DOWI-Ending Diagonal Completed and Impulsive 5-wave down started
The impulsive wave down can wipe out all the gains from the start of the ED which will take it to 9614. However, watch for the FED to suspend the interest rate hike indefinitely and then introduce QE4 well before the DOW reaches 9614.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.