DJIA

Here is my wave count of Dow Jones Industrial.

Wave 3 Supercycle
Wave 3 Cycle
Wave 3 Primary
Wave 5 Major
Likely termination seems near 19425 unless it extends.

Monthly Chart


2 comments:

Unknown said...

Whoa!! So only noise. No real breakdown!?

StockTechy said...

If we check the internals of wave 5 it clearly has abc pattern so far so it may well be a parrellel channel or n ED. Its not an impulse.