dowjones has cut the upper channel from the downtrend correction condition and is now forming 5 small correction waves to get ready to form wave C. We can also see there is a morning star canddlestick and divergence on the stochastic. This is a signal for an uptrend (for a moment).
Chart PatternschartpatterntradingdjiaelliotwaveanalysisTrend AnalysisWave Analysis

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