Name: Dow Jones Future ($YM_F) Bullish Structure Likely Extends | ELLIOTT WAVE FORECAST
Uploaded: 2020-03-12T23:11:22.000Z
Duration: 5 min 26 s
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Past simple

Welcome to in the elite with tears for guest dot com you took General Ah, this is Henry.

And this Friday tenure in the 10th the time is 4 a.m. d m d.

The day will be looking at the chart of the Dow Jones future.

This is why I m f 60 minutes chart and ah, you can see here in this is continue to extend higher, do new all time high.

So what are we looking at and what can we expect here?

A cz we can see on the charts This rally here are ended with three in blue degree and then the pullback here This was the pullback after the Iran news on the attack in Iraq against the U.

Military base eso we got ah lipid of sell off.

But then after that continues to really again so I can see it is a nice through its pull back, okay, reaching 100% and then buyers appear again and bring it to new all time high.

Based on the chart here is that we are now within the way five, which is the last wave right.

Ah, and this five ways up, that is clearly involves it from here.

That rally over there is is going to end with one or five, right?

It's going to end with one or five, which means later on the pullback should be able to find buyers again as far as we can stay above this Iran news low.

Okay, then we should be able to extend higher again and continue to extend within the way.

All right, so this is the most aggressive you off course on within the innocence.

And we should be the most aggressive because there is no reason not to.

And if I look at the larger degree to give you an alternate option and also some other consideration, uh, this is partial label.

If you want a complete label in all different time frames, you can always check in the member area.

We have fourth industry trial on the link is provided in the description of the feed you below.

So here, if we look at it from the Alka Six low, Okay, Now I'm putting this three and four in blue here that we see in the in.

The one hour chart on the village are here.

Then we are now in the way five against it, clearly or five ways from here.

And, um, we are, or we will be ending with one or five.

All right, so it is not yourself, all right?

It is not a cell it can give extending higher, whatever you want.

Ah, so we will soon end with one or five and then do a pull back in the lift door.

And then when the new hire again to extend higher within this with five in blue.

Ah, the old and new suggests that, um, instead, off pulling back in the with tool instead of ending with one or five that could be your entire with five.

So instead of ending with four or five that good, you in there with five.

Now, in this case, what happens is then this is your with three here because there's another one into here, and then we're gonna get a bigger pull back, which is not the end of the world.

Even if we do get a bigger pull back, because that will be, you know, like a with four diable fullback, which is a pick a pullback.

But still, it is a pull back on and then that it is going to extend higher again.

Uh, so this is the alternate scenario in guests.

You know, the with five, there's no extent, but otherwise on the most aggressive you, which is what we can be looking here in the one hour dark suggest, even in the shorter cycle, we could still continue to extend higher within the way.

All right, so, um, again see if you throw a symbol trendline notice here, it found support in the trend line.

Now, obviously, if ever despair would give up this during this previous low here, then obviously, if that ever give up, we will also break the stern line.

Now, once we do get a break and close below that are in line, then you know that we are looking for larger degree correction, right?

It's no longer going to hold above here if even if it just breaks below the, you know, close Balutis turn land most likely is gonna break below that review Slow here.

See, a large degree Pullbacks attacked her in line is gonna be, Ah, some sort of early warning for us Whether we can keep pushing it in the more aggressive manner or we need to be Ah, you know, maybe expecting a slightly larger degree.

Pull back before you know the index rally again.

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