Elliot wave and Andrews Pitchfork for DOW suggest possible top.
The Andrews Pitchfork takes the 2002 low for A and the respective 2007 and 2009 high and low for B and C. The Elliot Wave markings are on the chart. This analysis seems to suggest that the DOW may run into some serious resistance any time soon.
Комментарий:
Currently bouncing off median line support.....
Комментарий:
Perhaps has got one more leg up to complete wave (if not completed already).
Комментарий:
That trendline is proving very resilient!
Комментарий:
Or at least it was....
Комментарий:
Wow. What a move up to regain the initiative post US election. Still don't think this rally has legs but this comment will probably mean it does.....