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ILuminosity

Dow Jones (DJI) Linear Macro Outlook

Dow Jones Industrial Average Index (TVC:DJI)  
ILuminosity Updated   
TVC:DJI   Dow Jones Industrial Average Index
Trend Analysis Wave Analysis Technical Indicators DJI DOW dowjones dowjonesindustrial dowjonesindustrialaverageindex
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trendanalysis waveanalysis indicator dji dow dowjones dowjonesindustrial dowjonesindustrialaverageindex
Linear target: 44k
Impulse target: 48k
The stock market cycles are lengthening. Continued downside till EOM followed by a final melt-up rally that will bring the end of grand wave 5.
ETA H2 '22 - H1 '23.
Comment:
Top ETA pushed (lengthening cycles): H2 '23!
Comment:
Micro correction extension: ~200 Week / 50 Month EMA
Comment:
Lengthened time-frame once again, but the bull thesis is intact.

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