Updated DJI chart. Projecting this wave's rise to be equal to Wave 1 (73.38%). The b wave of Wave 1 was 26 months from the 2009 low. Wave 3 was 43 months (1.6 x Wave 1). Wave 5 is closing in on 26 months. Even if this up move is only finishing wave 3 (the alternate count that is super bullish), there still should be a nasty correction once target is reached. Bullishness is everywhere. The DJI has also overthrown its channel.
Yorum:
(Edit: Meant to say wave 3 was 1.6 x the b wave high.)
