Nawaf__Q8
Long

Update Dow for short term

CBOT_MINI:YM1!   E-mini Dow Jones ($5) Futures
I believe the rise from a major bottom is a correction wave ( ABC ). the price now in the last fifth wave of C or 1 of C. Both scenario indicate that the price should make new high and this is a good opportunity for the short-term trader. I am in since last week and my SL is the bottom of last week. There is another suggestion that wave 4 has not completed anf unfold as a complex correction but less likely.

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