Thursday, July 3, 2014

Indices… are we finally topping?

Above is the chart for the Dow jones industrial avg hanging on the D wave completion line. About 400 points over to be exact.  I will be building a short position here as I believe the risk of being long is too great and a top could be put in any day now.  And if I'm correct the e wave is coming next. 
My guess is that this e wave impulse down will catch the majority off gaurd. price target comes in @17130

Good trading

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