Possibility 1: The DJIA ended wave B and started wave C down to 21,900 - 21,600 (triangle or flat correction, respectively). A decline below 22,200 in the coming day or two should favor these bearish scenario.
Possibility 2: The DJIA already started wave (iii) of minor wave (5) towards new highs. A rise above 22,420 should be a buy sign.
Waiting for further confirmations.
Trend AnalysisWave Analysis

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