27/10/2011

The DOW's current waves.

The Dow uptrend that started Oct 18 at 11.297 is a five wave trend. The fifth wave started Oct 25 at 20:00 at 11.706. The third mini trend, in this fifth wave, started Oct 26 at 16:00 at 11.758 and is still going on, now at 12.030.

The numbers and times come from my 2 hr chart closes.

No comments:

Post a Comment