Dow Jones (INDU) Short Term Elliott Wave Analysis 5.12.2015

FX:US30   US Government Bonds 30 YR
45 0 1
Decline to 17683 completed wave X and the Index has since moved higher. From wave X low, the rally took the form of a zigzag a-b-c, where wave a ended at 17971, wave b ended at 17909, and wave c of (w) completed at 18208. Wave (x) pullback is currently in progress towards an ideal target of 17807 – 17946 (50 – 76.4 back of wave (w) rally). We don’t like selling wave (x) pullback and expect buyers to come at the area above for continuation higher or at minimum 3 waves higher to correct the decline from 18205.23.

Twitter: cmellon1976
Skype: EWF Hendra
Website: http://elliottwave-forecast.com/amember/go.php?r=2670&i=l1
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out