The yellow b of the black B landed exactly on EMA200, from where we could now expect a potential yellow wave c - in a complex, triangular shape with waves 1-5 (or ae), which, if this view is correct, then turns into a deeper yellow d should lead. If 1.2815 is not left below, we could still see the wave e that closes the black B. If the price develops according to...
Dow Jones will really fall only when the green 5 of the white, higher-level, wave 5 has ended. So, there are still a few months left. In about 3 years it will be seen whether an SHS, bearish formation is formed or whether the red wave 3 will fall directly below 21k. In any case, prices would drop sharply. Possible even under 16k.