The moves of the past weeks on the DOW look corrective, might be setting up for another impulse up....
If so then this might be wave 5 (of 5...??)..., which means we could get a serious drop after that...
I dropped in a Cypher for reference only, it could however go higher, we never know...
The major psych and round level 20.000 is getting close...
Look for smaller TF ending structures and/or momentum divergence to pinpoint the possible top...
BIAS: up until it reverses and then of course DOWN...!!
If so then this might be wave 5 (of 5...??)..., which means we could get a serious drop after that...
I dropped in a Cypher for reference only, it could however go higher, we never know...
The major psych and round level 20.000 is getting close...
Look for smaller TF ending structures and/or momentum divergence to pinpoint the possible top...
BIAS: up until it reverses and then of course DOWN...!!
