Down Jones Industrial - Corrective Primary Wave 4?

Updated
This will be one we will have to dig up a few years from now, but just messing around with a fib calc. for EWT I plugged in primary waves 1 and 2 and got back the three dashed lines as targets. We are suspiciously close to the wave 3 target. It's felt a bit wave three-ey lately...

Time will tell, but $26,000 to $6,000 would be pretty insane to see in our lifetime..


Note
Hit the yearly pivot and SMA approaching 6k, it could happen...
snapshot
Note
If we made some assumptions and confined to a channel, bottom by 2028 and top by 2039? snapshot
Note
Wait, Down Jones, that was an accidental pun
Trade closed: target reached
Wave 3 target hit.
DJIdowjonesElliott WaveFibonacci

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