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THE MOTHER OF ALL BULL MARKETS DOW JONES IS IN DANGER


Analysis:  We will just go a little backwards when George w Bush was to exit, prior to that a rounding top pattern was developed in 2008, when the Dow Jones had first time closed below 10 months moving average after approximately two year and every bounces were sold,  impact of this was happened that slowly the slope of that average had turned negative and smart money was doing a distribution. Top was made around 14279.96, from where it completed the down move all the way up to 6440.08, where we got 300 months Average supports i.e.(6440.08). Now after  seven years similar pattern is visible, and last year in May 2015 we saw high of 18351.36, and we have seen a series of lower tops and lower bottoms on monthly charts. Again the 10 month average has sloped negative and Index is already trading below that (17100), we have also seen a pattern of Elliot coming in place (i.e. ABC Pattern which generally comes in place after compilation of five wave), which gives a Target of 12000 to 10850 once market closes below 15250 on monthly basis.

However would we be able to sell at that juncture(15250)?, Many would not, so we are following the slop of 10 months average to exit/to sell  which sloping negative and we will respect it.  Depending on the gravity of the fall, also we have 300 Months Average rising with a value of 9750.



President Exit Chart Pattern



President Exit Chart Pattern



















More detail analysis please follow below mentioned links:

http://ntdtrading.in/research-desc.php?pageid=670
http://ntdtrading.in/research-desc.php?pageid=671
http://ntdtrading.in/research-desc.php?pageid=672
http://ntdtrading.in/research-desc.php?pageid=673


{10 MAR,2016}


(Detail analysis by Charan More, Deepak Bhoj ,Avinash Karle, Sandeep Dedhia, Nilesh Dedhia and Team NTD )

Disclaimer:All information given here is largely based on technical analysis which is highly dynamic in nature and relevant only at a particular point of time. Users are advised to pursue these recommendations only at their own risk and first consult their personal investment advisor when making investment decisions. We are not liable and we take no responsibility for any loss that you incure by trading/investing on our recommendations. these study are posted for educational purpose only.

























Disclaimer:All information given here is largely based on technical analysis which is highly dynamic in nature and relevant only at a particular point of time. Users are advised to pursue these recommendations only at their own risk and first consult their personal investment advisor when making investment decisions. We are not liable and we take no responsibility for any loss that you incure by trading/investing on our recommendations. these study are posted for educational purpose only.

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