as I see it, the Dow Jones Index is currently in an underlying A-B-C correction before the final 1-2-3-4-5 impulsive wave starts to complete the overlying V of the cycle.
What does that mean?
It means that I am currently waiting for the A-B-C to finish before I go long, speculating on new highs. There are still a good few thousand points to grab direction north and I surely don't want to miss it.
I will keep posting updates on this idea, including when I open a trade and close it. If you like this setup I would be very happy if you give me a like or even better follow me.
Thank you and good luck.