■Outlook of DJI on 1-Day chart. I think that we are on sub-wave 5 of "wave ⅴ" shown as Orange-line. probably, The sub-wave of "wave ⅴ" is "Diagonal". All sub-waves of this diagonal are 3 waves. Wave 5 of Diagonal will be completed after exceeding the high of Wave 4 (36,566) and at the Same time wave (iii) on the upper degree will be completed. Next is wave (iv) (shown as purple-line). If the assumption is correct, the target of the wave (iv) is as follows. 1. Closing price of sub-wave iv, 33,272 2. 38.2% Fibo level of wave (ⅲ), 32,352 3. Acceleration channel touch In this scenario, the stop loss level is 38,920.
The overview looks at last time my idea. ■Last time my idea, Dec 19;