Elliott Wave View: Dow Futures (YM) Looking for Double Correction
Short Term Elliott Wave view of Dow Futures (YM) is looking for a larger degree correction against cycle from 3.15.2023 low in 3, 7, or 11 swing. Rally to 45183 ended cycle from 3.15.2023 low as wave ((3)) per 1 hour chart below. Wave ((4)) pullback is now in progress to correct that cycle. Internal subdivision of wave ((4)) is unfolding as a double three Elliott Wave structure. Down from wave ((3)), wave A ended at 43941 and wave B rally ended at 44556. Wave C lower ended at 42496 which completed wave (W) in higher degree.
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