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12 years 8 months ago #7026 by Amo
Replied by Amo on topic DOW
I've just done a little study of the dow and came to the conclusion that this move up is minor wave 3 of intermediate (3)of Primary ((5)) ;)

I tried lol
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12 years 8 months ago #7027 by Jackozy
Replied by Jackozy on topic DOW
Today's drop to 14967 was wave 2 of 3 up from 14550 imho. 14967 was the 61.8% Fib of the rise from 14820 to 15185 (futures prices) which I have as wave 1 of 3 (of 5).

Amo - I think you're right except it should probably be Major 5 not Primary as I think we're in Primary 3.
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12 years 8 months ago #7028 by WaveSurfer
Replied by WaveSurfer on topic DOW
and close the gap to boot. ;-) big up !
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12 years 8 months ago #7029 by Amo
Replied by Amo on topic DOW
Cheers mate, was getting confused trying to work out which one it could be. I also used one of your blog charts (with fibs) to work out an initial target of 15562. I think I may have got ahead of myself with this one though and gone off the mark.

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12 years 8 months ago #7030 by Jackozy
Replied by Jackozy on topic DOW
PS Look for futures to come to c. 15033-54 and bounce before US open on Monday.
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12 years 8 months ago #7031 by remo
Replied by remo on topic DOW
This should be a free trade now... B)

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