Dow Future Short Term Elliott Wave Analysis: December 13, 2017
Elliott Wave Forecast | Dec 12, 2017 10:37PM ET
Dow Future Short Term Elliott Wave view suggests that Intermediate wave (4) ended with the decline to 23205. Up from there, Intermediate wave (5) is unfolding as 5 waves impulse Elliott Wave Structure and expect more upside before Minute wave ((i)) ends. Index should then pullback in Minute wave ((ii)) in 3, 7, or 11 swing to correct cycle from 12/7 low (24071) before the rally resumes. We don't like selling the pullback and expect Index to find buyers in Minute wave ((ii)) pullback in 3, 7, or 11 swing as far as pivot at 24073 low stays intact.
YM_F Dow Future 1 Hour Elliott Wave Chart
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