-GRAPH1: IM STILL BULLISH ON DOW, DESPITE THE WILD SELL OFF LAST WEEK, I DO THINK DOW IS WORKING ON A CORRECTIVE MINUTE WAVE 2 AS A ZIGZAG , BUT IM LIKELY THAT THE DECLINE IS STILL NOT OVER ,SUBMINUETTE WAVE 4 OF MINUETTE WAVE C IN PROGRESS, IT MAY FORMS TRIANGLE THEN ONE MORE PUSH DOWN AROUND 24600 TO GET WAVE C AND THEN WAVE 2 BOTTOMS OUT, AFTER THAT DOW RAPIDLY APPROACHING A STRONG SNAPBACK WHICH CARRY PRICES HIGHER TO 29500 ( MINUTE WAVE 3)
- GRAPH 2,ON THE OTHER SIDE IM BEARISH ON USD DOLLAR, I DO THINK DOLLAR COMPLETED MINOR WAVE 1 AT 96.84 THEN CORRECTION HAS TAKEN PLACE AS MINOR WAVE 2 , ITS UNFOLDING INTO DOUBLE ZIGZAG, IT MAY HITS 90-90.30 AREA (WAVE2=0.62-0.786 ×1=91.5-90, WAVE C= 1.62 ×A=90.30, ULTIMATE HEAD AND SHOULDERS‘ TARGET AFTER CONFIRMATION ROUGHLY AT 90) ALL THESE ODDS FAVOR THAT WE HAVE A POWERFULL ARGUMENT FOR EXPECTING A TURN AT THAT CALCULATED PRICE AREA
BE TUNED👍
