Dow Transp. Sell in May (Nikita FX )

This is a wave analysis of Dow Transportation Index.
It is now downward phase inside Green Flag Zone. Almost breakdown through the
bottom line of Yellow Channel Zone.
Due to the vertical width of Green Flag Zone, its downward target will be at 7700.

I would say that mid-summer rally will be coming later.

Nikita FX (climbingfx.jugem.jp/ )