DJIA Sell Set-Up Through Wolfe-Wave

DJIA has completed it's Sell- Setup and broken it's 1-3 Trendline on 9th March 2017.
The 2-4 Wave forms a narrow pattern meets the 1-3 wave, further strengthening the sell structure.
According to the Sell-Setup, market can come down to 20200 levels in coming weeks. Traders can put a protective stoploss at 21200.

Trade stängt: målet nått:

DJIA made low at 20420.
Around 400 points profit.
Traders book profit at current levels, maintain Trailing SL 20600.

Trend is still on downside.