filor

Dow Jones - Elliott Wave Analysis

Short
CURRENCYCOM:US30   Dow Jones Industrial Average Index
The Dow Jones is concluding the ABC corrective pattern. We can see that Wave C has a wave3 extended. My forecast is that the pattern will be completed with the wave5, ending in a rectangle. The invalidation level for this wave count is 23759.

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.