DJI Wave 5
Currently the DJI is recovering from its previous run. As such, an opportunity would arise soon in the equity market. The DJI has entered Wave 5 and I believe it would fall to the levels outlined on the graph. As such, traders who like to trade Wave A have the perfect opportunity to do so. Furthermore, historically the DJI has always risen, so even if this correction is not timed perfectly, it would still prove profitable in the long-run.
Remember, that this is just the index, which should give you a sense of direction of where the stocks that make up the index would go, but further analysis of the given stock should be conducted. Another strategy might be to buy an index fund or an ETF that follows the DJI.
Remember, that this is just the index, which should give you a sense of direction of where the stocks that make up the index would go, but further analysis of the given stock should be conducted. Another strategy might be to buy an index fund or an ETF that follows the DJI.
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