dipak

Dow Heading for the Final wave up 37K or Lower?

Long
dipak Updated   
DJ:DJI   Dow Jones Industrial Average Index
There is a good chance 5th Wave will complete in August 2021

Comment:
150 Months cycle in play
1929 top to 1942 Bottom 151 Months
1994 Bottom to 2007 Top 151 Months
1974 Bottom to 1987 Top 152 Months

1987 Low to 2000 high was 150 Months
1998 Low to 2000 High was 17 Months

2009 Low to 2021 17 Months = August 2021
2020 Low to 2021 17 Months = August 2021

Most it took from bottom to top was 152 Months. Either top come now or By October. even if you are 2 Months early Drop will bigger.
Comment:
Comment:
So far Looks like all 5 waves are not Complete on Dow
3rd of September is an anniversary of 1929 Crash so should see 36K or under to finish all waves.
last year 3rd of September was short term Top. September top works Better then August top
Comment:
Top is in once When NYSE McClellan Summation Index goes under Zero. Market will enter Bearmarket for sure. then all bounce should be sold until it goes in oversold territory.
will take around 33/34 months to reach bottom also we will see 1 huge bounce that will take time to resolve to downside
use the link
bit.ly/3mg0dAX
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