Sunday, June 2, 2013

DJIA Potential 4 wave or b wave update

Update to DJIA Micro level count. [Note: The color coordination scheme I normally employ is not used in this chart]. All analysis occurs on the Micro or sub-micro scale. I have labeled and set a stop loss for the support level demarcated by wave number 4 at 15092 points. The next move should be a bull move and will likely occur in three waves. It is unclear as to whether the correction which occurred this past week is actually a 4 wave, or if it is potentially a b wave from which the final c - wave run to 15888 will start.



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