#DOWJONES INDUSTRIAL AVARAGE INDEX ELLIOT WAVE ANALYSIS
Of late DOW30 has been making higher high and higher low structure. Now with this backdrop Dow30 can make one more upswing as per the Elliot wave analysis after the correction sequence ends...as shown in the chart
Plan A:
one can try to go long with confirmation in support zone(30421-29946)...if correction sequence continues till support zone as indicated...
Plan B:
If Dow30 halts before reaching support zone BEGINNERS(LESS EXPERIENCED) can wait till "wave x" gets broken to go long. Experienced traders can encash by entering @ the bottom... by keeping invalidation point as ''SL- 29653"
Plan A:
one can try to go long with confirmation in support zone(30421-29946)...if correction sequence continues till support zone as indicated...
Plan B:
If Dow30 halts before reaching support zone BEGINNERS(LESS EXPERIENCED) can wait till "wave x" gets broken to go long. Experienced traders can encash by entering @ the bottom... by keeping invalidation point as ''SL- 29653"
