Wednesday, June 15, 2011

DIA : Dow Jones Index



What do you think ?
Wave 5 is coming ?

DIA is still in the upward trend channel.
Touching the bottom of the trend channel support line.
If its Wave 5 how would it be ?

Weekly stochs is bottoming.
Another 1- 2 weeks. Maybe 3 ?

It took about
6 weeks for Wave 1 to form.
9 weeks for wave 4 to form.

So if Wave 1 = Wave 5
We will have another 1-2 months of Bulls.
And thereby complete the Wave C correction of the larger degree since 2008-2009


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