US30 - Jump on board the rallyUS Wall St 30OANDA:US30USDabskapWith a massive head and shoulders visible on the chart - the target for the completion of the pattern is 54,000 +++. The Elliot wave count also seems to be suggesting that this target will easily be reached. We are currently in the 3rd wave of the 5th. I am expecting a powerful up move with every dip being a buy with a stop loss of 50,700. This scenario is also further strengthened by the US Oil charts that have an inverse correlation to US index charts. The US Oil charts are currently completing its corrective leg which is further strengthening the US30 charts. Please feel free to share any alternate counts you may have!