Monday, September 26, 2011 3:21:29 PM
DJI continuation pattern chart
Here is a continuation pattern provided by elliot wave theorist. It shows the price of 1937-1938 Dow Jones Industrials. It is suppose to simulate the current downside market. In my opinion, we are at the juncture (the lower line) for this pattern to take effect, to confirm that current price is a continuation pattern.
This is Not a post regarding waves.... Im just using their chart.
Here is a continuation pattern provided by elliot wave theorist. It shows the price of 1937-1938 Dow Jones Industrials. It is suppose to simulate the current downside market. In my opinion, we are at the juncture (the lower line) for this pattern to take effect, to confirm that current price is a continuation pattern.
This is Not a post regarding waves.... Im just using their chart.
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