Elliot wave and Andrews Pitchfork for DOW suggest possible top.

14 Ağu 2016

The Andrews Pitchfork takes the 2002 low for A and the respective 2007 and 2009 high and low for B and C. The Elliot Wave markings are on the chart. This analysis seems to suggest that the DOW may run into some serious resistance any time soon.

6 Eki 2016

Not

Currently bouncing off median line support.....

11 Eki 2016

Not

Perhaps has got one more leg up to complete wave (if not completed already).

21 Eki 2016

Not

That trendline is proving very resilient!

4 Kas 2016

Not

Or at least it was....

10 Kas 2016

Not

Wow. What a move up to regain the initiative post US election. Still don't think this rally has legs but this comment will probably mean it does.....