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RE: DOW update 24.01.18
Yes indeed. I hope this is the case. Instead of the money going into bonds to go into Cryptos. This may make sense. Hedge funds wont put money in the bank, they will use the cash as margin to short the market. My cousin runs a multibillion tech hedge fund in New York and always trades long-short.
I hope this is the case and cryptos continue to strengthen.
Do your Elliot waves say another high in stocks or has the long lasting correction started in Stocks?
It says 30k is possible in wave 5. But if this correction turns out very deep, then wave 5 is already done. There is no way of knowing for sure
OK so don't know whether this was the top in the Dow or could go to 30k.