Quick Update on the Dow Jones Industrial Average by Sid from ElliottWavePredictions.com

Sid Norris
 In Blog, Dow Jones Industrial Average

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

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