Some more Downside after Wave 4

After beginning its decline as of the third of October, we could expect to see a little bit more downside on the Dow Jones Industrial Average in what seems to be forming as an expanding triangle.

We could possibly be at the beginning of the fifth leg of of an overall ABCDE pattern, with leg four having retraced back to .382 fib level and price projection for the fifth leg in the vicinity of 21200 points -- an area that would coincide with the 0.5 retracement of the previous upswing since February 2016 and thus possibly forming a nice area of support.