Hello every one
As we all expected, Dow starts a bullish trend from the first day of the week but we do not know if last week correction finished and what I have counted is correct or it is just wave b intermediate of ABC of wave 2 Primary.
Note : There is another scenario that say we are in huge recession and what is happening is internal wave of an ABC cycle (or super-cycle) of a big bearish correction. ( But I do not believe in it).
I am sure will face a dark recession in the market but it is nor for now.
The worst problem for every trader is living a doubt and hesitation but we should learn it.
Time will show us.
Thanks
As we all expected, Dow starts a bullish trend from the first day of the week but we do not know if last week correction finished and what I have counted is correct or it is just wave b intermediate of ABC of wave 2 Primary.
Note : There is another scenario that say we are in huge recession and what is happening is internal wave of an ABC cycle (or super-cycle) of a big bearish correction. ( But I do not believe in it).
I am sure will face a dark recession in the market but it is nor for now.
The worst problem for every trader is living a doubt and hesitation but we should learn it.
Time will show us.
Thanks
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It might be wave 2 but also can be wave B and time can show us what is true.
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It seems that our second scenario is more probable and Dow will corrects deeper levels (Red counting).
Trend is bullish in my opinion yet.
Trend is bullish in my opinion yet.
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Dive to retrace deeper correction is valid yet in my opinion.
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everything depends on the pattern that DOW is making from now.
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as I mentioned it depend on the power of the rally. It went up weak, so it dropped.
AMA