DJIA – Dow Jones Industrial Average- detailed EWT count

This page shows the preferred current count for the Dow Jones Industrial Average in more detail. Please refer to the wave-labeling page to see which degree waves each is. This page will be updated a few times per month.

Updated March 18, 2019. 

Continues to count well as having completed five waves up off the December low into the March 4 high, followed by three waves down intot he March 8 low and now moving corrective higher. Alternatively, this -what looks like corrective waves higher since that low- are a set of nested 1,2,i,ii waves. One can’t know in this market. For now price is in the ideal target zone and can still move a bit higher to complete a c=a relationship (blue arrow). As said in earlier updates: a move above $26000 will have me change my POV to a larger b-wave being underway. I can’t really view the recent rally as the start of a major-3 wave; too weak. Again, that can change in a day, so all I can do is: anticipate, monitor, adjust…