DJI (12) Targets for 1st wave

TVC:DJI   Dow Jones Industrial Average Index
65 0
The first wave tends to stop at the base of "Minute"-wave b (blue). This often coincides with a 38.2% (Target 1, slightly above "Minuette"-wave 4) or a 61.8% (Target 2) retracement of the previous correction or something between these targets (Upper trendline perhaps?). Target 2 is very optimistic.

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