Strike Analytics

Dow

27 Sep 201606:44 AM

Most Indices are still mixed, not all have clear 5 wave declines, and the recent selling did not push indicators to sell mode. But the wave count on the Dow was clear on the idea that the recent move up is 3 waves. Wave (b) on the hourly chart was clearly a triangle. So on the Dow the recent move up is wave b and wave c down with c=a points to 17780. At least this much we should see. Later we need to judge what to expect from there

dow-270916

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