Dowjonesshort
DOW JONES - Tracking Minor Waves - Wave E In ProgressIf you have been following this latest move then you will understand what is going on here.
Overall we just need to complete the purple E Wave of the (B) Wave before we move higher in the larger Red D Wave til its completion.
Now: Speaking of the Blue Wave 2 within this E Wave I can see A, B and C done.
Wave D appears to have a complex (B) wave so there will still be a few more waves before further downside.
Only AriasWave can drill down to this level.
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DOW JONES - Wave Revision - Wave E In ProgressVery messy corrective price action has made this D wave difficult to identify as complete.
We could finally be seeing that E Wave from previous ideas.
Looking for a break of the lows to confirm.
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DOW JONES - Tracking Minor Waves - Tricky Wave D of D Looks DoneFinally it looks as if Wave E is in progress.
In this video I give you my interpretation of what is happening.
Corrective waves are tricky, I am expecting this to go lower from here.
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DOW JONES - Wave Revision - Expanding Leading DiagonalI have adjusted the wave count here. The waves fit the rules and guidelines of an expanding leading diagonal.
Each wave is longer than the previous. 3 is longer than 1 and 5 is longer than 3.
According to AriasWave there is no such thing as a triple zig zag plus we have also seen waves 1 and 2 before the diagonal.
Leading diagonals usually have deep retracements and we have seen it hit .886.
A break of 28,055 would invalidate this idea.
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DOW JONES - Tracking Minor Waves - Leading Diagonal In ProgressIn this video I once again analyze each wave to anticipate the next move coming this week.
We could be seeing what is the beginning of a large decline.
These are historic times, don't miss out on the action.
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DOW JONES - Tracking Minor Waves - Wave E Retesting 200 MAJust a follow up chart to my previous video linked below.
The E Wave is retesting a "decisive" break of the 200 period moving average on the hourly chart.
E Waves very commonly do this before continuing in the direction of the "decisive" break.
DECISIVE being the keyword here.
A break of the magenta line at the Start of the E wave will confirm Green Wave 3 is in progress.
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DOW JONES - Tracking Minor Waves - Green Wave 2 Almost DoneIn this video I the discuss the current E Wave price action and what to expect.
I am not expecting this move down to be a larger ending diagonal, just a straight 5 waves down.
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DOW JONES - Potential Short Setup - Use As EvidenceThe waves are pretty tricky in this current move.
If we are to expect an E Wave down this could be the potential setup.
Use this as evidence to support your own strategy if possible.
Using my logic I would say that expecting an E Wave to go lower makes a lot of sense.
Let's see how this plays out.
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DOW JONES - How Did I Get Into This Trade?OK I said rare before before I figure why not do a 2 for 1 special?
All jokes aside this is a serious move coming so let's talk about it.
Check out THE ULTIMATE DOW JONES ANALYSIS VIDEO II below if you haven't.
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DJI Showing Me The Money. Tipping Point?Day 3 of holding a big boy short on the dow and everything is going as planned.
Ema dots, custom rsi, custom candles all red shifting trend.
If this is wave 5 I think we should be in for a good size selloff.
This is a daily chart. Would love to see this close red.
How are your trades going?