Dow H6 chart
Updated
Hello every one
As we all expected, Dow starts a bullish trend from the first day of the week but we do not know if last week correction finished and what I have counted is correct or it is just wave b intermediate of ABC of wave 2 Primary.
Note : There is another scenario that say we are in huge recession and what is happening is internal wave of an ABC cycle (or super-cycle) of a big bearish correction. ( But I do not believe in it).
I am sure will face a dark recession in the market but it is nor for now.
The worst problem for every trader is living a doubt and hesitation but we should learn it.
Time will show us.
Thanks
As we all expected, Dow starts a bullish trend from the first day of the week but we do not know if last week correction finished and what I have counted is correct or it is just wave b intermediate of ABC of wave 2 Primary.
Note : There is another scenario that say we are in huge recession and what is happening is internal wave of an ABC cycle (or super-cycle) of a big bearish correction. ( But I do not believe in it).
I am sure will face a dark recession in the market but it is nor for now.
The worst problem for every trader is living a doubt and hesitation but we should learn it.
Time will show us.
Thanks
Note
It might be wave 2 but also can be wave B and time can show us what is true.Note
It seems that our second scenario is more probable and Dow will corrects deeper levels (Red counting).Trend is bullish in my opinion yet.
Note
Dive to retrace deeper correction is valid yet in my opinion.Note
everything depends on the pattern that DOW is making from now.Note
as I mentioned it depend on the power of the rally. It went up weak, so it dropped.
AMA
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