INDEXDJX:.DJI : Dow - wave b started
Dow gained 288 points (+1.69%) at the close of Wednesday trading. I guess this is the starting of the wave b of its wave (xiv), at best. How high this b will go and how long it will last is hard to say.
But, if it is too short in magnitude and duration, then it may not be b at all, and more likely it may be the mini wave i and ii of major wave (6).
However, if crude oil price can stabilize and move side way, Dow may take a month or more to complete this wave b.
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