KO under 28539, above Bullish - Wave 4 to finalise

Long

Dow Jones Industrial Average Index (CURRENCYCOM:US30)

Updated

CURRENCYCOM:US30 Dow Jones Industrial Average Index

Trend Analysis Wave Analysis

trendanalysis waveanalysis

see Chart Text

Comment:

Sry. Typo! KO is 28358

Comment:

Still looks good to me. The retracement in DOW is pretty heavy. Looks more harmonic in S&P500 and Nasdaq. Nevertheless, Even if the Alt count is valid we would see new highs. The move from last minor high doesn't look impulsive. Just a lot of Zig-Zags down. Even a XX is possible. Will check if fractals get clear in couple of hours...

Comment:

28358 didn't hold. Seems like we are still in the Zone for wave 4 but it gets ugly. Alt Count for the bulls is in play. Check out the chart.

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