Dow Jones Daily Chart Counts Green and Orange counts were discussed earlier on the intraday chart There is also this Blue count possibility Orange and Blue will be invalidated below the corresponding horizontal lines Note: Those new to EWT should understand that EW counts are not some definite predictors. Sometimes they are predictors, sometimes they provide multiple paths, some of which give you tradable setups with clear stops if another path/count prevails, and sometimes they are vague. But most of the time, they provide a useful context for our multi-pronged methodology that also comprises time cycles, Cycle price targets, and technical indicators.
Published May 29, 2026Updated May 29, 20262 min read
Dow Jones Daily Chart Counts Green and Orange counts were discussed earlier on the intraday chart There is also this Blue count possibility Orange and Blue will be invalidated below the corresponding horizontal lines Note: Those new to EWT should understand that EW counts are not some definite predictors. Sometimes they are predictors, sometimes they provide multiple paths, some of which give you tradable setups with clear stops if another path/count prevails, and sometimes they are vague. But most of the time, they provide a useful context for our multi-pronged methodology that also comprises time cycles, Cycle price targets, and technical indicators.
