Dow is about to complete its mini wave 3 of sub-wave i.
From the 9-year chart, it becomes more likely that Dow is forming its major wave (7).
At this stage I still like to maintain that the 2009 low of 6,547 is the end of the super wave VI of Dow.
For this super wave VII that has moved from 6,547 to 17,325, Dow has gained 164%. But when I compared this gain with that of super wave I of 373%, super wave III of 981% and super wave V of 1,410%, I feel that Dow still has a long way to go for this super wave VII unless it is a failure VII.
.
No comments:
Post a Comment