DOW JONES - Wave Revision - Tracking Minor Waves
Check out THE ULTIMATE DOW JONES ANALYSIS VIDEO below to see the bigger picture.
So we are working within Blue Wave 2 in Red Wave A.
Red Wave A will likely be the largest so this has all the signs of a Wave 1 - 2 set-up.
We are way ahead of this so we have time to prepare for the move up in Blue Wave 3.
For now expect the move up to be the magenta E wave of wave (B).
Some will likely think this is the move up coming thanks to the classic Wave E fake out trick.
After this I expect the C Wave to take us down to the where most corrections fall back to which is:
The fourth wave of the previous third wave.
This also has confluence with the 50% retracement level so keep an eye out for that one.
Getting too ahead of yourself by being impatient is a sure fire way to kill your account.
Wave knowledge helps but so does money management.
Please LIKE and FOLLOW to get notification of updates and future posts.
So we are working within Blue Wave 2 in Red Wave A.
Red Wave A will likely be the largest so this has all the signs of a Wave 1 - 2 set-up.
We are way ahead of this so we have time to prepare for the move up in Blue Wave 3.
For now expect the move up to be the magenta E wave of wave (B).
Some will likely think this is the move up coming thanks to the classic Wave E fake out trick.
After this I expect the C Wave to take us down to the where most corrections fall back to which is:
The fourth wave of the previous third wave.
This also has confluence with the 50% retracement level so keep an eye out for that one.
Getting too ahead of yourself by being impatient is a sure fire way to kill your account.
Wave knowledge helps but so does money management.
Please LIKE and FOLLOW to get notification of updates and future posts.
