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!
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!
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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.