DOW update 06.04.18

in #dow8 years ago

Is this the start of green wave 5? I think so, yes. And if I am correct about this, the DOW will see new alltime-highs soon.

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In my last post I told you that a bullish butterfly pattern at the bottom of a downtrend is often the first indication of a trend change. I called this before the 1200P in 48h rally started...

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Dow premarket is down pretty substantially today. But I guess that doesn’t impact your EW count. It could see a big reversal swing too. Crazy times.

Waow nices [posts]

thanks for sharing about a posts

That's actually pretty easy call. ;-)

Central bankers and governments around the world are scared of another financial stress and they will do anything in their power to keep game going as long as possible.

Which means print and pump higher. Until one day everything breaks. But we are not there yet. Hence new highs are coming.

2019 may be different though...

Could 5 of c actually be 3 of c and one more lower low to come?

Yes that is possible.