Based on the current count, we are finishing wave B correction soon. If the bounce happens and wave C starts, we should see a big sell off. Break of the uptrend line could be extra confirmation.
Will look for patterns to form at the top. Apple is a big part of Dow Jones, so could signal incoming sell off in the index as well. Dow chart supports this as well.
Good Luck!
Will look for patterns to form at the top. Apple is a big part of Dow Jones, so could signal incoming sell off in the index as well. Dow chart supports this as well.
Good Luck!
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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.