Dow Jones Industrials B wave Top of an Expanded Flat?
If the market is close to ending a B wave of an expanded flat, then I would expect it to top around current levels, a strong/impulsive decline back under 21100 would be a good start, a small 5 wave decline would also help on a 15 min t/f The more bullish case (not shown) is the start of a strong 3rd wave breakout. This current labeling would be a nasty bull trap if its a B wave of an expanded flat pattern.
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