Sunday, February 6, 2011

Well, Dow just dragged on.


Sub -wave 5 continues to trend upwards within the channel.



It appeared that the sharp pullback a few days ago is the mini wave vi of sub-wave 5.

I would like to classify the market as high risk. It may continue to complete its mini wave vii, viii and ix but watch out for failure sub-wave 5 with some mini waves missing.

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