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Will_Wong

DOWI: Cautiously Bullish. Closed above the trend resistance

Long
Dow Jones Industrial Average Index (DJ:DJI)  
Will_Wong Updated   
DJ:DJI   Dow Jones Industrial Average Index
Wave Analysis
9
2
waveanalysis
Need to print a few higher highs and higher lows as shown as the subwaves of wave 3.
Comment:
Comment:
Filled gap and printed hammer.

snapshot
Comment:
DOWI reaching last line of support. If it goes below 24792, count is invalidated.

snapshot
Comment:
Daily Chart:

snapshot
Comment:
Wave 4 still in progress. This is the most bullish case I can think of. A 4 flat or sharp is still a possibility.

snapshot

Related Ideas

Will_Wong
DOWI: Preferred Count 1 & 2. Wave 4 still in progress. Either
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