This is my medium term analysis for DJIA -0.01% .
I expect wave C of correction on daily timeframe to start very soon.
Price might still climb up as there is no way to tell where wave B can reverse exactly. The upmove is very limited and it is much better to wait and trade any sell opportunities in wave C.
Momentum slows down rapidly and we should have drop soon.
Regards
I expect wave C of correction on daily timeframe to start very soon.
Price might still climb up as there is no way to tell where wave B can reverse exactly. The upmove is very limited and it is much better to wait and trade any sell opportunities in wave C.
Momentum slows down rapidly and we should have drop soon.
Regards