Outlook for DJI on the 4h chart.
There have been no changes since the last update.
It looks like the waves of the lower degree are forming an Expanding Diagonal pattern.
If this scenario is correct, we are probably in sub-wave c of wave 5, and the final wave 5 within sub-wave c has started.
At the same time the final wave 5 completes, the upper-degree wave (b) will complete.
The next phase is the upper-degree wave (c). It will probably crash.
Last time, my idea:
Sep 15, 2024. Short-term analysis.
Sep 2, 2024. Middle-term analysis.
There have been no changes since the last update.
It looks like the waves of the lower degree are forming an Expanding Diagonal pattern.
If this scenario is correct, we are probably in sub-wave c of wave 5, and the final wave 5 within sub-wave c has started.
At the same time the final wave 5 completes, the upper-degree wave (b) will complete.
The next phase is the upper-degree wave (c). It will probably crash.
Last time, my idea:
Sep 15, 2024. Short-term analysis.
Sep 2, 2024. Middle-term analysis.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.