EWA-tokyo

Elliott wave analysis, Great crash.

Long
TVC:DJI   Dow Jones Industrial Average Index
■Outlook of DJI on 3D chart
The wave (iv) shown as Purple-line has been completed and the final wave (v) has started.
The sub-waves of "wave (ⅴ)" are shown as Orange-line.
The chart pattern of wave(ⅴ) may be Diagonal.
Because three acceleration channels are lying above.
(It may be that the sub-waves of wave(ⅴ) are also Impulse).

When the wave (ⅴ) is completed, the waves on all Upper Degrees are completed.
and, Wave(III), which has continued for 90 years since 1932, will be completed.
The trend will switch to a down-trend.
Next is the wave (IV).
It probably is a Great crash.

■Overview of DJI.

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.