DOW JONES - Tracking Minor Waves - Long Trade Idea
Updated
A break of the Wave D high in Green Wave 2 should signal an entry to go long at 30554.76
If the current level holds at 30411.90 then this would be your stop.
If a new low is made before the entry point just use that previous low as a stop.
Target: 32,000.
Given the expanded nature of Green Wave 2 and semi complex nature of Blue Wave 2 it can be assumed that we may be headed for a spike up\blow off top.
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If the current level holds at 30411.90 then this would be your stop.
If a new low is made before the entry point just use that previous low as a stop.
Target: 32,000.
Given the expanded nature of Green Wave 2 and semi complex nature of Blue Wave 2 it can be assumed that we may be headed for a spike up\blow off top.
Please LIKE and FOLLOW to get notification of updates and future posts.
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