Thursday, September 25, 2014

Dow - Another possibility

After 3 hours of trading, Dow dropped 238 points (-1.38%) to 16,971 on Thursday morning. With Dow going below 17,000, there is another possible wave count as shown below.


Dow has completed its sub-wave v in August. It is currently forming the wave c of an expanding a-b-c of sub-wave vi.


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