DOW Elliott Wave Analysis for Wednesday 17/01/2024
We made a new ATH in the DOW JONES so the bullish sequence in the higher time frame continues. We believe we are now working on a wave ((3)). Alternatively, the wave ((1)) might still be ongoing as a leading diagonal. In the lower time frame, it looks like we are moving corrective and that we have not started wave 5 yet. We could be close to complete another WXY structure.
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