Get started
bobbyguerrero213

Could I have cracked a code! US30, DJIA, Dow Jones

Short
Dow Jones Industrial Average Index (CURRENCYCOM:US30)  
bobbyguerrero213  
CURRENCYCOM:US30   Dow Jones Industrial Average Index
Trend Analysis Chart Patterns Wave Analysis US30 us30short dowjones elliotwaveanalysis elliottwaveprojection elliottwaveforecasts sellsetup market correction
6
0
trendanalysis chartpattern waveanalysis us30 us30short dowjones elliotwaveanalysis elliottwaveprojection elliottwaveforecasts sellsetup market correction
If we start at (1) Jan 5th All time high and move 51 days down to a new low to Feb. 24th 2022 that would be the 1st leg down. Then take (2) Feb. 24 2022 up 57 days to April 21st 2022 that would be a new lower high. Then April 21st 2022 58 days down to a new lower low to (3)June 17th a new lower low, and finally back up to (4) 60 days up to 8/16/2022. If this is the peak of the (4th) part of the wave, we could see a down turn from here to the 5th and final leg down to the Dow being approx. 26,811 in 60 days OCT 17th 2022.Then a possible bounce back up from this market correction.
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.