Dow dropped 549 points (4%) after 5 days of losses. If this is the sub-wave iv of wave 5 correction, it has reached its lower support line. Dow is likely to move towards the 14,164 level in the next few months to complete its wave 5, if there is no surprises from Europe.Wednesday, April 11, 2012
Dow - Last sub-wave of wave 5
Dow dropped 549 points (4%) after 5 days of losses. If this is the sub-wave iv of wave 5 correction, it has reached its lower support line. Dow is likely to move towards the 14,164 level in the next few months to complete its wave 5, if there is no surprises from Europe.
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