Dow

Dow - has a 5 wave fall on hourly charts. It is hard to say if that marks a start to a sell off as other US indices are pointing at one more new high before they are done going up. Yesterday I discussed that the Dow was in wave iv and wave v up is pending. If so this maybe an expanded flat and the 5 wave fall is wave c, and the next move should be back to the highs. This is an hourly chart.