EWA-tokyo

DJI, Elliott wave analysis

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FOREXCOM:US30   道瓊工業平均指數
■Outlook of DJI on 1-Day chart.
Wave(ⅲ) and sub-waveⅴwere completed and wave (ⅳ) shown as purple-line is starting.
Sub-waves of the wave ⅳ will be probably zigzag.

If the assumption is correct,
the target of the wave (iv) is as follows.
1. end of sub-wave iv shown as orange-line, 33,029.
2. 38.2% Fibo level of wave (ⅲ), 32,347.
3. Acceleration channel touch.
In this scenario, the stop loss level is 36,955.

■Last time idea, 1D, Jan 16.

■Dec 25 idea.

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