Jones political with the looming 2018 mid term elections? If it does it could be very interesting in 2018.

The price action is so fake, giant fast moves higher never happened before Nov 2016, so why now, is it the HFT's doing all the buying? Do they work just as good on the down side, maybe not. This forecast is a dead cert, 2018 will not see the CBOE VIX under 10 for the entire year.


Dow Jones Gann


Its on the table ...

Dow pattern




Original Post: http://ift.tt/2iXrASb

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