DJI - Likely to start a wave 3 upwards? To make a new high? Long
US Wall Street 30 indexVelocity Trade
Description
⋅ 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.