DOW JONESI have put more focus on the current wave on ""DJIA"", wherein I see that wave 1 up is done and we are in wave 2 down. Makes me also believe that when I see the pattern/ structure of NIFTY, both DJIA and NIFTY have more or less IDENTICAL setups. Assuming this to be TRUE, I am personally of the opinion that the Markets are in a Tearing Hurry to achieve Higher Highs hereon. With Fed Chairman Powell having made it clear in no lesser terms, that the FED Does not care about what the markets want to do and that it is ONLY focused in bringing down Inflation No matter what. It is just a question of Time before the Markets realize this and go higher.
