In my last alert, I expected end of its six year rally on
certain conditions (see http://trikaaltrading.blogspot.in/2014/08/big-alert-exit-dow-jones-it-may-retreat.html),
those conditions were not met and DJI bounced back and is now set for further rise.
If DJI sustains above 17000, which it should, it may rise to
161.8% Fibonacci level near 19000. If it remains within its Andrew’s Pitch
Fork, it may reach 19000 by September 2015.
No comments :
Post a Comment