Elliot Wave Theory, DOWI, Daily

Here i have drawn in a solid elliot wave series in black , the series suggest the the US Dow industrial has reached a height and is due for a corrective series. The analysts have many different opinons , but here is my expectation for the time to come.

It is my belief that the market will consolidate some more near the top of wave 5, most likely till September, when we will release interest rates , creating a lot of turmoil in the market, ultimately devaluing the dollar and the Dow experiencing about a 20% correction.

Thanks for viewing , please like and comment your opinions, always nice to talk about what is likely to happen with an opposing party, so love to hear from you.

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