Wave_Theorist

Divergence on the Dow: Indication for end of diagonal sequence

TVC:DJI   Dow Jones Industrial Average Index
We're currently seeing an ending diagonal on the Dow, and this is the same pattern we're seeing on the Nasdaq and S&P 500 . In wave analysis, it is an unwritten rule that we must see divergence between waves 3 and 5 in an ending diagonal sequence. I'm looking for price to make one more up before we begin the downtrend.
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