DJI- A little correction would mark the end of Wave C
The main scenery suggests that the low at 23,344.32 (by a possible truncated v wave), has reached the end of the Wave (c) down. Then the bottom formed there should be the restarting of the Bull trend searching for the TARGET SHELL of 27,712 first, and 28,875.00 later. These are the Purple Boxes that have a Technical Probability of 67% up now. (*)
In the other hand the maximum at 24,858.97 might possibly trigger a short pull back that would get the prices down looking for the bottom area at 23,344.32.This is the alternative scenery (Red arrow). This scenery has a Technical Probability of 50% up now. (*)
An acceleration of this scenery (by breaking down the bottom of 23,344.32) would reach the TARGET SHELL of 22,079.00, discarding the Bull hypothesis and opening the gates to a larger wave (iii) down.
(*) Technical Probability: Is calculated counting on the intrinsic stats value of each Trading Setup + the matching of a six sigma filtered indicator on an error interval, tested on significative sample for infinite 0.08% populations.
In the other hand the maximum at 24,858.97 might possibly trigger a short pull back that would get the prices down looking for the bottom area at 23,344.32.This is the alternative scenery (Red arrow). This scenery has a Technical Probability of 50% up now. (*)
An acceleration of this scenery (by breaking down the bottom of 23,344.32) would reach the TARGET SHELL of 22,079.00, discarding the Bull hypothesis and opening the gates to a larger wave (iii) down.
(*) Technical Probability: Is calculated counting on the intrinsic stats value of each Trading Setup + the matching of a six sigma filtered indicator on an error interval, tested on significative sample for infinite 0.08% populations.