1st wave cycle completed. Looks like for 2nd wave, we have A in a smaller degree in, now we need to see a rise in B (looks like a FLAT) and then we will find a lower low for C.
Thereafter, we take off for an epic Wave 3 run.
Blue carrot icons mark fib levels for a Wave 2.
I like this holding here at the .618 level and will be taking a position here. Further down arrows mark additional DCA levels I will consider - if reached. Now if this holds, I anticipate $35+ before next retracement.
I plan to enter Twitter here in the low $40s with a potential DCA in the mid $30s - if reached. Should anticipate $100+ thereafter but cannot identify my targets until we can secure a bottom to this move.
Marked range is where I would consider the DJI reaching before a minor multi-year degree retracement. Therefore, to me, it looks like we are not at the "top" yet and still have some room to work. Giving more conviction on taking some stock plays knowing we have some time left.
All wave count markings beyond that are just placed because we need more data before...
