Dow Jones - 5th wave to continue.....eventually?
This count suggests that we could be in the middle of an extended 5th wave for this index and at present it is undergoing a 4th wave correction. As the wave 2 correction was simple, EW theory suggests that this correction might be a bit more complex. How high extended 5th waves can go is anyone's guess but this one has found some confluence around the 50,000 mark.
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