DOW Elliott Wave Analysis for Monday 08/01/2024

٧ يناير ٢٠٢٤

We made a new ATH in the DOW JONES so the bullish sequence in the higher time frame continues. We believe we are now working on a wave ((3)). Alternatively, the wave ((1)) might still be ongoing as a leading diagonal. In the lower time frame, we are observing a potential WXY corrective structure.