My uneducated opinion on the DOW, but just for fun ill make a guess.
Appears to be putting in a 5-3-5 A-B-C correction, which we currently are in the C portion. This means a total of 5 down waves will happen in C before she is done. Currently in wave 3 of 5, waiting to break 200 day SMA which should complete wave 3.
Appears to be putting in a 5-3-5 A-B-C correction, which we currently are in the C portion. This means a total of 5 down waves will happen in C before she is done. Currently in wave 3 of 5, waiting to break 200 day SMA which should complete wave 3.
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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.