US30 has just broken the support line and is likely start a new downtrend as we have seen long-term consolidation above. the current price action is highly brearish.
This is the Dow Industrial Average - Weekly. (Price & Time) This is only a 2-D Time Slice of a high(er) dimensional wave analysis (see - attachment), with standard Price projection onto the Time axes. (Will add the rest as time allows.)
if the top of channel and resistance 28921 (October 13 resistance) are broken, we can enter the buy position with the target of 30959
Pullback to bottom of channel . I expect to down to end of Wave C