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.
Cheers
Ayumi
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.
Cheers
Ayumi
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