With todays break above 1,294.53 the decline from 1,344.03 is only in three waves and therefore corrective. The most likely count at this time is, that we have see wave "W" of a more complex correction and we are currently trasing out and "X" wave towards 1,307 and possibly even 1,323 before the next leg lower.In the bigger picture, that means we currently is in wave 4 and later should see a new high above 1,344 (see my post from March 16 -link below).
http://theelliottwavesufer.blogspot.com/2011/03/dji-beautiful-picture.html
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