I am continuing my medium term prediction that the DJIA will top out between 15845-75. This is about 13 points lower than I had originally predicted and is due to issues in crafting the chart itself. If the fall which occurs is anything like this past week's wave b of 5 scare, I will start to look for associated minor shifts in politics, global events and pop culture to swing toward a more negative/pessimistic outlook. The following chart represents my analysis of the DJIA. The predicted resistance point is made clear.
-W
This purpose of this blog is to document my own education in the study of Social Mass Systems and Behavioral Finance. Please read the disclaimer below. THE PREDICTIONS AND ASSESSMENTS MADE ON THIS BLOG ARE FOR EDUCATIONAL PURPOSES ONLY. DO NOT TRADE OR RELY ON THESE FORECASTS OR ASSESSMENTS. NOTHING POSTED ON THIS BLOG CONSTITUTES FINANCIAL ADVICE AND ALL INFORMATION IS POSTED SOLELY FOR EDUCATIONAL AND ARCHIVAL PURPOSES.


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