The DOW is still bullish. Here is the updated count:
I think the orange 3 was not done on my last update (lower picture). It looks much better at the current price level so I adjusted it.
After orange wave 4 is done, I will be able to make a fib projection for the TOP after which I expect a big correction happening (>2000P).
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If you think this to be useful information:
DISCLAIMER: I provide trading ideas using EW and Pattern analysis. The material in this post does not constitute any trading advice whatsoever. This is just the way I see the charts and what my trading ideas are. The author of this post is holding positions in this market at the time of this post.
If you make any trades after reading this post it is completely in your responsibility. I am not responsible for any of your losses. By reading this post you acknowledge and accept that.
Tell me what you think...
Have a nice day :-)
I just want to say, Thank you for your great post. I have not yet traded. Great @ew-and-patterns
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This post received a 2.11% upvote from @randowhale thanks to @ew-and-patterns! To learn more, check out @randowhale 101 - Everything You Need to Know!
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