LineTradingPilots

DOW JONES - LONG after ABC complete

Long
DJ:DJI   Indice Dow Jones Industriel Moyen
Dear community,

as I see it, the Dow Jones Index is currently in an underlying A-B-C correction before the final 1-2-3-4-5 impulsive wave starts to complete the overlying V of the cycle.

What does that mean?
It means that I am currently waiting for the A-B-C to finish before I go long, speculating on new highs. There are still a good few thousand points to grab direction north and I surely don't want to miss it.

I will keep posting updates on this idea, including when I open a trade and close it. If you like this setup I would be very happy if you give me a like or even better follow me.

Thank you and good luck.

x
Alysson
Commentaire:
Wave b should be finished soon!
Commentaire:
Looks like wave c has started. Patience is key!

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