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Comments (3)

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alexfalet513
alexfalet513

Looks like the 50K ish target is a magnet for the DOW. Robert, on the Web app, if the DOW goes bellow 50K, it triggers a lower target at around 46K. Do you have the same with your Trading view projections ? Thanks, great analysis as always.

bobby4649
bobby4649

yes exactly the righ adjective. magnetic. if we did hit 50k in the DOW i would expect a big snapback rally there or wherever the trough is (or was). The first sign that the bigger trough being in will be in is price crossing the 5 and 10 day FLDs on a rebound

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