DJIA (US30): Looking for end of wave 5...?
The moves of the past weeks on the DOW look corrective, might be setting up for another impulse up....
If so then this might be wave 5 (of 5...??)..., which means we could get a serious drop after that...
I dropped in a Cypher for reference only, it could however go higher, we never know...
The major psych and round level 20.000 is getting close...
Look for smaller TF ending structures and/or momentum divergence to pinpoint the possible top...
BIAS: up until it reverses and then of course DOWN...!!
If so then this might be wave 5 (of 5...??)..., which means we could get a serious drop after that...
I dropped in a Cypher for reference only, it could however go higher, we never know...
The major psych and round level 20.000 is getting close...
Look for smaller TF ending structures and/or momentum divergence to pinpoint the possible top...
BIAS: up until it reverses and then of course DOWN...!!
