DOW JONES - Wave Revision - Tracking Minor Waves

FX:US30   Dow Jones Industrial Average Index
Check out THE ULTIMATE DOW JONES ANALYSIS VIDEO below to see the bigger picture.

So we are working within Blue Wave 2 in Red Wave A.

Red Wave A will likely be the largest so this has all the signs of a Wave 1 - 2 set-up.

We are way ahead of this so we have time to prepare for the move up in Blue Wave 3.

For now expect the move up to be the magenta E wave of wave (B).

Some will likely think this is the move up coming thanks to the classic Wave E fake out trick.

After this I expect the C Wave to take us down to the where most corrections fall back to which is:

The fourth wave of the previous third wave.

This also has confluence with the 50% retracement level so keep an eye out for that one.

Getting too ahead of yourself by being impatient is a sure fire way to kill your account.

Wave knowledge helps but so does money management.

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Please Note: All ideas are best effort at the time of posting and are subject to change at anytime due to the fractal nature of patterns. I use AriasWave methodology which is NOT Elliott Wave. I will only change view when there is enough evidence.


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