Tuesday, May 7, 2013

Fwd: DJIA Weekly By Harsh

Despite DJIA making all time Real Highs the Long Term trend is Sideways to Bearish.. The Bear started in 2000 & DJIA still looks to be in Bear Grip Despite making All time highs. From EW perspective correction is unfolding as an Expanding Triangle. DJIA is about to complete its (D) leg near 15500 & we may witness Huge sell-off in (E) leg a downtrend for an year & half. (E) may break below 2009 lows & complete near 5500 in 2015.. Or it may fall short. 

With the ongoing Euphoria & Gung-ho Investors are at huge risk. Sell on Stall before the Fall.