Tuesday, July 27, 2010

7/27 9:05

DJ futures 10524 which is only 11 points away from 10535 high Minute 2, June 21.  Diagonal is in throwover at 1117.50.
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3 comments:

  1. AnonymousJuly 27, 2010 at 6:27 AM

    Steve

    Does this formation lead to new highs or a reversal?

    Jack C

    ReplyDelete
  2. Steve KotelesJuly 27, 2010 at 6:38 AM

    Diagonal triangle is a rare pattern normally shown in 5th waves. It is definitely termination and has a very reliable measurement. The target is the start of the pattern, the start of the 5th wave, which in this case is below 1085.

    ReplyDelete
  3. AnonymousJuly 27, 2010 at 6:44 AM

    OK, Thanks. I just keep learning.

    Jack C

    ReplyDelete

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