Dow

The Dow broke the wave 1 low in 3 waves and that led to the chose of an expanded flat version for wave 2 pullback. Wave C of the bounce is typically 5 waves and goes above the high of wave A. C=161.8% of A

The EW calculator can be used for expanded flats. Wave 1 low put in the X box, wave B projects near 25313. Wave C to 26769-26975 is open in wave 2 up.