Monday, January 23, 2017

Elliott Wave Analysis for #DOW JONES

Elliott Wave Analysis of Dow Jones:

Monthly Chart: 
Shows that Dow Jones moves in 4th CYCLE WAVE since 2000.
Since @ 1982-83 to 2000 …It’s moved in 3rd CYCLE WAVE about 17 Years.

So minimum time frame requirements about 4TH CYCLE is 17 years... In 2017 calendar year…since 2000 till today complete the 17 years. So it’s complete minimum requirements.

# DOW JONESWeekly charts:
Shows that Inside 4Th CYCLE wave...Current PRIMARY wave D upside of Expanding triangle is running. We nearer to complete wave D... Still wave E to come downside.
So be careful about to PRIMARY wave E…Might be huge fallout.
Inside PRIMARY wave D, Double complex pattern is running .In double complex wave pattern, intermediate wave A of second pattern is running…might triangle pattern also.So conclusion is that in coming 2-3 Years consolidation phase likely. Might see @ 2000 point UP down likely….

# DOW JONES
Also as per FINANCIAL VEDIC ASTROLOGY...Saturn is moving in Sagittarius sign..
As per Vedic astrology, SATURN is always creating a DEMAND for everything.
Where JUPITER is creating a SUPPLY... So Demand is moves into a supply zone. So in coming 2 -3 years world stock Market may remain in consolidation zone … 2000 point up down may possible during 2-3 years’ time-frame.