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Dow jones Elliott wave analysis, 1 hour

Long
TVC:DJI   Dow Jones Industrial Average Index
Dow jones is making an impulse in 1 hour timeframe.

Wave 1 is 5 wave move, wave 2 is a deep correction and after 1.382 extension of wave 3 to the relation of wave 1, wave 4 is making a barrier triangle.

Wave 5 is pending which can be equal to wave 1.


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