Dow Jones Industrial Average appears to be moving higher in a 'c' wave. Within the 'c' wave, we appear more than half way through the impulse. If the trend continues higher, the area near 27k may offer a reaction. Regardless, my view is that the next major move is likely to the downside.
Wave iv of 'c' or the wave 'b' low can offer a short entry on a break down. That way, if this analysis is incorrect and price continues higher without hesitating lower, then we can be saved from a losing trade.
Wave iv of 'c' or the wave 'b' low can offer a short entry on a break down. That way, if this analysis is incorrect and price continues higher without hesitating lower, then we can be saved from a losing trade.
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Test your Elliott Wave readiness.
Free assessment + bonus training videos customized to your score:
qwiz.seethewaves.com/ewreadiness/p/tv1
Free assessment + bonus training videos customized to your score:
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。