Tuesday, October 7, 2014

Dow - It is wave (xii)

Dow dropped 272 points (-1.6%) on Tuesday to end the day at 16,719 level, which is 82 points lower than its last week low of 16,801. This drop confirmed the forming of mini-wave 3 of wave c of wave (xii).


Wave (xii) may end somewhere near 16,300 level before starting its wave (xiii).


End of wave (xiii) can provide a possible ending point for major wave (5) or mega wave 1 as mentioned in my earlier posts.


.

No comments:

Post a Comment