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[dindindon]

DJI session high & ATH 18,351.36

dindindon Monday, 12/29/14 11:54:37 AM
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=109438192

- DJI chart: http://www.chartupload.com/images/35572302753628157028.jpg
- 18062 18657
- 17975 18103 18230 18357 18485

DJI session high & ATH 18,351.36

18357 realization:

(1) use frame [17975.13-18484.62] (see chart)
(2) use quad division , 1/4
(3) (18484.62-17975.13)/4 = 569.49/4 = 127.3725
(4) 17975.13 + 127.3725 * 3 = 18357.25

FWIW FYI

FRIDAY, MAY 1, 2015
Treatise on the Bear Market Rally and Elliott Wave Count Update
http://fifthwavefinancialanalysis.blogspot.com/2015/05/treatise-on-bear-market-rally-and.html

Using arithmetic scale, the ratio of the 2007-2009 decline to the 2000-2002 decline, is approximately 169.7%. Applying this ratio to the advance from 2002-2007 (7000.61 points) yields 11,883.21 points. From the 2009 low, should this ratio analysis be correct, the market would top at 18,353.16.

cwallace90 says:
May 19, 2015 at 3:34 pm
https://caldaro.wordpress.com/2015/05/19/tuesday-update-490/#comments

Hello Everyone,
At the beginning of the month I did a blog post, and presented some calculations and a resulting target. Today the market just about hit it.

http://fifthwavefinancialanalysis.blogspot.com/2015/05/treatise-on-bear-market-rally-and.html

My target: 18,353,16
Today’s high: 18,351.36
If the calculations are going to work out, the market should stage a big reversal tomorrow.
Cheers,
Chris

comments: DJI hit a good pivot but i don't know whether it will reverse tomorrow or not, nearby resistances are 18364.36 (0.764) - 18375.59 (0.786)