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techcharter

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techcharter

Re: None

Monday, 03/17/2008 7:03:47 PM

Monday, March 17, 2008 7:03:47 PM

Post# of 51808
INDU wave count

Since Wednesday, March 12 I count a double zigzag. wave b is a triangle that completed this morning. The bounce off today's lows looks like a completed wave c.

This double zigzag consolidates / corrects the 1000 point drop that started at a the end of February. Once the double zigzag completes, a 500, 1000, 1600, 2000, or 2600 point drop should follow.


http://www.marketwatch.com/tools/quotes/intchart.asp?submitted=true&intflavor=advanced&symb=INDU&origurl=%2Ftools%2Fquotes%2Fintchart.asp&time=18&freq=9&startdate=&enddate=&hiddenTrue=&comp=Enter+Symbol%28s%29%3A&compidx=aaaaa%7E0&compind=aaaaa%7E0&uf=7168&ma=1&maval=50&lf=1&lf2=4&lf3=0&type=2&size=3&optstyle=1013
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