Strike Analytics

Dow

16 Feb 201806:39 AM

The US Dow continues on its winning streak but technically this is wave B. Ideally it should end near 61.8% at 25390 and we are close however if I go by the hourly chart that shows wave B as a clear 3 waves up then wave c=a of B points to 25900 near the 78.6% retracement mark. Time will tell as this should end at one of the two levels. till we get an actual reversal the odds are open.

dow 160218

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