Dow - It will continue to go South

The last two days of rebound is likely to be technical in nature, I expect Dow to continue to move lower in the coming week. Wave (i) of major wave (1) of C may reach a low of 11,000.

Negative Factors

With the escalation of war in Libya, the unrest in other parts of North Africa and Middle East, the Japanese Fukushima nuclear plants crisis, Portugal on edge of financial collapse, high commodity prices, high food prices, high unemployment rate, etc etc etc, I see no reason why Dow is not in its journey to complete the big wave C.


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