【Dow Jones Index Strategy and Wave Analysis Chart 20250515】
(1) The Dow Jones Index has experienced a super cycle of 5 waves since its inception.
(2) Currently, it is in the super cycle 5-5-4 wave,
the super cycle 5-5-4 wave is very similar to the trend of Bitcoin, both are wxyxz corrective waves. Studying the Dow Jones Index is instructive for Bitcoin! Because $BTC Bitcoin is also a component stock of the U.S. stock market!
(3) Therefore, the rebound after April 7 is close to Fibonacci 0.7 located at 42051.07,
after the pullback, the super cycle 5-5-4-Z wave allows not to make new lows below 36611.78.
(4) The pullback targets of the super cycle 5-5-4-Z wave are
34064.75 (new low) - 35753.27 (new low) - 37289.86 (no new low),
(5) After the end of the super cycle 5-5-4-Z wave, it will be the super cycle 5-5-5 wave,
this is the last wave in the long bull market since the Dow Jones was born in 1776, with a target of 48500-50000.
After the rise ends, it will enter the #美股上涨 super bear market of U.S. stocks!