InvestorsHub Logo
Followers 24
Posts 2281
Boards Moderated 0
Alias Born 06/03/2004

Re: techcharter post# 46467

Tuesday, 12/20/2011 2:04:02 PM

Tuesday, December 20, 2011 2:04:02 PM

Post# of 51804
INDU Projections.

Since my projections are based on longer periods, much more than 10 days, the near term top I curve fitted this weekend is surprising me very much today. It called for a potential near term top and longer reversal. With today's advance, the rally out of the October 2011 lows is still in play. The ewave count can be an zigzag or WxY. One more challenge of the 200 day moving average, and a Santa Claus rally would really make for a turning point.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.