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Dow Future Elliott Wave Analysis 12-1-2017

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Dow Future Short termElliott Wave view suggests that Intermediate wave (B) ended at 23204. The rally from thereis proposed to be unfoldingasaleading diagonalElliott wave structure.Minute wave ((i)) ended at 23599,Minute wave ((ii)) ended at 23432, and Minute wave ((iii)) ended at 24328. Minute wave ((iv)) is in progress to correct cycle from 11/23 low and while pullbacks stay above 23618, expect another push higher to finish Minute wave ((v)). The 5 waves leading diagonal rally from 11/15 low should endMinor wave 1 of a larger degree when Minute wave ((v)) is complete later. Afterwards, Index should pullback in Minor wave 2 in 3, 7, or 11 swing before the rally resumes. We dont like selling any proposed pullback.

YM_F Dow Future 1 Hour Elliott Wave Chart

Dow Dec 1

ew cycle

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About the author  (by EME PROCESSING AND CONSULTING LLC) was founded in 2005 by Eric Morera. Since inception our company has provided tailored Financial Market Services to thousands of clients.

ElliottWave-Forecast has built a reputation on accurate technical analysis and a winning attitude. By successfully incorporating the Elliott Wave Theory with Market Correlation, cycles, proprietary pivot system, we provide precise forecasts with up-to-date analysis for 42 instruments including FX majors, Gold, Silver, Copper, Oil, TNX and major Equity Indices. Our clients also have immediate access to our proprietary actionable trade setups, market overview, 1 Hour, 4 Hour, Daily & weekly wave counts. Weekend webinar, Live Screen Sharing Sessions, Daily Technical Videos, Educational Resources, and 24 Hour chat room where they are provided live updates and given answers to their questions.

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