Tuesday, May 19, 2015

DJIA on 19-May-2015

Hi, here's a quick update.

Last week, DJIA continues the bullish sentiment and hit 1L inner wave WTP.
Check last week posting here.

DJIA on 11-May-2015

The sentiment likely to continue and 2L WTP is 18,925 pts.

If I am correct,
Labelling with Blue (up wave from 2015 low, took 2 months to form) and
Green (inner wave took a month to form)
Both suggesting DJIA to break above 18800 pts.

And I would look for Long trade aiming around these target.


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