TVC:DJI   Dow Jones Industrial Average Index
1 and 2 in column indicate Fibonacci Retracement of wave 1-3. We could see the length of wave 5 almost exactly 0.618 of wave 1-3 (as rule).
From wave labeling, we noticed that the first wave correction has been completed. We indicate this as wave A correction of ABC pattern.

We are waiting for Wave B to complete it movement, thus we has clue in potentially predict the pattern commensurate. Thus, now DJI expected to rebound upward yet beware! It still in corrective wave.


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