Dow - wave d of (xiv)

Dow (17,666)

With oil prices stabilizing above US$50 a barrel and a more positive outlook for Greece, Dow added 305 points (+1.7%) on Tuesday.

Very likely this is the wave d of (xiv) for Dow and hopefully Dow can complete its wave (xiv) in February and move on with its wave (xv), (xvi) and (xvii) in the next 6 to 7 months.

The end of wave (xvii) is another possible location for a higher degree correction.


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