27 Aug 2014 ‚óŹ 09:54 AM

Dow made one more new high but note all the legs over 9 months are overlapped and wave D fell below the May low [circled] so there are no impulses. So the next best view on the Dow is of a large ending diagonal over 9 months after last years running triangle in wave 4. Upper line is at 17290, but the minimum requirement of wave E is to go above wave C which it has done. So wave E can end anytime any day between now and 17290.


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