Strike Analytics

Dow Jones Industrial

2 Aug 202204:42 AM

If we go by the daily chart, it looks like Dow Jones Industrial Average (DJIA) is possibly in wave z of B. Within wave z, minor wave a is possibly complete and now minor wave b is unfolding. This would mean that one more leg on the upside in the form of minor wave c, is possibly pending which would then complete the complex corrective structure (w-x-y-x-z) in wave B.

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