Wednesday, June 23, 2010

dow in last stages of rally


dowjones was rallied from 9800 to recent prices  as a 2 wave, now as shown in chart, we in last stages of wave 2 unless its  over.

10250 is a critical level which its a support, i think dow should not break this level to consider a wave b of 2 ...  we need more time to make decision. 




24 Jun





nice 5 waves, i guess the wave 3 is underway and we just in begining . ( see above post for possibles count ).



25 Jun



Actually, i dont know if wave 3 begun or wave 2 still underway. i count 7 waves from high so lets see tomorrow trading. 


25 Jun


its seem diagonal pattern 



2 Jul


its was a free fall, i think dow find a support here near to neckline of head and shoulders

No comments:

Post a Comment