Sunday, May 26, 2019

Tracking wave E of Dow

Dow (25,585)

Dow continued with its wave E formation last week


The 30-Minute interval chart provided a better description of the wave movement. So far, Dow has completed the mini wave 1-2 of its wave E. Last week it proceeded to complete the small wave i-ii-iii-iv. Next week Dow is expected to form the small wave v to completed its minor wave (i) and to be followed by a minor wave (ii) rebound before the next minor wave (iii) drop.




As usual, when Dow is no good, the rest of the indices from Asia to Europe will not be good.

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