DOW JONES - Wave Revision - Ending Diagonal E Wave In Progress
Due to a lack of a move down in the market it has narrowed down the possibilities.
It appears as though we are still within a Wave D with an expanded (B) Wave.
The latest move appears to be an ending diagonal so I expect more choppiness until the E Wave completes.
Once Wave (B) completes we should head into Wave (C) before a top occurs.
Care needs to be taken at this stage due to the buying climax that will occur.
I don't expect this move to go above Wave ii of Wave E or 29,000.
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It appears as though we are still within a Wave D with an expanded (B) Wave.
The latest move appears to be an ending diagonal so I expect more choppiness until the E Wave completes.
Once Wave (B) completes we should head into Wave (C) before a top occurs.
Care needs to be taken at this stage due to the buying climax that will occur.
I don't expect this move to go above Wave ii of Wave E or 29,000.
Please LIKE and FOLLOW to get notification of updates and future posts.
Nota
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.