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momo_7

DJIA - Ascending Wedge + Wave 5 down

Short
Dow Jones Industrial Average Index (TVC:DJI)  
momo_7  
TVC:DJI   Dow Jones Industrial Average Index
Trend Analysis Chart Patterns Wave Analysis
3
0
trendanalysis chartpattern waveanalysis
(i) Ascending Wedge nearing the 3rd contact point on the upper edge

(ii) Elliot Wave 4C nearing the Fibonacci 76.4% retracement, which coincides with the bottom of Wave 1

(iii) Bearish MACDH divergence on the 4h charts
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