INDU: Long term trendline and intermediate e target

Please help me, so I can continue to help you make $$$s
Donate Button with Credit Cards
Thanks!!

8/1/2014, 9:30am

Like the SPX, the INDU is now also at long term trendline support. A quick stab through it is OK, but for the current count to remain valid it needs to reverse back in. I’ve also given a intermediate e=a target, which hits the 2.000x extension of Major 1 perfectly (~17,875). NO GUARANTEES HERE SINCE THE DOW IS STILL DOWNTRENDING AND NO REVERSAL HAS BEEN SEEN!!!!

indu update 08012014

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s