I am expecting the DOW to be in a corrective ABC Structure. Currently the Index is an a B Wave to the Upside which should find its end between the 50-61.8% retracement from the previous Top. We could also go up all the way to the 76.4% that is of course possible. Should we go over the 76.4% Retracement in one strech then this Count could turn out to be false.

Visit my facebook group for more insights about the Markets:
facebook.com/groups/257554274956458/
DOWdowjonesElliott WaveelliotwaveanalysisretracementsTrend AnalysisUS30us30shortWave Analysis

Disclaimer