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Dow Jones Industrial Average Index
Nov 5, 2020
DOW JONES - BIRDS EYE VIEW - 5 Wave Since 2009 Just About Done.
4
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Similar to my just posted NASDAQ Birds Eye View idea linked below. (Related Ideas)
This is also an ending diagonal based one an idea I posted a little while back I will also link below.
After extensive research using the AriasWave methodology I have found these waves in both markets.
This will lead to investigation of other indices in the future.
Same deal, ending diagonal Wave (C) with each wave advancing in 3 waves, this allows for overlap of waves with no rules broken.
The reason for a bit more of a pullback in Wave (B) of
Wave v
is because the target for the DOW is 30,500 and given the length of Wave (A).
This is also in line with an ending diagonal Wave E within that Wave (B).
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