dow and ewave
4 responses | 0 likes
Started by bear - June 15, 2018, 11:48 a.m.

looks like the dow has had a nice 1-2-3-4-5 up since its 2018 low. 

what say you ewavers?  is the run up finished for now?  and how low do we go?  

Comments
By Richard - June 15, 2018, 12:03 p.m.
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My gut says that todays low would be a good buy. Clearly I could be wrong, but that is my one cents worth.

By metmike - June 15, 2018, 12:26 p.m.
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Not an ewaver but can post price charts for you.


                                                                                   
                   
By metmike - June 15, 2018, 12:33 p.m.
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Here's a great article on Elliot waves for the Dow with a chart copied below from.................."ElliotWave5.com" 

Hmmmm, they might know a few things about the topic (-:


https://elliottwave5.com/tag/elliott-wave-djia/

From the article:

"Chances are very good that you could search the entire Internet for a wave count that dosen’t have a bunch of indicators on it. Wave analysts use smoke and mirror to baffle us with bullshit.  The problem with modern high degree wave counting is that they miss too many bull markets." 

By bb@ew50 - June 20, 2018, 1:02 a.m.
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I want to thank you for putting up my DJIA wave count, At least you picked a chart that is still relevant today.