DOW

On the Daily I can see Cloud support & a trend line support
c.rt7.t.prorealtime.com/ProRealTimeNew/s...292aaac8262e94cb555e

Trying to understand if we are still in the main wave 3 of 5, looking at the weekly chart back from march 2009

c.rt7.t.prorealtime.com/ProRealTimeNew/s...2e74001dc20c2c7b2d5b

updated chart from this morning.... a rally abv todays futures high be a good start and then we assess the moves from there on in... number of pips it rallys n pullbacks and so on....

also asc tri break out from 14802/06 on smaller timeframes





dl.dropboxusercontent.com/u/40497882/dow_21june13v2.JPG

hmmmmm.... up imo - dyr, spx 76/77 satifies A=C scenario at a minimum, + div at that level and the biggest rally of 17/18 pips from todays lows, along with candles...

requires confirmation..... and not out the woods yet

cheers WS

and then down again Remo?
Things are looking a wee bit bearish, I took some money off the table on Tuesday, looks like I will hold it in cash for a little while !

Hows that for a perfect back test.
shows you the power of charts

dl.dropboxusercontent.com/u/4899609/dow21stjune.png