DOW.
On weekly basis, there's possibility for 20600, even this point will not be reached next weeks, DOW will enter in monthly consolidation between 20600 - 18600,in my opinion. It can't fall immediately, if there's some Trump's offshoot is other thing, currently the market is still optimistic.
But another important point in a possible offshoot of Trump, (the market voted too much confidence) in the first offshoot will have a major drop in confidence, therefore quick and deep correction.
In my opinion below 20000, next supports are 19500, 19220, 19040. Below 19000, 18600. I'm not ready with charts for waves, but tomorrow will update my opinion.
On weekly basis, there's possibility for 20600, even this point will not be reached next weeks, DOW will enter in monthly consolidation between 20600 - 18600,in my opinion. It can't fall immediately, if there's some Trump's offshoot is other thing, currently the market is still optimistic.
But another important point in a possible offshoot of Trump, (the market voted too much confidence) in the first offshoot will have a major drop in confidence, therefore quick and deep correction.
In my opinion below 20000, next supports are 19500, 19220, 19040. Below 19000, 18600. I'm not ready with charts for waves, but tomorrow will update my opinion.