The Dow Jones Dump
The historic crash which Covid triggered in Feb/March has been recovered to a key fib level. We have been ranging for a while and with the current rise of infection and threat of a second wave, prices could plummet again in fear.
The stop has been placed in a strong supply zone above as caution.
If we are in Wave 3 of an Elliot Wave, then prices could go significantly lower
The stop has been placed in a strong supply zone above as caution.
If we are in Wave 3 of an Elliot Wave, then prices could go significantly lower
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