Dow Jones - Complex Correction Sequence Complete - SELL

25 set 2019

DIA remains a STRONG SELL

Analysis Method: Fibonacci & Wave Theory

See related idea for past analysis.

A complex correction has completed. The largest 30 companies are facing serious headwinds. I will keep this idea updated with relevant information.



Here is a brief...

GE - Massive Liabilities

Apple - Massive Privacy Concern/Social Concerns

BA - Embroiled in China/737 MAX

CAT - Tariff/Slowing Global Growth

KO - CEO shake-up

DOW - CEO Shake-up

IBM - CFO Shake-up

Intel - CEO Shake up

JNJ - Mislead Consumer about product saftey

JPM - Blockchain

Merck - CEO Shake-up

Microsoft - Blockchain/Privacy

Nike - CEO Shake up

Pfizer - CEO Shake up

Travelers - Blockchain

Visa - CEO Shake up

Wal-Mart - Earnings?

Disney - Iger? Earnings?

;)

Will update.

Cheers.

26 set 2019

Nota

Super Cycle Count

26 set 2019

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ZOOM IN:

26 set 2019

Nota

As you can clearly see, Price-Action is adhering to the Fibonacci Spiral/Sequence

26 set 2019

Nota

1 Hour Wave Count:

5 mar 2020

Nota

snipboard.io/7Gc8K5.jpg

5 mar 2020

Trade chiuso: obiettivo raggiunto