This is my Elliott wave idea about DJI. Now We are in sub-wave B (Green) of wave 4 (Red). Soon the sub-wave B (Green) will be complete and the sub-wave C(Green) will start.
If the assumption is correct, The sub-wave C (Green) will grow to the levels of 20,000-15,000. In this scenario, the stop loss level is 28,500.
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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.