Dow Jones (US30) grinds higher within the choppy 5th wave

We have seen mixed price action for the last four days, with rallies finding sellers and dips finding buyers
The intraday chart highlights a 261.8% extension level at 48,013. A move to this zone would be analysed as the completion of a bullish 5 Wave count (Elliott Wave).
The current mixed daily results look to be forming a Crab pattern. That will be completed on a move to 48,111.
Conclusion: the medium-term bias is bearish. The preferred stance would be to sell into rallies within the 48,013-48,111 zone.