Saturday, April 5, 2014

Dow - Wave b or wave (xi) or mega wave 2 ?


Dow dropped about 160 points (-0.96%) to form the mini wave 4. Next wave up will complete the sub-wave iii. It can be the completion of wave b (Option 1) of major wave (6), 7% to 8% pullback.


Or it can be the sub-wave iii of wave (xi).


And the worst case is the completion of mega wave 1.
 

The pullback can be 35% or 60% for for mega wave 2.


One has to be extremely cautious. Run for your life if needed.



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