At least one Dow component have it now, DD. It is only in hourly chart degree, not daily one.
Alcoa is potentially building. Bank of American have it allready and finally – keep on eye General Eletric.
If these patterns come to be placed, I think this market is placing W4 for it. It is reasonable interesting because for instance JP Morgan is travelling with fifth wave started by contracting triangle with daily charts as do many other´s financial stocks also. If they do place now the same pattern for 60 min charts breaking the EW degrees could come slightly more easy task to do – some day.
I Like this pattern, it is question of the one wave is it going to be bullish or bearish, complex wave alternate makes it this way.
