Wednesday, May 17, 2017

The DOW (YM) 5-17-2017


So it was said that based on Trump's drama, the markets moved accordingly.

Let's assume we had NO knowledge of Anything that transpired with the news.

Therefore, we work with only chart info ;)

DOW - (Crazy Fundamental influence right ? )



Let's Break-It-Down ...

With first Fibonacci's ,

Long Live Fibonacci ! ;)

1-2-3-4-5 .....
5 has been stronger, so let's see 
Retracement has begun ... but marking VWAP for touch-point before next major fall.
(Based on pic 1)


So ....

My current view is yet an upward loger-term move .. based ONLY .. on Fibonacci !




















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