Trading Analysis based purely on Price Action as taught by Nial Fuller at www.learntotradethemarket.com. All I post here are setups which i see fit to trade win or lose.
Wednesday, 2 June 2010
Dow Analysis
The ewt count post last Thursday is still on track. As thought, we had a bounce for Wave B of the zigzag in the low 10000s. Now we have Wave C of the zigzag under way and im looking at at 50% retrace of the drop. This is also the area where A = C .
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