Sunday, 6 June 2010

Dow Analysis - EWT Count 3





This is the third count and seems favourite in my opinion. The count here would be we're in the 3rd wave of major wave 1 down. 3 of 3 of 1 of P3

The others indices seems to back this count up too with the FTSE and Dax playing out a very similar scenario. Also we have a 3 candle swing on the daily chart which suggests carnage is right round the corner

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