DJIA - update

                                            

                                                            I still support my preferred count.

Good luck

DJIA - update

Hi wavers,
   I can offer two count :
   First one is preferred  
 As i can see, the market price moves in sideways wider & wider, and seem to form an "expanding triangle".
But the price needs to go little higher for (B)of the last [E] to deeper Fibonacci level 61.8%, and then dropping down to complete  the pattern with [E] wave of a triangle .If that happened i will expect rally up for  higher highs to complete (Y) wave of larger degree, which is not shown here.

My alternative count shows an "expanding flat" formation, which is completed.

I have labeled  1 wave up, which is completed as well. 2nd wave has formed an "expanding flat" and now higher wave 3 of (5) is expected to be formed.

These are the most well fitted possibilities I see.There are few more, but seem very complicated .

I still support that count of the bigger picture(daily)

.According to that labeling (5)th wave of a (Y) wave of double "zig-zag" doesn't look finished.The proportions are already 1:1(Y=W) by size, but i still wait for little more higher to complete the pattern.I expect 

that to occur around December 21-22nd  2009.   

Good luck!!!

DJIA - update10 min

VIX - update 5 min

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The man on the "floor" is sick"n tired of todays squiggles  ...same as me. 

 

Bull & bear gambling.............

Gold is still shining...............

Ben promises prosperity............

And market rumor is going on.......as usual....

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