It appeared to me that the October 2007's peak of 14,164 is wave B and the March 2009's low of 6,547 is wave C of super wave VI as shown below.
Courtesy of stockcharts.com for the base chart
Since March 2009, Dow has been forming its super wave VII and its is about to complete its major wave (5) of its mega wave 1.
If wave (ix) is not the end of its major wave (5), the coming wave (xiii) is another possible point for Dow to end its major wave (5).
And then the next crucial question is whether that is also the end of its mega wave 1 unless mega wave 1 has 9 major waves instead of 5.
The Problem.
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1 comment:
This man is now living in his own world of deceitfulness.
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