Last weekend I suggested that the DOW DJI was getting close to a decision point, this week with the DJI powering ahead again
I believe the decision point is very close.
25827 closes an open gap and is also the .786 correction from the ATH. In addition wave C blue in the correction is .618 wave A blue
at this level.
Momentum is still diverging and my EW belief is that DJI is completing wave 2 black of a leading diagonal. If correct wave 3 once
underway will take DJI below the previous low in the next month or so.
Good Luck
I believe the decision point is very close.
25827 closes an open gap and is also the .786 correction from the ATH. In addition wave C blue in the correction is .618 wave A blue
at this level.
Momentum is still diverging and my EW belief is that DJI is completing wave 2 black of a leading diagonal. If correct wave 3 once
underway will take DJI below the previous low in the next month or so.
Good Luck