Dow Jones: Next Chance Ahead? 🌟

Feb 16, 2021

The Dow Jones remains consistent and continues to push for new heights. Also in the mid and long-term, we believe the index to further increase and perform well. Hence, we thought it would be useful to identify an imminent potential entry point. We expect the Dow Jones to finish its third wave at slightly above 31700 points, which is then followed by a smaller correction. Then a bullish wave 5 should peak at slightly below 31900 points. After that we expect a larger correction to set in and pull the curve down between 31103 and 30875 points. Here, we see a nice chance for long positions.

Let’s see what happens!