DOW

The level to watch for a finish above is 14796....If it can finish above that then good chance of a move higher in the short term. The dow did bounce of the short term trend line yesterday.


dl.dropboxusercontent.com/u/4899609/dow25thjune.png

me personally am just waiting to see how things progress.

Another overnight futures drop to a 61.8% Fib. All looking good for wave 5 so far IMHO.

Dow futures hit within a few pips to the target initial target level 14848, if this level gets smashed through then 870 /900 next up.

WaveSurfer wrote: If the dow can continue to at least rally to 14900+ or spx 1604 then likely the low has been put in and will likly confirm a wave iv low @549

Watch >590 >652 > 680 > 714 > 752/4 > 848 area on Dow today...

cheers WS

Are you not looking at 14970-15025 for the next key level WS?

PS Just going to the chat room if you're free?

there is a chat room in here?

look above just click on the live chat...