wolfah

DJI (11c) Final pattern of a correction 4 ?

Long
wolfah Updated   
TVC:DJI   Dow Jones Industrial Average Index
3
Just to give you an update for the final counts. DJI retraced 17% of the last "Minor"-wave 3. (In very strong markets wave 4 does only retrace 14% of wave 3, normally it's 0.236 or 0.382.) DJI stopped right below wave "a" (magenta line), which is often the case. The bulls are back!
Comment:
"Minute"-wave c often retraces 0.618 of wave "a" (blue), which has been the case.
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