Hourly wave count indicate retracement before upside
Dow shows a complete sub-wave micro phase and currently, prices fails to close above 32,000 resistance indicate a possibility of further correction to 31,427 region before a rebound. However, the resistance zone highlighted in red is also a key. Should prices breaks above, then we will see a completion of wave (II) and prices will then forms the strong 3rd wave
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.
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.