These two are my scenarios for Dow Jones Industrial.
They are both bullish.
I think that the correction has ended and we are not going to see a new low.
So cycle wave 2, that followed cycle wave 1 that started at 2009 has probably ended.
The only difference between the two scenarios is the zone that primary wave 3 of cycle wave 3 will end, as shown on chart.
For now, we will probably move down around 22.500 to finish primary wave 2 and then climb up again for primary wave 3 in one of the two zones on chart.
Primary wave 5 of cycle wave 3 will end inside the zone 60.000-70.000 for both scenarios.
Risk disclaimer
This prediction is based on my personal opinion and this article does not suggest you to make any trades. I am not responsible for any future losses using the information above.
They are both bullish.
I think that the correction has ended and we are not going to see a new low.
So cycle wave 2, that followed cycle wave 1 that started at 2009 has probably ended.
The only difference between the two scenarios is the zone that primary wave 3 of cycle wave 3 will end, as shown on chart.
For now, we will probably move down around 22.500 to finish primary wave 2 and then climb up again for primary wave 3 in one of the two zones on chart.
Primary wave 5 of cycle wave 3 will end inside the zone 60.000-70.000 for both scenarios.
Risk disclaimer
This prediction is based on my personal opinion and this article does not suggest you to make any trades. I am not responsible for any future losses using the information above.