DJ:DJI   Dow Jones Industrial Average Index
I'm new at this wave count thing but I'm going out on a limb just for practice. It looks like were in wave three and it could possibly extend down to low 19,000' or the 2.618 extension of wave 1. With that 3 in mind, I have projected wave 5 with roots in the 3, 4 and 5 extending down to the .618, 1 or 1.618 or somewhere below 18k.

Thanks for reading and feel free to comment.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.