Dow gained 458 points or 3.6% in three days to close at 13075 on Friday. It was able to break its previous high of 12943 and at the same time it closed higher than its upper trend line.
A new possible option for Dow is as shown below, wave v has yet to be completed.
it is possible that Dow is currently forming the sub-wave (v) of wave v at this moment.
For Dow at its current level, Option 1 and Option 2 that I have mentioned previously still cannot be ruled out especially if Dow started to move lower to below the upper trend line again next week.
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