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wolfah
Apr 20, 2017 4:37 PM

DJI (12) Targets for 1st wave 

Dow Jones Industrial Average IndexTVC

Description

The first wave tends to stop at the base of "Minute"-wave b (blue). This often coincides with a 38.2% (Target 1, slightly above "Minuette"-wave 4) or a 61.8% (Target 2) retracement of the previous correction or something between these targets (Upper trendline perhaps?). Target 2 is very optimistic.
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