Dow Jones might have completed an impulse at 24533 !!

26 oct 2018To continue the story from yesterday, Dow Jones Industrial Average dropped lower as a probability discussed, towards 24530 levels. Looking into the wave structure now, a potential impulse wave labelled as waves i through v, seems to be complete. Please note that the underlying instrument has unfolded its last wave into an ending diagonal . A push above 25307 from here would confirm that a meaningful bottom is in place for now at 24530 levels. Please note that a probable 3 wave corrective rally could begin any moment towards 26000 levels any moment now.


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