Dow gained 113 points (+1.2%) on Friday, that marked the starting of sub-wave v which can last another two days. What is next?
There are 3 possible options/outcomes. I have mentioned Option 1 and 2 yesterday, to be cautious, I added one more option 3. This third option is unlikely but when it happens, the magnitude of the drop will be big and you will have no doubt it is option 3, run for your life is the advise. Protect your cash is the objective. But it is unlikely.
Option 1 and 2 are more likely. If Dow's next week behavior is the same as its behavior in the last two weeks, Option 2 will be the outcome. If Dow goes into a mild 5 to 7 days pull back, then it is option 1.
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