Translate

Tuesday, March 30, 2010

DJI - Indicators are rolling over indicating a top soon



Wave E in the Expanding Diagonal is still in motion, but as can be seen the indicators are rolling over indicating a top will be in place soon.

All requierments for wave E are fulfilled, but we must accept a new high as long as 10,816.43 isn't broken to the downside. A break below 10,816.43 would point to a top in place and call for a decline to at least 10,475.41.

No comments:

Post a Comment