Strike Analytics

Dow

4 May 201310:01 AM

Dow [14973] - I have been showing it to be in the 5th wave. However the ending pattern of the 5th wave keeps re-inventing itself or I may say manifests into new structures. So its either an expanding triangle for the entire setup or for wave V of 5 only as shown. We continue to wait for wave 5 to end and confirm. Which would be on a break below 14700[20dma] or even better below 14469 the lower end of the triangle.

dow040513

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