Mentorship

Mentorship

Dow

26 Jun 2019 ‚óŹ 06:28 AM

Visually it is increasingly appealing to think of the Dow as a expanding triangle from the Jan 2018 top. Wave E itself is an expanding triangle. 

dow 260619

Alternately I stick to the earlier wave count that the 5th wave ended in Oct 2018. After that we did wave A down and wave B up, in case of Nasdaq and S&P wave B made a high above the wave 5 point, so in those cases it is an expanded flat. In call cases then we should be looking for wave C down, a decline in 5 waves back to below the wave A low as shown.

dow 260619a

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