dowjones was rallied from 9800 to recent prices as a 2 wave, now as shown in chart, we in last stages of wave 2 unless its over.
10250 is a critical level which its a support, i think dow should not break this level to consider a wave b of 2 ... we need more time to make decision.
24 Jun
nice 5 waves, i guess the wave 3 is underway and we just in begining . ( see above post for possibles count ).
25 Jun
Actually, i dont know if wave 3 begun or wave 2 still underway. i count 7 waves from high so lets see tomorrow trading.
25 Jun
its seem diagonal pattern
2 Jul
its was a free fall, i think dow find a support here near to neckline of head and shoulders
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