Dow Jones (DJI) Linear Macro Outlook
Updated
Linear target: 44k
Impulse target: 48k
The stock market cycles are lengthening. Continued downside till EOM followed by a final melt-up rally that will bring the end of grand wave 5.
ETA H2 '22 - H1 '23.
Impulse target: 48k
The stock market cycles are lengthening. Continued downside till EOM followed by a final melt-up rally that will bring the end of grand wave 5.
ETA H2 '22 - H1 '23.
Note
Top ETA pushed (lengthening cycles): H2 '23!Note
Micro correction extension: ~200 Week / 50 Month EMANote
Lengthened time-frame once again, but the bull thesis is intact.Note
Linear Top Achieved & impulsive extension in progress as part of the melt-up rally! Time frames are discounted due to lengthening cycles!Trade closed: target reached
Momentum and trend suggest more upside to the extension target but risk mitigation is recommended.
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