Geert2000

Geert2000

The DOW seems to respect the top trendline at this time. IF a 5 wave reverse is in play ---> wave 2 ended with a 88% reverse of wave 1. A break of 17105 can validate the 5 wave drop. However,there is a possibility DOW will make a new ATH that would invalidate the ABC pattern In that scenario we could have a 5 wave up move,a break up of 18012 will validate...

Geert2000

DOW Butterfly or crab

Geert2000

apple drop to 100 area even 80-70 is possible.

Geert2000

ATM a gap around 10500. Could drop to 10388 ( 1.61 x gap ) to finnish Wave A of a corrective ABC A bounce Wave B close the 10730 gap Overall a 9% drop from 11050 target around 10060 Wave C ( according the 1999 pattern)

Geert2000

Daily Chart Dax currently in a upward channel (Fork) Bottom fork will end wave 2 First target is the median line around 10350

Geert2000

Could bounce from 1070 up to 1120 Main Target 1040

Geert2000

Euro Ready for a small bounce. Long term target 1.04

Geert2000

Pitch Fork 2009 Short the green zone.

Geert2000

Compared 2000 pattern with 2015. Parabolic move down followed by another one.

Geert2000

Wave 5 could end at 11050 If 11050 breaks we could see a measured breakout from the channel Target 11280

Geert2000

dax possible gartley pattern

Geert2000

JPN225 Ready to drop

Geert2000

similarity on chart

Geert2000

Posted this chart 2 months ago and didnt looked at it untill yesterday I was surprised to see the + 17%.run from the low. Same path as 2008?? Just maybe coinsidence,?? The worst thing is,I DIDNT TRADE IT.

Geert2000

Dax in a downward channel Question now is,Will the upper white channel line hold or break. A Bullish case IF 11200 breaks out to the upside,and target 13500 A Bearish case IF 11200 holds and reverse to targets 8700-7700.

Geert2000

-1250pnts down again?

Geert2000

trendlines,realy dont know the importance of them.

Geert2000

Final Push