Dow - The three patterns for 2019

This recent near touch of the wave ii high has held allowing for an immediate down in wave v to complete the larger IV.
The X pattern requires breaking that high and the completed pattern requires strength up through the 28k range directly (lower prob).

Anyways, they're the patterns and end of month is on tap. The levels are generally of value.

Yorum:

25.3k level yet to be broken on a weekly close basis (an intraday traverse only), keeps the X still in play.
The level to break is the supply zone 24.6-24.3k for the pink iv to take command, even though it's still the primary for now.