Price overlapping makes me to think that we still are into wave 1 a leading diagonal.
If so, I expect the next support level to be the 0.382 - 0.5 Fib. retracement of wave ((3)).
If so, I expect the next support level to be the 0.382 - 0.5 Fib. retracement of wave ((3)).
Commentaire:
Below 10.045 we are looking to the downside to complete a complex correction WXY.
Possible target 8.08 area.
Possible target 8.08 area.
Commentaire:
Above 8.49 we are looking to the upside to complete wave ((5)) of a leading diagonal
Commentaire:
Unless DOT trades below 8.49, we'll look upper in wave (3) but price must clear 9.81
Clearing 9.84 may be a clue that a zigzag correction ended 9.19
Not excluding a complex correction until clears 11.02