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DJI - Likely to start a wave 3 upwards? To make a new high?
U
Dow Jones Industrial Average Index
Long
DJI - Likely to start a wave 3 upwards? To make a new high?
By hellrider8083
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Oct 2, 2023
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Oct 2, 2023
DJI has formed three sub-fractal i,ii, i,ii, i,ii since the impulse upwards since the Oct 22 bottom.
It should eventually materialize in a wave iii upwards i.e. 3 sub-fractals of iii,iv, iii,iv, iii,iv.
In all possibility the recent wave ii is complete in a five wave C downwards. Today's price action at NYSE opening would be crucial.
Chart Patterns
djianalysis
dowjones
dowjonesindustrial
Wave Analysis
hellrider8083
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