DOL - Hourly Analysis - 08-05-2026

Primary Structure:  Potential Bearish Impulsive

Primary Trend: Bearish

Current Wave Structure:  Potential Bearish Impulsive

Expectations:   Since we are in the middle of a bearish flat, a strong bearish move in five waves may be expected. Having said that, the decline from the high may be considered as part of the bearish impulsive cycle. More weakness in the price is expected after a small pullback in the black wave "II".
Note: Only the wave degree has changed.

Past Trade: We have made a gain of 61.5%.

Recommendations: Stay aside

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