■Overview of DJI on 6-month chart.
Now We are in sub-wave Ⅴ (Red) of wave (Ⅲ) (Black).
Sub wave of wave (Ⅲ) is the Third wave extension of the Fifth wave extension.
The wave is touching some acceleration channels, In the near future the wave (Ⅲ) will be complete and the trend will switch.
When wave (Ⅲ) is complete, the trend will switch to a down-trend.
Next is the IV wave. It will be a big retrace.
■Outlook of DJI on 1-month chart.
I think that we are on sub-wave 5 (shown in Green line) of "wave (5)" shown in the Blue line.
Wave (5) is an impulse that the third Wave of sub-wave extended.
■Outlook of DJI on 1-week chart.
I think that we are on sub-wave (iii) (shown in Black line) of "wave 5" shown in the Green line.
I think the waves will move up and down the acceleration channel (2) and (3) from now.
Now We are in sub-wave Ⅴ (Red) of wave (Ⅲ) (Black).
Sub wave of wave (Ⅲ) is the Third wave extension of the Fifth wave extension.
The wave is touching some acceleration channels, In the near future the wave (Ⅲ) will be complete and the trend will switch.
When wave (Ⅲ) is complete, the trend will switch to a down-trend.
Next is the IV wave. It will be a big retrace.
■Outlook of DJI on 1-month chart.
I think that we are on sub-wave 5 (shown in Green line) of "wave (5)" shown in the Blue line.
Wave (5) is an impulse that the third Wave of sub-wave extended.
■Outlook of DJI on 1-week chart.
I think that we are on sub-wave (iii) (shown in Black line) of "wave 5" shown in the Green line.
I think the waves will move up and down the acceleration channel (2) and (3) from now.