DOWI: Preferred Count 1 & 2. Wave 4 still in progress. Either
a flat or a sharp. I ruled out the triangle since triangles do not generally start with a 5-wave down.
Comment:
The DJI is lagging the QQQ and the SPX. The QQQ has embarked on wave 5 up while the SPX is 3 points from voiding this count. I expect the DJI to follow the QQQ upwards.
