DJI declined 23% in the first quarter of the year. This was the worst first quarter in 135 years of history of the index. In the next two days we may have a clearer reading if DJI is already in an intermediate wave 3 down that should be more disastrous than the first wave down from February or if DJI is finishing a minor wave B that would have a minor wave C up as the next move. Keep tuned ! FOLLOW SKYLINEPRO TO GET UPDATES.
Comment:
Price structure cleared our doubt and we should stay with and ABC short-term pattern up before a new decline to new lows in intermediate wave 3. See the newer post on DJI.