Tuesday, March 23, 2010

dowjones fut.

dow jones daily chart--(1)
dow jones daily chart--(2)
You can see dow jones 1 & 2 charts r indicating same at this time but calculate on EW method is different. but according to 3-3-5 wave pattern indicates dow jones --1 is correct . it will be conformed after fall from higher level.
dow jones 4hr.chartthis chart indicates 5th wave& wave C may be completed at higher level.
dowjones 4hr.chart--(3-3-5 wave pattern)--Irregular ABC patternaccording to this pattern wave B may be end near 10820 now trading near 10740 level. which is 1.15% of WAVE A .