YMU4 - Dow - E- mini - Wendesday - 16th July

News: 14:00 FED Beige Book

Pre- Market expectation: I am hesitating. It could be exp. flat correction. In this case B run up to new high not wave 5th. In this case new high is needed. See the chart:

If there was wave 5th, strong downward movement would come.

9:44

10:03

It could be 3/3 on '5. New high is possible in this case.

10:08

11:24

Is this a range?

11:39

I have a rest.
I dont know this is a range or impulse comes down, quastionable. Over 10' RSI is bull.

12:15

Range. I am making dinner, but I watch the chart :) Impulse can go up!

13:39

I made a long and made a mistace, but it was not problem.

I think it will be new high.

14:10

New high is a real possibility, but it is not necessary.

15:29

Today, Dow has reached the target zone.

See the first chart!