S WAVE CHARTS

[JK]

DOW E-Wave Update:

Translation:
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Summary:
The bearish scenario described last week materialized but the target at 57,12 points was nit reached yet. Whether the current low is good enough for a sustaining low will be seen next week. Reaching the target at 15798,00 would not be critical but cracking below the MoB level of 15663,00 would be dangerous. In the coming week important psychological levels are at 17000,00 and 16000,00. Below 16000,00 the DOW should work on reaching 15798,00 - above 16000,00 temporary rising prices should happen.

< 17099 Punkte = 15798 Punkte -xxx

> 17099 Punkte = 17413 Punkte +xxx

Happy WE,