William-trading

Dow futures - heading for a last leg of sub-wave C

CBOT_MINI:YM1!   E-mini Dow Jones ($5) Futures
The dow has officially completed its first sub-impulse 5-wave and an expanding flat is ongoing with the last leg C wave heading for the support near 32,500 level. Overall, the rebound may not be strong and should exit quickly upon reaching the first target resistance at 34,292
Comment:
1st target price met. Huge sell off follows.
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.