18 Oct 2017 ‚óŹ 10:18 AM

The Dow has been making records and yesterday touched the rising parallel line for the 5 wave advance that started in April. Are we done? There are many subdivisions in wave v to saw certainly that the count for wave v is complete but the target is done and therefore any serious price reversal should be taken seriously. It would end a 5th wave and result in a meaningful setback in prices. The RSI at 82 is also very overbought.

dow 181017

Comments (0)


Latest Articles