Dow has completed its 5 wave impulse after a reversal at 29,000 resistance zone which I have highlighted before. The sell-down is a correction and price has swiftly reverse higher upon reaching 127.2% extension of wave A. Lets see if the index future can edge higher or not.
However, do take note of the resistance zones highlighted in the chart, should 29,000 fails to break, then we will see a prolong corrective flat.