Here is my Elliot Wave count for the DJI that I'm quite confident on and that I've been watching for a while. By my count we are still a Wave 4 of a greater Wave A correction. We continue trying to breakout above the 200 EMA on the hourly. I think we are going to see big rejection soon, especially if we manage to hit the 0.65 fib retracement level. The MACD indicator on the 4h time frame also suggests that a powerful change in direction for price action may occur very soon. I'll be looking for a buy entry around 21,000 range after Wave A. I'm not as sure about time estimates but I want to aim for February 7th-14th. Please don't hesitate to provide feedback or criticism as it is all appreciated since I by no means believe myself to be an expert.