Translate

Monday, February 1, 2010

DJI - Evidence support that black circle wave 2 is ongoing



My favorit count at this point is, that black circle wave 1 ended at 10,055.46 and black circle wave 2 is ongoing with an ideal target near the 10,258 area (top of wave 4 of one lessor degree). As this is wave two we could see a higher correction towards the 10,391-10,472 area before beginning black circle wave 3.

There is still the possibility that we are still only in wave 4 calling for wave 5 donw below 10,044.66 before ending black circle wave 1, but this count is a bit messy and therefore not the prefered at this point.

No comments:

Post a Comment