30 Nov 2017 ‚óŹ 05:14 AM

The Dow is in wave 5 long term and been extending that from the low in April. The rise if fitting channels very well with good patterns as enthusiasm and participation go up in the melt up phase. After breaking out of the first channel in wave v, that too splits into 5 waves and we are in wave v/v, Taking support on the first channel prices are attempting the upper end near 24139, till the trend reverses. The next reversal in trend from v/v would mark a very important long term top.

dow 301117

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