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Niftydirection
Apr 18, 2024 6:21 PM

Dow Jones its jus Retest of 1 year old breakout point Long

Dow Jones Industrial Average IndexTVC

Description

The B leg that went deep 95+% of A then failed tells us its flat correction.
After doing year long correction breakout in Dow was seen in Dec 2023
Good Chance is to have sharper up move once retest is completed.
Internal wave count may not be accurate and best if ignore, focus more on support area near breakout point.

Let me know your thoughts below
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