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US30 BULLISH ELLIOT BREAKDOWN

Long
EIGHTCAP:US30   Dow Jones Industrial Average Index
Looking back from Wednesday 15 of March, 2023, the wave 3 kicked off after wave 2 has completed its 3 waves movement. Wave 3 which carries 5 sub-waves along side submerged. Sub-waves 1, 2 and 3 are done, going for the fourth wave which carries 3 waves (ABC waves). However, from 4H timeframe, we can see a Zig-zag correction occurring which goes with 5-3-5 formation. Wave 4 is almost done, from there we can witness the last wave of 5. let's see what the lunch from AAPL will bring about on the 15th of September.

Stay tuned for updates from this breakdown.

WAVE 1 = 5 WAVES
WAVE 2 = 3 WAVES
WAVE 3 = 5 WAVES
WAVE 4 = 3 WAVES
WAVE 5 = 5 WAVES

WAVE A = 5 WAVES
WAVE B = 3 WAVES
WAVE C = 5 WAVES

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