MarketIntel

🐂 Next stop: 29k!

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CBOT_MINI:YM1!   E-mini Dow Jones ($5) terminer
yarn.co/yarn-clip/43...ab-81aa-f9e2ec3eca54 You've gone completley sideways, man! Not only Dr. Gonzo in fear and loathing in Las Vegas, went completely sideways, so did the Dow Jones, for the past week!

We think the time is ripe for another push towards the 29k milestone. We consider the sideways move a wave (iv) depicted in white, which will be followed by another upwards move (wave (v) also in white), direction 29k+. To remain valid price should not break below the red line at 27500.

What are your thoughts on our scenario?
Happy to discuss!
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