Dec 22, 2009

Djia- update


I guess this is the market where most want to know when does it stop, well there is at least 3 variations how you want to count this particular move, as its gone from a clean 5 impulsive waves down, to a mixed pattern, where depending on the skills of the analyzer/Elliottician, those counts come into play.
However, if you have noticed the move up, on the counter 5 waves down (according to me)  has been very sharp and strong (typical for 2nd wave pullback)  
I am going to let the market now prove my count. 





1 comment:

Filipe Miguel said...

A silent night,
a star above,
a blessed gift of hope
and love.

A blessed Christmas to you!