WAVE PATTERN: STOCK MARKETS AND WAVE COUNT

June 23, 2009

This album contains 2 items.

Following is the envisaged wave count for all the major stock markets.  This should give a broader picture of what could happen over the Medium and Long term.  (Short term trend followers may delve into more elaborate details in short term charts).
There could always be some unanswered questions while following wave patterns, but they are [...]

DOW: WEEKLY OUTLOOK

June 22, 2009

This album contains 2 items.

Dow Jones Industrial Average (DJIA) or DOW in short,  is having a tango with its 200days SMA for over two weeks now.  But there is no sign of its trending above this average decisively.  Yet, the trending down of this average itself is a good sign.  Now, this index needs some triggers which are [...]