EWA-tokyo

DJI, Elliott wave analysis

Short
DJ:DJI   Dow Jones Industrial Average Index
■Outlook of DJI on 1-Day chart.
Wave(ⅲ) and sub-waveⅴwere completed and wave (ⅳ) shown as purple-line is probably starting.

If the assumption is correct,
the target of the wave (iv) is as follows.
1. end of sub-wave iv shown as orange-line, 33,270.
2. 38.2% Fibo level of wave (ⅲ), 32,390.
3. Acceleration channel touch.
In this scenario, the stop loss level is 36,950
Look at the chart idea below for the 2nd scenario.

■1st scenario,
Last time my idea, 1D, Dec 25.

■2nd scenario, 1D

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