The cash DJI has completed wave iii of S3 of C of Minute 2.
We all knew that the EWI count would not hold with the I1 in a strong uptrend. Now with 10,594 falling it is official. The above has been my count since the I1 bottom. 1145 is my target.
1106 now. I've extended the maximum to 1150, basis futures. Downside after the 8/13 top? Well, I expect the market to find strong support slightly above the 3/2009 low. If that falls then we are on to 4,200 DJI.
1105 first then 1145?
ReplyDeleteSteve,
ReplyDeleteWhat is your downside target after the 8/13 top sell?
Great Calls!!!
Steve
ReplyDeleteTop target or next target?
Jack C
1106 now. I've extended the maximum to 1150, basis futures.
ReplyDeleteDownside after the 8/13 top? Well, I expect the market to find strong support slightly above the 3/2009 low. If that falls then we are on to 4,200 DJI.