Dow Jones: 12345abc set-up?

Hi Everyone,

Just to share an idea on the Dow Jones.

My expectations is for it to complete a 5 wave pattern at around 31.1-31.3 resistance zone (and 50-61% of Wave 1-3), before an ABC correction occurs.

I've drawn on the chart the pattern I think will happen, though the timing may be slightly longer/shorter.

I hope it helps and good luck!

FibonacciSupport and ResistanceUS30Wave Analysis

Disclaimer