Quick Update on the Dow Jones Industrial Average by Sid from ElliottWavePredictions.com. Click on the chart twice to enlarge.

As I showed in detail as a strong alternative in Sunday’s live “Counts” webinar, an ending diagonal appears to be playing out now, in effect delaying the end of wave C (blue) just a bit. Movement above 12551 continues to constitute an invalidation of this scenario, in my opinion. See attached chart for depiction . .

Sid
http://elliottwavepre.wpengine.com