Thursday, November 19, 2009

11/19 - DOW

Here's a possible count of the DOW. If P2 is strictly counted as a zigzag, Intermediate (C) may have topped with a minor wave 5 throw-over.

Minor 5 measures out to be just about .618x Minor 1 and price today dropped back into the trend channel.

Did we top? Still a long ways from finding out. I will definitely say this last leg up has certainly topped.


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