DOW JONESI am putting forward for your understanding of the ""DJIA". Wave counts marked AB4, are Bullish Counts wherein 4 represents a WAVE 4 Bottom. Marked WXYX ( to be followed by Z has not been marked yet), these show Extremely Bearish Counts. The circle marked in RED represents the Current wave and here is my PERSONEL opinion . We are into 1/5, wherein, within this 1, we have either completed wave 1 up and 2 down is going on, OR, we have Merely completed minor 3 of 1, friday down was the 4 of 1 down and a 5 of 1 up is pending to TOP OUT LARGER wave 1/5. Thereafter wave 2 down will come into play and then the sweetest 3 of 5, 4 of 5 and finally 5 of 5 TOP
US30 trade ideas
DOW CHART CHART LEVELas we can see weekly chart here....from covid level its fall fall hugh...after couple months its break out pre-covid level & made H&S pattern at top and as broken down that H&S it fall exact same level 11% as per H&S theory and took support of pre covid level....now again came to retest level and made evening star pattern in weekly chart, it might come to 29557 level and if this level broken then we can see another blood bath n market same like covid, might be inflation issue come to on way to fall or china-taiwan war & still russia-ukrain war has not stopped yet....best of luck
US30 loss in London sessiontook a minor loss in US30 in london session, as went short once the 1H candle closed below the support
Dow Jones Can come down to 32000-31800 Dow Jones Can come down to 32000-31800
buy @ B point of Harmonic for upsite targets of 33000-33500+
anybody interested for scalpingthis opportunity is found in 3 min charts please adjust accordingly (better view ) quick in out only.
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