Thursday, April 21, 2011

DOWJONES

Here's a 90 Min chart of the DJI

Somewhat exceeded it's target of the wolfewave - which is normal. We've seen this happen before. I expect some more upside 50-100 points before it reverses.

My targets are marked out as 12175 / 11995 and 11816

This is quite a valid WW - reason being Point 5 (12100) breached the trendline met the WW tgt and and exceeded it.

Let's watch for reversal now..


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