DJIA (US30): Might be turning at the 20k level!
Wave 3 target met, see previus idea.
MACD making higher bars still but RSI extremely overbought...
Might continue up a bit to touch 20000 or overshoot it...
May only be a wave 4 retracement if the count is correct...
Phased short entry from here: 19750 - 20000 - 20250 (AVG: 20000)
MACD making higher bars still but RSI extremely overbought...
Might continue up a bit to touch 20000 or overshoot it...
May only be a wave 4 retracement if the count is correct...
Phased short entry from here: 19750 - 20000 - 20250 (AVG: 20000)
Commento:
Might be turning, it didn't quite reach 20k, but it could still happen, this is the reason why phasing entries is usually a good thing...
Commento:
If it sets through 19k is the first target (0.382 ret.)...
