DJI prob. in a "Extended V Bottom", where the following wave c (grey) equals wave a (grey), just to finish larger wave b (red). Target 1: for b (red)= 26060, Target 2: for b (red)=26840 (Flat-pattern) Keep in mind, that the daily volume, so far, does not follow the trend! There is yet another downswing to come...
Comment
⋅
Same pattern as SPX, btw...
Comment
⋅
IMPORTANT NOTE for the magenta ABC counts in wave a (grey): This could also be an impulse wave (most probably in NASDAQ)! BTW, the angle of the "extension" of the V Bottom equals 30 degrees...
Comment
⋅
Comment
⋅
Different counts on 1min scale: As described in my NASAQ idea, these counts would leed to a retest of the blue support-kine, without breaking the rules! Good luck!
Comment
⋅
Comment
⋅
Simply click on chart above
Comment
⋅
15min chart: Possible "Flat"-pattern. Last wave c (magenta) should have a impulse- pattern with 1-2-3-4-5 counts.