Dow

Dow is set up to complete a triangle in wave B. Yesterday it touched the blue line and stopped at it in wave (e) of a triangle. What we need to see is an impulsive decline to start from there. That would mean that wave C down started and the implications are that either it is equal to wave A or extended by 1.618 times. The numbers are 21490 or 20000, both go near the wave 4 regions of the previous advance, which is ideal. This is what we are now watching out for in the coming days.